The board of directors of China South City Holdings Limited hereby announced the following changes to the Board with effect from 3 April 2024: Mr. Qin Wenzhong ("Mr. Qin") has tendered his resignation as an executive director ("Executive Director") and the Group's Financial Controller due to position re-designation; and Ms. Fang Ling ("Ms. Fang") has been appointed as an Executive Director and the Group's Financial Controller. Ms. Fang Ling, aged 45, has been appointed as an Executive Director and the Group's Financial Controller. Ms. Fang is primarily in charge of internal audit, financial management, tax management and fund management, coordinating the financing of the Company and is responsible for coordinating domestic financing, assist with overseas financing, etc. Ms. Fang previously held various positions in Shenzhen SEZ Construction and Development Group Co. Ltd. ("SZCDG") and its certain subsidiaries, including the director of the operation and management department of SZCDG and a director of Shenzhen SEZ Technology Park Development Co. Ltd. (a subsidiary of SZCDG). Prior to joining the Group, Ms. Fang
served as the deputy director of the financial management department of SZCDG, the financial controller of Shenzhen Luqiao Construction and Development Group Co. Ltd. and the director of the financial management department of Shenzhen SEZ Investment Development Co. Ltd. Ms. Fang obtained a Bachelor of Management with a major in Accounting from the Hunan University in 2000.