Mr. Chen Hongni (陳弘倪), aged 37, was appointed as our executive Director and chief executive officer on May 21, 2020. He has been our president since January 2019 and is primarily responsible for overseeing the overall business management and operations of the property projects of the Group. He is also a director of our various subsidiaries. Mr. Chen Hongni is the son of Mr. Chen, our founder, a Controlling Shareholder, an executive Director and the chairman of our Board.He has over seven years of experience in the PRC real estate industry. He joined our Group in November 2012 as the general manager of the hotel management company of Xiangsheng Industrial Group, where he was responsible for overseeing the overall operations of the hotels. From November 2014 to December 2017, Mr. Chen served as the chairman of our branch company in Zhuji City, where he was responsible for overseeing the operations and management of our project companies in Zhuji area. From December 2017 to January 2019, he served as the executive president of Shinsun Property, where he assisted the president in the overall business management of Shinsun Property. Since July 2016, Mr. Chen has served as the vice chairman of the Zhuji Young Entrepreneurs Association (諸暨市新生代企業家協會) of the Zhuji province in the PRC. Mr. Chen obtained a bachelor’s degree in general studies (business management) from Fort Hays State University in the United States in May 2010.