The board of directors of Country Garden Holdings Company Limited announced that Mr. SU Rubo and Mr. OU Xueming have tendered resignation from their positions as executive Directors due to retirement, with effect from April 01, 2017. Ms. HUANG Xiao has tendered resignation from her positions as an independent non-executive Director, a member of each of the Audit Committee, the remuneration committee and the nomination committee of the company due to her own business commitment, with effect from April 01, 2017. Mr. WU Jianbin has tendered resignation from his positions as an executive Director, the chairman of the finance committee of the company, a member of the executive committee of the company, the Chief Financial Officer of the company, an agent of the company for the service of process in Hong Kong and an alternate authorized representative of the company to Ms. YANG Huiyan, with effect from April 01, 2017. The Board also announced that with effect from April 01, 2017, Ms. WU Bijun has been appointed as the chairman of the finance committee of the company and the Chief Financial Officer of the company. With effect from April 01, 2017, Mr. YANG Zhicheng has been appointed as a member of the Finance committee of the company. As a result of the above changes, with effect from April 01, 2017, the finance committee of the company will comprise Ms. WU (chairman), Ms. YANG, Mr. MO Bin, Mr. YANG and two other senior management of the Finance Centre of the company. Besides, with effect from April 01, 2017, Ms. ZUO Ying, deputy general manager of the Finance Centre of the company, has been appointed as the agent of the company under Part 16 of the Companies Ordinance for accepting service of process and notice on behalf of the company in Hong Kong and the alternate authorized representative of the company to Ms. YANG under rule 3.06(2) of the listing rules.