Mr. YU Zhongxiang (余忠祥), aged 54, joined the Group since October 2023 as an executive Director, chairman of the Board and the chief executive officer. With his extensive experience, he is primarily responsible for the overall management and business operation of the Group, including coordinating Board affairs, formulating strategies and operational plans and making major business decisions. He has approximately 30 years of experience in the real estate industry and has extensive experience in property development and property sale management. Prior to joining the Group, he was the executive president of Hangzhou Binjiang Real Estate Group Co., Ltd. (a company principally engaged in real estate development and listed on the Shenzhen Stock Exchange, stock code: 002244) (“Binjiang Real Estate”) from February 2020 to October 2023; the executive vice general manager of Binjiang Real Estate from August 2011 to January 2020; the vice general manager of Binjiang Real Estate from 2005 to July 2011; and a project manager of Binjiang Real Estate from 2003 to 2005. From 1993 to 2003, Mr. Yu worked as an employee in Hangzhou Cosmos Real Estate Group Co., Ltd.* (杭州廣宇房地產集團有限公司).

      He received a master’s degree in civil engineering and a bachelor’s degree in civil engineering from the Zhejiang University in May 2000 and June 1993, respectively. He is currently a senior civil engineer and a member of the Professional Committee for Green Rock-Soil and Anchoring Engineering of Zhejiang Rock-Soil Mechanics and Engineering Society.

        Mr. QI Jiaqi ( 戚加奇 ), aged 36, was appointed as a non-executive Director on 1 June 2022 and was re-designated from a non-executive Director to an executive Director on 1 September 2024.

He has been serving as a Director of Robust Class Limited and Binjiang Service Group (Hong Kong) Co., Limited, both the wholly-owned subsidiaries of the Company, since 20 December 2021. From November 2021 to August 2024, he was a fund manager of China Life Franklin Asset Management Co., Limited. From May 2019 to November 2021, he was a macro strategist of China Life Franklin Asset Management Co., Limited. From August 2015 to July 2018, he was a lecturer of North Carolina State University, the United States of America.

        Mr. QI obtained a doctoral degree from North Carolina State University, the United States of America in July 2018, a master’s degree from North Carolina State University, the United States of America in December 2012 and a bachelor’s degree from Zhejiang University of Finance & Economics in July 2010.

      Ms. ZHONG Ruoqin (鍾若琴), aged 39, has been an executive Director and the secretary to the Board since September 2018. She is also a joint company secretary of the Company. She has joined the Group since April 2013 and is primarily responsible for formulating and supervising operational strategies and plans, deciding and executing the Board resolution, and undertaking business objectives of the Board. She has extensive work experience in the real estate industry. Since July 2018, she has been appointed as the head of the securities department at Hangzhou Binjiang Property ManagementCo., Ltd. (“Binjiang Property”), where she is primarily responsible for listing related matters and forming and organizing the securities department.

       From April 2013 to June 2018, she served in the securities department of Binjiang Real Estate, where she was responsible for the conduct of board meetings, information disclosure, and management of investment and refinancing. From August 2008 to February 2011, she was an agency supervisor of CITIC-Prudential Finance Company Ltd., a company engaged in insurance and wealth management business, where she was responsible for personal selling, team management and performance appraisal.

She received her master’s degree in business administration from the City University of Hong Kong, Hong Kong, in October 2012 and the bachelor’s degree in business from the Dundalk Institute of Technology, Ireland, in June 2008.

     Mr. MO Jianhua (莫建華), aged 54, has been the non-executive Director since December 2017. He is primarily responsible for providing guidance and supervision to our Group’s business operations. He has nearly 26 years of experience in the real estate industry.

     Since January 2017, he has also been serving as the general manager of Hangzhou Pute Equity Investment Management Limited (“Pute Equity”), a company which is principally engaged in equity investment, where he is responsible for the overall management of business. Since November 2006, he has been a director at Binjiang Real Estate, where he is responsible for providing guidance and supervision to our Group’s business operations.

From July 2011 to November 2017, he was the general manager of Hangzhou Binjiang Venture Capital Investment Limited* (“Binjiang Venture Capital”), a company which is primarily engaged in venture capital, and he was responsible for overall operation of business. From December 1999 to July 2011, he was the managing deputy general manager of Binjiang Real Estate, where he was responsible for the management of construction costs. From October 1996 to December 1999, he served as a deputy general manager at Binjiang Real Estate Construction Co., Ltd., a company engaged in real estate construction. He was responsible for the management of construction costs.

    He obtained an executive master’s degree in business administration (EMBA) from Zhejiang University, the PRC, in June 2013.

    Mr. CAI Xin (蔡鑫), aged 49, has been the non-executive Director since September 2018. He is primarily responsible for providing guidance and supervision to our Group’sbusiness operations. Since November 2017, he has been the general manager at Binjiang Venture Capital, where he is in charge of overall operation of business, marketingexpansion and investment projects implementation.

    From July 2011 to November 2017, he served as the deputy general manager of Pute Equity, where he was responsible for corporate fund raising and investment projects implementation. From September 2002 to July 2011, he served as the manager of the finance department at Binjiang Real Estate, where he was primarily responsible for the general management of the finance department, preparation of financial reports,formulating budget plans and tax reports.

    He obtained an executive master’s degree in business administration from Zhejiang University in December 2015 and a bachelor’s degree in economics from ZhejiangUniversity of Finance & Economics, the PRC, in July 1997. He obtained the certificate of senior accountant granted by Zhejiang Senior Accountant Certificate Evaluation Committee in June 2012.

    Mr. DING Jiangang ( 丁建剛 ), aged 61, joined the Group in February 2019 as an independent non-executive Director. Since May 2014, he has been the dean of  Zhejiang Daily Media Real Estate Institute, which is engaged in provision of market analysis of real estate industry, and is responsible for research on real estate policy and real estate market. He has also been serving at Zhejiang Real Estate Institute as a council member and is responsible for research in relation to policies and market trends in the real estate industry since October 2017.

    He has over 30 years of experience in the media industry. He has been an employee of Decision Research Consultancy Limited since June 2014. He worked for Hangzhou Joint Founder Information Technology Co., Ltd., which is engaged in the provision of market analysis of the real estate industry, and was responsible for research on real estate policy and real estate market from March 2013 to May 2014. He worked for the economic

department of, and as the deputy editor of the website Live in Hangzhou of Zhejiang Online News Website Co., Ltd., which is engaged in online news publication and he was responsible for researching financial properties and providing commentaries thereon from September 2008 to February 2013. He worked for Zhejiang Media Group, which is engaged in the publication and sales of newspapers, magazines and videos, and he was

responsible for the production of property programs from April 1989 to September 2008. He worked for teaching and research group of building structure of Zhejiang Construction Industrial College and was responsible for teaching building structure courses and management of the teaching and research group from November 1985 to April 1989. He was also a teaching staff in Changchun Advanced Architecture Institute from July 1983 to October 1985.Mr. Ding served as an independent non-executive  director, the chairman of the remuneration committee, a member of the audit committee and a member of the nomination committee of Dexin China Holdings Company Limited, a property development company which was listed on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) (stock code: 02019) and ordered to be wound up by the High Court of the Hong Kong Special Administrative Region on 11 June 2024, from January 2019 to 1 July 2024. He is responsible for

  providing independent judgment and advice in relation to operations and management in this company. In addition, he served as an independent non-executive director, the chairman of the remuneration committee, a member of the audit committee and a member of the nomination committee of Shinsun Holdings (Group) Co., Ltd., a property development company listed on the Stock Exchange (stock code: 02599) from October 2020 to November 2023.

He obtained his bachelor’s degree in civil engineering from Xi’an University of Architecture and Technology (formerly known as Xi’an Metallurgy Architecture College), the PRC, in July 1983.

    Mr. LI Kunjun (李坤軍), aged 46, joined the Group in February 2019 as an independent non-executive Director. Since October 2017, he has been serving as the chief executive officer of Hangzhou Xiaodi Technology Co., Ltd., a company engaged in the real estate technology development, which attracted investments from Hangzhou Tengguo Internet Technology Co., Ltd. and Hangzhou Daily, and created one of the most influential WeChat official accounts with regard to property market in Hangzhou. He is responsible for the overall management and business operation.

  He has extensive work experience in the media industry. From September 2000 to December 2016, he held various positions at Hangzhou Daily, including reporter,and director of property office. During his tenure, he published a book, Hangzhou Qualified Houses — Guidance for purchasing houses from QIU Weiwei and LI Kunjun. He graduated from Zhejiang University, the PRC, with his bachelor’s degree in Chinese in June 2000.

    Ms. CAI Haijing (蔡海靜), aged 42, joined the Group in February 2019 as an independent non-executive Director. Since December 2007, she was a lecturer of accounting at Zhejiang University of Finance & Economics and subsequently appointed as an associate professor and a professor in December 2014 and November 2019, respectively. In October 2017, she was regarded as the leading expert of the Zhejiang High-education Youngster and the nurturing target of the Zhejiang 151 Talent Project in December 2015. In December 2021, she was selected as “Leading Talents in Universities of Zhejiang Province” and “Zhijiang Young Social Science Scholar of Zhejiang Province”.She has been serving as an independent director of Zhejiang Xinguang Pharmaceutical Co., Ltd. ( 浙江新光藥業股份有限公司 ) (a pharmaceutical company listed on the Shenzhen Stock Exchange, stock code: 300516) since August 2024. She has been serving as an independent non-executive director and a member of the audit committee of Zhejiang Hals Vacuum Ware Co., LTD. (浙江哈爾斯真空器皿股份有限公司), a commodity manufacturing company listed on the Shenzhen Stock Exchange (stock code: 002615), since May 2021 and Zhejiang Mtcn Technology Co., Ltd. (浙江中晶科技股份有限公司), asemiconductor company listed on the Shenzhen Stock Exchange (stock code: 003026) since January 2024. As an independent non-executive director and a member of the audit committee, she is responsible for providing independent judgment and advice in relation to general management and audit committee to those listed companies. She served as an independent non-executive director and a member of the audit committee of UE Furniture Co., Ltd. (永藝家具股份有 限公司), a furniture manufacturing company listed on the Shanghai Stock Exchange (stock code: 603600) since July 2016 to February 2021, Hangzhou Jizhi Mechatronic Co., Ltd. ( 杭州集智機電股份有限公司 ), a machinery manufacturing company listed on the Shenzhen Stock Exchange (stock code: 300553) from July 2015 to June 2021, Wangneng Environment Co., Ltd. (旺能環境股份有限公司), an environment protection company listed on the Shenzhen Stock Exchange (stock code: 002034) from December 2017 to December 2023, Zhejiang Kang Long Da Special Protection Technology Co., Ltd. (浙江康隆達特種防護科技股份有限公司), a textile manufacturing company listed on the Shanghai Stock Exchange (stock code: 603665) from October 2017 to September 2023. 

    She obtained a doctoral degree in accounting from Zhongnan University of Economics and Law, the PRC, in June 2013, a master’s degree from Brock University, Canada, in October 2007 and a bachelor’s degree from Zhejiang University of Finance & Economics, the PRC, in June 2006. She was admitted as a fellow of the Association of Chartered Certified Accountants in June 2011 and the Canadian Institute of Chartered Accountants in September 2010.