The board of directors of Hopson Development Holdings Ltd. announced the changes to the Board. The Board announces that with effect from July 11, 2013, Mr. Zhang Yi will resign as an Executive Director, the Deputy Chairman and the Chief Financial Officer of the company in order to pursue his career development; Ms. Chu Kut Yung, an Executive Director of the company, will be appointed as the Deputy Chairman of the company; and
Mr. Xie Bao Xin will be appointed as an Executive Director and the Chief Financial Officer of the company. Mr. Xie, aged 33, joined the Group in July 2002 and was the General Manager of Finance and Investment Management Centre of the Group and the members of the Group established in the
Guangzhou District.