The board of directors of Central Development Holdings Limited announced that, with effect from October 25, 2021, Zhong Yingjie, Christina has been appointed as an independent non-executive director of the company. Zhong is currently a senior advisor to chairman of Hopu Investments, a director of COFCO Fortune Co., Limited and the chief strategy officer of CJIA (Shanghai) Investment Co., Limited. Zhong has extensive experience in finance and capital markets. Zhong had served as an independent non-executive director of China Shenhua Energy Company Limited from June 2017 to May 2020 and has been the chief financial officer of HH&L Acquisition Co. since December 2020. The board also announced the following changes in the composition of the board committees of the company with effect from October 25, 2021: following the appointment of Zhong as an independent non-executive director of the company, she has also been appointed as the chairman of the audit committee of the company; Jin Qingjun, an existing independent non-executive director of the company has been appointed as the chairman of each of the remuneration committee and the nomination committee of the company and Sun, Ivy Connie, an existing independent non-executive director of the company, has been appointed as a member of the remuneration committee.