Biography of Directors

CHAIRMAN

Mr. Lei Hong Wai was appointed as an executive director of the Company and the Chairman of the Board on 26 June 2015 and 31 March 2016, respectively. Mr. Lei is responsible for the business strategy and direction of the Company and provides leadership for the Board and ensure proper and effective functioning of the Board. He has over 14 years of extensive experience in corporate management, investment and business development. He was a director of The Chamber of Hong Kong Listed Companies Limited, which promotes interaction amongst its members which are listed companies in Hong Kong and the People’s Republic of China, in 2002. Mr. Lei is also a director of Twin Success International Limited, a substantial shareholder of the Company within the meaning of Part XV of the Securities and Futures Ordinance. Mr. Lei is currently the chairman and an executive director of Eternity Investment Limited (“Eternity”) (a company listed on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) (stock code: 764)) and Haier Healthwise Holdings Limited (stock code: 348) (“Haier”). Mr. Lei was the chairman of the board of directors and an executive director of Huanxi Media Group Limited (a company listed on the Stock Exchange (stock code: 1003) and formerly known as 21 Holdings Limited) during the period from 10 April 2014 to 2 September 2015.

EXECUTIVE DIRECTORS

Ms. Cheng Ka Man, Carman has been an Executive Director of the Company since September 2013. She is responsible for the overall management of the Group. She obtained a Master of Philosophy degree in Real Estate Finance from University of Cambridge in 2012, a Master of Science degree in Management from Imperial College London in 2011 and a Bachelor of Science degree in Financial and Business Economics from University of London in 2010. Prior to joining the Group, Ms. Cheng had worked in a leading Asian investment firm. She is a daughter of Mr. Cheng Chung Hing, a substantial shareholder of the Company within the meaning of Part XV of the Securities and Futures Ordinance.

Mr. Cheung Kwok Wai, Elton was appointed as an executive director of the Company on 26 June 2015. Mr. Cheung is responsible for the overall implementation of the Company’s strategies and the co-ordination of overall business operations. He has over 26 years of experience in the area of corporate finance and securities industries. He holds a Master Degree in Accounting and Finance from the University of Lancaster in the United Kingdom. Mr. Cheung is also a director of Twin Success International Limited, a substantial shareholder of the Company within the meaning of Part XV of the Securities and Futures Ordinance. Mr. Cheung is currently an executive director of Eternity and Haier.

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 a member of the CPA Australia. He has more than 16 years of experience in auditing, accounting and corporate management. Mr. Leung is responsible for corporate finance, mergers and acquisition matters, financial and accounting management, corporate governance, as well as compliance affairs of the Group. He was responsible for the formulation, planning and execution of the Group’s restructuring and the spin-off and separate listing of Man Sang Jewellery Holdings Limited. Mr. Leung has been appointed as an executive director of Man Sang Jewellery Holdings Limited (a company listed on the Stock Exchange (stock code: 1466) on 11 April 2016.

Mr. Yuan Huixia has been an Executive Director of the Company since August 2016. He has been admitted as a practicing solicitor in the People’s Republic of China and has over 14 years of extensive experience in corporate management, investment, legal affairs and business development. He is also a general manager of a wholly-owned subsidiary of the Company. He holds a Master Degree in Law and a Bachelor Degree in Law from the Southwest University of Political Science and Law in the People’s Republic of China.

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 27 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. He is currently the chief financial officer and the company secretary of a company listed on the Main Board of the Stock Exchange. Mr. Wong is currently an independent non-executive director of Huanxi Media Group Limited, a company listed on the Main Board of the Stock Exchange (Stock code: 1003), Eternity and Haier.