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Mr. Li Feng was appointed executive director of the Company in March 2014. Mr. Li is the chief capital officer of Guangzhou Yue Xiu and YXE. He is mainly responsible for formulating and implementing major capital management plans, organizing industrial development and financing coordination, optimizing and deepening the customer resources management, promoting the update of digital transformation, etc. of the Yue Xiu Group. Mr. Li is the press spokesperson of the Yue Xiu Group. Mr. Li is also a director of GCCD, chairman and a non-executive director of Yuexiu Financial Holdings Limited (“YFHL”) and a non-executive director of Chong Hing Bank Limited (“Chong Hing Bank”) (which shares were delisted from the Stock Exchange on 30 September 2021); a non-executive director of Yuexiu REIT Asset Management Limited (the manager of Yuexiu Real Estate Investment Trust (Stock Code: 405)), Chairman and an executive director of Yuexiu Transport Infrastructure Limited (“Yuexiu Transport”) (Stock Code: 1052), the shares of the companies mentioned above are listed on the Stock Exchange; a director of Guangzhou Yuexiu Financial Holdings Group Co., Ltd. (“GZYFHL”), a company listed on the Shenzhen Stock Exchange (Stock Code: 987) and the chairman of the board of directors of Yue Xiu Securities Holdings Company Limited. Mr. Li graduated from South China University of Technology and obtained a Bachelor’s degree in architecture, and subsequently he obtained a master of business administration degree from Jinan University. He is also a president of Association of Guangzhou Belt and Road Investment Enterprises, member of Guangzhou Housing Provident Fund Management Committee, director of Guangzhou People’s Association for Friendship with Foreign Countries and vice-president of The Listed Companies Council, Hong Kong Chinese Enterprises Association and a member of Risk Management Committee of China Evergrande Group (stock code: 3333). Mr. Li joined YXE in December 2001, he is familiar with business of listed companies and the operations of capital markets and has extensive practical experience in capital operations.