Joy City Holdings: Reasons For Job Mobility Ceng Xianfeng Resigned As Director

In May 31st, the Limited by Share Ltd announced that Ceng Xianfeng had resigned from the company's position as a result of the reasons for his resignation and would no longer hold any post in the company after his resignation.

Mr. Ceng Xianfeng did not hold shares in the company.

In addition, in May 30th, Joy City Real Estate Limited announced that Ceng Xianfeng had resigned as a non-executive director because he decided to focus on other businesses and was no longer a member of the company's audit committee.

Cao Ronggen, executive director of the Joy City, Executive Committee and Remuneration Committee, has been appointed as a member of the company's audit committee and has come into force since May 30, 2019.

It is understood that Cao Ronggen has been appointed as executive director, Executive Committee and Remuneration Committee since December 2016 7.

From December 2000 to June 2002, he served as assistant general manager of Joy City Holdings and served as Fu'an industrial manager.

From July 2002 to December 2016, he was deputy general manager of Joy City Holdings.

Since May 2017, he has been director and general manager of Da Yue Cheng holdings.