Mr. Hu, aged 51, was appointed as an Executive Director on 18 October 2021 and a vice president on 30 December 2021. Mr. Hu studied in the economic management department of Jiangnan University from 1991 to 1994 and studied business administration at the School of Economics and Management in Northwest University from 2003 to 2006 and obtained a master’s degree in business administration in 2006. Mr. Hu joined Xitong International as the general manager from October 2021. Xitong International is a substantial shareholder of the Company. Before joining Xitong International, Mr. Hu served as the manager of the Investment Department and Asset Management Department of Guolian Securities Co., Ltd. from July 1994 to September 2003; the general manager and Chairman of Wuxi Guolian Equity Exchange Co., Ltd. (無錫市國聯產權交易所有限公司) from September 2004 to February 2010; the Party Branch Secretary from February 2010 to June 2018; Chairman of Wuxi Equity Registration and Trusteeship Center Co., Ltd. (無錫市股權登記託管中心有限公司) from September 2007 to June 2018; the secretary to the board of Wuxi Guolian Development (Group) Co., Ltd. from August 2008 to December 2013; the chairman of Wuxi Public Resources Trading Service Center Co., Ltd. (無錫市公共資源交易服務中心有限公司) from January 2012 to June 2018; the general manager, the chairman and Party Branch Secretary of Wuxi Financial Asset Trading Center Co., Ltd. (無錫金融資產交易中心有限公司) from January 2014 to January 2021; and the chairman and the Party Branch Secretary of Wuxi Smart City Construction and Development Co., Ltd. from January to October 2021. Mr. Hu has extensive experience in investment management.

Ms. Yang, aged 40, was appointed as an Executive Director on 28 March 2014. Ms. Yang graduated from Peking University with a master’s degree in finance. Ms. Yang joined CDBC in December 2009, where she was responsible for urban development related investment and served as the manager, senior manager and assistant to general manager of the Direct Investment Division III of CDBC, respectively, and the vice general manager of the Management Department of a subsidiary from April 2015 to August 2016. Prior to joining CDBC, Ms. Yang worked as an investment manager at China Reits Investment, where she was involved in various fund raising and land development projects. Ms. Yang is a vice president of the Company and is responsible for equity investment in new economy industry. Ms. Yang is also the directors of several subsidiaries of the Company, such as Weblink International Limited, Meeko Investment Limited and Protex Investment Limited.

Mr.Shi, aged 39, graduated from the University of Southern California and obtained a bachelor’s degree in accounting in May 2007, joined the Group in December 2007 and was an Executive Director from 12 December 2007 to 28 March 2014. Mr. Shi was appointed as an Executive Director on 12 August 2016 and is responsible for strategic cooperation of the Group. He was an executive director of SRE (stock code: 1207) from 17 July 2015 to 12 July 2018.

Mr. Liu Fangqing, aged 41, was appointed as an Executive Director on 23 December 2022. Mr. Liu graduated from Dongnan University with a bachelor’s degree in machinery design and automation education and obtained a master’s degree in business administration. Mr. Liu has extensive experience in corporate management. From September 2022 to December 2022, Mr. Liu served as the senior of the executive office of Wuxi Communications, a substantial shareholder of the Company; and from April 2018 to September 2022, he served as the deputy general manager and deputy Party Branch Secretary of Dornier Seawings Co., Ltd. (道尼爾海翼有限公司), the chairman and the Party Branch Secretary of Dornier Seawings Co., Ltd. (道尼爾海翼有限公司), the Party Secretary and Chairman of the Board of Ruili Airlines Co., Ltd., and the director of the aviation business department of Wuxi Communications. From 2004 to 2018, he served as the production engineer of Infineon Technologies (Suzhou) Limited (英飛淩科技 (蘇州) 有限公司), the production manager of Vesuvius Advanced Ceramics (Suzhou) Co. Ltd., the league secretary of Wuxi Industry Assets Management Co., Ltd., the league secretary of Wuxi Properties Development Group Limited, and the deputy general manager of Wuxi Hongqi Shipyard Co., Ltd.

Mr. Liu, aged 58, was appointed as a Non-executive Director and the chairman of the Board (the “Chairman”) on 18 October 2021. He successively obtained a bachelor’s degree and a master’s degree in engineering machinery from Shanghai Jiaotong University in 1986 and in 1990. Mr. Liu has been serving as a Secretary of the Party Committee and Chairman of the Board of Directors of Wuxi Communications Industry Group Co., Ltd. (無錫市交通產業集團有限公司) (“Wuxi Communications”), the holding company of Xitong International Holdings (HK) Limited (“Xitong International”) since December 2015. Xitong International is a substantial shareholder of the Company. Mr. Liu worked as an assistant engineer at Nanjing Hoisting Machinery Plant (南京起重機械總廠) from July 1986 to September 1988; a staff member in the Port Research Office of Wuxi Port Affairs Office from July 1990 to July 1993; a deputy manager of Wuxi Port Engineering Company (無錫市港口工程公司) from July 1993 to May 1995; the deputy chief of the Engineering Section, Wuxi Transportation Bureau from May 1995 to December 1995; deputy general manager of Wuxi Top Absorber Company Limited (無錫拓普減震器有限公司) from December 1995 to December 2001; a member of the Party Committee and Deputy General Manager of Wuxi Transportation Asset Management Co., Ltd. from December 2001 to July 2003; and a member of the Party Committee and deputy general manager of Wuxi Communications from July 2003 to June 2005; a member of the Party Committee and general manager of Wuxi Communications from June 2005 to March 2007. He also served as the director of Wuxi Hongqi Boatyard Co., Ltd. from February 2004 to September 2006; the Party Secretary and Chairman of Wuxi Industry Assets Management Co., Ltd. (無錫產業資產經營有限公司) from March 2007 to March 2008; and the President and Deputy Secretary of the Party Committee of Wuxi Industry Development Group Co., Ltd. from March 2008 to December 2015. Mr. Liu has extensive work experience in industrial management and operation.

Mr. Li, aged 72, was appointed as a Non-executive Director on 11 January 2007 and has been the Executive Vice Chairman of our Company since 1 April 2007. Mr. Li was previously appointed as Co-Vice Chairman on 1 December 2008 and has subsequently been re-designated as Chief Executive Officer and Co-Vice Chairman since 7 January 2010 and as Chief Executive Officer and Co-Chairman on 1 July 2011. Mr. Li was re-designated as a Non-executive Director and the Vice Chairman of the Board on 28 March 2014. From 1992 to 1993, he was attached to Shanghai Golden World Commercial Building Co., Ltd. as a General Manager, responsible for the overall management and development of commercial property. He has over 20 years of experience in business management and the property development industry, including over 12 years’ experience in new town development in the PRC. Mr. Li is also a founder of SRE Group Limited (“SRE”, stock code: 1207), and was reappointed as the co-chairman and executive director of SRE on 29 August 2013, and resigned on 5 February 2015. Mr. Li will be responsible for the duties in the absence of the chairman of the Board and the execution of the Group’s business strategies and plans.

Mr. Wang, aged 50, was appointed as a Non-executive Director on 18 October 2021. Mr. Wang graduated in
international credit and investment major from the Department of Finance of Capital University of Economics and Business in July 1995, and thereafter obtained a master’s degree in economics, majoring in finance from the School of Finance of Renmin University of China in January 2014. He is currently the general manager of the Investment Department II of CDB Capital. Mr. Wang joined CDB in December 1998. CDB is the holding company of CDB Capital. Before joining CDB, Mr. Wang served as a cadre of China Investment Bank from July 1995 to December 1998. From December 1998 to September 2009, he served successively as a cadre of the Fourth Division of the North China Credit Bureau of CDB, a deputy officer and section-level member of the Debt Management Division of the Asset Restructuring and Preservation Bureau, a section-level member of the
Comprehensive Division of the North China Credit Bureau, a section-level member of No. 3 Audit Divisions of each of the No. 2 Audit Appraisal Bureau and No. 1 Audit Appraisal Bureau, deputy director of the Industrial Integration and Innovation Division of the Investment Business Bureau, a deputy director of the Industrial Integration and Innovation Division I of the Investment Business Bureau, and a deputy director of the Investment Division II of the Market and Investment Bureau. From December 2009 to December 2018, Mr. Wang successively served as a deputy director-level cadre of the risk management department, a deputy general manager of the risk management department, and a deputy general manager of Equity Division I of CDB Capital. He was responsible from presiding over the work of the Equity Division I from July to November 2011, and was later promoted to the general manager of the Equity Division I. From December 2018 to November 2020, Mr. Wang served as the general manager of the Equity Division II of CDB Capital. He has
been the general manager of the Investment Division II since November 2020. Mr. Wang has extensive experience in investment management.

Mr. Feng Xiaoliang, aged 43, was appointed as a Non-executive Director on 31 March 2023. He graduated from Russian Language College of Beijing Foreign Studies University (北京外國語大學俄語學院) with a bachelor’s degree in Russian Language and Literature and obtained a master’s degree in Finance from School of Economics of Peking University. Mr. Feng has extensive work experience in area of financial investment and risk management. Mr. Feng currently serves as the general manager of the risk and legal compliance department of CDB Capital, a substantial shareholder of the Company; and from September 2009 to December 2021, he served as the general manager of financial fund management department of CDB Capital. From April 2007 to August 2009, he worked at the fund department, science and technology department and investment business department of the investment business bureau of CDB. From July 2005 to March 2007, he also worked at the client office of Shanxi Branch of CDB.

Mr. Feng was (i) a director of Guangzhou Kingmed Diagnostics Group Co., Ltd. (stock code:603882) from 13 June 2018 to 27 October 2020; (ii) a director of Hillstone Network Communications Technology Co., Ltd. (山石網科通信技術股份有限公司) (stock code: 688030)from 23 December 2018 to 23 December 2021, both companies are listed on the Shanghai Stock Exchange; and (iii) a non-executive director of New Century Healthcare Holding Co. Limited (a company listed on the Stock Exchange, stock code: 1518) from 21 November 2018 to 31 December 2020.

Mr. Henry, aged 58, was appointed to our Board on 25 September 2007. He is the Lead Independent Nonexecutive Director and the Chairman of the audit committee of the Board (the “Audit Committee”)
and a member of each of the nomination and remuneration committees of the Board (the “Nomination Committee” and the “Remuneration Committee”, respectively). He is the Group Chief Executive Officer of Nexia TS Public Accounting Corporation and Nexia TS Pte Ltd. He was the past Asia Pacific Regional Chairman and board member of Nexia International. He holds directorship for several companies. He is a director of BH Global Corporation Limited, Asia Vets Holdings Ltd, Dyna-Mac Holdings Ltd, Penguin International Limited and Trans-China Automotive Holdings Limited (these companies are listed on Singapore Stock Exchange). He is the Chairman of the Nanyang Business School (NBS) Dean’s Alumni Advisory Board of NTU. Previously, he was a director of Raffles Education Corporation Limited, Ascendas Fund Management (S) Limited (Manager of Ascendas Real Estate Investment Trust), Yinda Infocomm Limited and YHI International Limited. Mr. Tan graduated with a First Class Honours Degree in Accountancy from the National University of Singapore. He is a Fellow of the Institute of Singapore Chartered Accountants, Institute of Chartered Accountants of Australia and New Zealand, CPA Australia and Insolvency Practitioners Association of Singapore Ltd and Singapore Institute of Directors and a member of Institute of Internal Auditors, Inc (Singapore Chapter) and Singapore Institute of Accredited Tax Professional Limited. Mr. Tan was Treasurer and exco member of Singapore Fintech Association and is a current council member of Institute of Singapore Chartered Accountants.

Mr. Kong, aged 76, was appointed as an Independent Non-executive Director on 30 November 2006. He is
also the Chairman of the Remuneration Committee and a member of the Nomination Committee. Mr. Kong obtained a bachelor’s degree in arts from the University of Hong Kong in November 1969 and a master degree in business administration from the Chinese University of Hong Kong in December 1980. He is an associate of The Chartered Institute of Bankers in the United Kingdom. Mr. Kong began his career in 1969 with Standard Chartered Bank, where he served in various managerial positions for 24 years. In 1993, he pursued his new business interest in the telecommunications sector and was a director of Champion Technology Holdings Limited from 1993 to 1994 and a director of Kantone U.K. Ltd. from 1994 to 1996. Between 1999 and 2005, he served as a director, Executive Vice President and Alternate Chief Executive Officer of CITIC Ka Wah Bank Limited (renamed as CITIC Bank International Limited in May 2010), and was also a director and the Managing Director of CITIC International Financial Holdings Limited from 2002 to 2005
and was an independent non-executive director of Harbin Bank Co., Ltd. (stock code: 6138) from October 2013 to October 2019. Mr. Kong has been appointed as an independent non-executive director of Chinney Kin Wing Holdings Limited (stock code: 1556) since 20 October 2015.

Mr. Lo, aged 63, was appointed as an Independent Non-executive Director and the chairman and a member of the Nomination Committee and a member of each of the Audit Committee and Remuneration Committee on 30 December 2021. He obtained a bachelor’s degree in Commerce from James Cook University of North Queensland, Australia in 1985. Mr. Lo is an associate member of Chartered Accountants in Australia and New Zealand and a fellow member of Hong Kong Institute of Certified Public Accountants. Mr. Lo has over 25 years of experience in auditing, finance and management.

Mr. Lo is an independent non-executive director of Talent Property Group Limited (stock code:760), Shandong Weigao Group Medical Polymer Company Limited (stock code: 1066), C Cheng Holdings Limited (stock code: 1486), Tibet Water Resources Ltd. (stock code: 1115), and is a nonexecutive director of SY Holdings Group Limited (formerly known as Sheng Ye Capital Limited) (stock code: 6069) since 10 December 2021. Mr. Lo was an independent non-executive director of Lerthai Group Limited (formerly known as LT Commercial Real Estate Limited) (stock code: 112) during March 2017 to November 2018. All the aforementioned companies are listed on the Main Board of the Stock Exchange. Mr. Lo was also an independent director of China Merchant Property Development Co. Ltd.* since 2011 and the shares of which were ceased from listing on the
Shenzhen Stock Exchange on 30 December 2015.

Mr. Zhang, aged 63, was appointed as an Independent Non-executive Director and a member of the Audit
Committee on 13 February 2012. Mr. Zhang is currently the vice director and part-time professor of the Yangtze River Basin Development Institute of the East China Normal University. He graduated from the Department of Economics of the Nanjing University in August 1990 and then obtained a master degree in business administration from the Shanghai Jiao Tong University in March 2005. Mr. Zhang had previously served in various departments of the provincial government of the People’s Republic of China for over 29 years. From August 1981 to August 1996, he worked first as the senior staff member in the Planning Commission of Chongming County and then as the superintendent of the Seawall Project Management of Chongming County. From August 1996 to December 2010, Mr. Zhang held various positions including as a
senior staff member of the Cooperation Office of the Shanghai Municipal Government and a cadre of the department of district and county economy of the Shanghai Municipal Development Planning Commission.

Mr. Wang, aged 49, was appointed as the chief financial officer on 30 December 2021. He graduated from Lanzhou Jiaotong University with a bachelor’s degree in 1995. He obtained a master’s degree in investment economics from School of Economics and Management at Northwestern University* (西北大學) in 2000 and a doctor’s degree in national economics from Graduate School of Chinese Academy of Social Sciences in 2007, respectively. Mr. Wang is the representative of A-share sponsor. He has over 15 years of experience in law and finance of listed companies. From 2017 to 2019, Mr. Wang served as the standing vice president of Yanchuang Capital Group which mainly engages in business including venture capital fund, property fund and securities investment fund. In his term of office, Mr. Wang was mainly responsible for the establishment and launch of private equity investment fund, investment in new energy, bio-medicine, advanced manufacturing and other fields, as well as the whole-process management of investment business. From 2002 to 2017, Mr. Wang worked in Guolian Securities and its subsidiary Hua Ying Securities, and served as a senior project manager of Guolian Securities, deputy general manager of the investment banking department at Guolian Securities, and the managing director of the investment banking department at Hua Ying Securities, participating in several IPO projects, refinancing projects and merger and acquisition projects. Mr. Wang served as a project manager of the investment banking department at Beijing Securities from 2000 to 2002, and worked in Gansu Province Electric Power Investment Group Co., Ltd. from 1995 to 1997.

Mr. Wang, aged 42, was appointed as a vice president of the Company on 31 March 2023. He graduated from Loughborough University in the United Kingdom with a master’s degree in construction management in December 2004. Mr. Wang has extensive working experience in the fields of real estate investment, equity investment and fund investment, and is qualified to practice in private equity funds. Currently, Mr. Wang is mainly responsible for the Group’s equity and fund investment and business in the fields of retirement and healthcare, and is responsible for the management of several subsidiaries of the Company, whilst serving as chairman/executive director of Beijing Guowan Real Estate Co., Ltd., Shenyang Lixiang New Town Modern Agriculture Company Limited* (瀋陽李相新城現代農業有限公司), and as director of various subsidiaries of the
Company.

Mr. Wang joined the Group in April 2014 and currently serves as chief investment officer of the Group. He joined CDB Capital in May 2010 and served, successively, as manager and senior manager of its Direct Investment Division III. Prior to joining CDB Capital, he held the position of valuer in Cushman & Wakefield’s evaluation and advisory department from 2005 to 2010.

Mr. Chen Jinqian，aged 44, was appointed as a vice president of the Company on 31 March 2023. He graduated from Peking University majoring in international economics with a bachelor’s degree in economics
in 2002, and obtained a master’s degree in Executive MBA from Tsinghua University in 2008 and doctoral degree in management from Peking University in 2019. Mr. Chen has extensive working experience in credit management, human resource management, financial investment, and holds professional qualifications of private fund and securities practitioners and the title of senior economist. Currently, Mr. Chen is mainly responsible for the business and work of investment, fund and human resources management of the Company.

Mr. Chen joined the Group in August 2017 and has since then been serving as general manager of CDBC New Town (Beijing) Investment Fund Management Company Limited (currently known as Kaihe (Beijing) Private Equity Fund Management Company Limited). He held the successive positions of human resources director and investment director in TUS-Financial Group Limited* (啟迪金控投資有限公司) from April 2016 to August 2017. He worked in the credit management bureau, human resources bureau and Beijing Branch of CDB from July 2002 to April 2016 and served as a deputy director of Cadres Division of human resources department of the head office and a director of the human resources bureau of the Beijing Branch of CDB.