Biography of Directors

CHAIRMAN

Mr. Hu Xingrong was appointed as the Chairman of the Board and an Executive Director of the Company on 2 May 2018. Mr. Hu is responsible for the corporate management, business strategy and direction of the Group, provides leadership for the Board and ensure proper and effective function of the Board. He has over 15 years of experience in corporate management, investment and business development in different industries, including but not limited to properties development in the PRC. During his 15 years of experience in corporate management, investment and business development, he has been involved in different property development projects, including but not limited to the development of a residential and commercial complex building in Sichuan Province, the PRC, and development of residential properties in Zhejiang Province, the PRC. He is also the chairman of the board of directors of Doof International Holding Group Limited (‘‘Doof Group’’), a company established in the PRC, which is also involved in the business of the properties development in the PRC. Mr. Hu serves as a committee member of the 12th Chinese People’s Political Consultative Conference of Xinjiang Uygur Autonomous Region and Hainan Foundation for Justice and Courage and he is also the Honorary President of Wenzhou Economic and Technological Development Zone Chamber of Commerce , Wenzhou Economic and Technological Development Zone Industrial Economic Federation , Wenzhou Economic and Technological Development Zone Entrepreneur Association , Wenzhou Enterprises Chamber of Commerce in Beijing , Hong Kong Wenzhou Entrepreneurs Association Limited, Zhejiang Merchants Association of Chongqing and Chongqing General Chamber of Commerce Zhejiang Branch.

EXECUTIVE DIRECTORS

Ms. Cheng Ka Ki has been an Executive Director of the Company since May 2017. She obtained a Master of Science degree in Corporate Governance and Directorship from Hong Kong Baptist University and a Bachelor of Science degree in Financial and Business Economics from University of London. Ms. Cheng had worked in two international accounting firms and is currently working in a company listed in Hong Kong.

Mr. Huang Xiaohai was appointed as an Executive Director of the Company on 2 May 2018. Mr. Huang is responsible for the overall implementation of the Company’s strategies and the co-ordination of overall business operations. He has over 29 years of extensive experience in banking and financial sectors. He graduated from China University of Petroleum (Beijing). Mr. Huang is currently working as a vice president in Doof Group.

Mr. Leung Alex has been an Executive Director of the Company since October 2014. He joined the Group in February 2012 as the Chief Financial Officer and was appointed as the Company Secretary of the Group in March 2012. He obtained his Bachelor of Commerce degree from the University of Auckland, New Zealand in May 2000. Before joining the Group, Mr. Leung had worked in two international accounting firms from December 2000 to February 2012. He is a fellow member of the Hong Kong Institute of Certified Public Accountants and the CPA Australia. He has more than 18 years of experience in auditing, accounting and corporate management. Mr. Leung is responsible for corporate finance, mergers and acquisition matters and corporate governance of the Group.

Mr. Yuan Huixia has been an Executive Director of the Company since August 2016. He has been admitted as a practicing solicitor in the PRC and has over 15 years of extensive experience in corporate management, investment, legal affairs and business development. He holds a Master Degree in Law and a Bachelor Degree in Law from the Southwest University of Political Science and Law in the PRC.

INDEPENDENT NON-EXECUTIVE DIRECTORS

Mr. Lai Hok Lim has been an Independent Non-Executive Director of the Company since December 2016. Mr. Lai has been a practising solicitor in Hong Kong since 1989. He graduated from the University of Hong Kong with a Bachelor of Arts Degree and holds a Bachelor of Arts (Law) Degree from the University of Sussex in the United Kingdom and a Bachelor of Law Degree from Beijing University in the PRC. Mr. Lai is currently an independent non-executive director of Haier.

Mr. Lei Seng Fat has been an Independent Non-Executive Director of the Company since July 2016. Mr. Lei has 28 years of management experience in Macau banking industry. Prior to his retirement in 2014, he was a consultant in Cash Management Department of Industrial and Commercial Bank of China (Macau) Limited. He is currently the general manager of a private company in Macau, which is engaged in trading of furniture.

Mr. Wong Tak Chuen has been an Independent Non-Executive Director of the Company since July 2016. Mr. Wong is a fellow member of both Hong Kong Institute of Certified Public Accountants and Association of Chartered Certified Accountants in the United Kingdom, as well as a member of the Institute of Chartered Accountants in England and Wales. He has over 20 years of experience in auditing, financial management, mergers and acquisitions gained from certain senior finance related positions in an international accounting firm in Hong Kong, companies listed in Hong Kong and a company listed in the United States of America.