The board of directors of Ceneric (Holdings) Limited announced that Mr. Yang Lijun and Mr. Wan Jianjun have been appointed as executive directors and members of executive committee of the company with effect from 4 May 2017. Mr. Yang has experience in investment in and development of property in the People's Republic of China for more than 10 years. Mr. Yang was one of the founders of Zhongshan Danan Group Limited, which scope of business included property development. Mr. Yang was also appointed as its managing director in 2004. In 2014, Mr. Yang was appointed as the chairman of Zhongshan Fuyuan Holdings Group Limited, which engaged in the investment in commercial and residential properties in Zhongshan, Guangdong province, the PRC. Mr. Wan graduated from (Xian University of Finance and Economics) with a bachelor's degree in management. During the period from 2010 to 2013, he was the deputy general manager of Guangzhou Aoyu Real Estate Development Co. Ltd, the issued shares of which are listed on the main board of The Stock Exchange of Hong Kong Limited. In 2014, Mr. Wan joined Zhongshan Fuyuan as president and was responsible for its daily management and operations.