Ying Li International Real Estate Limited Announces Resignation of Zhang Mingao as Non-Executive and Non-Independent Chairman and A Member of the Remuneration Committee

Ying Li International Real Estate Limited is a Singapore-based property investment and asset management company. The Company is principally engaged in the development, sale, rental, management and long-term ownership of commercial, residential and bespoke properties in the prime locations of Chongqing. Its segments include Property development, Property investment and Others. The Property development segment is engaged in the development of residential, commercial and other types of properties. The Property investment segment is engaged in leasing of investment properties to generate rental income, facility management income and to gain from the appreciation in the value of the properties in the long term. Its property portfolio includes International Financial Centre/ IMIX Park Jiefangbei, Bashu Cambridge, Lion City Garden project, Minsheng Mansion, Zou Rong Plaza, Southland Garden and International Hardware and Electrical Centre.