Mr. Li, aged 58, was re-designated as an executive director, chairman of the Board, chief executive officer of the Company on 31 January 2019.

Mr. Li has extensive experience in construction planning, design, real estate and commercial properties. Mr. Li obtained his Master’s degree in Architecture from Xi’an Institute of Metallurgy and Construction Engineering (now renamed as Xi’an University of Architecture and Technology). In addition, Mr. Li obtained his certificate of completion from Ontario Real Estate College（安大略省房地產學院）in Canada. Since 1985, Mr. Li has been engaging in architecture teaching, architecture study and design work. Since 2002, Mr. Li successively joined Homelife (Canada) and RE/MAX (Canada), offering consultancy services on residential and commercial property investments. Mr. Li joined the Company in early 2009 as the chief design officer. Since 2011, Mr. Li has served as the director of Richly Field (Beijing) Investment Consulting Co., Ltd*（裕田幸福城（北京）投資顧問有限公司）, is the wholly owned subsidiary of the Company.