Liu, male, born in July, 1979, master of engineering, with three years experience in securities industry. In June 2004, he joined E Fund Management Co., Ltd. as an industry researcher and assistant fund manager.

Ran Hua, male, born in June 1976, holds a master's degree in economics. In April, 20001,he joined E Fund Management Co., Ltd. and participated in the preparation of the company. He used to be an industry researcher, assistant fund manager, deputy general manager of institutional wealth management department and fund manager of Kexiang Fund.