On June 28th, GeLongHui reported that Mr. Li Zhichao, the chairman of Costar Group (002189.SZ), had submitted a written resignation report to the company's board of directors due to his age reaching the upper limit of his tenure, applying to resign from the positions of chairman of the board, chairman of the board's Strategy and Investment Committee, and chairman of the Special Equipment Committee. Mr. Xu Bin, a director of the board, has submitted a written resignation report to the company's board of directors due to job changes, applying to resign from the position of member of the board of directors, member of the Audit and Risk Management Committee.

In view of the fact that the election of the new chairman still needs to go through the corresponding legal procedures, in order to ensure the normal operation of the company's board of directors and the smooth implementation of business decisions, according to the relevant provisions of the company's articles of association, all the company's directors jointly recommended Mr. Wei Quanqiu, the company's director and general manager, to perform the duties of the chairman of the board of directors, chairman of the board's Strategy and Investment Committee, and chairman of the Special Equipment Committee on behalf of the company, and the term of office shall be from the date of recommendation to the day when a new chairman of the board is elected by the board of directors.