The board of directors of China Vanke Co., Ltd. received a resignation letter from Mr. Xiao Min, a non-executive director of the company, on 15 January 2019. Mr. Xiao Min, who is about to serve as a public officer, has applied for the resignation from the position as a non-executive director of the company due to the change in work arrangements and in accordance with relevant laws and regulations. Mr. Xiao Min has confirmed that he has no disagreement with the Board and there is no matter needs to be brought to the attention of the shareholders and creditors of the company or The Stock Exchange of Hong Kong Limited. The resignation of Mr. Xiao Min shall be effective from the tender of the resignation letter to the Board.