Mr Pan was appointed an executive director of the Company on 8 May 2023 and obtained a Bachelor’s degree in economics majoring in international trade from Sun Yat-Sen University in the People’s Republic of China in June 1998. Mr Pan has over 10 years of senior management experience in the business operations of the Group. From May 2006 to December 2008, Mr Pan served in Ingram Micro (China) Investment Co., Ltd.* (英邁（中國）投資有限公司), a subsidiary of an international distributor of information technology products and services and held the last position as the senior business development manager of the business development department. From March 2009 to November 2009, he served as assistant to the chief executive officer of Yuexiu REIT Asset Management Limited, the manager of Yuexiu Real Estate Investment Trust. Mr Pan joined the Company in November 2009 and has served as a deputy general manager from then until September 2025. From November 2009 to September 2010, he was also the general manager of the investor relations management department of the Company.Since 15 September 2025, he has been acting as general maneger of the capital operations depantment of Guangzhou YueXiu and YXE.