The appointment of senior management personnel by the board of directors is in accordance with the provisions of The Company law and The Articles of Association. After review and verification, the educational background, working experience, professional ability and professional quality of the appointed personnel as well as the current physical condition can meet the requirements of the post responsibilities, and there is no case that the board of directors is not allowed to act as senior management personnel according to The Company law and The Articles of Association, as well as the situation that has been determined by the CSRC as a market prohibited person and the prohibition has not been released.

It is agreed that the board of directors appoint Mr. Liu Feng as the general manager and legal representative of the company, Mr. Cai Weifeng as the executive deputy general manager of the company, Ms. Dong Ping, Mr. An Taiwu and Ms. Yu Li as the deputy general manager of the company, Mr. Zhu Guiying as the chief financial officer and Ms. Zhu Fangying as the Secretary of the board of directors of the company. The term of office of the above-mentioned senior managers shall be from the date of deliberation and approval of the current board of directors to the expiration date of the third board of directors.

Independent Opinions of Independent Directors on Appointment of Senior Managers.pdf