Property

Appointment of Non-executive Director

HONG KONG, June 22, 2017 /PRNewswire/ -- As a leading real estate developer in Yangtze River Delta Region, Zhong An Real Estate Limited ("Zhong An Real Estate" or the "Company"; stock code: 672.HK) is pleased to announce that Ms. Shen Li ("Ms. Shen") will be appointed as a non-executive director with effect from 22 June 2017.

Ms. Shen has joined CVP Financial Group Limited since 2016 and is currently the president of corporate strategic investment. She worked as the deputy general manager of Credit China FinTech Holdings Limited ("Credit China") (stock code: 8207.HK) in 2009 and was appointed as an executive director and the chief executive officer in 2010, mainly responsible for leading the management team to develop credit business, formulating and advising on group strategies, and enhancing the board of directors' collaboration. Ms. Shen resigned as the chief executive officer of Credit China in 2014 and remained as an executive director till 2015.

Prior to the above-mentioned periods, Ms. Shen had worked for Price Waterhouse Da Hua CPAs and General Motors (China) Investment Co., Ltd. at which she was the controller of Asia operations at Chrysler Asia Operations. Ms. Shen has 16 years' experience in financial sector and received a bachelor of science degree from the International Business School of the Shanghai University in 1995. She has obtained the Chinese Certified Public Accountant Certificate and is an associate member of the Chinese Institute of Certified Public Accountants.

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About Zhong An Real Estate Limited

Zhong An Real Estate (Stock code: 672.HK) is a leading real estate developer in Yangtze River Delta Region, primarily engaged in developing projects including mid-to-high end residential properties and municipality integrated complex, also strives to build up a diversified business portfolio, including investment property, property management services and characteristic services etc. Since its establishment in 1997, the Group focuses on Yangtze River Delta Region, and has established a reputable brand in such regions. As at 31 December 2016, the total GFA of the Group's land bank was about 5,925,163 sq.m.

For further information about Zhong An Real Estate, please browse the Company's website at: http://www.zafc.com/c/index.php.

For further enquiries, please contact:

Zhong An Real Estate Limited (HKEx: 672)
Xie Yang
Tel: (852) 2877 6991
Fax: (852) 2877 6990
Email: xieyang@zafc.com

Chatwin Financial PR Company Limited
Kate Chan / Daniel Gao
Tel: (852) 3812 3914 / 3182 3911
Email: katechan@chatwinpr.com / danielgao@chatwinpr.com