China City Infrastructure Group Limited announced that Mr. Ye Tianfeng has resigned as the Chief Executive Officer of the company with effect from 25 July 2022, due to his other personal commitments. Mr. Li Chao Bo, being the Chairman, Executive Director and Authorised Representative of the Company, has been appointed as the Chief Executive Officer with effect from 25 July 2022 to fill up the vacant position of the Chief Executive Officer of the Company from Mr. Ye. Mr. Li, aged 47, was appointed as the Chairman and an Executive Director of the Company with effect from 31 March 2016 and was appointed as the Chief Executive Officer from 31 May 2018 to 17 December 2019 and is currently a director and the sole beneficial owner of Linkway Investment Holdings Limited. Linkway Investment Holdings Limited is a company incorporated in the British Virgin Islands with limited liability. Mr. Li is currently a chairman of the number of the investment and property investment development company which is registered in the PRC. Mr. Li currently holds a master degree from Hong Kong
Baptist University and a degree from Central South University. Mr. Li is experienced in brand operation, property development and financial investment.