China Resources Land Limited announced that with effect from 22 December 2020, Mr. Shen Tongdong has resigned as executive director and a member of executive committee of the Company due to other work arrangement. The Board of the Company further announced that with effect from 22 December 2020, Mr. Guo Shiqing has been appointed as executive director and a member of executive committee of the Company. Mr. Guo Shiqing, aged 51, joined the Company in 2001 and was appointed as a Deputy General Manager of the North Region of the Company in 2017, taking charge of the finance department, and General Manager of Finance Department of the Company in October 2018. He was then appointed as the Assistant President and Chief Financial Officer in June 2020.