XIAO Qing Ping, aged 75, is an executive Director and the special assistant to the chairman of the Board of Directors of the Company. Mr. Xiao is primarily responsible for assisting the chairman of the Board on the formulation of the Group’s overall strategy, investment decisions and related tasks. He was an officer of Jinjiang Bureau of Land Administration from 1997 to 1999. He has over 33 years of experience in administration management. He joined Xiamen Powerlong Group in October 2001 as vice president and head of administration. In November 2007, he resigned from his position in Xiamen Powerlong Group and joined the Group as an executive Director. He graduated from China Textile Political Distance Learning College in 1988, majoring in economic management.

SHIH Sze Ni Cecilia, aged 43, is an executive Director. Ms. Shih is involved in the strategic management of commercial operation of the Group. Ms. Shih graduated from Central Queensland University in Australia with a master’s degree in arts administration, and obtained an EMBA degree from the Cheung Kong Graduate School of Business in September 2014. She joined Xiamen Powerlong Hotel in January 2003 as a director. She then joined Xiamen Powerlong Group in 2005 as a director and the general manager of the finance department. In November 2007, she held the positions of an executive Director, the general manager of the supervision department and the cost control centre. She has been involved in the strategy management of the commercial group under the Group since April 2011. Ms. Shih Sze Ni Cecilia is the daughter-in-law of Mr. Hoi Kin Hong, an executive Director and chairman of the Board, the wife of Mr. Hoi Wa Fong, an executive Director, and the sister-in-law of Ms. Hoi Wa Fan, a non-executive Director.

ZHANG Hong Feng, aged 56, is an executive Director, and an executive vice president and the general manager of Jiangsu and Shanghai business division of the Company. Mr. Zhang is fully responsible for the operation and management of Jiangsu and Shanghai business division and its subsidiary real estate companies. Mr. Zhang was a department manager of Tianyu Real Estate Company (天宇房地產公司), an assistant to the general manager of Anbao Real Estate Development Company Limited (安寶房地產開發有限公司), a deputy general manager of the real estate centre of Xiamen Powerlong Group, an executive director of Suzhou Powerlong Real Estate Development Company Limited (蘇州寶龍房地產發展有限公司), an executive director of Suqian Powerlong Property Development Company Limited (宿遷寶龍置業發展有限公司), a general manager of Suqian Powerlong Commercial Property Management Company Limited (宿遷寶龍商業物業管理有限公司), a general manager of Tianjin Powerlong City Company, a regional deputy general manager of the southern region, a general manager of project management centre, a vice president and a general manager of companies in other provinces and regions of the Company, a vice president of the Company and a general manager of operation management centre of the Company. He was responsible for the operation platform and the person-in-charge of operation management centre, cost control centre and technology development centre of the Company. He obtained a bachelor’s degree in industrial electrical automation from Guangxi University in July 1989 and received an EMBA from Tongji University in December 2015. He joined the Company in December 2004 and was appointed as an executive Director on 14 October 2015.

HOI Wa Fan, aged 48, is a non-executive Director. Ms. Hoi is a director of Xiamen Powerlong Group. Since 2010, she has been managing director of Companhia de Construcao e Investmento Predialpou Long, Limitada (寶龍集團發展有限公司（澳門）) and is responsible for the overall management and business development of Companhia de Construcao e Investmento Predialpou Long, Limitada (寶龍集團發展有限公司（澳門）). Since 2020, Ms. Hoi has been executive director and Secretary General of Powerlong Foundation (寶龍公益基金會). Ms. Hoi is currently a non-executive director of Powerlong CM, the shares of which are listed on the Main Board of the Stock Exchange (HK stock code: 9909) and a subsidiary of the Company. Ms. Hoi is the daughter of Mr. Hoi Kin Hong, an executive Director and chairman of the Board, sister of Mr. Hoi Wa Fong, an executive Director, and sister-in-law of Ms. Shih Sze Ni Cecilia, an executive Director.

NGAI Wai Fung, aged 62, an independent non-executive Director. Mr. Ngai joined the Company as an independent non-executive Director in June 2008. Mr. Ngai is the chairman of the audit committee of the Company. He is currently the chief executive officer of SWCS Corporate Services Group (Hong Kong) Limited, a specialty company secretarial, corporate governance and compliance services provider to companies in pre-IPO and post-IPO stages. Prior to that, he was the director and head of listing services of an independent integrated corporate services provider. He has over 33 years of professional practice and senior management experience including acting as the executive director, chief financial officer and company secretary, most of which are in the areas of finance, accounting, internal control and risk management, regulatory compliance, corporate governance and secretarial work for listed issuers including major red chips companies. Mr. Ngai had led or participated in a number of significant corporate finance projects including listings, mergers and acquisitions as well as issuance of debt securities. He is a member of the General Committee and the Chairman of Membership Services of Sub-Committees of the Chamber of Hong Kong Listed Companies. He was the President of Hong Kong Institute of Chartered Secretaries (currently known as The Hong Kong Chartered Governance Institute (HKCGI)) (2014-2015), an unofficial member of the Working Group on Professional Services under the Economic Development Commission of Hong Kong Special Administrative Region (2013-2018), a member of the Qualification and Examinations Board of the Hong Kong Institute of Certified Public Accountants (2013-2018) and 1st Batch of Finance Expert Consultants of Ministry of Finance of the P.R.C. (2016-2021). Mr. Ngai is currently the independent non-executive director of Bosideng International Holdings Limited (Stock Code: 3998.HK) and China Energy Engineering Corporation Limited (Stock Code: 3996.HK), all of which are companies listed on the Hong Kong Stock Exchange and/or the Shanghai Stock Exchange. Mr. Ngai is also an independent director of SPI Energy Co., Ltd., which is now listed on Nasdaq. Mr. Ngai was the independent non-executive director of Yangtze Optical Fibre and Cable Joint Stock Limited Company (Stock Code: 6869.HK) from September 2014 to January 2020, Health and Happiness (H&H) International Holdings Limited (Stock Code: 1112.HK) from July 2010 to May 2020, SITC International Holdings Company Limited (Stock Code: 1308.HK) from September 2010 to October 2020, BBMG Corporation (Stock Code: 2009.HK) from November 2015 to May 2021, China Communications Construction Company Limited (Stock Code: 1800.HK) from November 2017 to February 2022, BaWang International (Group) Holding Limited (Stock Code: 1338.HK) from December 2008 to May 2022, TravelSky Technology Limited (Stock Code: 696.HK) from January 2016 to September 2022 and Beijing Capital Grand Limited (Stock Code: 1329.HK) from December 2013 to May 2023. He was an independent director of LDK Solar Co., Ltd. (listed on the OTC Pink Limited Information, Stock Code: LDKYQ) from July 2011 to April 2020.
Mr. Ngai is a fellow of the Association of Chartered Certified Accountants, a member of the Hong Kong Institute of Certified Public Accountants, a fellow of the Chartered Governance Institute (formerly known as the Institute of Chartered Secretaries and Administrators), a fellow of the HKCGI, a fellow of Hong Kong Institute of Directors, a member of the Hong Kong Securities and Investment Institute and a member of the Chartered Institute of Arbitrators. Mr. Ngai received a doctoral degree in Finance from Shanghai University of Finance and Economics, a master’s degree in Corporate Finance from the Hong Kong Polytechnic University, a bachelor honor degree in Laws from University of Wolverhampton in the United Kingdom and a master’s degree in Business Administration from Andrews University of Michigan in the United States.

MEI Jian Ping, aged 64, is an independent non-executive Director. Mr. Mei joined the Company as an independent non-executive Director in June 2008. Mr. Mei is the chairman of the remuneration committee and a member of the audit committee and nomination committee of the Company. Mr. Mei has been a professor of finance at Cheung Kong Graduate School of Business since 2006. He was an assistant professor from 1990 to 1995 at New York University, and an associate professor of finance at the same university from 1996 to 2005. From 2003 to 2008, he was a visiting professor at Tsinghua University. Mr. Mei has been a director of Cratings.com Inc. since 1999. He has published a number of books and articles on topics related to finance. Mr. Mei received a bachelor’s degree in mathematics from Fudan University in 1982, a master’s degree in economics and a doctorate in economics (finance) from Princeton University in 1988 and 1990, respectively. He was also appointed as an independent non-executive director of MIE Holdings Corporation (HK stock code: 1555) and China Rundong Auto Group Limited (HK stock code: 1365, retired from office already) in 2010 and 2014 respectively. He was appointed as an independent director of Cultural Investment Holdings Co., Ltd. (SH stock code: 600715, retired from office already) in 2016, an independent director of Dazzle Fashion Co Ltd (SH stock code: 603587, retired from office already) in 2018 and an independent director of Shanghai Shentong Metro Co., Ltd. (SH stock code: 600834, retired from office already) in 2020.

DING Zu Yu, aged 51, is an independent non-executive Director. Mr. Ding joined the Company as an independent non-executive Director in December 2014. Mr. Ding is a member of the audit committee, remuneration committee and nomination committee of the Company. He is currently an executive director of E-House (China) Enterprise Holdings Limited (HK Stock Code: 2048). In addition, he had also held various positions in China Real Estate Information Group Co., Ltd (中國房產信息集團) in the past including as a co-president and an executive director from September 2009 to April 2012. Mr. Ding is currently an independent non-executive director of Greentown Management Holdings Company Limited (HK Stock Code: 9979) and SCE Intelligent Commercial Management Holdings Limited (HK Stock Code: 606). He was an independent director of Sanxiang Co., Ltd (三湘股份有限公司) (SZ stock code: 000863) from January 2012 to May 2018. He is also currently assuming important positions in other professional associations and bodies within the PRC real estate industry. He serves as an executive principal (執行院長) of the E-House Research and Training Institute (易居研究院). He is also an executive committee member of the China Real Estate Association (中國房地產協會), an adviser on the real estate market for the China’s Ministry of Housing and Urban-Rural Development (國家住房和城鄉建設部) and a committee member of the Chinese People’s Political Consultative Conference of Shanghai (上海市政協委員). He was named as “Shanghai Outstanding Young Merchant” (上海傑出青年企業家) in 2012 and was named one of the “Top Ten Shanghai Young Merchants” (上海十大傑出青年企業家) for 2011 to 2012. He received his bachelor’s degree in real estate economics in 1998 and his Ph.D. in economics in 2013 from the East China Normal University.

LIU Xiao Lan, aged 58, is an independent non-executive Director. Ms. Liu joined the Company as an independent non-executive Director in March 2024. Ms. Liu is a member of the audit committee, remuneration committee and nomination committee of the Company. She is the founder and project director of Lanyu (Shanghai) Business Consulting Center (蘭毓（上海）商務諮詢中心) which is principally engaged in the provision of business consultation services to commercial real estate enterprises. Ms. Liu is concurrently an independent non-executive director of Excellence Commercial Property & Facilities Management Group Limited (stock code: 6989) and KWG Living Group Holdings Limited (stock code: 3913), both being companies listed on the Main Board of the Stock Exchange. From September 2013 to April 2020, Ms. Liu served as the chairman of the board of Shanghai Yizhen Investment Management Co., Ltd. ( 上海溢臻投資管理有限公司 ), where she was primarily responsible for its investment decisions and strategy formulation. From March 2012 to November 2012, Ms. Liu served as the general manager at Kunshan Stereo City Investment Management Co., Ltd. (昆山立體之城投資管理有限公司), where she was primarily responsible for project investment management. Ms. Liu served as an executive Director from July 2009 to April 2012 and as a non-executive Director from April 2012 to March 2014. From May 2005 to February 2012, Ms. Liu successively served as an assistant to the chief president, and vice general manager of the real estate management center and vice president of the Company, where she was primarily responsible for assisting the president with its daily operations, establishment of management systems of the project companies and the management of commercial property management business. From May 2002 to May 2005, she served as an assistant to the general manager and the head of the branch management center at Xiamen Powerlong Information Industry Development Co., Ltd. (廈門寶龍信息產業發展有限公司), where she was primarily responsible for assisting the general manager in the daily matters of the company and all its branches across China.
Ms. Liu has been serving as a mentor of the PMBA program of E-house & Wharton Case Study and Teaching Facility (易居沃頓案例研究與教育基地) since June 2015, an economic counselor of Chengdu Skyscraper Economics Promotion Association (成都市樓宇經濟促進會) since September 2019 and a special consultant of Tianfu Institute of Building Economy (樓宇經濟天府學院) since June 2019. Ms. Liu obtained her bachelor’s degree in clinical medicine from Fujian University of Traditional Chinese Medicine (福建中醫藥大學) (formerly known as Fujian Chinese Traditional Medical College (福建中醫學院)) in the PRC in July 1988. She completed the Executive Development Program (高級管理培訓) offered by Xiamen University (廈門大學) in the PRC in September 2009 and the China Advanced Management Program offered by Wharton School of University of Pennsylvania in the United States in October 2019.

HAI Di, aged 32, is a joint company secretary and the board secretary of the Company, responsible for company secretarial issues. Ms. Hai has approximately 10 years of experience in company secretarial issues. She served as the compliance supervisor in the office of the secretary of the board of directors of the Group from October 2014 to August 2018, and served as the manager of company secretarial team of Shui On Land Limited, a company listed on the Main Board of the Stock Exchange (HK stock code: 272）, from August 2018 to November 2020. Ms. Hai obtained a Master Degree in Laws from University of London and a Bachelor Degree in Laws from Xiamen University. She rejoined the Company in November 2020.

Leung Wai Yan is a joint company secretary of the Company. Ms. Leung is currently a manager of corporate services of Vistra Corporate Services (HK) Limited. She has over 16 years of experience in providing company secretarial services to numerous listed and private companies. Ms. Leung obtained a Bachelor of Business (Administrative Management) from University of South Australia. She has been an associate member of The Hong Kong Chartered Governance Institute and an associate member of The Chartered Governance Institute in the United Kingdom since 2009.