Biography of Directors

Chairman

Mr. Hu Xingrong, aged 45, was appointed as the chairman of the board (the “Board”) of directors of the Company and an executive Director of the Company on 2 May 2018. He is also the chairman of the nomination committee and a member of the remuneration committee of the Company. Mr. Hu 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 22 years of experience in corporate management, investment and business development. He is currently the chairman of the board of directors of Doof International Holding Group Limited* (多弗國際控股集團有限公司) (“Doof Group”), a company established in China and is a large-scale comprehensive privately-owned enterprise group. Mr. Hu is also a beneficial owner of China DaDi Group Limited, a substantial shareholder of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Meanwhile, Mr. Hu serves as the President of Wenzhou Enterprises Chamber of Commerce in Beijing* (北京溫州企業商會), the Honorary President of Hong Kong Wenzhou Entrepreneurs Association Limited and a committee member of the Chinese People’s Political Consultative Conference of Xinjiang Uygur Autonomous Region.

Excutive Directors

Mr. Li Zhenyu, aged 51, was appointed as an executive Director of the Company on 5 November 2018. Mr. Li graduated from Tsinghua University with a Doctor of Philosophy in Chemical Engineering. Mr. Li has over 22 years of extensive experience in natural resources sector and before joining the Company, he had been working in China National Petroleum Corporation from 1999 to 2017 and the position last held was the strategy research supervisor of the petrochemical institute. Mr. Li is currently a vice president of Doof Group.

Ms. Cong Wenlin, aged 37, was appointed as an executive Director of the Company on 10 June 2025. She is also a member of each of the remuneration committee and the nomination committee of the Company. Ms. Cong obtained her bachelor’s degree in Law from Liaoning University and a master’s degree in Business Administration from Central University of Finance and Economics. Ms. Cong has over 15 years of experience in corporate management, investment banking and corporate finance. She served as the secretary of the board of directors of Rays Data Technology Group Co., Ltd., a director of the investment banking division of China Great Wall Securities Co., Ltd., a vice president of the corporate finance division of CITIC Securities Co., Ltd., and a senior manager of the institutional business division of GF Securities Co., Ltd in the PRC. Ms. Cong is currently an assistant to the chairman of Doof International Holding Group Company Limited, a company controlled by Mr. Hu Xingrong (the chairman and controlling shareholder of the Company). She is also a director of Faithful Goal International Limited (“Faithful Goal”), an indirect wholly-owned subsidiary of the Company, since 29 May 2024.

Independent Non-Executive Directors

Ms. Pau Yee Ling, aged 46, was appointed as an independent non-executive Director of the Company on 5 November 2018. She is also the chairlady of the remuneration committee of the Company and a member of each of the audit committee and nomination committee of the Company. Ms. Pau holds a Bachelor degree of Business Administration in Accounting in the Hong Kong University of Science and Technology and a Master degree of Science in China Business Studies in the Hong Kong Polytechnic University. Ms. Pau has over 20 years of experience in several multinational corporations and international accounting firms, an expertise in Hong Kong, the PRC and overseas tax advisory, group restructuring, merger and acquisitions. Ms. Pau is currently a fellow member of the Hong Kong Institute of Certified Public Accountants (the “HKICPA”), Association of Chartered Certified Accountants and the Taxation Institute of Hong Kong. Ms. Pau is also a Chartered Tax Advisor. Ms. Pau is currently an independent non-executive Director of A & S Group (Holdings) Limited (stock code: 1737), a company listed on the Stock Exchange of Hong Kong Limited (“Stock Exchange”).

Mr. Wong Kwan Kit, aged 53, was appointed as an independent non-executive Director of the Company on 5 November 2018. He is also the chairman of the audit committee of the Company and a member of each of the remuneration committee and nomination committee of the Company. Mr. Wong holds a Master of Business Administration Degree from the Chinese University of Hong Kong. Mr. Wong has over 19 years of experience in accounting and financial management, mergers and acquisitions gained from certain senior finance related positions including companies listed in Hong Kong. He is a fellow member of the HKICPA. Mr. Wong is currently an independent non-executive Director of Culturecom Holdings Limited (Stock code: 343) and Sprocomm Intelligence Limited (Stock code: 1401), both of these companies are listed on the Stock Exchange.

Ms. Zhou Hong, aged 55, was appointed as an independent non-executive Director of the Company on 9 April 2025. She is also a member of each of the audit committee, remuneration committee and nomination committee of the Company, Ms Zhou graduated from Tianjin Normal University in the PRC with a bachelor’s degree in law and a master’s degree in development and education psychology. She also obtained a master’s degree in international commerce from Griffith University and a doctor degree in business administration from the University of South Australia. She is a professor of business school Tianjin Normal University and has been a non-executive director of Tianbao Holdings Co., Ltd. in 2022. She has also been corporate consultant for a number of companies including Dynasty Wine Group, Japan Human Talent Company, Tianjin Geothermal Research Institute, etc. Ms. Zhou does not hold any other position in the Company or any of its subsidiaries and has not held any directorship in any publicly listed companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years.