Central China Real Estate (HKG:0832) announced that Wang Tianye has resigned as an executive director, the CEO and one of the authorised representatives of the company with effect from 26 June 2012 as he needs more time to deal with his personal matters.

Chen Jianye has been appointed as the CEO of the company with effect from 26 June 2012. The appointment has no specified term. He has been the chief operating officer of the company since 27 December 2011.

Yan Yingchun, an executive director, has been appointed as an authorised representative of the company to replace Wang with effect from 26 June 2012.