Mr. XU, aged 61, holds a Ph.D. degree in laws, is currently a professor at the Koguan School of Law, a doctoral tutor, the director of the Institute of International Law, the director of the Centre for Financial Law and Policy Studies of Shanghai Jiao Tong University. Mr. XU is a Shanghai Labour Model. He has served as a lecturer professor of Executive Master of Business Administration (EMBA), Master of Business Administration (MBA) and Doctor of Business Administration (DBA) programmes on international finance and financial innovation, financial technology and law, international finance and law, securities investment and risk control, international business law, and overseas investment at various business schools. Mr. XU has published more than 20 textbooks and monographs in English, French and Chinese, and more than 100 academic papers. He presided over and participated in a number of national and provincial research projects. Mr. XU has more than 20 years of experience serving as an independent director of listed companies and practicing experience as a lawyer, and had participated in the planning, negotiation and project review of a large number of major international financing, capital operation, cross-border investment, mergers and acquisitions, and asset restructuring projects. Currently, he is also an independent director of Power Construction Corporation of China, Ltd. (a company listed on the Shanghai Stock Exchange (Stock Code: 601669)) and an independent director of Qingdao Citymedia Co., Ltd. (a company listed on the Shanghai Stock Exchange (Stock Code: 600229)); he was previously an independent director of Jiangsu Apon Medical Technology Co., Ltd. (a company listed on the Shenzhen Stock Exchange (Stock Code: 300753)).