The board of directors of Skyfame Realty (Holdings) Limited announced that Mr. WANG Chenghua has been appointed as an Executive Director of the company with effect from October 22, 2018. Mr. Wang, aged 40, currently is the President of the Group responsible for the listing affairs, merger and acquisition, corporate finance and the Company's overseas investment exploration from time to time. He holds a Master Degree in economic and obtained a Leve C Certificate from International Project Management Association (IPMA) in 2003. Mr. Wang is a member of CPA Australia. The Board is also pleased to announce that Ms. LIU Juan has been appointed as a Non-executive Director of the company with effect from October 22, 2018. Ms. Liu, aged 35, has worked in China Huarong International Holdings Limited since 2014 and currently is the general manager of its direct investment department. She graduated in Soochow Universityin China. The Board further announces that Mr. LI Weijing has tendered his resignation as Non-executive Director of the company with effect from October 22, 2018 to pursue his personal career development.