Non-executive Director

Weiqiang Li was appointed as Non-executive Director of the Company on March 31, 2022. Mr. Li is the executive vice general manager of Poly Culture Group Corporation Limited (“Poly Culture”), the shares of which are listed on the main board of The Stock Exchange of Hong Kong Limited (stock code: 3636). He was an executive director of Poly Culture from 21 June 2019 to 2 November 2021. Poly Culture is interested in 532,360,000 shares in the Company. Mr. Li presently serves as the chairman of Poly Film Investment Corporation Limited, Shenzhen Poly Art Square Operations Management Co., Ltd. and Shenzhen Poly Culture Development Co., Ltd., a director of Beijing Poly Theatre Management Corporation Limited and the chairman of Hainan International Culture and Artworks Exchange Co., Ltd. (海南國際文化藝術品交易中心股份有限公司), and a non-executive director of Straco Corporation Limited (新加坡星雅集團), the shares of which are listed on Singapore Exchange Limited (trading code: S85.SG).

Mr. Li is a senior economist and has extensive experience in corporate management and strategy research. He obtained a master’s degree in economics from the Department of Postgraduates of Beijing College of Commerce (北京商學院), majoring in business administration in 1997 and a doctoral degree in management from University of International Business and Economics Business School (對外經濟貿易大學國際商學院), majoring in business administration in 2014.