Mr. Xu, aged 62, is currently an independent Supervisor of the Company, a professor at the Law School, 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. Currently, he is also an independent director of Power Construction Corporation of China, Ltd. (中國電力 建設股份有限公司) (a company listed on the Shanghai Stock Exchange (stock code: 601669)) and an independent director of Qingdao Citymedia Co., Ltd. (青島城市傳媒股份有限公司) (a company listed on the Shanghai Stock Exchange (stock code: 600229)). Mr. Xu is a Shanghai Labour Model. He previously served as an independent director of Jiangsu Apon Medical Technology Co., Ltd. (a company listed on the Shenzhen Stock Exchange (stock code: 300753)) and 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. Mr. Xu holds a doctorate degree in laws from the University of Fribourg in Switzerland.