Brief introduction of experts in Zheng Peimin

He has worked in Beijing Representative Office of Credit Suisse Bank, Oriental Bank (Jiahui Asia Merchants Bank Indosuez W. I.Carr), Investment Banking Department of China PICC Trust and Investment Company, Shenzhen Sunshine Fund Management Co., Ltd. and other institutions, engaged in securities research and IPO, M & amp; A-level works;

Since 1998, Shanghai Zheng Rong Investment Consulting Co., Ltd. has been established and served as the chairman.

Mr. Zheng Peimin has more than 10 years of relevant working experience in the securities and finance industry, is familiar with the capital market, is good at corporate governance, equity incentives and mergers and acquisitions of listed companies, and is familiar with relevant laws and regulations, operations and government relations. Since 1999, he has participated in the research and drafting of laws and regulations related to equity incentive in the State Council Development Research Center, China Securities Regulatory Commission and State-owned Assets Supervision and Administration Commission.

Established ten years ago, Zheng Rong Consulting has become a well-known investment bank boutique in China, and has the securities consulting qualification granted by China Securities Regulatory Commission. He is also a full member of China Securities Association, specializing in various innovative investment banking businesses underwritten by non-public offering, including but not limited to private placement, mergers and acquisitions, equity incentives, etc. Especially in the "equity incentive" business, it is recognized as the first brand in the industry.

Since the relevant policies of China Securities Regulatory Commission and the State Council State-owned Assets Supervision and Administration Commission were issued, Zheng Rong has been employed by nearly 40 A-share listed companies to provide design consulting services for standardizing equity incentive plans, and eight listed companies have announced plans or formally implemented them under the guidance of Zheng Rong. At the same time, "Zheng Rong" also emerged in the innovative business of mergers and acquisitions, providing professional financial advisory services for mergers and acquisitions such as Guangfa's backdoor "Yanbian Highway" and Yihua Group's acquisition of "S Optoelectronics".

Some social positions of Mr. Zheng Peimin are as follows:

—— Teacher of School of Economics and Management, Shanghai Jiaotong University, alumnus examiner and off-campus tutor of MBA entrance interview of Tsinghua University School of Economics and Management;

—— Director of IT Finance Committee of Tsinghua University Shanghai Alumni Association, Director and Secretary General of Shanghai Alumni Branch of School of Economics and Management;

-Member of Shanghai Young Entrepreneurs Association;

—— Member of the Analyst Committee of China Securities Industry Association;

-He used to be an independent director of Liaoning Times (SH.60024 1) and Black Peony (SH.6005 10), and now he still serves as "Dongfang Electric" (SH.600707, HK. 1072, a central enterprise) and ".

—— Independent director of Tianyuan Securities Co., Ltd. (controlled by China Southern Airlines Group, a central enterprise), an unlisted brokerage firm;

—— Independent director of Yalu Clothing Co., Ltd., a company to be listed;