CHINA NEW CITY COMMERCIAL DEVELOPMENT LIMITED - Key Persons

Job Titles:

• Chairman of the Audit Committee
• Independent Non - Executive Director
• Member of the Corporate Governance Committee

Job Titles:

• Director
• Executive Director
• Vice President
• Executive Director and Vice President of Our Group

Mr. Liu Bo (劉波) has been appointed as the executive Director and vice president of the Company with effect from 3 April 2020. He is responsible for overall daily operations and management of the Group as well as ensuring the Board functions properly with good corporate governance practice. He joined the Group in July 2016. He has served as the vice president of the Group. Prior to joining the Group, he worked in the investment department of He Jun Capital from December 2012 to July 2013, and in the business development department of Wan Xiang Trust from August 2013 to June 2016. He has many years of experience in financial investment and fund management. Mr. Liu holds a Master's Degree in Actuarial Science from the Boston University in December 2012.

Job Titles:

• Independent Non - Executive Director
• Member of the Audit Committee
• Member of the Corporate Governance Committee
• Member of the Nomination Committee
• Member of the Remuneration Committee

Job Titles:

• Chairman
• Non - Executive Director
• Non - Executive Director and Chairman of Our Board

Job Titles:

• Chairman of the Corporate Governance Committee
• Chief Executive Officer
• Executive Director
• Member of the Nomination Committee
• Member of the Remuneration Committee
• Executive Director and Chief Executive Officer of Our Group
• Executive Director and Vice President of Our Group

Mr. Shi Nanlu (施南路) has been appointed as the executive Director and chief executive officer of the Company with effect from 3 April 2020. He is responsible for the daily operation and management, strategic investments and new business exploration of the Group. He joined Zhong An Group Limited ("Zhong An Group") in June 2010. He has served as the manager of the capital management department, manager of the fund management department and deputy director of the Zhong An Group. He has many years of experience in financial management. Mr. Shi has resigned from all of his management positions in the Zhong An Group prior to joining the Group. He has been a vice president of the Group since June 2015. Mr. Shi received his undergraduate degree in finance and accounting from The University of Manitoba in Canada in June 2007.

Job Titles:

• Chairman
• Executive Director
• Non - Executive Director

Job Titles:

• Executive Director
• Vice Chairperson
• Non - Executive Director and Vice Chairman of Our Board
• Non - Executive Director of the Company and Vice Chairperson of the Board

Mr. Tang Min (唐岷) has been appointed as the non-executive Director of the Company and vice chairperson of the Board with effect from 3 April 2020. He is responsible for the formulation of development strategies. He is a senior economist.

Job Titles:

• Chairman of the Nomination Committee
• Chairman of the Remuneration Committee
• Independent Non - Executive Director
• Member of the Audit Committee

Mr. Xu Chengfa (須成發) is the independent non-executive Director. He was appointed as an independent non-executive Director on 31 May 2014. Mr. Xu has over 20 years of experience in banking operations and management. He worked in the Bank of Communications Co., Ltd. (stock code: 3328), a company which shares are listed on the main board of the Stock Exchange and held various positions including senior manager of investment banking department, senior manager of corporate services department, assistant general manager, deputy general manager, deputy chief executive officer and consultant.

Job Titles:

• Company Secretary
• Executive Director

Job Titles:

• Vice President
• Vice President of the Group

Mr. Yu Gaofeng is the Vice President of the Group, in charge of investment development and operation management. Mr. Yu joined the Group in September 2019. Prior to joining the Group, he worked in Zhong An Group Limited from February 2004 to September 2019. He has been engaged in the real estate, marketing planning, general manager of the project company and the director of the president's office. He has many years of experience in real estate development. Mr. Yu obtained a bachelor degree in civil engineering (engineering management) from Zhejiang University in February 2009.

Job Titles:

• Executive Director
• Independent Non - Executive Director
• Non - Executive Director

Mr. Zhang Chunsheng (張春生) has been appointed as the non-executive Director of the Company with effect from 28 September 2022. He is primarily responsible for industry research and development. Mr. Zhang studied politics at the Hanshan Normal University from September 1986 to June 1989 and graduated with a college degree. Subsequently, from September 1990 to June 1992, he studied at the theory department of the Guangdong Institute of Public Administration and graduated with a bachelor's degree. Mr. Zhang worked in the People's Government of Puning City, Guangdong Province from July 1989 to June 1992. From June 1992 to April 2005, he worked at the Guangdong Youth Federation*（廣東省青年聯合會）, serving successively in various positions including section chief, deputy director, director and vice-chairman. From April 2005 to June 2009, he served as the deputy head of the Youth Affairs Department*（青年工作部） of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region. Subsequently, he served as the deputy director of the Ethnic and Religious Affairs Commission of Guangdong Province of the People's Government of Guangdong Province from July 2009 to November 2010. Having relocated to Hong Kong in November 2010, he served as an executive director and chief executive officer of Tianjin TEDA Biomedical Engineering Company Limited, a company listed on GEM of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") (stock code: 8189) from 8 August 2011 to 3 July 2013.