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Investment and research team of Shanghai Yinye Investment Co., Ltd.

Investment Manager: Wang Lingling, master of economics, with five years of experience in securities industry and profound knowledge in investment research. He has been engaged in macro research, industry research, inter-bank bond investment and private equity fund management. He has in-depth analysis and unique insights on macro and micro economy, and can skillfully use various quantitative analysis tools. He is good at grasping the investment opportunities in the inter-bank bond market due to changes in macroeconomics, market trends and other factors. At present, he is the assistant investment manager of Shandong Trust Yinye No.1 Trust Product.

investment director: shan jijun, master of economics, with 12 years' experience in finance and 6 years' experience in securities, has successively held the positions of senior bank manager and general manager of investment company. He is currently the investment director of the company, responsible for the management of multiple portfolio products of the company, and concurrently serves as the investment manager of Yinye No.1.