Chen Xing Development Holdings Limited — Board/Management Information 2016

Jun 14, 2016

The Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

==> picture [109 x 75] intentionally omitted <==

Chen Xing Development Holdings Limited 辰興發展控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2286)

RESIGNATION OF EXECUTIVE DIRECTOR

The board of directors (the “ Board ”) of Chen Xing Development Holdings Limited (the “ Company ”) hereby announces that Mr. Zhang Yongcheng (“ Mr. Zhang ”) has tendered his resignation as the executive director of the Company with effect from 8 June 2016 due to retirement.

Mr. Zhang has confirmed that he does not have any disagreement with the Board and there is no other matter in relation to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company.

The Board would like to express its gratitude to Mr. Zhang for his contribution to the Company during his tenure of services.

By order of the Board Chen Xing Development Holdings Limited Bai Xuankui Chairman

Hong Kong, 14 June 2016

As at the date of this announcement, the executive directors of the Company are Mr. Bai Xuankui, Mr. Bai Wukui, Mr. Bai Guohua and Mr. Dong Shiguang and the independent non-executive directors of the Company are Mr. Gu Jiong, Mr. Tian Hua and Mr. Qiu Yongqing.