Mr. Tu was appointed as an executive Director on  29 April 2015. Mr. Tu is a member of the executive committee and the strategy and investment committee of the Company and he is also the director of certain subsidiaries of the Group. Mr. Tu was appointed as the chairman of the Board from 29 April 2015 to 17 July 2017 and as the chief executive officer of the Company during the period from  16 February 2016 to 31 March 2016. He has been the chairman of USUM  Investment Group Limited since April 2014. He has been the director of Loncin Group Co.,  Ltd. since January 1996 and the director of Loncin Holdings Co.,  Ltd since January 2003. USUM  Investment Group Limited, Loncin Group Co.,  Ltd. and Loncin Holdings Co.,  Ltd. are controlling shareholders of the Company.

He served as the chairman of the board of Loncin Holdings Co.,  Ltd. in the period from  January 2003 to July 2010 and from  February 2013 to December 2013, the executive director of Loncin Group Co.,  Ltd. from  January 1996 to January 1997, and the chairman of the board of Loncin Group Co.,  Ltd. from  January 1996 to December 2013. He served as the general manager of Chongqing Loncin Gasoline Engine Company (SinoAmerican Joint Venture), a company that used to be controlled by Mr. Tu during its existence, from  1995 to 1996, and served as the chairman of Chongqing Loncin Transportation and Machinery Factory, a company that used to be controlled by Mr. Tu during its existence, from  1993 to 1996. He served as the chairman of Chongqing City Jiulongpo District Loncin Metal Factory, a company that used to be controlled by Mr. Tu during its existence, from 1991 to 1993 and the factory director of Chongqing Cinhua Metals Factory, from 1984 to 1990.

Mr. Tu graduated from  the Economic Management of the Open College in Chongqing City Municipal Party School in December 1998. Mr. Tu previously acted as the deputy to the 11th, 12th National People's Congress, the deputy to the 2nd, 3rd and 4th  Chongqing Municipal People's Congress and the member of its Finance and Economic Affairs Committee. Mr. Tu's term of office as a Member of the National Committee of the 13th Chinese People's Political Consultative Conference, a Standing Committee Member of the Executive Committee of the 12th All China Federation of Industry & Commerce, the president of Chongqing City Industry and Commerce Federation, the President of Chongqing City General Chamber of Commerce, the vice president of Chongqing City Charity Federation and the vice president of Chongqing City Private Entrepreneurs Confederation expired in March 2023.

Mr. Tu is a director of Loncin Motor Co.,  Ltd., a company whose shares  are listed on  the Shanghai Stock Exchange (stock code: 603766).

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. Yao was appointed as an executive Director on 13 December 2021. Mr. Yao is also a member of the Executive Committee, the Strategy and Investment Committee and the Pricing Committee and he is also a director of certain subsidiaries of the Group. Mr. Yao currently served as a project management officer in the Group. He joined the Group in March 2020. Before joining the Group, he served as a deputy general manager in Chongqing Chen Gong Technology Co., Ltd. in 2019. He also served as an investment analyst in USUM Investment Group Limited, an intermediate holding company and a controlling shareholder of the Company in 2015. He has extensive knowledge in the Group’s business, and he is experienced in corporate management and project management.

Mr. Yao obtained a Bachelor’s degree in Business Administration from Cardiff University in the United Kingdom and a Master’s degree in Finance from The London School of Economics and Political Science in the United Kingdom.

Mr. Liu was appointed as an executive Director on 19 December 2023. Mr. Liu holds a master’s degree from Renmin University of China Law School, majoring in Civil and Commercial Law. Mr. Liu is an Intermediate Economist of the PRC. Since December 2017, Mr. Liu has joined ABC Financial Assets Investment Co., Ltd. as a senior manager and was subsequently promoted as an investment director. Prior to that, Mr. Liu had approximately seven years’ working experience at Beijing International Trust Co., Ltd. and Agricultural Bank of China, with expertise in asset management.