Prior to joining the Company, Mr. Cheng Li served as the General Manager of the Finance and Treasury Department and the General Manager of the Finance Services Center of PowerChina Real Estate Group Ltd. from August 2020 to September 2023. From May 2016 to August 2020, Mr. Li served as the General Manager of Headquarters Account Management Department of China Fortune Land Development Co., Ltd. From 2009 to 2016, Mr. Li served as the Director of Finance Management Center of Longfor Properties Co. Ltd. From 2005 to 2009, Mr. Li served as the Assistant Manager at KPMG Huazhen LLP. Mr. Li obtained a bachelor’s degree in Marketing and Sales from Tong Ji University in July 2005.

Mr. Ji Luo has previously served as an independent director of Xinyuan Property Management Service (Cayman) Ltd., a company listed on the Stock Exchange of Hong Kong (Stock Code:1895), from September 2019 to October 2022 and Beijing Aerospace Changfeng Co., Ltd., a company listed on the Shanghai Stock Exchange (stock code: 600855), from May 2010 to April 2016. Prior to joining the Company in December 2022, Mr. Luo was the executive manager and a partner at Beijing Hanheng Law Firm from September 2003 and March 2007, respectively. Mr. Luo obtained a bachelor’s degree in law from the China University of Political Science and Law, People's Republic of China ("PRC") in November 1999 and became a qualified lawyer of the Ministry of Justice of the PRC in April 2001.