Mr Peng was appointed an independent non-executive director of the Company on 8 May 2023, has extensive experience in investment, fund management and investment banking. Mr Peng has been the managing director of GLP since October 2018 and is primarily responsible for investment management and business development. He was the deputy chairman of China Merchants Capital Investment Co., Ltd.* (招商局資本投資有限責任公司) since March 2020, and is the chairman since April 2023. He worked with Goldman Sachs from March 2006 to September 2012, with previous positions including managing director, co-head of Asia real estate, and responsible officer for Goldman Sachs (Asia) LLC, primarily responsible for the business operations of the Goldman Sachs group in Asia.