The board of directors of Redsun Properties Group Limited announced that Mr. He Jie has tendered his resignation as an executive Director and a member of the remuneration committee of the Board with effect from 29 January 2021 due to change of his work arrangements. The Board of Directors announced that Mr. Yuan Chun has been appointed as an executive Director and a member of the remuneration committee of the Board with effect from 29 January 2021. Mr. Yuan, aged 46, was appointed as an associate president of the Group on 31 October 2019.