Mr. Youmin Xi has served as our independent director since March 2021. Mr. Xi is the executive president and board member of Xi'an Jiaotong-Liverpool University, pro-vice-chancellor of University of Liverpool, and a professor at the School of Management of Xi'an Jiaotong University. Mr. Xi is also a vice dean of Shanxi MBA College and an independent director of the board of ecMAX Brandtech.(Suzhou) Co., Ltd.,, an independent director of the board of Shanghai Qiyuan Technology Co., Ltd., an independent director of the board of Shanghai Youole Networks Co., Ltd. In 1987, Mr. Xi established HeXie theory and later extended it with his research team into the HeXie (Harmony) Management Theory, one widely recognized in academic circles in China. Mr. Xi gained his undergraduate degree in physics from Xi'an Science and Technology University and his masters in system engineering from Xi'an Jiaotong University.