China Investment Development Limited announced changes in directorate. Mr. Liu Lihan has resigned as non-executive Director of the Company with effect from 6 October 2023 in order to concentrate on other personal endeavours. Mr. Ge Zhifu has been appointed as non-executive Director of the Company with effect from 6 October 2023.

Mr. Ge, aged 45, graduated from Nankai University majoring in Business Administration. Mr. Ge has extensive experience in investment and education management. He has been appointed as chairman and director of various educational management companies.

Since August 2015, he has been appointed as chairman of Shenzhen Pu Hui Enterprises Management Group Limited. Since May 2016, he has been appointed as the chairman of the Yunan Zhao Tong Chamber of Commerce in Guangdong province and the member of the 4th Yunnan Zhaotong Province Committee of the Chinese People's Political Consultative Conference.