Biographical Details of Directors and Senior Management

EXECUTIVE DIRECTORS

Mr. Xu Zhihao, aged 49, joined the Company in October 2024, is the Chairman and Chief Executive Officer of the Company. He has joined Zhejiang Geely Holding Group Co., Ltd. (“Geely Holding”) as the Chief Executive Officer of Geely Technology Group Co., Ltd. (“Geely Technology”) since 2017. From January 2021 to October 2022, Mr. Xu was the Chairman and an executive director of Lifan Technology (Group) Co., Ltd. (601777.SH). From June 2020 to June 2026, Mr. Xu was an independent non-executive director of Anhui Gujing Distillery Co., Ltd. (000596.SZ). Since 2020, Mr. Xu has been serving as the Chairman of Zhejiang Qianjiang Motorcycle Co., Ltd. (000913.SZ). He was awarded the National May 1st Labor Medal. Mr. Xu received his doctor’s degree from Singapore Management University in June 2024. He has obtained the PRC fund practitioner qualification and securities practitioner qualification. He is a senior economist.

Mr. Xu Bing, aged 44, joined the Company in October 2024, joined Geely Holding in 2005 and has nearly 20 years of experience in operations management in the automotive industry, mineral smelting and diversified industries. He had served as the senior manager of operations management of Geely Holding and the general manager of operations management of Geely Technology. Currently, he is the Vice President of Geely Technology, the director of Zhejiang Jingneng Microelectronics Co., Ltd., and the Chairman of Anhui Ruike Resource Recycling Technology Co., Ltd. Since May 2021, he has been serving as a director of Zhejiang Qianjiang Motorcycle Co., Ltd (000913.SZ).

Mr. Chen Shengjie, aged 42, joined the Company in October 2024, joined Geely Holding in 2010, and has served successively as the financial auditor of the internal control department at Geely Holding, the Chief Financial Officer of Mingtai Investment Development Group, and the senior director of the board of directors of Geely Holding. He currently serves as the Chief Financial Officer of Geely Technology and a director of Geely Baikuang Group Co., Ltd., as well as a director of Sichuan Aerofugia Technology Co., Ltd. and Zhejiang Geespace Technology Co., Ltd. Mr. Chen obtained his master’s degree from Zhejiang Gongshang University (浙江工商大學) in June 2015.

Ms. Gu Wenting , aged 39, joined the Company in October 2024, served as the Vice President of the Hong Kong stocks consumer goods sector of EJF Capital LCC from August 2012 to December 2015. From January 2016 to May 2022, she served as the executive partner and post-investment manager of Green Pine Capital Partners. Since July 2022, she has been serving as the Vice President of Geely Technology and the Vice Chairman of Sichuan Aerofugia Technology Co., Ltd., in charge of strategic investment and financing sector. Ms. Gu graduated from Guanghua School of Management of Peking University (北京大學光華管理學院) in June 2024.

INDEPENDENT NON-EXECUTIVE DIRECTORS

Mr. Huang Yongzhong (黃永忠先生), aged 57 , has been a veteran in the field of private equity and he has experiences in a number of internationally renowned investment institutions. Mr. Huang was the member of investment banking’s merger and acquisition team of Schroders from July 1995 to January 2000. After his departure from Schroders, Mr. Huang served as the Chief Representative in Shanghai of Merrill Lynch between March 2000 and October 2001, in which he was mainly responsible for the investment banking business in East Asia. Mr. Huang joined AIG Global Investment Group (“AIGGIC”) as the Chief Representative in Shanghai from November 2001 to October 2004, in which Mr. Huang was mainly responsible for the private equity investment businesses of AIG and the establishment of AIG’s first office in China. Mr. Huang currently serves as the founder of Juntong Investment Management (HK) Co., Ltd (君同資本管理（香港）有限公司) (“Juntong”), which is a private equity investment institution established in 2014, headquartered in Shanghai and Hong Kong. Before the establishment of Juntong, Mr. Huang also served as one of the Global Partners of Pantheon Ventures between December 2004 and June 2014, an international fund of funds institution, in which Mr. Huang was mainly responsible for the equity investments and transactions in the Asia-Pacific region.

Mr. Huang obtained his bachelor degree in finance from Shanghai University of Finance and Economics (上海財經大學) in July 1991 and completed his EMBA Programme of PBC School of Finance, Tsinghua University (清華大學五道口金融學院) in January 2018. 

Mr.Wang Baogang (王寶剛先生),aged 55, is a seasoned executive with extensive cross-industry experiences, having successfully adapted his skills to diverse sectors. Mr. Wang served as a General Manager at the Tianjin Economic-Technological Development Area Labor Services Corporation (天津開發區勞動服務總公司) from July 1992 to April 2002. He then worked as the Deputy General Manager in Tianjin Yuantian Breeding Co., Ltd. (天津市原田養殖有限公司) and as the General Manager of Tianjin Sunshine Xindi Investment Co., Ltd. (天津陽光鑫地投資有限公司), respectively, between May 2002 and October 2007. Mr. Wang was the Vice President and President of Northern Region of Shanghai Industrial Development Co., Ltd., a company which is listed on the Shanghai Stock Exchange (stock code: 600748.SH) from November 2007 to December 2010. Mr. Wang then joined Tianjin East Coast Construction Co., Ltd. (天津東岸建設有限公司) as the General Manager from January 2011 to December 2023. He also was the Chairman of a financial services company, Tianjin Yuwei Investment Co., Ltd. (天津昱煒投資有限公司). Mr. Wang is also a director of China Pacific Merchants Limited (維昌洋行有限公司) since June 2019 where he remains. Mr. Wang was appointed as the Deputy General Manager of Beijing Jinpeng Tianhang Freight Forwarding Co., Ltd. (北京金鵬天航貨運代理有限公司) and the representative of Xchange Logistics Corporation in China since July 2022. In October 2023, Mr. Wang was one of the founding partners who established the Hefei Xinkaihu Venture Capital Partnership (Limited Partnership) (合肥新開湖創業投資合夥企業（有限合夥）) where he still remains.

Mr. Wang obtained his bachelor degree in economics from Nankai University (南開大學) in July 1992 and completed the EMBA Programme of Cheung Kong Graduate School of Business (長江商學院) in September 2018. 

Dr. Wang Jiwei (王紀偉博士), aged 50, obtained his bachelor degree in economics from Xi’an Jiaotong University (西安交通大學) in July 1998 and completed his doctoral degree in accounting from Hong Kong University of Science and Technology in November 2003. Dr. Wang is also a Fellow of CPA Australia. Following the completion of his doctoral degree, Dr. Wang joined Singapore Management University (“SMU”) in July 2003 as an assistant professor of accounting and currently serves as a full professor of accounting. Dr. Wang was also responsible as the programme director of Master of Professional Accounting programme and Master of Science in Accounting (Data & Analytics) programme at SMU. He is currently the Associate Dean (Postgraduate Professional Programmes) at SMU. Meanwhile, Dr. Wang has been serving as an independent director of Zhejiang Qianjiang Motorcycle Co., Ltd, a company which is listed on the Shenzhen Stock Exchange (stock code: 000913.SZ), since May 2024 and an independent director of Farasis Energy (Gan Zhou) Co., Ltd., a company which is listed on the Shanghai Stock Exchange STAR Market (stock code: 688567.SS), since June 2022. Dr Wang was awarded with The Public Administration Medal (Bronze) by the President of the Republic of Singapore in 2022.  

SENIOR MANAGEMENT

Mr. Huang Jin Hong (‘‘Mr. Huang’’), aged 53, holds a Master’s degree in Computer Software Applications from Xi’an Jiaotong University. He joined Geely Technology Group in January 2023 as Vice President of the Group, overseeing the supply chain division of the Group and its subsidiaries. Prior to joining the Group, Mr. Huang served as Assistant to the President at Tianneng Holding Group and as Chief Operating Officer at Luster Lighttech Co, Ltd. He has over 20 years of extensive international and domestic management experience in procurement and supply chain, project management, and corporate operations.

Mr. Huang was the Vice President of the Company from November 2025 to May 2026, responsible for the establishment and management of the Company’s supply chain system, as well as the operation and management of SAM iron ore project. He has been re-designated as an executive director of SAM since June 2026.

Ms. Zhu Beini (‘‘Ms. Zhu’’), aged 36, holds a Bachelor’s degree in Inorganic Non-metallic Materials Engineering from Hefei University of Technology. Ms. Zhu has nearly fifteen years of experience in human resources. She previously served as the Director of the Cadre and Performance Department of Geely Holding Group and as the Deputy Chief Human Resources Officer of Geely Auto Group. She is currently the Chief Human Resources Officer and Assistant to the President of Geely Technology Group, the Chairman of Joma Co., Ltd., and a director of Sichuan Aerofugia Technology Co., Ltd. Ms. Zhu joined the Company in November 2025 and serves as the Chief Human Resources Officer of the Company.

Mr. Li Yat Ming, aged 45, , holds a Bachelor of Arts (Honours) in Accountancy from The Hong Kong Polytechnic University and a Postgraduate Certificate in Corporate Compliance from The University of Hong Kong School of Professional and Continuing Education. He is a Fellow of the Hong Kong Institute of Certified Public Accountants and Affiliate of the Society of Chinese Accountants & Auditors. Mr. Li is also a member of Hong Kong Securities and Investment Institute and the Hong Kong Investor Relations Association. Mr. Li has over 20 years of experience in accounting, auditing, financial management, taxation and company secretarial fields with various accounting firms including an international accounting firm and a company listed in the main board of The Stock Exchange of Hong Kong. He joined the Company as Chief Financial Officer and Company Secretary in May 2025.

Mr. Jin Yongshi, aged 45, holds a Bachelor’s degree in Mineral Processing Engineering and a Master’s degree in Ferrous Metallurgy Engineering from the School of Mineral Processing and Bioengineering of Central South University in China. Mr. Jin has over 15 years experience in participating varieties of mine projects in China and abroad. Prior to joining the Group, he worked in China ENFI Engineering Corporation (formerly China Nonferrous Engineering and Research Institute) as a design manager of mine projects and also a senior engineer in Mineral Processing, he once provided consulting and engineering design service for lots of large-scale mine projects. Moreover, Mr. Jin also has extensive experience in purchasing worldwide mine properties, he once worked as a technical adviser for a Chinese listed company which was involved in international mine business. He joined the Company in March 2014 and since March 2015, Mr. Jin became an executive director of SAM.