The board of directors of Skyfame Realty (Holdings) Limited (the ‘Company') announced that Mr. WEN Xiaojing (‘Mr. Wen'), Mr. CUI Yuan (‘Mr. Cui') and Ms. TANG Yu (‘Ms. Tang') have been appointed as independent non-executive directors of the Company and members of the Company's Audit Committee, Nomination Committee, Remuneration Committee and Risk Management Committee with effect from 9 June 2022. Mr. WEN Xiaojing, aged 44, holds a Master's degree and is currently the vice president of Guangzhou Juesheng Industrial Group Co. Ltd.) responsible for the operation and management of the company's real estate sector.

Mr. Wen has worked in a number of domestic real estate companies in China at management level, and has extensive experience in real estate and urban renewal, project investment management, asset mergers and acquisitions, and real estate project development management. Mr. CUI Yuan, aged 37, holds a Bachelor's degree, is currently a practicing lawyer of (Beijing Zhonglun W&D (Guangzhou) Law Firm), a non-practicing member of the Chinese Institute of Certified Public Accountants, and holds the title of intermediate accountant. He has served as the tax officer (managerial grade) of a Fortune 500 company and the financial officer of medium and large private enterprises.

He has extensive experience in finance, taxation and legal affairs, and is good at corporate governance, strategic planning, tax planning and transaction structure design. Ms. TANG Yu, aged 30, holds a Bachelor's degree and is the co-founder of a service company and focuses on comprehensive management in operation sector and the integration of company resources. Ms. Tang previously served various roles at the operation level in a number of property companies in the PRC mainly responsible for organizing, designing and evaluating investment plans, conducting financial forecasts and risk analysis of investment plans, establishing and maintaining company's strategic partnership.

The Board further announces that Mr. Wen, Mr. Cui and Ms. Tang have been appointed as members of the Company's Audit Committee, Nomination Committee, Remuneration Committee and Risk Management Committee with effect from 9 June 2022.