The board of directors of Greentown Management Holdings Company Limited announced that Mr. Wang Junfeng ("Mr. Wang") has been appointed as an executive Director, with effect from 12 January 2023. Mr. Wang Junfeng, aged 47, graduated and obtained his bachelor's degree from the East China Jiao Tong University. Mr. Wang has 23 years of experience in real estate development and project management.

From April 2017 to September 2021, Mr. Wang served as the executive deputy general manager of Zhejiang Greentown Real Estate Investment Co. Ltd. and also served as the general manager of Ningbo City Company. Since September 2021, Mr. Wang has served as the general manager of Zhedong Greentown Real Estate Investment Co.

Ltd.