Mr. ZHONG Yubin, aged 46, has been appointed as the Chairman, an Executive Director and the Chairman of the Nomination Committee of the Company in March 2025. He graduated from Peking University, the PRC with a Bachelor's degree in Laws, majoring in Political Science and Administration, and also graduated from Sun Yat-Sen University, the PRC with a Master's degree in Management, majoring in Business Administration. He held different positions in 南方報業傳媒集團(Southern Newspaper and Media Group) from 2002 to 2015, during which he worked for 南方週末報社(Southern Weekly) and 21 世紀經濟報導報社(21st Century Business Herald), was the director of the human resources department of 南方報業傳媒集團(Southern Newspaper and Media Group), and was the general manager of 南方都市報社(Southern Metropolis) from January 2015 to February 2018. He was a partner of 上海韓吾紀創業投資管理有限公司(Shanghai Hanwuji Venture Capital Management Co., Ltd.) and the chief operating officer of 廣州民營投資股份有限公司(Infinite Capital Holding Company) from February 2018 to December 2019 respectively. Mr. Zhong joined 廣東粤海控股集團有限公司(Guangdong Holdings Limited) ("Guangdong Holdings") in December 2019 and was appointed as the general manager of the human resources department of Guangdong Holdings from December 2019 to February 2025. He is currently the chairman of 廣東粤港投資開發有限公司(Guangdong Yuegang Investment Development Co., Ltd.) ("Yuegang Development") and GDH Real Estates (China) Limited ("GDH Real Estates China"), the wholly-owned subsidiaries of Guangdong Holdings. Guangdong Holdings is the ultimate controlling shareholder of the Company.