Mr. Bai Guohong, a Ph.D. in economics majoring in business management from the School of Business Administration of Renmin University of China, is a senior economist and currently serves as the chairman and party secretary of Huarong Yufu Equity Investment Fund Management Co., Ltd.

Bai Guohong has extensive working experience in corporate and financial industry restructuring, reorganization, non-performing asset disposal, mergers and acquisitions, investment, investment banking, asset management, equity investment, etc.

Bai Guohong is engaged in financial asset management, investment and operation. She has a deep understanding of China's capital market and rich practical experience, and has good foresight in strategy formulation and project judgment.