The Company has established an Executive Committee as the highest power and decision-making body of the Group at the level of operation and management. The primary duties of the Executive Committee are (i) to hear reports of significant events from various departments and functional units, (ii) to formulate and implement significant strategies and policies as well as make significant decisions for the Group, including but not limited to structure planning, significant investment and performance targets of the Group, and (iii) to authorize a member or members to exercise specific and decision-making events of Group's operation and management. [...] The Executive Committee comprises three executive Directors, namely Mr. Bao Fan, Mr. Xie Yi Jing, Mr. Wang Lixing, and five additional members of senior management of the Company, namely Mr. Cong Lin, Mr. Cui Qiang, Mr. Lam Ka Cheong, Ms. Chen Yang and Mr. Liu Wei. Mr. Bao Fan is the chairman of the Executive Committee. [...] During the year ended December 31, 2021, three Executive Committee meetings were held. The main resolution considered and approved in the meetings include (i) making significant strategies for the Group, and (ii) hearing to reports of significant events from various departments and functional units.