Greentown Management appoints Cheng Min as executive director

Greentown Management Holdings Company Limited announced the appointment of Cheng Min as an executive director, effective October 20, 2025. Cheng, 44, has served as the company's vice president since December 2020, overseeing business development, financial management, and capital project management. He previously held significant roles within the Greentown Group, including at Greentown Real Estate Group Co., Ltd. and Greentown China Holdings Limited, demonstrating extensive experience in real estate project investment and expansion.

Cheng will serve an initial three-year term, subject to retirement by rotation and re-election. His annual director's fee is RMB320,000, with additional remuneration determined by the board based on recommendations from the remuneration committee. As of the announcement date, Cheng holds an interest in 892,000 shares of the company, representing approximately 0.04% of its issued capital.

He holds a bachelor's degree in mechanical engineering and automation (2005) and a master's degree in technical economy and management (2009), both from Zhejiang University of Technology. The board currently comprises two non-executive, three executive (including Cheng Min), and three independent non-executive directors.