Mr. XU Feipan, aged 49, is currently is currently the deputy general manager of the Company and a director, the general manager and the deputy party secretary of COSCO SHIPPING Lines Co., Ltd.  Mr. Xu started his career in 1997. He successively served as the deputy manager and manager of the coastal business department of Shanghai Pan Asia Shipping Co., Ltd. (上海泛亞航運有限公司), the deputy general manager of COSCO (Shanghai) International Freight Co., Ltd. (上海中遠國際貨運有限公司), the deputy general manager and the general manager of COSCO International Freight (Wuhan) Co., Ltd. (武漢中遠國際貨運有限公司), the general manager of COSCO SHIPPING Lines (Shanghai) Co., Ltd. (上海中遠海運集裝箱運輸有限公司), a member of the Party Committee of the Company, a member of the Party Committee of COSCO SHIPPING Lines Co., Ltd., a director and the president of COSCO SHIPPING (North America) Co., Ltd., and concurrently served as the general manager (North America Division) of COSCO SHIPPING Lines Co., Ltd. and the president of COSCO SHIPPING Lines (North America) GmbH, etc. Mr. XU Feipan holds a master’s degree in business administration from Fudan University and is an economist.