Jiande International Holdings Limited announced that Mr. Tsoi Kin Sze (``Mr. Tsoi'') has been appointed as an executive Director and the chief executive officer of the Company (the ``CEO'') with effect from 16 December 2021; and Mr. Shie Tak Chung (``Mr. Shie'') would cease to serve as the CEO, but would remain as the Chairman of the Board and an executive Director with effect from 16 December 2021 due to re-division of function. Mr. Tsoi, aged 52, has about 20 years of management experience in the real estate industry in the PRC. He served as an executive Director and CEO from 25 October 2016 to 22 November 2019, and was mainly responsible for the overall operation management of the Group. Moreover, he is the director of two subsidiaries of the Company.