Executive directors:

Mr. Li Xiaoyu, born in June 1966, a professor level senior engineer, currently serves as the chairman, the chairman of the Strategy and Investment Committee, a member of the Nomination Committee under the Board of the Company, and the chairman, the Party Secretary and the general manager of YTO. Mr. Li also concurrently serves as the deputy chairman of the Sinomach Capital Holdings Company Limited and a supervisor of Sinomach Science and Technology Research Institute Co., Ltd (國機集團科學技術研究院有限公司). Mr. Li served as head of the Equipment Manufacturing Department, deputy dean of the Central Research Institute, head of the Capital Operation Department and head of the Strategic Investment Department (the Technology Development Department and the Military Engineering Management Office) of China National Machinery Industry Corporation, deputy general manager, temporary Party Secretary and temporary Secretary of the Discipline Inspection Commission of Sinomach Science and Technology Research Institute Co., Ltd as well as chairman of the Board of Supervisors of China National Erzhong Group Company. Mr. Li studied in Huazhong Institute of Technology. Mr. Li has extensive experience in capital operation, strategic planning, machinery manufacturing and cadre management.

Mr. Cai Jibo, born in November 1969, a senior engineer and senior international business operator entitled to a special allowance provided by the State Council, currently serves as s a vice chairman , a member of the Strategy and Investment Committee and a member of Remuneration Committee under the Board of the Company. Mr. Cai served as the general manager of SUMEC Hardware & Tools Co., Ltd., vice general manager of China Jiangsu Machinery Equipment Import & Export Corporation; a director, the general manager and the deputy Party secretary of SUMEC Group Corporation; and a director, the general manager and the deputy Party secretary of SUMEC Corporation Limited (SH600710). Mr. Cai successively studied at Jiangsu Institute of Technology and Jiangsu University and obtained a bachelor degree in engineering and a doctorate in management therefrom respectively. Mr. Cai has rich experience in business administration and foreign trade.

Mr. Wu Yong, born in April 1963, a senior economist, and currently serves as an executive director of the Company. Mr. Wu joined YTO in 1987, and served as the Party Secretary, the Secretary of the Discipline Inspection Commission and the general manager of the Company, and a member of the Standing Committee of the Communist Party, a deputy general manager, and the Secretary of the Discipline Inspection Commission of YTO. Mr. Wu studied in Henan University of Economics and Law and Hong Kong Polytechnic University with a master degree of science. Mr. Wu has extensive experience in business operation, human resource management and strategic planning.

Mr. Liu Jiguo, born in December 1964, a professor level senior engineer and currently serves as an executive director, a member of the Strategy and Investment Committee under the Board and the general manager of the Company. Mr. Liu joined YTO in 1987, and served as the General Manager Assistant, Deputy General Manager and Safety Director of YTO, and Deputy General Manager, General Manager and Director of the Company. Mr. Liu graduated from Northeast Heavy Machinery College and Jiangsu University with a Bachelor degree in Engineering and a Master degree in Engineering. Mr. Liu has extensive experience in corporate management, production and management and financial operation.

Non-executive directors:

Mr. Li Hepeng, born in March 1954, a senior engineer, currently serves as a non-executive director, a member of the Remuneration Committee under the Board of the Company, a director of the Sinomach Jinggong Company Limited, Bearing Science & Technology Co., Ltd. and YTO. Mr. Li served as a deputy director and the director of the Tianjin Institute of Mechanical Engineering, the president and Party Secretary of Tianjin Research Institute of Mechanical Engineering, the general manager and Party Secretary of China Mechanical Engineering Corporation, the Party Secretary and a deputy chairman of China Sinomach Heavy Industry Corporation Limited, and a director of Zhengzhou Institute of Abrasives Grinding. Mr. Li studied in Tianjin Open University and Tianjin University Postgraduate Course in Business Administration. Mr. Li has extensive experience in corporate management, scientific research management, hydraulic transmission, etc.

Mr. Xie Donggang, born in November 1956, a researcher level senior engineer, currently serves as a non-executive director, a member of the Strategy and Investment Committee under the Board of the Company, and a director of YTO. Mr. Xie also concurrently serves as a director of China National Erzhong Factory and Lanpec Technologies Limited and the chairman of Tianjin Research Institute of Electric Science Co., Ltd and an executive director of China-Belarus Industrial Park Development Co., Ltd. Mr. Xie served as a deputy director, the director and Party Secretary of Xi’an Institute of Heavy Machinery, the president and Party Secretary of China National Heavy Machinery Research Institute, and the chairman, the Party Secretary and the general manager of China National Heavy Machinery Research Institute Company Limited. Mr. Xie studied in Northeast Heavy Machinery College and Chongqing University with a Master’s degree in engineering. Mr. Xie has extensive experience in operation management, and metallurgical machinery design.

Mr. Zhou Honghai, born in March 1972, a senior political worker, currently serves as a non-executive director, a member of the Audit Committee of the Board of the Company and a director of YTO, and the secretary of Party general branch, the chairman and general manager of Luoyang State Owned Assets Management Co., Ltd (洛陽市國資國有資產經營有限公司). Mr. Zhou served as the head of the president office of ChunDu Group (春都集團), a deputy Party Secretary (in charge of the general affairs of the Party Committee) of Xuangong Hotel (旋宮大廈) in Luoyang, a deputy Party Secretary and a deputy general manager of Luoyang Baiwei Group (洛陽百味集團), a deputy head (taking charge of work) of the administration department of Luoyang Mining Group (洛陽礦業集團), and the head of corporate management department of Luoyang Guohong Investment Group (洛陽國宏投資集團). Mr. Zhou studied in Henan University and holds a master’s degree. Mr. Zhou has extensive experience in corporate restructuring and corporate management.

Independent non-executive directors:

Ms. Yang Minli, born in October 1965, currently serves as an independent non-executive director, the chairman of the Nomination Committee and a member of the strategy and Investment Committee under the Board of the Company, and a professor and doctoral tutor of the College of Engineering of China Agricultural University. Ms. Yang also concurrently serves as an adjunct professor at Northwest Agriculture and Forestry University, a director of Centre for Sustainable Agricultural Mechanization of the United Nations, a standing director of Chinese Society for Agricultural Machinery, the chairman and secretary-general of Agricultural Mechanization Branch, a director of Chinese Society of Agricultural Engineering, a standing director of Agricultural Equipment and Engineering Technology Branch of China Agro-technological Extension Association, a member of American Association of Agricultural and Biological Engineering and the Foreign Agricultural and Engineering Association, an expert of the Sugarcane Machinery Committee of National Agriculture Standardization Technical Committee of the Ministry of Agriculture and the committee of experts of Agricultural Machinery Promotion (Supervision) Master Station of the Ministry of Agriculture. Ms. Yang has extensive experience in agricultural machinery planning.

Ms. Wang Yuru, born in September 1954, a professor, currently serves as an independent non-executive director, a member of the Nomination Committee and Remuneration Committee under the Board of the Company, and a professor and PhD tutor at the School of Economics of Nankai University. Ms. Wang also concurrently serves as a director of the Tianjin Chapter of Western Returned Scholars Association, a consultant of the Corporate History Chapter of Chinese Business History Society (中國商業史學會), a director of Chinese Economic History Society and a deputy head of the Professional Committee on Modern Economic History (近代經濟史專業委員會). Ms. Wang graduated from Nankai University and did research in Sophia University, Waseda University and Hitotsubashi University in Japan. Ms. Wang has been engaged in the studies on Chinese economic development, financial history and business history for years and is familiar with economics, finance and corporate management.

Mr. Edmund Sit, born in November 1963, is a fellow of both the Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants in the United Kingdom. In addition, Mr. Sit is also a member of Association of International Certified Financial Consultants and an associate member of Society of Chinese Accountants & Auditors. Mr. Sit currently serves as an independent non-executive director of the Company, the chairman of the Audit Committee and a member of the Remuneration Committee of the Board. Mr. Sit has over 30 years’ experience in auditing, finance, management accounting, personnel management, corporate finance, company secretary and listing. Mr. Sit graduated from Hong Kong Baptist University and holds a bachelor’s degree (merit) and master’s degree of business administration. He has worked for KPMG, Ernst & Young, System Pro Uarco Business Forms Ltd, Logo S.A., Xiang Lu Industries Ltd, Chubb Hong Kong Ltd, Johnson Controls Hong Kong Ltd, C & C Joint Printing Co., (HK) Ltd and Sino Fame International Group (譽中國際集團). Mr. Sit had also worked for the following listed companies: Tianneng Power International Limited (HKEX 0819), Beijing Media Corporation Limited (HKEX 1000), SMI Holdings Group Limited (HKEX 0198), Wong’s International Holdings Limited (HKEX 0099) and Beijing Gas Blue Sky Holdings Limited (HKEX 6828).

Special committee

1.Strategy and investment committee

Chairman: Li Xiaoyu

Members: Cai Jibo, Liu Jiguo, Xie Donggang, Yang Minli

2.Audit committee

Chairman: Edmund Sit

Members:  Zhou Honghai, Wang Yuru

3.Nomination committee

Chairman: Yang Minli

Members: Li Xiaoyu, Wang Yuru

4.Remuneration committee

Chairman: Edmund Sit

Members: Cai jibo, Li Hepeng, Wang Yuru, Yang minli