The board of directors of Redsun Properties Group Limited announced that Mr. Yuan Chun has been appointed as an associate president of the Group with effect from 31 October 2019. Mr. Yuan is primarily responsible for assisting the chief executive officer of the Company in the Group's operation and marketing management. Mr. Yuan was the president of Hongkun Group Co. Ltd. from December 2017 to October 2019. He served as the general manager of Hangzhou Longfor Real Estate Development Co. Ltd. from March 2010 to May 2014, and was re-designated as the vice president of Longfor Group Holdings Limited together with its subsidiaries, a company listed on The Stock Exchange of Hong Kong Limited, from May 2014 to December 2017. Prior to joining Hangzhou Longfor Real Estate Development Co. Ltd., he worked for China Overseas Land & Investment Ltd. from July 1996 to March 2010. He graduated from Tongji University in the People's Republic of China and obtained a bachelor degree in Heating and Ventilating in 1996.