The board of directors of Xinyuan Property Management Service (Cayman) Ltd. announced that Mr. LUO Ji ("Mr. Luo") has tendered his resignation as an independent non-executive Director with effect from 21 October 2022 in order to devote more time to his other commitments. Upon his resignation as an independent non-executive Director, Mr. Luo has also ceased to be a member of the nomination committee ("Nomination Committee"), audit committee ("Audit Committee") and remuneration committee ("Remuneration Committee") of the Company. The Board is pleased to announced that Mr. WANG Yong (Mr. Wang) has been appointed as an executive Director of the Company with effect from 21 October 2022. Mr. WANG Yong, aged 44, has 19 years of experience in financial management, product R&D and management, investment and M&A, equity financing and listing of companies, and possesses expertise in delivering ecological and platform value to the capital market. Mr. Wang holds a master's degree in business administration from the Kellogg School of Management at Northwestern University and a master's degree from the School of Information and Communication Engineering at Beijing University of Posts and Telecommunications. From October 2021 to October 2022, Mr. Wang served as chief financial officer of Neolink Tech Group Inc., a wholly owned subsidiary of VNET Group Inc. (a company listed on NASDAQ, stock ticker: VNET), and was responsible for all financial activities, financing and spin-off related work. From May to October 2021, Mr. Wang served as chief financial officer of Gome Online, an online e-commerce platform operated by GOME Retail Holdings Limited (a company listed on the Stock Exchange, stock code: 0493), and was responsible for financial management, financing and listing related work. From 2019 to 2021, Mr. Wang served as chief financial officer of CDP Group, a human resource technology SaaS and services company, and was responsible for financial management, equity financing and U.S. stock listing related work. From September 2017 to February 2019, Mr. Wang served as vice president of strategy of Sunlands Technology Group (a company listed on the New York Stock Exchange ("NYSE"), stock ticker: STG), an online post-secondary and professional education organisation, and was responsible for capital market and listing related work. From 2010 to 2017, Mr. Wang worked in the field of corporate finance and asset management at the Hong Kong offices of Morgan Stanley, Deutsche Bank and JPMorgan Chase. From 2003 to 2008, Mr. Wang served as R&D engineer and head of R&D of Intel China's software research and development business unit. The Board announced that Mr. TIAN Wenzhi ("Mr. Tian") has been appointed as a non-executive Director with effect from 21 October 2022. Mr. TIAN Wenzhi, aged 51, has over 20 years of executive experience in large enterprises.
Mr. Tian has worked in several multinational management consulting firms where he was engaged in corporate strategy and organisational talent consulting and has over 14 years of management consulting experience. Mr. Tian also has extensive experience in governance of listed companies having held the position of external director of several listed companies where he served as a member of the remuneration and performance committee and nomination committee. Mr. Tian obtained a bachelor's degree in management from the Department of Accounting, Qingdao University in 1995, and obtained a master's degree in business administration in engineering management from the Tsinghua University School of Economics and Management, and a finance executive master's degree in business administration from PBCSF Tsinghua University in 1998 and 2020, respectively. Mr. Tian is a fellow member of the Association of Chartered Certified Accountants and has been certified as a Project Management Professional by the Project Management Institute. Since June 2016, Mr. Tian has served as the former presidents of external holding companies, executive director (also as a member of the remuneration and performance committee and the nomination committee), external director (also as a member of the remuneration and performance committee) of Xinyuan Real Estate Co. Ltd., (a company listed on the NYSE, stock ticker: XIN) and Xinyuan (China) Real Estate Ltd. Mr. Tian is currently the specialist consultant of the board of Xinyuan Group. Mr. Tian served as a senior global partner of Korn Ferry (US) and the person in charge of the China corporate strategy and leadership consulting business from February 2014 to May 2016. From March 2008 to February 2014, Mr. Tian served as the vice-president of Aon Consulting in China and the general manager of the northern China region. From August 2006 to March 2008, Mr. Tian served as the senior director of organisational talent reform and consulting at Accenture (a company listed on the NYSE, stock ticker: ACN). From March 2003 to August 2006, Mr. Tian served as the director of business development and head consultant of Hewitt Consulting (now Aon Hewitt Consulting, a company listed on the NYSE, stock ticker: HEW) in northern China. From December 1997 to March 2003, Mr. Tian served as the project manager/product director of Bell Labs, Lucent Technologies Inc. The Board announced that Mr. LAN Ye ("Mr. Lan") has been appointed as an independent non-executive Director and a member of the Audit Committee and the Nomination Committee, with effect from 21 October 2022. Mr. LAN Ye, aged 52, has 29 years of management experience in large enterprises. Mr. Lan holds an executive master's degree in business administration from Tsinghua University. Since June 2019, Mr. Lan has been serving as senior vice president and data intelligence business group president of Lenovo Group Limited ("Lenovo Group", a company listed on the Stock Exchange, stock code: 992), leading and managing the data intelligence business,
which is a focus business based on industrial digital transformation in China and supports the intelligent strategic direction of the Lenovo Group, including an enterprise-level self- developed software platform which serves the IIoT and personalised services to meet the demands of industrial integrated application and development.