Y. T. Realty Group Limited announced that Mr. Liu Jie and Mr. Yang Shengxian have been appointed as executive Directors with effect from 30 May 2022. Mr. Liu has been appointed as an executive Director, with effect from 30 May 2022. Mr. Liu, aged 41, has been the Chief Planning Officer of an indirect wholly-owned subsidiary of the Company since November 2021 and is currently responsible for brand and marketing planning for the Group. Prior to joining the Group, Mr. Liu served as brand development and planning director of a number of branded real estate companies and he has extensive management experience in the real estate industry. There is no service contract between Mr. Liu and the Company. However, Mr. Liu is subject to re-election by the shareholders of the Company at the next general meeting of the Company and retirement by rotation and re-election at the annual general meetings of the Company in accordance with the bye-laws of the Company or the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. Mr. Liu is not entitled to any directors' fee, but he is entitled to an annual discretionary bonus payment or other benefits (if any), subject to annual assessment by the remuneration committee of the Company with reference to his experience, duties and responsibilities within the Company as well as the Company's performance and prevailing market conditions. Save as disclosed, (i) Mr. Liu does not hold any other position with the Company and/or its subsidiaries; (ii) Mr. Liu has not held any directorship in any listed public companies in Hong Kong or overseas in the last three years and does not have other major appointments or professional qualifications; (iii) Mr. Liu does not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Future Ordinance; (iv) Mr. Liu does not have any relationship with any Directors, senior management of the Company, or substantial or controlling Shareholders; (v) there is no information relating to the appointment of Mr. Liu that should be disclosed pursuant to the requirements of Rules 13.51(2)(h) to (v) of the Listing Rules; and (vi) there are no other matters that need to be brought to the attention of the Shareholders. Mr. Yang has been appointed as an executive Director, with effect from 30 May 2022. Mr. Yang, aged 44, has been the General Manager of an indirect wholly-owned subsidiary of the Company since July 2021 and is currently responsible for the property development business in mainland China for the Group. Prior to joining the Group, Mr. Yang was the general manager of the Guiyang business department of Longfor Group Holdings Limited, the shares of which are listed on The Stock Exchange of Hong Kong Limited. He has over 20 years of experience in real estate project investment, operation and corporate management. There is no service contract between Mr. Yang and the Company. However, Mr. Yang is subject to re-election by the Shareholders at the next general meeting of the Company and retirement by rotation and re-election at the annual general meeting of the Company in accord nce with the bye-laws of the Company or the Listing Rules. Mr. Yang is not entitled to any director's fee, but he is entitled to an annual discretionary bonus payment or other benefits (if any), subject to annual assessment by the Remuneration Committee with reference to his experience, duties and responsibilities within the Company as well as the Company's performance and prevailing market conditions. Save as disclosed, (i) Mr. Yang does not hold any other position with the Company and/or its subsidiaries; (ii) Mr. Yang has not held any directorship in any listed public companies in Hong Kong or overseas in the last three years and does not have other major appointments or professional qualifications; (iii) Mr. Yang does not have any interest in the shares of the Company within the meaning of Part XV of the SFO; (iv) Mr. Yang does not have any relationship with any Directors, senior management of the Company, or substantial or controlling Shareholders; (v) there is no information relating to the appointment of Mr. Yang that should be disclosed pursuant to the requirements of Rules
13.51(2)(h) to (v) of the Listing Rules; and (vi) there are no other matters that need to be brought to the attention of the Shareholders.