Modern Land'S CFO Redesignated as Non-Executive Director

Fan Qingguo has been redesignated as non-executive Director of Modern Land (China) Co., Limited with effect from 26 August 2014.

Qingguo, 43, joined the Group since the inception of the Company in December 2000. Prior to the redesignation, Fan was an executive Director and Chief Financial Officer of the company.  He was responsible for the finance management of the Group.

He is currently a director of a number of subsidiaries of the Company, including Great Trade, Jiu Yun Development, Beijing Green Project, Modern Green Industrial, Modern Green Development, Beijing Modern, Beijing Aoxinjiyuan Real Estate Development Co., Ltd., Beijing Green Power, Hunan Modern Green, Shanxi Modern Green Real Estate Development and Shanxi Modern Green Development.

Fan graduated from Renmin University of China in July 1998 with a graduation certificate in Accounting. In January 1999, Fan received a bachelor’s degree in Accounting from Renmin University of China. In June 2006, Fan graduated from Renmin University of China with a graduate equivalency course-completion certificate in Finance.

Before joining the Group in December 2000, Fan used to work for Beijing Huayuan Property Company, Beijing Fazheng Group, a large comprehensive enterprise including real estate business, and Beijing KFC Company Limited as an accountant, respectively.

Fan has 15 years of experience in the real estate business in China.

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