Opinion Real Estate Network News:On November 25, Aoyuan Health living Group Co., Ltd. announced that Tao Yu resigned because of other work commitments and will no longer serve as the company's executive director, effective from the date of the announcement. After resigning as executive director, Tao Yu was transferred to vice president of Aoyuan Health Group.

Point of view real estate new media learned that after Tao Yu resigned, Zheng Shaohui has been appointed as the Executive Director of Olympic Park Health, effective from the same day, and is responsible for overseeing the group's corporate financing, capital operation management and business acquisition strategy development and management.

According to the data, Zheng Shaohui, 48, received a bachelor's degree in accounting and economics from Curtin University in Australia in 2009. Rich working experience in financial management, corporate financing, capital markets and investor relations. From April 2020 to November 2020, Zheng Shaohui served as Vice President and Chief Financial Officer of Olympian Health Group, responsible for group finance, capital management, corporate financing, capital market operation and investor relations.

It is also learned that on November 4, China Olympic Garden and Olympic Garden Health issued a joint announcement in response to a number of media reports that Olympic Garden Health may sell its property management services business.

According to the announcement, the board of directors of China Olympic Garden and Olympic Park Health hereby inform the shareholders and potential investors of these companies that Aoyuan Health is having preliminary discussions with a number of independent third parties on the possible sale of the interests (possible transactions) of certain subsidiaries providing property management and other related services.