Mr. Shi Wang is the Honorary Chairman of the Board of Directors of Vanke Co., Ltd (“Vanke”) and the President of Vanke Public Welfare Foundation. Mr. Wang had been the Chairman of the Board of Directors of Vanke and its predecessor for about 30 years prior to his resignation in June 2017. In 1984, Mr. Wang founded the Shenzhen Exhibition Center of Modern Science and Education Equipment, which is the predecessor of Vanke. Mr. Wang is the Executive Manager of the China Real Estate Association and is Deputy Director of the City Housing Development Council of the China Real Estate Association.