The board of directors of China Overseas Land & Investment Limited announced that due to the reason of retirement, Mr. Nip Yun Wing will resign as an executive director, chief financial officer and authorized representative of the company as required under Rule 3.05 of Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 3 April 2018 and on 26 March 2018, Mr. Luo Liang, an executive director of the company, has been appointed as an Authorized Representative with effect from 3 April 2018.