Mr. ZENG Fei was born in 1978, Chinese, member of the Communist Party of China. He obtained a Master’s degree from the School of International Relations at Peking University. Mr. Zeng used to serve as the Deputy Manager of President’s Office at Sinochem Group; Director of General Office of China Jinmao Holdings Group Co., Ltd.; General Manager of Jinmao Hotel Company; executive management member of Jinmao Hotel Management Co., Ltd.; Deputy General Manager of Jinmao Property Services Development Co., Ltd.; and executive level of Bluestar Adisseo Company.

As of the disclosure date of the annoucement, Mr. ZENG Fei has not held stocks of the Company. There are no related relationships with the Company’s directors, senior management, actual controllers, or shareholders holding more than 5% of the shares. There are no circumstances specified in the Company Law or the Articles of Association that would disqualify him from serving as the Company’s executive management; he has not been subject to administrative penalties by the China Securities Regulatory Commission (CSRC), nor has he received a public reprimand or official censure from a stock exchange; there are no ongoing criminal investigations by judicial authorities or CSRC investigations into suspected violations of laws or regulations; he is not a discredited person subject to enforcement proceedings; and his eligibility for the position complies with the provisions of the Company Law, the Shanghai Stock Exchange Listing Rules and other relevant laws and regulations.