LIU Chunlin, male, born in 1967, master’s degree and is a senior accountant. He previously served as Deputy Director of the Finance Department of Inner Mongolia Yitai Group Co., Ltd.; Director of the Finance Department, Financial Controller, Deputy General Manager, and Director of Inner Mongolia Yitai Coal Co., Ltd.; Director of Yitai Share (HongKong) Co., Limited; Deputy Chief Accountant, Chief Accountant, and Vice President of Inner Mongolia Yitai Group Co., Ltd.; Chief Accountant of Yitai Investment. He currently serves as Director of Yitai Group (HongKong)Co., Limited, and Inner Mongolia Yitai Investment Co., Ltd.; Chairman and President of Inner Mongolia Yitai Group Co., Ltd. From July 24, 2025 to present, he serves as Director of Shandong Xinchao EnergyCo., Ltd.

ZHANG Jingquan, male, born in 1970, master’s degree. He previously served as Manager of the Guangzhou Sales Branch and South China Sales Branch of the Operation Department of Inner Mongolia Yitai Coal Co., Ltd.; Deputy Manager of the Operation Department of Inner Mongolia Yitai Coal Co., Ltd.; Director of the Operation Department of Inner Mongolia Yitai Group Co., Ltd.; Deputy General Manager of Zhongke Synthetic Oil Technology Co., Ltd.; Deputy General Manager of Yitai Yili Energy Co., Ltd.; Chairman and General Manager of Yitai Xinjiang Energy Co., Ltd.; General Manager of Inner Mongolia Yitai Coal Co., Ltd.; Chairman and General Manager of Inner Mongolia Yitai Chemical Co., Ltd.; Vice President of Inner Mongolia Yitai Group Co., Ltd. He currently serves as Chairman and General Manager of Inner Mongolia Yitai Coal Co., Ltd., and Director of Inner Mongolia Yitai Investment Co., Ltd., Inner Mongolia Yitai Group Co., Ltd., and Yitai Share (HongKong) Co., Limited. From July 24, 2025 to present, he serves as Director of Shandong Xinchao EnergyCo., Ltd.

LIAN Tao, male, born in 1977, master’s degree. He is a Fellow Member of CPA Australia (FCPA Australia), a member of the Institute of Singapore Chartered Accountants (ISCA), a Senior Member of the Society of Trust and Estate Practitioners (TEP), a member of the Association of International Accountants (AAIA), and a Member of the Chartered Institute of Arbitrators (MCIArb). He previously served as Accountant at North China Power Group Corporation; Investment Management and Legal Affairs Supervisor at Beijing CapitalBio Corporation Limited; General Manager of the Legal Department and Senior Manager of the Asset Management Center at Sunsco China Holdings Limited; Legal Director at Vtion Wireless Technology AG; Deputy Chief Accountant of Inner Mongolia Yitai Group Co., Ltd.; Deputy General Manager and Board Secretary (Joint Company Secretary) of Inner Mongolia Yitai Coal Co., Ltd.; Senior Vice President of Youpin Wealth Management Co., Ltd. From May to July 2025, he worked at Inner Mongolia Yitai Group Co., Ltd. From July 24, 2025 to present, he has successively served as Director, Board Secretary, and Deputy General Manager of Shandong Xinchao EnergyCo., Ltd.

ZHANG Xiuwen, male, born in 1979, master’s degree and is a Chinese Certified Public Accountant and a Certified Internal Auditor in the United States. He previously worked in financial positions at China Huadian Engineering Co., Ltd., Hanergy Holding Group Co., Ltd., and Dongpu (Beijing) Education Consulting Co., Ltd. He served as Assistant Manager of the Financial Management Department of Huineng Holdings Group Co., Ltd., Financial Officer of Beijing Huineng Haitou New Energy Development Co., Ltd., and Financial Officer of Zhongnong Mineral Resources Exploration Co., Ltd. He currently serves as Director of Beijing Huihai Yangfan Trading Co., Ltd., Financial Director of Asia Potash International Investment (Guangzhou) Co., Ltd., Financial Officer of Asia Potash (Beijing) International Potash Development Co., Ltd., and Financial Officer of Beijing Nongjia Potash Resources Technology Co., Ltd. From July 24, 2025 to present, he serves as Director of Shandong Xinchao Energy Co., Ltd.

Linhua Guan, male, born in 1971, American nationality. He holds a bachelor’s degree in Well Logging and a master’s degree in Geology from China University of Petroleum, a master’s degree in Petroleum Engineering from Texas A&M University, and a master’s degree in Business Administration from Rice University. He previously worked at PetroChina, Chevron Corporation, and Equinor (Statoil), and served as President of Statoil’s Asian Technology Company, Strategy Manager, M&A Manager, and Senior Engineer. As a registered petroleum engineer in Texas, he also served on the technical and management committees of several U.S. petroleum industry associations. From February 27, 2023 to July 24, 2025, he served as Director of Shandong Xinchao Energy Co., Ltd. From November 24, 2025 to present, he serves as Employee Director of Shandong Xinchao EnergyCo., Ltd.

XIE Xianghua, male, born in 1963, master’s degree. He previously served as a teacher at the Department of Economic Management of Inner Mongolia Economic Management Cadre College; Deputy Director and Director of the Training Department of Inner Mongolia Finance College; Independent Director of Inner Mongolia Yitai Coal Co., Ltd. (from 2007 to 2013); Professor at the School of Continuing Education of Inner Mongolia University of Finance and Economics; Professor at the School of Resources and Environmental Economics of Inner Mongolia University of Finance and Economics; Professor (Member) of the Expert Committee of Inner Mongolia University of Finance and Economics; now retired. From July 24, 2025 to present, he serves as Independent Director of Shandong Xinchao EnergyCo., Ltd.

CHEN Xiaojun, female, born in 1983, bachelor’s degree, She holds the qualifications of Certified Public Accountant (CPA) and Certified Asset Appraiser. She previously served as Assistant Manager at KPMG Advisory (China) Limited Fuzhou Branch; Project Manager at Ordos Hongzheng Accounting Firm; Project Manager at Ordos Kangcheng Accounting Firm (General Partnership). She currently serves as Executive Partner and Chief Accountant of Inner Mongolia Huaqin Accounting Firm (General Partnership). From July 24, 2025 to present, she serves as Independent Director of Shandong Xinchao EnergyCo., Ltd.

XU Huaxi, male, born in 1982, Canadian nationality, master’s degree. He holds legal professional qualification, securities practice qualification, and fund practice qualification. He previously served as Auditor at KPMG Huazhen LLP; Lawyer at Beijing Junzejun Law Firm; Business Director of the M&A Department at Huatai United Securities Co., Ltd.; General Manager of Shenzhen Qianhai Proton Financial Services Co., Ltd.; Risk Control Director at Shenzhen Qiu Shi Asset Management Co., Ltd.; Risk Control Director at Hongmaoheng Asset Management (Beijing) Co., Ltd.; Deputy General Manager at Dayou Hengtong Asset Management (Beijing) Co., Ltd. He currently serves as Deputy General Manager of Hongmaoheng Asset Management (Beijing) Co., Ltd. and Independent Director of Hebei Xianhe Environmental Technology Co., Ltd. From July 24, 2025 to present, he serves as Independent Director of Shandong Xinchao EnergyCo., Ltd.

LIAN Tao, male, born in 1977, master’s degree. He is a Fellow Member of CPA Australia (FCPA Australia), a member of the Institute of Singapore Chartered Accountants (ISCA), a Senior Member of the Society of Trust and Estate Practitioners (TEP), a member of the Association of International Accountants (AAIA), and a Member of the Chartered Institute of Arbitrators (MCIArb). He previously served as Accountant at North China Power Group Corporation; Investment Management and Legal Affairs Supervisor at Beijing CapitalBio Corporation Limited; General Manager of the Legal Department and Senior Manager of the Asset Management Center at Sunco China Holdings Limited; Legal Director at Vtion Wireless Technology AG; Deputy Chief Accountant of Inner Mongolia Yitai Group Co., Ltd.; Deputy General Manager and Board Secretary (Joint Company Secretary) of Inner Mongolia Yitai Coal Co., Ltd.; Senior Vice President of Shenzhen Youpin Holdings Co., Ltd. From May to July 2025, he worked at Inner Mongolia Yitai Group Co., Ltd. From July 24, 2025 to present, he has successively served as Director, Board Secretary, and Deputy General Manager of Shandong Xinchao Energy Co., Ltd.

LI Kailong, male, born in 1989, master’s degree and is an intermediate economist with securities practice qualification. He previously served as Manager of the Investment Banking Department at China International Capital Corporation Limited; Senior Supervisor at China Energy Group International Development Co., Ltd.; Investment Director of the Overseas Business Division at Inner Mongolia Yitai Coal Co., Ltd.; General Manager of International Business at Shandong Xinchao Energy Co., Ltd. From January 28, 2026 to present, he serves as Deputy General Manager of Shandong Xinchao Energy Co., Ltd.

MA Yuchi, male, born in 1984, master’s degree. He previously served as Performance Assessment Supervisor of the Personnel and Enterprise Management Department at Inner Mongolia Yitai Coal-to-Oil Co., Ltd.; Planning Management Supervisor of the Coal Chemical Industry Division at Inner Mongolia Yitai Group Co., Ltd.; Administrative Affairs Manager of the General Management Department at Inner Mongolia Yitai Petroleum Chemical Co., Ltd.; Assistant General Manager, Deputy General Manager, and General Manager of the Administrative Management Department at Inner Mongolia Yitai Coal Co., Ltd.; Board Secretary of Inner Mongolia Yitai Group Co., Ltd.; Board Secretary of Inner Mongolia Yitai Investment Co., Ltd. From July 29, 2025 to present, he serves as Deputy General Manager of Shandong Xinchao Energy Co., Ltd.

GUO Gaofei, male, born in 1979, master’s degree. He previously served as Director of the Human Resources Department at Inner Mongolia Yitai Coal Co., Ltd.; Chairman and General Manager of Inner Mongolia Beimu Pastoral Investment Co., Ltd.; Chairman and General Manager of Inner Mongolia Yitai Beimu Pastoral Resource Development Co., Ltd.; General Manager of the Industrial Development and Investment Research Center at Inner Mongolia Yitai Coal Co., Ltd. From July 29, 2025 to present, he serves as Deputy General Manager of Shandong Xinchao Energy Co., Ltd.

YU Qianbo, male, born in 1985, bachelor’s degree. He holds the professional titles of Accountant, Statistician and Senior Economist, and has obtained the Qualification of Board Secretary, Legal Professional Qualification, Securities Practitioner Qualification, Fund Practitioner Qualification and Futures Practitioner Qualification. He previously served as Financial Statement Accountant, Deputy Section Chief of the Financial Management Section, Securities Business Supervisor of the Securities Department, Deputy Director of the Thermal Coal Futures Center, Deputy General Manager of the Investment Management Department, and Deputy General Manager of the Overseas Business Division at Inner Mongolia Yitai Coal Co., Ltd.; Director of the General Management Department at Inner Mongolia Yitai Petroleum Chemical Co., Ltd.; Deputy General Manager of Yitai Equity Investment Management Co., Ltd.; General Manager of Beijing Taiyu Asset Management Co., Ltd.; General Manager of Shenzhen Taiyu Private Equity Fund Management Co., Ltd. From July 29, 2025 to present, he serves as Financial Controller of Shandong Xinchao Energy Co., Ltd.