Mr. SHEN Guorong ( 沈國榮 ), aged 43, has been appointed as an executive president of the Group in September 2020, and he is primarily responsible for the general management of regional projects. He has more than 19 years of experience in the property management service industry. He has joined the Group since October 2004 as a project manager and was responsible for the overall management of projects till February 2005.

He subsequently served as an assistant to general manager of Binjiang Property, and was responsible for the general management and supervision from February 2005 to December 2009. He was appointed as a deputy general manager of the Group in December 2009. Prior to joining the Group, he was a project manager at Jiaye Sunshine Property Management Co., Ltd., a company engaged in the property management service industry, from January 2002 to September 2004. He was responsible for the overall project management. In June 2017, he was appointed as the chairman of Jianggan District Property Management Institute. He was also recognized as the Hangzhou Property Management Bidding Expertise and the fellow of Hangzhou Property Management Excellent Projects Evaluation Expert Base in July 2014. In October 2022, he was appointed as the president of the Property Management Association of Shangcheng District.

He graduated from Jiaxing University, the PRC, with an associate degree in construction project management in January 2011. In November 2013, he was recognized as aregistered Property Manager by the Ministry of Housing and Urban-Rural Development of the People’s Republic of China.

    Mr. WANG Guoyi ( 王國義 ), aged 62, has been appointed as a vice president of the Group since September 2020. He is primarily responsible for business development, engineering management, pre-delivery examination management and after-sale services. He hasover 20 years of experience in the property management service industry. From March 2005 to December 2009, he served as an engineering director in Binjiang Property

and was responsible for the engineering management. He was appointed as a deputy general manager of the Group in December 2009. Prior to joining the Group, he previously worked as an engineer at Zhejiang Nandu Property Management Co., Ltd., a company engaged in property management,

from January 2000 to February 2005, where he was responsible for engineering management and consultancy. From November 1996 to June 1998, he worked as a technician at the production department of Pt. San Weei Indonesia Rattan Industry, a company engaged in rattan manufacturing, exporting and importing, where he was responsible for mechanical maintenance. From December 1991 to November 1996,

he worked as an electrician at Hangzhou Chemistry Building, a company engaged in the chemical industry, where he was responsible for electrical installation and maintenance, as well as the operation of the telephone switchboard. From December 1984 to December 1991, he served as an electrician at Hangzhou Standard Head Factory, a company engaged in manufacturing mechanical components, where he was responsible for electrical maintenance at the mold workshop. From December 1981 to December 1984, he served as an electrician at Hangzhou Broadcast Equipment Factory (previously known as Hangzhou Qianjiang Maobi Factory, a company engaged in manufacturing broadcasting equipment, where he was responsible for electrical maintenance.

He obtained a high school diploma from the Fifth High School, Hangzhou, the PRC, in June 1980.

    Mr. CHENG Yanfei ( 程燕飛 ), aged 44, has been appointed as a vice president of the Group since September 2020 and is primarily responsible for the general management of regional projects. He has more than 20 years of experience in the property management service industry.

    He has joined the Group since October 2005 as a project manager and was responsible for the overall management of projects till January 2017. He was subsequently served as a deputy regional manager of Binjiang Property, and was responsible for the general management and supervision from February 2017 to September 2020. Prior to joining the Group, he was a general manager at Hangzhou Baiquan Property Management Co., Ltd. from April 2005 to October 2005, a manager at Hangzhou Dajia Property Operation and Management Co., Ltd. from December 2003 to April 2005, a manager at Beijing CR Land Property Management Co., Ltd. from April 2003 to November 2003.

    He graduated from Northern Jiaotong University with an associate degree in property management in January 2003. In January 2008, he obtained the certificate of

property management project director in Hangzhou. In November 2013, he was recognized as a registered property manager by the Ministry of Housing and Urban-Rural Development of the People’s Republic of China. Since August 2020, he has been appointed by Hangzhou Property Management Association as a member of Hangzhou Property Management Excellent Project evaluation expert database. Since June 2024, he has been appointed by Hangzhou Housing Security and Real Estate Administration Bureau as a member of the bidding expert database of Hangzhou property management.

    Mr. LIN Meng (林 猛), aged 58, has been appointed as a vice president of the Group since September 2020. He is primarily responsible for business development, predelivery consulting and brand operation. He has almost 20 years of experience in the property management service industry. Since 2009, he has served as a project manager in Binjiang Property and has been responsible for the overall management of projects. He was appointed as a manager of the Group in September 2015 and was responsible for business development, pre-delivery consulting and brand operation. Since December 2018, he has served as a director of the Group and has been responsible for business development, pre-delivery consulting and brand operation.

    He graduated from Zhejiang University with an associate degree in administration in July 2006. In May 2006, he obtained the certificate of property enterprise manager

issued by the Department of Personnel and Education of the Ministry of Construction. He was appointed as the fellow of Early-stage Property Bidding Expert Base by Hangzhou Housing Security and Management Bureau in June 2020.

    Mr. TANG Xiong (湯 雄), aged 44, joined the Group in April 2021 as the financial controller and he is primarily responsible for the overall financial management of the Group. 

Prior to joining the Group, he was appointed as an industry financial director of Zhejiang New Century Property Management Co., Ltd., a company engaged in property services and management, and he was responsible for property industry financial management

from April 2015 to April 2021. He was appointed as a financial director of Huaqiao New Century Grand Hotel Lishui, a company engaged in hotel management, and he was responsible for the financial restructuring of the hotel from February 2012 to April 2015. He was appointed as a financial director of Gaosu New Century Hotel International Anhui and he was responsible for the general financial management during the preparation and opening of the hotel from April 2011 to February 2012. He was appointed as a financial director of New Century Resort Changzhou and he was responsible for the general financial management from December 2010 to April 2011. He was appointed as an assistant to financial director of New Century Resort Jiulong Lake Ningbo and he was responsible for financial management during the preparation of the hotel from February 2009 to December 2010. He was appointed as a manager of investment and audit of New Century Hotel Group and he was responsible for the financial management of the group from November 2007 to February 2009.

He was appointed as the chief accountant of Wuhan Oriental Hotel and he was responsible for accounting management from September 2002 to November 2007.

He graduated from Renmin University of China (中國人民大學) with a bachelor’s degree. In May 2004, he obtained the certificate of intermediate accountant granted by the Ministry of Finance of the People’s Republic of China. He was admitted as a certified

management accountant of the Institute of Certified Management Accountants of the United States of America in January 2020. In December 2024, he obtained the certificate of senior accountant jointly granted by Zhejiang Provincial Department of Finance and Zhejiang Province Human Resources and Social Security Department.