Guorui Properties Limited announced that Mr. Ge Weiguang, the executive director of the Company, will retire by rotation at the Annual General Meeting (the "AGM") held by the Company on May 28, 2019 according to the Articles of Association of the Company. The Board further announced that after Mr. Ge's retirement, Mr. Zhang Zhangsun, the Chairman of the Company, will be appointed as the authorized representative of the Company as required by Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, which will take effect from May 29, 2019.