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Board of Directors

Mr. Handong Cheng
Chairman and Chief Executive Officer

As the founder of ChinaNet, Mr. Cheng has been serving franchise industry and advertising media industry for more than 10 years. In 2003, he participated in the establishment of Beijing ChinaNet On-line Advertising limited and Business Opportunity Online (Beijing) Networking Technology Ltd. (www.28.com) engaged in operational, administration and management area. He won the title with "Top Ten China Planning Person" from China Plan Association in 2006 as well as "2006 China Internet Annual Innovation Person". He also has been elected as members in Internet Council in 2007. Under Mr. Cheng leadership, ChinaNet as a provider with network technology solutions, media and marketing services, has developed into a pioneer in the industry. Mr. Cheng received a Law Degree from Wuhan University, Wuhan, China and Executive Master of Business Administration from Guanghua Management School, Peking University, Beijing, China.

Chairman of the Board
    Mr. George K. Chu
    Director

    Mr. Chu has been our Chief Operating Officer and Secretary since May 2010. From December 2007 to May 2010, Mr. Chu served as the Special Executive to the Chairman of Dachan Food (Asia) Ltd. in Beijing and also served at Dachan Food as the Head of the Beijing and Hubei Operations. From June 2007 to December 2007, Mr. Chu acted as Senior Business Advisor to the Chinese Aviation and Space Industry Development Association (CASIDA) in Taipei. From January 2005 to June 2007, Mr. Chu served as a Senior Vice President at the Royal Bank of Canada Financial Group, Asset Management in Vancouver, Toronto and New York. Mr. Chu has a joint major bachelor degree in accounting and management information systems from Simon Fraser University, an MBA degree from Harvard University and an EMBA degree from Guanghua School of Management at the Peking University.

      Mr. Zhiqing Chen
      Independent Non-Executive Director

      Mr. Chen is a partner of Jin Mao PRC Lawyers LLP in Shanghai, specializing in foreign investment, corporate law, merger and acquisitions. Mr. Chen's clients include local PRC enterprises as well as international corporations. Prior to joining ChinaNet, Mr. Chen served as a non-management director for Shanghai Fumai Investment Management Co., Ltd., Shanghai Zhijinwu Investment Management Co., Ltd, and Shanghai Merciful Groups Co., Ltd. Mr. Chen received a Law Degree in International Economic from East China University, a Master's Degree in Economic Philosophy from Fudan University, and an EMBA degree from Beijing University.

      Independent Director
      Mr. Qiu Chang
      Independent Non-Executive Director

      Mr. Chang is currently a Principal with Sansar Capital focused on special investment opportunities in TMT and healthcare industries and board directors for several organizations. Prior to joining Sansar in 2007, Mr. Chang in 2001 founded FORUN Technologies, a boutique research and consulting firm, established a multi-year track record in selecting winning investments in China, and was ranked as a top analyst by Wall Street Journal Best of Street Annual Analyst Survey. Prior to founding FORUN, Mr. Chang worked as a Business Intelligence Specialist and Market Strategy Analyst at IBM, and as a Principal Investigator and a scientific researcher in several companies and universities. Mr. Chang received an MBA fromColumbia Business School, a Ph.D. in Applied Physics from Colorado School of Mines, and a B.S. in Physics from Wuhan University in China.

      Independent Director
      Chung Wang Yiu (Ron)
      Independent Non-Executive Director

      Mr. Yiu is an experienced marketing professional with a robust background in regional marketing, specializing in a diverse range of sectors including e- commerce, B2C lifestyle, corporate, and B2B technology brands. Since November 2020, Mr. Yiu has been served as the Content Lead APAC, Foodpanda, Bangkok, where he oversees the marketing strategies for Hong Kong and Cambodia, managing regional marketing campaigns and execution. From June 2018 to November 2020, Mr. Yiu served as Senior Account Executive of TEAM LEWIS, Hong Kong. At TEAM LEWIS, he managed content development, social media management, client servicing, regional coordination, media relations, and influencer engagement for high-profile clients such as Equinix, Ferrari, Foreo, NTT Ltd., Skyscanner, Sophos, and The LYCRA Company. From August 2017 to May 2019, Mr. Yiu served as Account Executive of Newell Public Relations, Hong Kong. At Newell Public Relations, Mr. Yiu was responsible for content development, social media management, media relations, and event support for clients including Adobe, Belkin, GfK, Parallels, and Software AG. From August 2015 to March 2017, Mr. Yiu worked as Project Coordinator of Creative Concept Construction, Hong Kong where he managed client servicing, coordination with internal and external parties, document preparation, and administrative support, including reporting and database updates. Mr. Yiu holds a Bachelor of Arts (Hons) in Translation from Lingnan University.

      Fernando Chen I-Ting
      Independent Non-Executive Director

      Mr. Chen brings over 15 years of specialized experience in commercial sales within the public authority, law enforcement, and defense industry sectors in South-East Asia. He has developed a deep understanding of the industry’s unique requirements and challenges, demonstrating a consistent ability to manage extensive sales operations, cultivate robust client relationships, and deliver high-value solutions. Since 2019, Mr. Chen has served as Partner and Asia Commercial Sales Program Manager of Marck & Balsan Group, responsible for the Taiwan, the Philippines, Vietnam, and Japan markets. Between 2014 and 2019, Mr. Chen worked as partner and Asia sales at GK Pro Group, a company focusing on law enforcement personal protection gear. Prior to that, Mr. Chen worked at Seggan International Limited, apprenticed in trading materials and equipment across multiple international markets including the United States, Europe, New Zealand, Japan, and Taiwan. Mr. Chen holds a Bachelor's degree in Marketing from the University of Auckland and has continually refined his skills through various certifications.

        Justin Tam
        Independent Non-Executive Director

        Mr. Tam is a versatile professional with over 30 years of experience across business development, healthcare technology, investment management, and entrepreneurship. Since January 2023, Mr. Tam has served as the Business Development Director at FINESSE Healthcare, a start-up company focused on homecare AI under FINESSE GROUP. Previously, from January 2017 to November 2022, Mr. Tam served as the General Manager at MYDOC Health Limited, a telemedicine company established in 2015. From January 2016 to November 2020, Mr. Tam served as the Vice President of Technology Investment at Brighten Management Limited, a family office that structures and manages private equity investments in Hong Kong and Asia markets. Between 2002 to 2015, Mr. Tam was also an entrepreneur. Mr. Tam holds an Honour Bachelor of Applied Sciences in Electrical Engineering from the University of Waterloo, Canada.

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          Board Diversity Matrix

          As of October 18, 2023
          To be completed by Foreign Issuers (with principal executive offices outside of the U.S.) and Foreign Private Issuers
          Country of Principal Executive Offices China
          Foreign Private Issuer No
          Disclosure Prohibited Under Home Country Law No
          Total Number of Directors 5
          Part I: Gender Identity Female Male Non-Binary Did Not Disclose Gender
          Directors 0 5 0 0
          Part II: Demographic Background
          Underrepresented Individual in Home Country Jurisdiction 0
          LGBTQ+ 0
          Did Not Disclose Demographic Background 0


          January 1, 2022 to December 31, 2022
          To be completed by Foreign Issuers (with principal executive offices outside of the U.S.) and Foreign Private Issuers
          Country of Principal Executive Offices China
          Foreign Private Issuer No
          Disclosure Prohibited Under Home Country Law No
          Total Number of Directors 5
          Part I: Gender Identity Female Male Non-Binary Did Not Disclose Gender
          Directors 0 5 0 0
          Part II: Demographic Background
          Underrepresented Individual in Home Country Jurisdiction 0
          LGBTQ+ 0
          Did Not Disclose Demographic Background 0

          Under Rule 5606(f)(2) and Rule 5606(f)(6) of the Nasdaq Listing Rules, we are required to have, or disclose why we do not have, at least one “diverse” (as such term is defined in Rule 5606(f)(2)(B) of the Nasdaq Listing Rules) director by December 31, 2023. As of the date hereof, we did not have at least one diverse director because we have not yet identified a suitable candidate. We will continue our search for a suitable candidate in order to increase the diversity of our board.