Everbright Securities Company Limited 光大證券股份有限公司 (A Joint Stock Company Incorporated in the People’S Republic of China with Limited Liability) (Stock Code: 6178)

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Everbright Securities Company Limited 光大證券股份有限公司 (A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 6178)

NOMINATION OF CANDIDATES FOR THE DIRECTORS OF THE FIFTH SESSION OF THE BOARD OF DIRECTORS AND NOMINATION OF CANDIDATES FOR THE SUPERVISORS OF THE FIFTH SESSION OF THE SUPERVISORY COMMITTEE

The board (the “Board”) of directors (the “Directors”) of Everbright Securities Company Limited (the “Company”) hereby announces that in view of the requirements of the Articles of Association of the Company (the “Articles of Association”), the Board and the supervisory (the “Supervisors”) committee of the Company (the “Supervisory Committee”) proposed to carry out the re-election and appointment of their members. On August 29, 2017, the 31st meeting of the fourth session of the Board approved the resolution regarding the proposed nomination of Mr. Gao Yunlong, Mr. Ge Haijiao, Mr. Xue Feng, Mr. Ju Hao, Mr. Yin Lianchen, Mr. Chan Ming Kin, Mr. Xu Jingchang, Mr. Xiong Yan, Mr. Li Zheping and Mr. Au Sing Kun as the candidates for the Directors of the fifth session of the Board for election at the 2017 fourth extraordinary general meeting (the “EGM”). On August 29, 2017, the 17th meeting of the fourth session of the Supervisory Committee approved the resolution regarding the proposed nomination of Mr. Liu Jiping, Mr. Zhang Jingcai, Mr. Wang Hongyang, Mr. Zhu Wuxiang and Mr. Zhang Limin as the candidates for the Supervisors of the fifth session of the Supervisory Committee for election at the EGM.

I. Nomination of Candidates for the Directors of the Fifth Session of the Board

Pursuant to the consideration and approval by the remuneration, nomination and credentials committee of the Company and the consideration and approval at the 31st meeting of the fourth session of the Board held on August 29, 2017, the candidates for the Directors of the fifth session of the Board proposed and nominated by the Board are as follows:

• Mr. Gao Yunlong (non-executive Director)

• Mr. Ge Haijiao (non-executive Director)

• Mr. Xue Feng (executive Director)

• Mr. Ju Hao (non-executive Director)

• Mr. Yin Lianchen (non-executive Director)

1 • Mr. Chan Ming Kin (non-executive Director)

• Mr. Xu Jingchang (independent non-executive Director)

• Mr. Xiong Yan (independent non-executive Director)

• Mr. Li Zheping (independent non-executive Director)

• Mr. Au Sing Kun (independent non-executive Director)

The above candidates for the Directors of the fifth session of the Board will be considered and approved at the EGM to form the fifth session of the Board. The biographies of the above candidates for the Directors of the fifth session of the Board and other information related to their appointments are set out in the Appendix I to this announcement.

The Articles of Association provides that the Board shall comprise 13 members. After being considered and approved by the EGM, the aforesaid candidates for Directors shall form the fifth session of the Board and the three other candidates for Directors remain to be nominated in accordance with the relevant procedures. Following the expiry of the term of the current session of the Board on September 15, 2017, the relevant Directors shall continue to perform their duties before the candidates for the Directors being elected at the EGM and having obtained the relevant qualifications for their positions.

Except for Mr. Ju Hao, the aforementioned candidates for the Directors have obtained the qualifications for their positions in accordance with the Administrative Measures for Qualifications of Directors, Supervisors and Senior Management of Securities Companies (《證券公司董事、監事和高級管理人員任職資格監管辦法》 ). The qualification of the position of Mr. Ju Hao is subject to approval.

If appointed, the aforementioned proposed Directors will enter into Director’s service agreements with the Company, with their term of office commencing on the date when the resolutions on their respective appointments as Directors are approved at the EGM and ending on the expiry of the term of the fifth session of the Board, and they shall be eligible for re-election and re-appointment upon the expiry of the term. The remuneration of the executive Directors is determined by the remuneration system of the Company, and the remuneration, nomination and credentials committee of the Company is responsible for considering the annual performance-based compensation distribution plan of the management and submitting the same to the Board for final approval. The non-executive Directors do not receive remuneration from the Company. The annual remuneration of the independent non-executive Directors is expected to be RMB100,000 (tax exclusive).

2 To the best knowledge of the Directors and save as disclosed in this announcement, the aforementioned proposed Directors did not hold any directorship in the last three years in any other public companies, the securities of which are listed on any securities market in Hong Kong or overseas; and they do not have any relationship with any Director, Supervisor, senior management or substantial or controlling shareholder of the Company and their respective subsidiaries nor do they hold any position with the Company or any of its subsidiaries. None of the aforementioned proposed Directors has any interest in any shares of the Company or its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance (Cap. 571 of the laws of Hong Kong) as at the date of this announcement.

Save as disclosed in this announcement, the aforementioned proposed Directors have confirmed that there is no information that is required to be disclosed pursuant to the requirements set out in Rules 13.51(2) (h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”), nor is there any matter that needs to be brought to the attention of the shareholders of the Company. They have also confirmed that they have not been subject to any penalty by the China Securities Regulatory Commission (“CSRC”) or other related departments or punishment by any stock exchanges.

Mr. Xu Jingchang, Mr. Xiong Yan, Mr. Li Zheping and Mr. Au Sing Kun as candidates for independent non-executive Directors have confirmed their independence to the Company in accordance with Rule 3.13 of the Listing Rules. The Board is also of the view that each of them meets the independence guidelines set out in Rule 3.13 of the Listing Rules and is independent pursuant to the terms thereof.

II. Nomination of Candidates for the Supervisors of the Fifth Session of the Supervisory Committee

The Company convened the 17th meeting of the fourth session of the Supervisory Committee on August 29, 2017 at which the resolution regarding the election of members of the fifth session of the Supervisory Committee of the Company was considered and approved. Mr. Liu Jiping, Mr. Zhang Jingcai, Mr. Wang Hongyang, Mr. Zhu Wuxiang and Mr. Zhang Limin were nominated as candidates for the Supervisors of the fifth session of the Supervisory Committee and list of these candidates will be proposed to the EGM for consideration and approval.

The above candidates for the Supervisors for the fifth session of the Supervisory Committee will be considered and approved at the EGM. The biographies of the above candidates for the Supervisors for the fifth session of the Supervisory Committee and other information related to their appointments are set out in the Appendix II to this announcement.

The aforementioned candidates for the Supervisors have obtained the qualifications for their positions in accordance with the Administrative Measures for Qualifications of Directors, Supervisors and Senior Management of Securities Companies (《證券公司董事、監事和高級管理人員任職資格監管辦法》).

3 If appointed, the aforementioned proposed Supervisors will enter into service agreements with the Company, with their term of office commencing on the date when the resolutions on their respective appointments as Supervisors are approved at the EGM and ending on the expiry of the term of the fifth session of the Supervisory Committee, and they shall be eligible for re-election and re-appointment upon expiry of the term. The remuneration of the chief supervisor is determined in accordance with the remuneration system of the Company, and the remuneration, nomination and credentials committee of the Company is responsible for considering the annual performance-based compensation distribution plan of the management and submitting the same to the Board for final approval. The remuneration of the employee Supervisors is determined in accordance with the remuneration system of the Company, which is closely linked to the position and performance of the individual. The annual remuneration of the external Supervisors is expected to be RMB70,000 (tax exclusive).

To the best knowledge of the Directors and save as disclosed in this announcement, the aforementioned proposed Supervisors did not hold any directorship in the last three years in any other public companies, the securities of which are listed on any securities market in Hong Kong or overseas; and they do not have any relationship with any director, supervisor, senior management or substantial or controlling shareholder of the Company or their respective subsidiaries nor do they hold any position with the Company or any of its subsidiaries. None of the aforementioned proposed Supervisors has any interest in any shares of the Company or its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance (Cap.571 of the laws of Hong Kong) as at the date of this announcement.

Save as disclosed in this announcement, the aforementioned proposed Supervisors have confirmed that there is no information that is required to be disclosed pursuant to the requirements set out in Rules 13.51(2)(h) to (v) of the Listing Rules nor is there any matter that needs to be brought to the attention of the shareholders of the Company. They have also confirmed that they have not been subject to any penalty by the CSRC or other related departments or punishment by any stock exchanges.

III. EGM

The Company will convene the EGM relating to, among others, consider and approve (if thought fit) the resolutions relating to election of the Directors of the fifth session of the Board and election of the Supervisors of the fifth session of the Supervisory Committee.

The Company will dispatch the circular and the notice of meeting in relation to the EGM to the shareholders of the Company in due course.

By order of the Board Everbright Securities Company Limited Xue Feng Chairman, President

Shanghai, the PRC August 29, 2017

As at the date of this announcement, the Board comprises Mr. Gao Yunlong (Non-executive Director), Mr. Ge Haijiao (Non-executive Director), Mr. Xue Feng (Chairman, Executive Director, President), Mr. Yin Lianchen (Non-executive Director), Mr. Chan Ming Kin (Non-executive Director), Mr. Yang Guoping (Non-executive Director), Mr. Zhu Ning (Independent Non-executive Director), Mr. Xu Jingchang (Independent Non-executive Director), Mr. Xiong Yan (Independent Non-executive Director), Mr. Li Zheping (Independent Non-executive Director) and Mr. Au Sing Kun (Independent Non-executive Director). 4 Appendix I Biographies of the Candidates for Directors

Mr. Gao Yunlong, born in 1958, has been a non-executive Director of the Company since September 2014. Mr. Gao has been serving as the vice chairman and general manager of China Everbright Group Limited (“Everbright Group”) since July 2014, the vice chairman of China Everbright Bank Co., Ltd. (“Everbright Bank”) (a company listed on Shanghai Stock Exchange (“SSE’) and the Stock Exchanges respectively, stock codes: 601818 and 6818) since December 2014, a non-executive director and vice chairman of China Everbright Holdings Co., Ltd. since November 2016, a director of Sun Life Everbright Life Insurance Co., Ltd. since October 2014, and a master supervisor of the PBC School of Finance of Tsinghua University since April 2014. Mr. Gao served as the deputy mayor of Baise City of the Guangxi Zhuang Autonomous Region from October 2002 to May 2007, the vice chairman and chairman of the Guangxi Zhuang Autonomous Region’s regional committee of the China Democratic National Construction Association from September 2004 to December 2007. He served as the vice governor of Qinghai Province from December 2007 to November 2013, the chairman of the Qinghai provincial committee of the China Democratic National Construction Association from April 2009 to December 2014 and the chairman of the Beijing China National Democratic Construction Association since June 2017. He served as the chairman of China Everbright Industrial (Group) Co., Ltd. from January 2014 to January 2015. Mr. Gao was a member of the 11th and 12th Chinese People’s Political Consultative Conferences.

Mr. Gao graduated from the chemical technology department of East China Institute of Chemical Technology (currently known as East China University of Science and Technology) majoring in engineering in July 1982. He received a master’s degree in engineering from East China Institute of Chemical Technology in June 1985 and a doctorate in engineering from Tsinghua University in December 1989.

Mr. Ge Haijiao, born in 1971, holds the qualification of senior economist. He has been a non- executive Director since March 2017. Mr. Ge has served as a member of the party committee of Everbright Group since October 2016, a deputy general manager of Everbright Group since December 2016, a director and the chairman of China Everbright Industrial (Group) Co., Ltd. since January 2017 and head of Everbright Group Shanghai headquarter since June 2017. Mr. Ge was a clerk, secretary of office, assistant to the general manager, deputy general manager and the general manager of the international business department of Liaoning branch of Agricultural Bank of China Limited (the “Agricultural Bank of China”) and the secretary of the party committee and the governor of Liaoyang branch of Agricultural Bank of China from July 1993 to July 2005, a member of the party committee and a vice governor of Dalian branch of Agricultural Bank of China from July 2005 to April 2009, the general manager of Singapore branch of Agricultural Bank of China from April 2009 to October 2011, a deputy general manager (at the level of departmental general manager) of the international business department of the Agricultural Bank of China from October 2011 to March 2014, the deputy secretary of the party committee (in charge of works) of Heilongjiang branch of Agriculture Bank of China and an overseas senior management of Sydney branch of Agricultural Bank of China from March 2014 to May 2014, and the governor of Heilongjiang branch of Agricultural Bank of China and an overseas senior management of Sydney branch of Agricultural Bank of China from May 2014 to October 2016.

5 Mr. Ge received a bachelor’s degree in economics and a bachelor’s degree in law from Liaoning University in July 1993, a master’s degree in economics from Jilin University in June 1999, a master’s degree in management from Nanjing Agricultural University in November 2000 and a doctorate in management from Nanjing Agriculture University in December 2008.

Mr. Xue Feng, born in 1967, has been the president of the Company since January 2014 and the chairman of the Company since November 2016, and the deputy director of the Shanghai Headquarters of Everbright Group since June 2017. Mr. Xue is the member of remuneration, nomination and credentials committee and strategies and development committee of the Company. Mr. Xue has been the chairman of Everbright Securities Financial Holdings Limited since June 2014, the chairman of Everbright Easecreate Network Technology Co., Ltd. since August 2015, the chairman of Sun Hung Kai Financial Limited since July 2015, a director of China Securities Credit Investment Co., Ltd. since May 2015. Mr. Xue held various positions from April 1990 to October 2003, including deputy office supervisor of the Dalian branch of the People’s Bank of China, chief liaison for the Financial Times with the Dalian Journalist Station, deputy branch director of the Dalian Development Zone branch and vice director of Dalian Development Zone branch of the State Administration of Foreign Exchange of the PRC. He served as the director of general office and deputy director of the Dalian office of China Banking Regulatory Commission from October 2003 to June 2009 and deputy director of the general office of Everbright Group from June 2009 to November 2011. He also served as vice mayor of Jingmen City, Hubei Province from June 2010 to June 2011. Mr. Xue served as a vice president of the Company from June 2012 to January 2014, a vice chairman of the Company from September 2014 to November 2016. Mr. Xue served as the chairman of Everbright Fortune Investment Co., Ltd. from April 2014 to June 2015 and the chairman of Everbright Yunfu Internet Co., Ltd. from April 2015 to May 2016.

Mr. Xue received a bachelor’s degree in literature from Shandong University in July 1989, and a master’s degree and a doctorate in economics from Dongbei University of Finance and Economics in December 2007 and June 2011, respectively.

Mr. Ju Hao, born in 1959, holds the qualification of economist. Mr. Ju has been working with Central Huijin Investment Ltd. since July 2015. He has been a director of Everbright Group since June 2015 and a director of China Everbright Industry (Group) Co., Ltd. since September 2015. Mr. Ju successively served as a deputy director of corporate finance asset accounting regulatory management department (企業財務資產會計法規處) and general affairs department, and the director of the second division of the department of treaty and law of the Ministry of Finance from August 1989 to December 1995. Mr. Ju has successively served as a deputy director (director level), director of research division and assistant counsel of the economic department of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region from December 1995 to July 2002. He served as an assistant counsel of the department of treaty and law, deputy counsel of the education, science and culture division and counsel of the social security division of the Ministry of Finance from July 2002 to July 2015.

6 Mr. Yin Lianchen, born in 1966, has been a non-executive Director since September 2014. Mr. Yin is a member of risk management committee of the Company. Mr. Yin has been the chief investment officer and a member of the management decision committee of China Everbright Limited (“Everbright Limited”) (a company listed on the Stock Exchange, stock code: 165) since April 2012, an executive director and a member of the executive committee and the strategy committee of Everbright Limited since June 2017, and a supervisor of Everbright Bank since December 2014. Mr. Yin previously served as general manager of the human resources and general administrative department, director of the corporate planning and communications department, general manager of the insurance agency department and general manager of the corporate planning and communications department of Everbright Limited from April 2002 to May 2006. Mr. Yin worked as chief representative of America Moody KMV Company (China) from June 2006 to November 2007, vice president of Beijing Yangde Investment Co., Ltd. from November 2007 to April 2009, director of the general division of the general office of Everbright Group from April 2009 to March 2011 and assistant general manager and member of the management committee of Everbright Limited from March 2011 to March 2012.

Mr. Yin received a bachelor’s and a master’s degree in economics from Nankai University in July 1987 and June 1990, respectively.

As of the date of this announcement, Mr. Yin had personal interest of 26,000 shares of Everbright Limited and 160,000 shares of China Everbright International Limited (“Everbright International”) (a company listed on the Hong Kong Stock Exchange, stock code: 257). Everbright Limited and Everbright International are associated corporations of the Company.

Mr. Chan Ming Kin, born in 1969, has been a non-executive Director of the Company since November 2014. Mr. Chan is the member of audit committee and strategies and development committee of the Company. Mr. Chan joined Everbright Limited since December 2007 and now serves as its chief legal counsel and company secretary and is a member of its investment decision committee. Mr. Chan joined the Company in July 2008 and served as a Supervisor of the Company from July 2008 to October 2014. Mr. Chan is a Hong Kong lawyer with over 20 years of experience in private practice and as an in-house lawyer. Mr. Chan is also a senior fellow of the Institute of Chartered Secretaries and Administrators and the Hong Kong Institute of Chartered Secretaries.

Mr. Chan received a bachelor’s degree in law and the Postgraduate Certificate in Laws from The University of Hong Kong in December 1992 and June 1993, respectively, and a master’s degree in corporate governance from The Hong Kong Polytechnic University in October 2008.

Mr. Xu Jingchang, born in 1965, has been an independent non-executive Director since September 2014. Mr. Xu is the chairman of audit committee of the Company and the member of remuneration, nomination and credentials committee and strategies and development committee of the Company. He began working at the Renmin University of China in July 1997 and now serves as dean, professor and doctoral supervisor of the accounting department of the School of Business. Mr. Xu has been an independent director of Anhui Transport Consulting & Design Institute Company Limited (安徽省交通規劃設計研究總院股份有限公司)(a company listed on the SSE, stock code: 603357) since May 2017, an independent director of CITIC Heavy Industries Co.,Ltd (中信重工機械股份有限公司) (a company listed on SSE, stock code: 601608) since August 2017, an independent director of Sinochem International Corporation (a company listed on SSE, stock code: 600500) since May 2014 and an independent director of Hainan Airline Co., Ltd. (a company listed on SSE, stock code: 600221) since November 2016. Mr. Xu has been an executive member of the council of the Banking Accounting Society of China since May 2013 and a member of the council of the Accounting Society of China since January 2014. Mr. Xu was previously deputy dean of the accounting department of the School of Business of the Renmin University of China from September 2001 to June 2010. 7 Mr. Xu received a bachelor’s and master’s degree in economics from Anhui Commerce Institute (currently known as Anhui University of Finance) in July 1987 and January 1992, respectively, and a doctorate in economics from the Renmin University of China in June 1997.

Mr. Xiong Yan, born in 1956, has been an independent non-executive Director since September 2014. Mr. Xiong is the chairman of remuneration, nomination and credentials committee and the member of audit committee and strategies and development committee of the Company. Mr. Xiong has been the chairman of Beijing Guofu Capital Co., Ltd. since April 2015, an independent director of Beijing Watertek Information Technology Co., Ltd. (a company listed on the Shenzhen Stock Exchange (“SZSE”), stock code: 300324) since June 2010, vice chairman of the 3rd council of China Mergers and Acquisitions Association since September 2012, chairman of Zhongguancun Asia America Multi-Technology Association (AAMA) since June 2014. Mr. Xiong served as director, president and chairman of Beijing Property Rights Exchange Co., Ltd. from February 2004 to December 2013, chairman of Beijing Environment Exchange from August 2008 to January 2011, an independent director of Cachet Pharmaceutical Co., Ltd. (a company listed on SZSE, stock code: 002462) from September 2008 to September 2014, chairman of China Technology Exchange from August 2009 to June 2015 and chairman and president of Beijing Financial Assets Exchange from August 2010 to March 2015.

Mr. Xiong graduated with a major in radio engineering and received a master’s degree in engineering from Harbin Institute of Technology in July 1982 and December 1988, respectively.

Mr. Li Zheping, born in 1965, has been an independent non-executive Director since November 2014. Mr. Li is the member of audit committee and risk management committee of the Company. He has been editor-in-chief of the magazine “Modern Bankers” since August 2007 and an independent director of UBS SDIC Fund Management Co., Ltd. since August 2008. Mr. Li has also been an independent director of AVIC Securities Co., Ltd. since October 2009 and an independent director of Guangdong Nanyue Bank Co., Ltd. since July 2014. Mr. Li previously served as editor-in-chief of the theory edition of the “China Securities Journal” from April 1993 to August 1995, chairman of Tongxin Assets Appraisal Co., Ltd. from August 1995 to January 2005, and an independent non-executive director of China Citic Bank Co., Ltd. (a company listed on SSE and the Stock Exchange respectively, stock codes: 601998 and 998) from January 2009 to June 2016.

Mr. Li received a bachelor’s degree in economics from Shanxi Finance and Economics Institute (currently known as Shanxi University of Finance and Economics) in July 1986 and graduated from the monetary banking department of the Finance Research Institute of the Headquarters of the People’s Bank of China in January 1989.

Mr. Au Sing Kun, born in 1952, has been a non-executive Director since August 2016. Mr. Au has been a director of Nice International Investments Limited since December 2009 and an independent director of Shenzhen Expressway Company Limited (a company listed on SSE and the Stock Exchange respectively, stock codes: 600548 and 548) since January 2012. Mr. Au has many years of experience in international banking and risk management. He served as regional manager and manager of the credit department of HSBC (Hong Kong), president of Des Voeux Road West Branch, HSBC, Hong Kong, chief operating officer of HSBC (China), president of Shenzhen branch of HSBC and chief executive officer of HSBC (Macau) from 1978 to 2009, chairman of the Association of Shenzhen Foreign Financial Institutions from January 2002 to March 2005 and vice chairman of the Macau Association of Banks from January 2006 to August 2009.

Mr. Au received a bachelor’s degree in science from the University of Waterloo in Canada in May 1975 and a master’s degree in business administration from the University of Toronto in Canada in June 1977, respectively.

8 Appendix II Biographies of the Candidates for Supervisors

Mr. Liu Jiping, born in 1964, has been a chief Supervisor since June 2005. Mr. Liu served as a Director of the Company from September 2002 to June 2005. Mr. Liu served as a director of Everbright Group from June 2002 to December 2014, deputy director and director of the audit department of Everbright Group from February 2002 to May 2014. He also served as a supervisor of China Everbright Investment and Assets Management Co., Ltd. from December 2003 to July 2014, chief supervisor of Shanghai Everbright Convention & Exhibition Center Co., Ltd. from December 2004 to October 2006 and a director of Everbright Financial Holding Asset Management Co., Ltd. from September 2011 to July 2014. Mr. Liu has also served as deputy director and director of the investment and audit division of the National Audit Office of the PRC from February 1997 to September 2000.

Mr. Liu received a bachelor’s degree in engineering from Huainan Mining Institute (currently known as Anhui University of Science and Technology) in July 1986, a master’s degree in economics from Nankai University in January 1997 and a master’s degree in science from the University of Strathclyde in the United Kingdom in November 2001. Mr. Liu was certified as a Certified Information Systems Auditor (CISA) in November 2002, Certified Internal Auditor (CIA) in November 2003 and senior auditor in December 2003.

Mr. Zhang Jingcai, born in 1963, has been a Supervisor since August 2017. Mr. Zhang served as the general manager of the legal department of Everbright Group since March 2017. He served as the manager and assistant to the general manager of the credit department of the head office of Everbright Bank from August 1994 to December 1998, the general manager of the credit management department of the operation department of the head office of Everbright Bank from January 1999 to December 1999, the deputy general manager and general manager of the corporate business department of the head office of Everbright Bank from January 2000 to April 2003, the vice president and deputy secretary of the party committee of Dalian branch of Everbright Bank from April 2003 to August 2004, the director of the northern regional credit approval center of Everbright Bank from August 2004 to April 2006, the general manager of the credit approval department of the head office of Everbright Bank from April 2006 to March 2017.

Mr. Zhang received a bachelor’s degree in engineering and a master’s degree in engineering from Northern Jiaotong University (currently known as Beijing Jiaotong University) in July 1986 and April 1992 respectively. Mr. Zhang is a non-practising member of the Chinese Institute of Certified Public Accountants.

Mr. Wang Hongyang, born in 1977, has been a Supervisor since May 2017. Mr. Wang has been the vice chief financial officer of Everbright Limited since October 2016. He successively served as an associate, assistant manager, manager, senior manager and partner of KPMG Huazhen LLP from August 2001 to October 2016.

Mr. Wang received a bachelor’s degree in literature from Beijing Foreign Studies University. Mr. Wang is currently a non-practising member of the Chinese Institute of Certified Public Accountants.

9 Mr. Zhu Wuxiang, born in 1965, has been an external Supervisor since September 2014. He served as the chairman of the board of supervisors of Unisplendour Corporation Limited (a company listed on SZSE, stock code: 000938) from May 2002 to May 2015 and as a supervisor since May 2015. He has also served as a professor and doctoral supervisor of the department of finance of the School of Economics and Management of Tsinghua University since December 2002, an independent non-executive director of Beijing Properties (Holdings) Limited (a company listed on the Stock Exchange, stock code: 0925) since January 2011, an independent non-executive director of ZTE Corporation (a company listed on the SZSE and the Stock Exchange, respectively, stock codes: 000063 and 763) since March 2016, an independent director of China Fortune Land Development Co., Ltd. (a company listed on SSE, stock code: 600340) since December 2013, an independent non-executive director of Dong Xing Securities Co., Ltd. (a company listed on SSE, stock code: 601198) since May 2014, an independent non-executive director of China Cinda Asset Management Co., Ltd. (a company listed on the Stock Exchange, stock code: 01359) since October 2016. He served as an independent director of Rongxin Power Electronic Co., Ltd. (a company listed on SZSE, stock code: 002123) from June 2013 to December 2015 and an independent director of Offshore Oil Engineering Co., Ltd. (a company listed on SSE, stock code: 600583) from January 2014 to May 2016.

Mr. Zhu received a bachelor’s and a master’s degree in engineering and a doctorate in economics from Tsinghua University in Beijing in July 1987, December 1989 and January 2003, respectively.

Mr. Zhang Limin, born in 1955, has been an external Supervisor since September 2014. He has been an accounting professor at Beijing Jiaotong University since February 2009 and a member of the disciplinary committee of the Chinese Institute of Certified Public Accountants since December 2010. Mr. Zhang has been an independent director of Shenzhen Centralcon Investment Holdings Co., Ltd. (a company listed on SZSE, stock code: 000042) since October 2013, an independent director of Golden (Group) Co., Ltd. (a company listed on SSE, stock code: 600383) since April 2014 and an executive member of the China Audit Society since December 2014. Mr. Zhang was a professor at the Management School of Sun Yat-sen University from September 2001 to February 2009, vice chairman of the China Audit Society from January 2005 to December 2014, an independent director of Shenzhen Expressway Company Limited (a company listed on SSE and the Stock Exchange respectively, stock codes: 600548 and 548) from January 2009 to December 2014, an independent director of Tianjin Benefo Tejing Electric Co., Ltd. (a company listed on SSE, stock code: 600468) from April 2009 to March 2015 and an independent director of Guangzhou Hangxin Aviation Technology Co., Ltd. (a company listed on SZSE, stock code: 300424) from April 2015 to January 2016.

Mr. Zhang received a bachelor’s degree in finance, a master’s degree and a doctorate in economics from Tianjin Institute of Finance and Economics (currently known as Tianjin University of Finance and Economics) in July 1979, December 1982 and July 1992, respectively.