Qingyang Gu

Dr. Qingyang Gu has been serving as our independent director since March 2023. He has over 30 years of experience in economics and public
policy. Dr. Gu has been an associate professor of the Lee Kuan Yew School of Public Policy of the National University of Singapore since August 2009,
where he conducts lectures on the Chinese economy, economics of the public sector and urban development. He was an Assistant Professor at the
Nanyang Technological University of Singapore from July 2001 to July 2009, where he taught mathematical economics, microeconomics and
macroeconomics and cost-benefit analysis and undertook research work relating to the Chinese economy, econometric modelling, reform of state-owned
enterprises and international trade and finance. He carried out research on the Chinese economy, Singapore public policy and urban development from
June 1997 to July 2001 as a research officer in the East Asian Institute of the National University of Singapore. He has been the chairman of Nominating
and Remuneration Committee and an independent director of the Sasseur Asset Management Pte Ltd, a real estate investment trust listed on the
Singapore Exchange (SGX:CRPU) since November 2017. He has been serving as a non-executive director of PCI-Suntek Technology Co Ltd, a
company listed on the Shanghai Stock Exchange (stock code: 600728), since July 2019.

Dr. Gu obtained his bachelor degree in mathematics from Human Normal University in 1982, his master degree in economics of eduction from
Peking University 1988 and his PhD in economics from Nanyang Technological University in 2002.