INVESTOR RELATIONS

CORPORATE GOVERNANCE

From its earliest days, China Renaissance has nurtured an internal commitment to corporate ethics, placed a high value on integrity and promoted a sense of social responsibility. We believe that these attributes of our culture have been cornerstones of our success. Consistent with this culture, we aim to achieve high standards of corporate governance which are crucial to our development and ability to create long-term shareholder value and safeguard the interests of minority investors.

We have established our audit committee, remuneration committee and nomination committee with written terms of reference in compliance with the Listing Rules and the Code on Corporate Governance and Corporate Government Report in Appendix 14 of the Listing Rules.

  • Senior Management
  • Board of Directors
  • Executive Committee
  • Audit Committee
  • Remuneration Committee
  • Nomination Committee
BAO Fan Chairman   Chairman
XIE Yi Jing, Kevin      
WANG Lixing      
LI Shujun        
LI Xun, Eric        
LIU Xing        
YAO Jue*   Chairman  
YE Junying*   Chairman  
ZHAO Yue*  
CONG Lin        
DU Yongbo        
CUI Qiang        
LAM Ka Cheong, Jason        
XIANG Wei, Jason        
CHEN Yang, Diana        
Terms of Reference  

*Independent Non-executive Director

Senior Management

BAO Fan
Chairman, Executive Director & CEO

Bao Fan is the Founder, Chairman, CEO and Executive Director of China Renaissance, China’s leading financial institution serving the new economy.

Mr. Bao began his investment banking career at the dawn of the internet era in the late 1990s, having worked at Morgan Stanley and Credit Suisse for years. Inspired by his clients’ entrepreneurial zeal, he joined AsiaInfo Holdings, Inc., a Chinese IT and software services provider, as chief strategy officer in 2000. He then founded China Renaissance in 2005 to connect China’s capital markets with the rest of the world, serving new economy entrepreneurs and investors on a global scale. In 2015, Mr. Bao was recognized as one of the world’s “50 Most Influential” by Bloomberg Markets.

Mr. Bao holds a master’s degree in business and economics from the BI Norwegian School of Management.

CONG Lin
President, Chairman of CR Securities (Hong Kong) Limited

Cong Lin is President of China Renaissance Group and Chairman of the Board of Directors of China Renaissance Securities (Hong Kong) Limited, where he is responsible for the Group’s investment banking business.

Mr. Cong has over 30 years of experience in the banking and finance industry. Prior to joining the Group, he was Chairman of ICBC International Holdings Limited. Mr. Cong served in a variety of senior executive roles during his tenure with ICBC Group, including Chairman and Chief Executive Officer of ICBC International Holdings Limited, Executive Director and President of ICBC Financial Leasing Co., Ltd., and Chief Representative of the Beijing Office and Vice President of ICEA Finance Holdings Limited. He also held senior management positions at the Head Office of ICBC, where he was responsible for various core businesses, such as credit and treasury.

Mr. Cong holds a Bachelor’s degree in Economics from Renmin University of China, a Master’s degree in Economics from the Graduate School of the People’s Bank of China Research Institute of Finance, and a Master of Business Administration from Cheung Kong Graduate School of Business.

XIE Yi Jing, Kevin
Executive Director, Managing Director & Head of Healthcare

Xie Yi Jing co-founded China Renaissance. He is a Managing Director and head of the healthcare advisory team overseeing the financial advisory business for the healthcare sector. Since joining China Renaissance, Mr. Xie has held various management positions, including managing director of the financial sponsor team. Mr. Xie previously worked at Credit Suisse and served as vice president within its investment banking division.

Mr. Xie holds a bachelor’s degree in economics from the University of Sydney.

WANG Lixing
Executive Director, Managing Director of Advisory

Wang Lixing is Managing Director of Advisory at China Renaissance, responsible for the financial advisory business. Mr. Wang started his investment banking career with China Renaissance in 2007 and since then has held various positions, including vice president of the TME Group and managing director of the corporate finance group.

Mr. Wang holds a bachelor’s degree in automotive engineering and a master’s degree in information and communication engineering from Tsinghua University.

DU Yongbo
Head of Growth Capital Fund, Managing Director

Du Yongbo is Managing Director of Huaxing Growth Capital Fund at China Renaissance, taking charge of the new economy investment business. Since joining China Renaissance, Mr. Du has held several management positions, including principal of the TME group and managing director of the corporate finance group.

Prior to joining China Renaissance, Mr. Du served at Lenovo Group for approximately eight years, assuming a number of senior positions in different companies within the group, including investment director, general manager, as well as vice general manager of corporate planning.

Mr. Du holds dual bachelor’s degrees in engineering (thermal and nuclear energy, and mechanical engineering) from Tsinghua University and a master of business administration degree in finance from the Chinese University of Hong Kong.

CUI Qiang
CFO

Cui Qiang is CFO and shares responsibility for overseeing the overall financial management. Mr. Cui is a senior finance executive with deep expertise in corporate finance, tax, financial planning and analysis, financial reporting and risk management. He also has extensive capital markets experience. Since 2016, he has served as Chief Financial Officer of Huajing Securities, China Renaissance’s A-share market investment banking business.

Earlier in his career, he held a number of roles of increasing importance with Zhong De Securities, Deutsche Bank, PricewaterhouseCoopers Consulting, Thakral Information Technology and Reanda Certified Public Accountants.

Mr. Cui received his Bachelor’s degree in International Business Management from the University of International Business and Economics and a Master’s degree in Management and Accounting from the University of Toronto. He is also a non-practicing member of the Chinese Institute of Certified Public Accountants.

LAM Ka Cheong, Jason
President of CR International

Lam Ka Cheong is President of China Renaissance International, responsible for all business units and operational functions in Hong Kong and the United States.

Mr. Lam has 20 years of investment banking, corporate finance and capital markets experience in Greater China and Asia, with a focus on the technology sector. Prior to joining China Renaissance, Mr. Lam served as a managing director and co-head of Asia technology coverage at Credit Suisse. Before that, he held various investment banking positions at UBS, ABN AMRO Bank N.V. and Credit Suisse.

Mr. Lam holds a bachelor of science degree from Cornell University and a master’s degree in engineering economics systems and operation research from Stanford University.

XIANG Wei
COO

Xiang Wei is COO of China Renaissance, responsible for the overall strategic planning, operational management and organizational construction, assisting the CEO to manage general operational and business development affairs.

Mr. Xiang has held various positions, including Head of Strategic Development,  Secretary to the Board of Huajing Securities and Director of Huaxing Growth Capital.

Before joining China Renaissance, Mr. Xiang was the senior consultant at Shanghai International Energy Exchange. Prior to that, he served as Lawyer in the Cleary Gottlieb Steen & Hamilton LLP, International Lawyer at Shearman & Sterling LLP. and Lawyer of Haiwen & Partners.

Mr. Xiang holds a Bachelor’s degree in British & American literature from Wuhan University of Technology, a Bachelor’s degree in law from Wuhan University, a Master’s degree in law from Tsinghua University and a Master’s degree in law from Columbia University.

CHEN Yang, Diana
Chief Human Resources Officer

Chen Yang is Managing Director of China Renaissance Group,responsible for Human Resources Department and Legal Department. Since joining China Renaissance, Ms. Chen has been working as a core member, taking part in multiple key projects, strategic planning and operation management of the Group. Ms. Chen also built up the legal team of the Group from scratch, and led the team winning the honor of 2020 ALB China Top 15 New Economy In-House Teams Award.

Prior to joining China Renaissance, Ms. Chen worked at Han Kun Law Offices, with main practice areas in PE and VC investment, during which Ms. Chen accumulated rich project experience in the fields including Foreign Direct Investment, Mergers & Acquisitions, Venture Capital & Private Equity Investment and overseas Listings.

Ms. Chen holds a master’s degree in law from Vanderbilt University, and a bachelor's degree in law from China University of Political Science and Law.

Board Of Directors

BAO Fan (chairman)
Chairman, Executive Director & CEO

Bao Fan is the Founder, Chairman, CEO and Executive Director of China Renaissance, China’s leading financial institution serving the new economy.

Mr. Bao began his investment banking career at the dawn of the internet era in the late 1990s, having worked at Morgan Stanley and Credit Suisse for years. Inspired by his clients’ entrepreneurial zeal, he joined AsiaInfo Holdings, Inc., a Chinese IT and software services provider, as chief strategy officer in 2000. He then founded China Renaissance in 2005 to connect China’s capital markets with the rest of the world, serving new economy entrepreneurs and investors on a global scale. In 2015, Mr. Bao was recognized as one of the world’s “50 Most Influential” by Bloomberg Markets.

Mr. Bao holds a master’s degree in business and economics from the BI Norwegian School of Management.

XIE Yi Jing, Kevin
Executive Director, Managing Director & Head of Healthcare

Xie Yi Jing co-founded China Renaissance. He is a Managing Director and head of the healthcare advisory team overseeing the financial advisory business for the healthcare sector. Since joining China Renaissance, Mr. Xie has held various management positions, including managing director of the financial sponsor team. Mr. Xie previously worked at Credit Suisse and served as vice president within its investment banking division.

Mr. Xie holds a bachelor’s degree in economics from the University of Sydney.

WANG Lixing
Executive Director, Managing Director of Advisory

Wang Lixing is Managing Director of Advisory at China Renaissance, responsible for the financial advisory business. Mr. Wang started his investment banking career with China Renaissance in 2007 and since then has held various positions, including vice president of the TME Group and managing director of the corporate finance group.

Mr. Wang holds a bachelor’s degree in automotive engineering and a master’s degree in information and communication engineering from Tsinghua University.

LI Shujun
Non-executive Director

Li Shujun is a Non-executive Director. He is the founding and managing partner of Trustbridge Partners, a private equity firm focused on investing in growth companies in the TMT, consumer and healthcare sectors. Prior to founding Trustbridge Partners, Mr. Li served as chief financial officer and vice president of Shanda Interactive Entertainment Ltd.

Mr. Li holds a master’s degree in political science and economics from Nankai University.

LI Xun, Eric
Non-executive Director

Li Xun is a Non-executive Director. Mr. Li is the founder and managing partner of Chengwei Capital, a venture capital firm that focuses on investments in a variety of sectors including TMT, software, education, consumer, manufacturing, healthcare and media. He currently serves as a director at Shenzhen HSB Tech Co., Ltd. and Shanghai Jingcan Information Technology Co., Ltd.

Mr. Li holds a bachelor of arts degree from the University of California at Berkeley, a master of business administration degree from Stanford University and a doctor’s degree in international relations from Fudan University.

LIU Xing
Non-executive Director

Mr. Liu Xing is a Non-executive Director. He is a partner of Sequoia Capital China. Prior to joining Sequoia Capital China in 2007, Mr. Liu had over nine years of work experience in investment banking, technology and product development and consulting at Merrill Lynch, Xerox and GlobalSight. Mr. Liu has been an independent non-executive director of ZTO Express (Cayman) Inc. (NYSE Ticker: ZTO) since May 2013, an independent non-executive director of Vipshop Holdings Limited (NYSE Ticker: VIPS) since January 2011, and an independent nonexecutive director of China Online Education Group (NYSE Ticker: COE) from July 2014 to April 2019.

Mr. Liu received an MBA degree from The Wharton School of the University of Pennsylvania in 2004, a master’s degree in computer engineering from Syracuse University in 1995, and a bachelor’s degree in management information systems from Fudan University in 1992.

YAO Jue
Independent Non-executive Director

Yao Jue is an Independent Non-executive Director and serves as chairman of the Audit Committee and a member of the Nomination Committee. Ms. Yao has over 20 years of experience in accounting and corporate finance. She most recently served as chief financial officer of 360 Security Technology Inc., having previously held various positions in the company including financial director, vice president of finance and co-chief financial officer. She has been a qualified accountant affiliated with the Chinese Institute of Certified Public Accountants since 2000.

Ms. Yao holds a bachelor’s degree in accounting from the University of International Business and Economics in China.

YE Junying
Independent Non-executive Director

Ye Junying is an Independent Non-executive Director and serves as chairman of the Remuneration Committee and a member of the Audit Committee. Mr. Ye has served as chairman of the board at Gortune Investment Co., Ltd. since 2016. Previously, he was president and then chairman of the board at E Fund Management Co., Ltd., a position he held from November 2000 to April 2016, and general manager of the investment banking department and then vice president at GF Securities Co., Ltd. from March 1993 to October 2000.

Mr. Ye received his bachelor of law degree in economics law from Peking University in July 1985, his master of law degree in international economics law from Wuhan University in July 1988, and his doctor of economics degree in national economics from Southwestern University of Finance and Economics in June 2005.

ZHAO Yue
Independent Non-executive Director

Zhao Yue is an Independent Non-executive Director and serves as a member of the Audit Committee, Remuneration Committee and Nomination Committee. Mr. Zhao currently serves as chief economist of Chief Group. Previously, he was a senior manager with China Investment Corporation.

Mr. Zhao holds a bachelor of science degree in physics from Peking University and a doctor’s degree in finance from the Financial Research Institute of People’s Bank of China.

Executive Committee

We have established an Executive Committee with written terms of reference as the highest management body of the Group. The primary duties of the Executive Committee are (i) to consider the Company’s overall objectives, corporate strategies and key results, (ii) to make strategic and executive decisions for the Group including but not limited to business plans, corporate development policies and performance targets, and (iii) to authorize a person or persons to implement specific parts of operational management. The Executive Committee also considers issues in relation to risks and controls arising from the regular business operations of the Group.

BAO Fan (chairman)
Chairman, Executive Director & CEO

Bao Fan is the Founder, Chairman, CEO and Executive Director of China Renaissance, China’s leading financial institution serving the new economy.

Mr. Bao began his investment banking career at the dawn of the internet era in the late 1990s, having worked at Morgan Stanley and Credit Suisse for years. Inspired by his clients’ entrepreneurial zeal, he joined AsiaInfo Holdings, Inc., a Chinese IT and software services provider, as chief strategy officer in 2000. He then founded China Renaissance in 2005 to connect China’s capital markets with the rest of the world, serving new economy entrepreneurs and investors on a global scale. In 2015, Mr. Bao was recognized as one of the world’s “50 Most Influential” by Bloomberg Markets.

Mr. Bao holds a master’s degree in business and economics from the BI Norwegian School of Management.

CONG Lin
President, Chairman of CR Securities (Hong Kong) Limited

Cong Lin is President of China Renaissance Group and Chairman of the Board of Directors of China Renaissance Securities (Hong Kong) Limited, where he is responsible for the Group’s investment banking business.

Mr. Cong has over 30 years of experience in the banking and finance industry. Prior to joining the Group, he was Chairman of ICBC International Holdings Limited. Mr. Cong served in a variety of senior executive roles during his tenure with ICBC Group, including Chairman and Chief Executive Officer of ICBC International Holdings Limited, Executive Director and President of ICBC Financial Leasing Co., Ltd., and Chief Representative of the Beijing Office and Vice President of ICEA Finance Holdings Limited. He also held senior management positions at the Head Office of ICBC, where he was responsible for various core businesses, such as credit and treasury.

Mr. Cong holds a Bachelor’s degree in Economics from Renmin University of China, a Master’s degree in Economics from the Graduate School of the People’s Bank of China Research Institute of Finance, and a Master of Business Administration from Cheung Kong Graduate School of Business.

XIE Yi Jing, Kevin
Executive Director, Managing Director & Head of Healthcare

Xie Yi Jing co-founded China Renaissance. He is a Managing Director and head of the healthcare advisory team overseeing the financial advisory business for the healthcare sector. Since joining China Renaissance, Mr. Xie has held various management positions, including managing director of the financial sponsor team. Mr. Xie previously worked at Credit Suisse and served as vice president within its investment banking division.

Mr. Xie holds a bachelor’s degree in economics from the University of Sydney.

WANG Lixing
Executive Director, Managing Director of Advisory

Wang Lixing is Managing Director of Advisory at China Renaissance, responsible for the financial advisory business. Mr. Wang started his investment banking career with China Renaissance in 2007 and since then has held various positions, including vice president of the TME Group and managing director of the corporate finance group.

Mr. Wang holds a bachelor’s degree in automotive engineering and a master’s degree in information and communication engineering from Tsinghua University.

DU Yongbo
Head of Growth Capital Fund, Managing Director

Du Yongbo is Managing Director of Huaxing Growth Capital Fund at China Renaissance, taking charge of the new economy investment business. Since joining China Renaissance, Mr. Du has held several management positions, including principal of the TME group and managing director of the corporate finance group.

Prior to joining China Renaissance, Mr. Du served at Lenovo Group for approximately eight years, assuming a number of senior positions in different companies within the group, including investment director, general manager, as well as vice general manager of corporate planning.

Mr. Du holds dual bachelor’s degrees in engineering (thermal and nuclear energy, and mechanical engineering) from Tsinghua University and a master of business administration degree in finance from the Chinese University of Hong Kong.

CUI Qiang
CFO

Cui Qiang is CFO and shares responsibility for overseeing the overall financial management. Mr. Cui is a senior finance executive with deep expertise in corporate finance, tax, financial planning and analysis, financial reporting and risk management. He also has extensive capital markets experience. Since 2016, he has served as Chief Financial Officer of Huajing Securities, China Renaissance’s A-share market investment banking business.

Earlier in his career, he held a number of roles of increasing importance with Zhong De Securities, Deutsche Bank, PricewaterhouseCoopers Consulting, Thakral Information Technology and Reanda Certified Public Accountants.

Mr. Cui received his Bachelor’s degree in International Business Management from the University of International Business and Economics and a Master’s degree in Management and Accounting from the University of Toronto. He is also a non-practicing member of the Chinese Institute of Certified Public Accountants.

LAM Ka Cheong, Jason
President of CR International

Lam Ka Cheong is President of China Renaissance International, responsible for all business units and operational functions in Hong Kong and the United States.

Mr. Lam has 20 years of investment banking, corporate finance and capital markets experience in Greater China and Asia, with a focus on the technology sector. Prior to joining China Renaissance, Mr. Lam served as a managing director and co-head of Asia technology coverage at Credit Suisse. Before that, he held various investment banking positions at UBS, ABN AMRO Bank N.V. and Credit Suisse.

Mr. Lam holds a bachelor of science degree from Cornell University and a master’s degree in engineering economics systems and operation research from Stanford University.

XIANG Wei
COO

Xiang Wei is COO of China Renaissance, responsible for the overall strategic planning, operational management and organizational construction, assisting the CEO to manage general operational and business development affairs.

Mr. Xiang has held various positions, including Head of Strategic Development,  Secretary to the Board of Huajing Securities and Director of Huaxing Growth Capital.

Before joining China Renaissance, Mr. Xiang was the senior consultant at Shanghai International Energy Exchange. Prior to that, he served as Lawyer in the Cleary Gottlieb Steen & Hamilton LLP, International Lawyer at Shearman & Sterling LLP. and Lawyer of Haiwen & Partners.

Mr. Xiang holds a Bachelor’s degree in British & American literature from Wuhan University of Technology, a Bachelor’s degree in law from Wuhan University, a Master’s degree in law from Tsinghua University and a Master’s degree in law from Columbia University.

CHEN Yang, Diana
Chief Human Resources Officer

Chen Yang is Managing Director of China Renaissance Group,responsible for Human Resources Department and Legal Department. Since joining China Renaissance, Ms. Chen has been working as a core member, taking part in multiple key projects, strategic planning and operation management of the Group. Ms. Chen also built up the legal team of the Group from scratch, and led the team winning the honor of 2020 ALB China Top 15 New Economy In-House Teams Award.

Prior to joining China Renaissance, Ms. Chen worked at Han Kun Law Offices, with main practice areas in PE and VC investment, during which Ms. Chen accumulated rich project experience in the fields including Foreign Direct Investment, Mergers & Acquisitions, Venture Capital & Private Equity Investment and overseas Listings.

Ms. Chen holds a master’s degree in law from Vanderbilt University, and a bachelor's degree in law from China University of Political Science and Law.

Audit Committee

The primary duties of the Audit Committee are to review and supervise the financial reporting process and internal controls system (including risk management) of the Group, review and approve connected transactions and provide advice and comments to the Board. All of the members of our audit committee, including the chairman, are independent non-executive Directors.

YAO Jue (chairman)
Independent Non-executive Director

Yao Jue is an Independent Non-executive Director and serves as chairman of the Audit Committee and a member of the Nomination Committee. Ms. Yao has over 20 years of experience in accounting and corporate finance. She most recently served as chief financial officer of 360 Security Technology Inc., having previously held various positions in the company including financial director, vice president of finance and co-chief financial officer. She has been a qualified accountant affiliated with the Chinese Institute of Certified Public Accountants since 2000.

Ms. Yao holds a bachelor’s degree in accounting from the University of International Business and Economics in China.

YE Junying
Independent Non-executive Director

Ye Junying is an Independent Non-executive Director and serves as chairman of the Remuneration Committee and a member of the Audit Committee. Mr. Ye has served as chairman of the board at Gortune Investment Co., Ltd. since 2016. Previously, he was president and then chairman of the board at E Fund Management Co., Ltd., a position he held from November 2000 to April 2016, and general manager of the investment banking department and then vice president at GF Securities Co., Ltd. from March 1993 to October 2000.

Mr. Ye received his bachelor of law degree in economics law from Peking University in July 1985, his master of law degree in international economics law from Wuhan University in July 1988, and his doctor of economics degree in national economics from Southwestern University of Finance and Economics in June 2005.

ZHAO Yue
Independent Non-executive Director

Zhao Yue is an Independent Non-executive Director and serves as a member of the Audit Committee, Remuneration Committee and Nomination Committee. Mr. Zhao currently serves as chief economist of Chief Group. Previously, he was a senior manager with China Investment Corporation.

Mr. Zhao holds a bachelor of science degree in physics from Peking University and a doctor’s degree in finance from the Financial Research Institute of People’s Bank of China.

Remuneration Committee

The primary duties of the Remuneration Committee are to review and make recommendations to the Board the terms of remuneration packages, bonuses and other compensation payable to our Directors and other senior management.

YE Junying (chairman)
Independent Non-executive Director

Ye Junying is an Independent Non-executive Director and serves as chairman of the Remuneration Committee and a member of the Audit Committee. Mr. Ye has served as chairman of the board at Gortune Investment Co., Ltd. since 2016. Previously, he was president and then chairman of the board at E Fund Management Co., Ltd., a position he held from November 2000 to April 2016, and general manager of the investment banking department and then vice president at GF Securities Co., Ltd. from March 1993 to October 2000.

Mr. Ye received his bachelor of law degree in economics law from Peking University in July 1985, his master of law degree in international economics law from Wuhan University in July 1988, and his doctor of economics degree in national economics from Southwestern University of Finance and Economics in June 2005.

BAO Fan
Chairman, Executive Director & CEO

Bao Fan is the Founder, Chairman, CEO and Executive Director of China Renaissance, China’s leading financial institution serving the new economy.

Mr. Bao began his investment banking career at the dawn of the internet era in the late 1990s, having worked at Morgan Stanley and Credit Suisse for years. Inspired by his clients’ entrepreneurial zeal, he joined AsiaInfo Holdings, Inc., a Chinese IT and software services provider, as chief strategy officer in 2000. He then founded China Renaissance in 2005 to connect China’s capital markets with the rest of the world, serving new economy entrepreneurs and investors on a global scale. In 2015, Mr. Bao was recognized as one of the world’s “50 Most Influential” by Bloomberg Markets.

Mr. Bao holds a master’s degree in business and economics from the BI Norwegian School of Management.

ZHAO Yue
Independent Non-executive Director

Zhao Yue is an Independent Non-executive Director and serves as a member of the Audit Committee, Remuneration Committee and Nomination Committee. Mr. Zhao currently serves as chief economist of Chief Group. Previously, he was a senior manager with China Investment Corporation.

Mr. Zhao holds a bachelor of science degree in physics from Peking University and a doctor’s degree in finance from the Financial Research Institute of People’s Bank of China.

Nomination Committee

The primary duties of the Nomination Committee are to make recommendations to our Board on the appointment of Directors and management of Board succession.

BAO Fan (chairman)
Chairman, Executive Director & CEO

Bao Fan is the Founder, Chairman, CEO and Executive Director of China Renaissance, China’s leading financial institution serving the new economy.

Mr. Bao began his investment banking career at the dawn of the internet era in the late 1990s, having worked at Morgan Stanley and Credit Suisse for years. Inspired by his clients’ entrepreneurial zeal, he joined AsiaInfo Holdings, Inc., a Chinese IT and software services provider, as chief strategy officer in 2000. He then founded China Renaissance in 2005 to connect China’s capital markets with the rest of the world, serving new economy entrepreneurs and investors on a global scale. In 2015, Mr. Bao was recognized as one of the world’s “50 Most Influential” by Bloomberg Markets.

Mr. Bao holds a master’s degree in business and economics from the BI Norwegian School of Management.

YAO Jue
Independent Non-executive Director

Yao Jue is an Independent Non-executive Director and serves as chairman of the Audit Committee and a member of the Nomination Committee. Ms. Yao has over 20 years of experience in accounting and corporate finance. She most recently served as chief financial officer of 360 Security Technology Inc., having previously held various positions in the company including financial director, vice president of finance and co-chief financial officer. She has been a qualified accountant affiliated with the Chinese Institute of Certified Public Accountants since 2000.

Ms. Yao holds a bachelor’s degree in accounting from the University of International Business and Economics in China.

ZHAO Yue
Independent Non-executive Director

Zhao Yue is an Independent Non-executive Director and serves as a member of the Audit Committee, Remuneration Committee and Nomination Committee. Mr. Zhao currently serves as chief economist of Chief Group. Previously, he was a senior manager with China Investment Corporation.

Mr. Zhao holds a bachelor of science degree in physics from Peking University and a doctor’s degree in finance from the Financial Research Institute of People’s Bank of China.