Sinyi Subsidiary Jiuxin Properties (Wuxi) Co., Ltd. Announces Change of General Manager

1. Date of Board Resolution or Event Occurrence: 115/07/21 2. Position (Please enter 'Chairman' or 'General Manager'): General Manager 3. Name of Former Executive: Chen Qinghong 4. Former Executive's Resume: General Manager of Jiuxin Properties (Wuxi) Co., Ltd. 5. Name of New Executive: Li Shaokang 6. New Executive's Resume: General Manager of Sinyi Development Co., Ltd. 7. Nature of Change (Please enter 'Resignation', 'Dismissal', 'End of Term', 'Job Adjustment', 'Redundancy', 'Retirement', 'Death', or 'New Appointment'): Retirement 8. Reason for Change: Mr. Chen Qinghong, General Manager, is retiring. 9. Effective Date of New Appointment: 115/08/01 10. Other Matters to be Clarified (If the subject is a publicly issued company or above, this major information also meets the criteria under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act regarding matters significantly affecting shareholders' rights or securities prices): None Keywords: Major Information