Mr YUAN was appointed as an executive director of the Company on 1 September 2017. He joined the Company as the Assistant President since 16 March 2016.He joined Yunnan Metropolitan Construction Investment Co., Ltd.* (雲南省城市建設投資集團有限公司) (“YMCI”) in 2011, and has worked for a fund company under YMCI,the board office of YMCI and Caiyun International Investment Limited (彩雲國際投資有限公司) (“Caiyun”), a wholly-owned subsidiary of YMCI and a substantial shareholder(as defined in the Rules Governing the Listing of Securities on The Stock Exchange of HongKong Limited (the “Listing Rules”)) of the Company. He is currently the deputy general manager of Caiyun. Mr YUAN has extensive management experience in the fields of fund – 2 –management, capital markets, real estate development, corporate governance and cultural tourism. Mr YUAN obtained a bachelor’s degree in economics from the Faculty of Economics of Yunnan University (雲南大學) in July 2008 and a master’s degree in economics from theInstitute of Development Studies of Yunnan University* (雲南大學發展研究院) in July 2011.