Mr. Qin was appointed as an executive Director, the chairman of the Board and the chairman of each of the Executive Committee, the Nomination Committee and the Strategy and Investment Committee, and the Pricing Committee on 21 March 2023. Mr. Qin joined the Group on 1 June 2016 as executive vice president and was appointed as an executive Director on 30 June 2016. He was redesignated to chief executive officer of the Company on 24 October 2016 and to the chairman of the Board on 17 July 2017. He ceased to be an executive Director and the chairman of the Board on 16 December 2020. Mr. Qin is currently a senior executive of the Group primarily responsible for the management of the Group’s business in Germany. Mr. Qin also holds directorships in several companies within the Group.

Mr. Qin Yongming, graduated from Renmin University of China with a bachelor’s degree in finance and accounting and holds a Master of Business Administration from the University of Southampton, United Kingdom. He has 35 years of working experience and extensive management experience in global manufacturing and recycling industries, as well as professional experience in corporate operation management, international capital operations, strategic risk control, financial management, international materials procurement and supplier management. He held a number of senior leadership positions at LafargeHolcim group, Tianjin Henkel Detergent Co. Ltd., etc.

Mr. Chu, aged 52, has extensive experience in financial management and corporate management. He obtained a bachelor’s degree in industrial management engineering (industrial accounting) from the University of Science and Technology Beijing in the People’s Republic of China (the “PRC”) in July 1996. He further obtained a master’s degree of social service management from The University of Hong  Kong in December 2005. In April 2016, he joined Pengxin International Mining Co., Ltd., a company listed on the Shanghai Stock Exchange (stock code: 600490) principally engaged in mining, processing and trading of precious metals and new energy industry-related minerals, as vice general manager and finance controller. He subsequently served as the executive deputy general manager between June 2021 and August 2023.

Mr. Chu， from 30 April 2026, has been appointed as an executive Director, a member of each of the executive committee of the Board (the “Executive Committee”), the strategy and investment committee of the Board (the “Strategy and Investment Committee”) and the pricing committee of the Board (the “Pricing Committee”).

Mr. Yao, aged 38, has extensive experience in investment and mergers and acquisitions. He obtained his bachelor’s degree in economics majoring in financial engineering from Central University of Finance and Economics in the PRC in June 2010. He further obtained a master’s degree of science majoring in financial risk management from University College London in the United Kingdom in November 2012. Prior to joining the Company, between December 2022 and October 2024, Mr. Yao served as a director and vice president of Loncin Motor Co., Ltd., a company listed on the Shanghai Stock Exchange (stock code: 603766) principally engaged in manufacturing of motor vehicles.

Mr. Yao, from 30 April 2026, has been appointed as an executive Director, a member of each of the Executive Committee, the nomination committee of the Board (the “Nomination Committee”), the Strategy and Investment Committee and the Pricing Committee.