Mr. Pan, aged 57, has been the vice president of the Company since October 2024. He holds a master’s degree in Engineering from Shanghai Jiao Tong University and a master’s degree in  Executive Business Administration from China Europe International Business School. He is a senior engineer. He was the assistant to general manager of Shanghai Jinqiao Export Processing Zone Development Co., Ltd., deputy general manager of Shanghai Qibai Jiusi Technology Development Co., Ltd.* (上海七百九思科技發展有限公司) and Shanghai Industrial Real Estate Co., Ltd.* (上海上實房地產有限公司), general manager of Suzhou Taihu Zhongteng Real Estate Co., Ltd.* (蘇州太湖中騰房地產有限公司) and Qingdao Industrial City Development Co., Ltd.* (青島上實城市發展有限公司), vice president of Shanghai Industrial Real Estate Qingdao Regional Headquarter* (上實地產青島區域總部) and Shanghai Industrial Development Co., Ltd.

* The English names of these entities are translations from their Chinese names and are for identification purpose only.