Xiangrong Li was appointed to our board of directors on September 6, 2019 as an independent director. Ms. Li has served as the deputy general manager and financial controller of Beijing Tourist Hotel (Group) Co. Ltd., a company listed on the Shanghai Stock Exchange since April 2016, following its merger with Homeinns Hotel Group (previously listed on NASDAQ with stock ticker HMIN). Ms. Li was employed with Unilever for various positions from 1993 to 2010, including serving as the financial controller for greater China region from 2007 to 2010. Ms. Li served as the chief financial officer of Hengdeli Holdings Ltd, a company listed on the Stock Exchange of Hong Kong, from 2010 to August 2014. Ms. Li served as the chief financial officer of Homeinns Hotel Group from August 2014 to April 2016. Ms. Li obtained a graduation certificate for her bachelor’s degree in international accounting jointly awarded by the Shanghai University of Finance and Economic and Shanghai International Studies Institute (now known as Shanghai International Studies University) in July 1993. She obtained a master’s degree in executive management business administration from China Europe International Business School in September 2008 and is now a senior member of The Association of Chartered Certified Accountants and a member of The Chinese Institute of Certified Public Accountants.