Ms. Yan has been our Director and Chairman of the Board of Directors since our incorporation. She was fully responsible for the operation and management of the whole business. She was an active investor in several emerging companies in China. Ms. Yan also had experience in textile industry for more than ten years. Mrs. Caifen Yan is the president of the Jiangsu Chamber of Commerce and Industry in Philippine, she is also the vice president of Zhejiang Chamber of Commerce in Philippines and director of Manufacturers’ Association Bulacan.

Mr. Yan has been our Chief Executive Officer since our incorporation. He led the management of the company, setting and achieving the company’s business goals, ensuring the stability of the supply and the safety of production operations. His work included budget management, team management, business development and sales, R&D, and product quality assurance and delivery. Mr. Yan is vice president of the Jiangsu Chamber of Commerce and Industry in Philippines. He earned a bachelor’s degree in accounting from Nanjing University.

Mr. Lee is our independent director nominee. Mr. Lee was appointed as the chairman of the board of Travellers Insurance & Surety Corporation since 2013. He is also the chairman and chief executive officer of the Premier Life and General Assurance Corporation, and chairman of Cedar Rapids Insurance and Reinsurance. Mr. Lee received his Bachelor’s degree of Science in Mechanical Engineering from De La Salle University in 1981.

Mr. Lim is our independent director nominee. Mr. Lim has extensive experience in auditing and advisory for companies listed in the United States. He has been engaging in this profession for more than 20 years, and is familiar with the SEC regulations and listing rules, as well as US GAAP. He is currently the Chief Financial Officer of Kandi Technologies, Corp. that is an electric vehicle and battery manufacturer listed in Nasdaq (NASDAQ GS: KNDI), as well as the Independent Director of Jiuzi Holdings, Inc. (NASDAQ: JZXN). Prior to that, he served as the Chief Financial Officer of Takung Art Co., Ltd. (NYSE MKT: TKAT) from 2019 to 2020. During 2013 to 2019, he was the Managing Director of a US-based financial consulting firm and was mainly responsible for overseeing SEC reporting, GAAP technical consultation, financial statement audit preparation, due diligence and internal controls compliance services. He has overseen and completed multiple listing applications in United States for Chinese and Hong Kong companies in the industries of fintech, consumer services, e-commerce, manufacturing, energy, film and television entertainment and agriculture, etc. (through Forms S-1 and F-1, SPAC and Form 10 reverse merger transactions), and managed multiple projects for US GAAP consulting, SOX 404, pre-audit process, SEC financial reporting, development of financial forecasting models, and due diligence for IPO and M&A transactions. He received his Bachelor’s degree of Economics & Accounting from University of California, Santa Barbara.

Mr. Zhang is our independent director nominee. Mr. ZHANG was the Chief Financial Officer and Director of Jiuzi Holdings Inc (Nasdaq: JZXN) from August 2020 to August 2024. Prior to joining Jiuzi Hoildings, Inc., he served as the Executive Director of Shanghai Qianzhe Consulting Co., Ltd, where he was mainly responsible for overseas M&A projects, and follow-on investments and management of newly formed financial holding groups. From June 2013 to January 2019, he served as the Deputy General Manager of Tebon Innovation Capital Co., Ltd, where he was responsible for business development and asset management. From May 2012 to May 2013, he was the Senior Manager of the Investment Department at Sanhua Holding Group, during which he was in charge of overseas M&A projects, new financial investments, and post-investment management. From May 2010 to May 2012, Mr. ZHANG was the Investment & Asset Management Supervisor at China Calxon Group Co., Ltd.’s Capital Management Centre. He handled private placement of newly listed companies, took charge of other capital market financing access, and reviewed and appraised operating investment projects. From August 2006 to May 2010, he served as the Assistant Manager of the Investment Banking Department of KPMG Advisory (China) Limited, where he engaged in several auditing and financial advisory projects, which included public-listed companies and IPO projects. Mr. ZHANG earned an MBA degree from the University of Birmingham in 2005, a Master of Science in Finance with honors from Leeds Metropolitan University in 2004, and a Bachelor’s Degree in Economy from Zhejiang University of Technology in 2003.