Fang Holdings Limited announced the appointment of new acting CFO Mr. Ke Wang has been appointed as Fang's acting Chief Financial Officer to replace Mr. Zijin Li, effective August 31, 2020. Mr. Li has resigned from the company for personal reasons. His resignation did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Prior to joining Fang, Mr. Wang was CFO of two companies in Beijing and has extensive experiences in financial management. Mr. Wang has solid accounting background with an MBA and master's degree in Electrical Engineering from the University of Hawaii and a bachelor's degree from the Beijing Institute of Technology.