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Mr. WU Xiaoqiu

Mr. WU Xiaoqiu,serves as an independent non-executive Director. Mr. Wu joined the Company in 2012 and was appointed as a Director on 20 June 2012. He also serves as a professor of the School of Finance, chairman of the Finance and Securities Research Institute of Renmin University of China, and independent director of UFIDA Software Co., Ltd, and independent director of Industrial Securities. Mr. Wu previously worked as teaching assistant, lecturer, associate professor, professor and head of the Institute of Economic Research of Renmin University of China from July 1986 to September 1994; professor and doctoral supervisor of the School of Finance of Renmin University of China from October 1994 to June 2002; chairman of the Finance and Securities Research Institute of Renmin University of China since July 1994. Mr. Wu obtained a bachelor’s degree in National Economic Planning and Management in July 1983 from Jiangxi University of Finance and Economics; a master’s degree in National Economic Planning and Management in July 1986 from Renmin University of China; and a Ph.D. degree in National Economic Management in July 1990 from School of Economic Management of Renmin University of China.