China Resources Land insider: Personnel adjustments of wholly-owned subsidiaries do not involve the listed company

China Resources Land Limited announced today the personnel changes, Mr. Xu Rong has been appointed as the chairman of the company, and Mr. Zhao Wei has been appointed as the director, chief financial officer, and person in charge of information disclosure of the company. Mr. Li Xin will no longer serve as the chairman of the company, and Mr. Guo Shiqing will no longer serve as the director, chief financial officer, and person in charge of information disclosure of the company. Subsequently, relevant personnel of China Resources Land Limited introduced to reporters, "Zhi Di Holdings" is a wholly-owned subsidiary of "China Resources Land" in mainland China, registered in Shenzhen, and is responsible for functions such as issuing bonds in mainland China. The board of directors changes of "Zhi Di Holdings" this time were made according to the company's articles of association, decisions of the shareholders, and decisions of the board of directors, and the announcement was also made in accordance with the routine disclosure required by the relevant regulations of bond issuance in mainland China. The above-mentioned personnel changes of "Zhi Di Holdings" do not involve the listed company "China Resources Land." "Some media interpretations are incorrect, and we hereby clarify," the person said.