Mr ZHANG Yadong joined the Company in May 2018. He attended Liaoning University (遼寧大學), Dalian Polytechnic University (大連工業大學), and Xiamen University (廈門大學); he has a doctoral degree. Mr ZHANG previously served as general manager of Dalian Great Automobile Enterprise Group (大連大汽企業集團), assistant director and deputy director of Dalian High-tech Zone Management Committee, deputy Party chief and mayor of Pulandian Municipal Committee of Liaoning Province, and deputy director of management committee of Dalian Economic and Technological Development Zone, head of Dalian Urban Construction Bureau, director of Dalian Construction Committee, deputy mayor of Dalian Municipal Government, member of the Standing Committee and head of United Front Work Department of Dalian Municipal Committee, and general manager of China Urban and Rural Construction Development Company Limited (中國城鄉建設發展有限公司). During his tenure as deputy mayor of Dalian Municipal Government, Mr ZHANG was responsible for urban construction and management, including Dalian land resources and housing, urban and rural planning and construction, urban construction management, and etc. Mr ZHANG has extensive experience in urban and rural construction and real estate management. Mr ZHANG was appointed as an executive Director and Chief Executive Officer of the Company on 1 August 2018 and as chairman of the board of the Company on 11 July 2019. He currently serves as Chairman of the Board and executive Director of the Company. Mr ZHANG also serves as the co-chairman of the board and a non-executive director of Greentown Management (09979.HK).