Guangdong Land Holdings Limited (Stock Code: 00124) has disclosed that Mr. Li Wenchang resigned from his position as Non-Executive Director, effective 27 October 2025, citing changes in work arrangements. There is no disagreement with the board, and no matters regarding his departure require further attention.

Following Mr. Li’s resignation, the board now consists of two Executive Directors, Mr. Zhong Yubin and Mr. Wang Jian, alongside two Non-Executive Directors, Mr. Wen Yinheng and Ms. Wang Surong, and three Independent Non-Executive Directors, Mr. Felix Fong Wo, Mr. Vincent Marshall Lee Kwan Ho, and Mr. Leung Luen Cheong. The board expressed appreciation for Mr. Li’s contributions during his tenure.