Trivia | Greentown Services Replaces Chairman of the Board of Directors Aoyuan Meigu Elects Chairman Ruifang Appoints New President

Li Hairong, chairman of the board of directors of Greentown Services, resigned Yang Zhangfa will take over

On 30 December, Greentown Services Group Limited announced the change of the chairman of the board of directors and authorized representatives and the transfer of directors.

According to Viewpoint New Media, in order to devote more time to personal business development, Lee Hasrong has resigned as Chairman of the Board of Directors and the authorized representative of Greentown Services under Rule 3.05 of the Securities Listing Rules of The Stock Exchange of Hong Kong Limited and has been transferred to a non-executive director at the same time.

Born in May 1957, Lee joined Greentown Services Group in October 1998 and has been responsible for the Group's development strategy and strategic planning, as well as making decisions on major operational matters. At the same time, Li Hairong is also a major shareholder of the Group.

Lee has accepted the letter of appointment for redeployment as a non-executive Director for a period of three years from 30 December 2021 and will serve until the first general meeting of greentown services after his appointment, at which he may be re-elected, and thereafter he shall retire at least once every three years in accordance with the Greentown Services Articles of Association. Lee Will be entitled to receive an annual honorarium of RMB240,000 to act as a non-executive Director, as determined by the Board of Directors taking into account the prevailing market conditions and his role and responsibilities with respect to the Group.

In addition, with effect from 30 December 2021, Yang has been appointed as chairman of the Board and authorised representative for a period of three years.

Born in January 1972, Yang Zhangfa is currently the Vice President of China Property Management Association, Vice President of Zhejiang Real Estate Association and President of Hangzhou Property Management Association. Since joining Greentown Services in 2002, Yang Zhangfa has held key and major decision-making positions in the Group, and has been leading and promoting the Group's market expansion and service innovation work.

Based on the current market conditions, Yang Zhangfa's role and responsibilities, the Board of Directors has determined that its directors' remuneration (including salary, pension, housing allowance, bonus, etc.) is RMB2.402 million per annum, and the Board will determine its additional management bonus according to the annual greentown service performance.

Aoyuan Meigu: Elected Hu Ran as chairman of the board of directors ren Fan Shijie as the president of the board of directors

On December 30, Aoyuan Meigu issued an announcement on the by-election of directors, the election of the chairman and the appointment of senior executives, agreeing that Hu Ran would be the chairman of the tenth board of directors and Fan Shijie would be the president of the tenth board of directors.

It is understood that the 25th meeting of the 10th Board of Directors held by Aoyuan Meigu on December 29, 2021 deliberated and passed the "Proposal on the Election of the Chairman of the Tenth Board of Directors" and the "Proposal on the Appointment of the President of the Company", and agreed that Hu Ran was the chairman of the tenth board of directors and Fan Shijie was the president of the tenth board of directors, and the term of office was from the date of deliberation and approval of the board of directors to the expiration date of the company's tenth board of directors.

Viewpoint New Media also learned that the board of directors of Aoyuan Meigu nominated Jiang Nan and Lin Bin as non-independent director candidates for the tenth board of directors of the company, and nominated Huang Weimin as independent director candidates for the tenth board of directors, and the term of office was from the date of deliberation and approval of the company's shareholders' meeting to the expiration date of the tenth board of directors.

Ruifang appoints Wang Ying as CEO and Zhang Bin as CEO of Shui On Xintiandi

On 30 December, Shui On Land Limited announced the appointment of Ms. Wang Ying as the Chief Executive Officer of the Company and Mr. Zhang Bin as the Chief Executive Officer of Shui On Xintiandi, with effect from 1 January 2022.

According to the announcement, Wang Ying was previously the managing director of Shui On Land, responsible for project development and asset management. After being promoted to CHIEF Executive Officer, he will have overall responsibility for the management and operation of the Group, driving the strategic growth of the Company's projects and implementing the Corporate Strategy of the Board of Directors.

Previously an Executive Director of Shui On Land, Bin Zhang will be responsible for the operation and management of Shui On Xintiandi and further expand the company's strategic layout of commercial assets in China after his promotion to the chief executive officer of Shui On Xintiandi.

According to the data, Wang Ying has been with Ruifang for nearly 24 years and has about 30 years of experience in China's real estate industry. Over the past decade, she has held a number of senior management positions in the company, primarily in functional areas such as business development and project development, and has successfully led a number of major urban renewal projects.

Zhang Bin joined Ruifang in 2004 and has nearly 20 years of experience in the real estate industry, accumulating rich experience in the development of real estate projects and commercial asset management in many cities in China. Prior to his role as Head of Commercial Asset Management, he successfully led the development and operation of wuhan tiandi projects, as well as the creative world project in Shanghai.

Roberts, Executive Director of Shui On Land, said, "Congratulations to Ms. Wang Ying and Mr. Zhang Bin on their promotion. The company is very optimistic and confident about its business development in 2022 and beyond. We will continue to build on the success we have already achieved, and continue to be a pioneer in China's outstanding sustainable urban communities." Both executives have decades of experience and have achieved outstanding results. I believe that in the future, as the business and functional responsibilities of the two executives expand, they will be more at ease to seize market opportunities and accelerate the realization of the company's strategic vision and future development. ”

Zhejiang Guangsha completed the change of company name and business scope

On December 30, Zhejiang Guangsha Co., Ltd. issued a progress announcement on the change of company name, business scope and amendment of the corresponding provisions of the Articles of Association.

Viewpoint New Media learned that Zhejiang Guangsha recently completed the industrial and commercial registration procedures for the change of company name and business scope, and obtained a business license reissued by the Zhejiang Provincial Market Supervision and Administration Bureau, and the renamed name was "Zhejiang Dongwang Times Technology Co., Ltd."

The changed business scope includes: general projects: technical services, technology development, technical consulting, technical exchanges, technology transfer, technology promotion, energy conservation management services, contract energy management; software development; artificial intelligence industry application system integration services; industrial Internet data services; professional design services; industrial engineering design services; engineering management services; digital content production services (excluding publishing and distribution); sports event planning; organization of sports performance activities; other cultural and artistic brokerage agents; daily necessities sales Corporate image planning; non-residential real estate leasing (except for projects that require approval according to law, independent business activities are carried out according to law with a business license).

It was previously reported that on December 6, Zhejiang Guangsha Co., Ltd. issued an announcement on the proposed change of the company's name, business scope and amendment of the corresponding provisions of the Articles of Association.

It is understood that the original business scope of Zhejiang Guangsha was "real estate investment, industrial investment, real estate intermediary agency, gardening, greening, municipal, curtain wall, intelligent, decoration, lighting engineering construction, building materials, construction machinery manufacturing, sales, non-ferrous metal sales, hydropower development, exhibition services".

Yu Development Chairman Wang Anjin left Ai Yun to take over Luo Yi as general manager

On December 30, Chongqing Yu Development Co., Ltd. released the announcement of the resolution of the 20th meeting of the ninth board of directors.

Viewpoint New Media learned that on the announcement date, Chongqing Development held the 20th meeting of the ninth board of directors of the company and elected Ai Yun as the chairman of the ninth board of directors of the company, and the term of office was from the date of the resolution of this meeting to the date of expiration of the ninth board of directors of the company.

According to the nomination of the company's nomination committee, Ai Yun was elected as a member of the company's nomination committee, and after the election of the company's strategy committee, Ai Yun was elected as the chairman of the strategy committee.

According to the nomination of Ai Yun, the chairman of the company, it was agreed to appoint Luo Yi as the general manager of the company, and the term of office was from the date of the resolution of the meeting to the date of the expiration of the ninth board of directors of the company; according to the relevant regulations, the company's controlling shareholder, Chongqing Urban Construction Investment (Group) Co., Ltd., nominated Luo Yi (resume attached) as a candidate for the ninth board of directors of the company.

In addition, the board of directors of Chongqing Development agreed to adjust the borrowing interest rate of RMB685 million from the controlling shareholder, Chongqing Urban Construction Investment (Group) Co., Ltd., from the implementation of the one-year (including one-year) loan benchmark interest rate recently announced by the People's Bank of China to the one-year LPR most recently announced by the National Interbank Lending Center.

In the event that the National Interbank Lending Center adjusts the quoted interest rate of the loan market for the same period, the interest rate shall be adjusted on the adjustment date of the quoted interest rate of the loan market for the same period announced by the National Interbank Lending Center.

According to the announcement of Yu Development on the same day, the company received written resignations submitted by Wang Anjin, chairman of the company, and Ai Yun, general manager, on December 30, 2021. Due to job transfer reasons, Wang Anjin submitted to resign from the company's ninth board of directors chairman, board of directors strategy committee and nomination committee related positions to apply, after resignation is not to serve in the company and holding subsidiaries.

Due to work adjustment, Ai Yun submitted to resign as the general manager of the company. After his resignation, he continued to serve as a director of the Company and a special committee of the Board of Directors.