From January 2002 to May 2005, Mr. Xu successively served as a senior consultant of TOM Group Ltd. (TOM), and an executive director and chief operating officer of TOM Online Inc. (TOM). Mr. Xu received a doctoral degree in economics from University of Manchester in the United Kingdom () in February 1993, a master's degree in industrial economy from Chinese Academy of Social Science () in July 1986 and a bachelor's degree in astrophysics from Peking University () in July 1983. Mr. Chan, Hiu Fung Nicholas, aged 48, is currently a practising solicitor in Hong Kong and has over 20 years of experience in the legal practice.

Mr. Chan has been working at Squire Patton Boggs () since April 1999 and has been a partner of it since September 2005. Prior to that, he served as an associate at Deacons (). Mr. Chan has ample listed company board experience having served as (i) an independent non-executive director of Million Cities Holdings Limited (), a company listed on the Stock Exchange (stock code: 2892) since December 2021, (ii) an independent non-executive director of Pangeaea Connectivity Technology Limited (), a company listed on the Stock Exchange since January 2021, (iii) an independent non-executive director of Q P Group Holdings Limited (), a company listed on the Stock Exchange, since December 2019, and (iv) an independent non-executive director of Sa Sa International Holdings Limited, a company listed on the Stock Exchange (stock code:0178), since September 2019.

Mr. Chan graduated from the University of Melbourne, Australia, in March 1997 with a degree of bachelor of laws and a degree of bachelor of science. Mr. Chan was admitted as a solicitor in Hong Kong in May 1999. He was also admitted as a solicitor of Australia Capital Territory, the State of Victoria in Australia and England and Wales in June 1997, October 2000 and October 2007, respectively.

He was appointed as a China-Appointed Attesting Officer by Ministry of Justice of the People's Republic of China. Mr. Chan has been appointed to serve as the Director to lead the operations of AALCO Hong Kong Regional Arbitration Centre since May 2022. The centre was established by agreement between the Central People's Government of the People's Republic of China and the Asian- African Legal Consultative Organization, an intergovernmental organization established in 1956 and now with 47 member countries.

Following the resignation of Mr. Zhao, Mr. Che, Mr. Han and Mr. Liao, and upon appointments of Mr. Chan Kai Kong, Mr. Xu Ming, Mr. Xu Zhiming and Mr. Chan, Hiu Fung Nicholas, the composition of the Remuneration Committee, the Nomination Committee and the Strategy Committee are as follows: The Remuneration Committee: Mr. Chow Siu Lui (chairman of the committee and independent non-executive Director), Mr. Chan Kai Kong (non-executive Director), Mr. Xu Ming (non-executive Director), Mr. Li Yinquan (independent non-executive Director), Mr. Xu Zhiming (independent non-executive Director), The Nomination Committee: · Ms. Peng Jiahong (chairwoman of the committee and executive Director), · Mr. Xu Ming (non-executive Director), · Mr. Li Yinquan (independent non-executive Director), · Mr. Chow Siu Lui (independent non-executive Director), · Mr. Chan, Hiu Fung Nicholas (independent non-executive Director), The Strategy Committee: · Ms. Peng Jiahong (chairwoman of the committee and executive Director), · Mr. Chan Kai Kong (non-executive Director), · Mr. Zhu Ziyang (non-executive Director).