Aged 59, has been an ED since 28 August 2018 and was re-designated as a NED on 1 November 2021. He was re-designated from a NED to an ED and was further appointed as the Chairman of the Board and chairman of the Nomination Committee on 1 April 2022. He was further appointed as the Chief Executive Officer on 1 April 2023. Mr. LIU has over 28 years of experience in the textile industry. Mr. LIU graduated from Anhui University of Finance and Economics (formerly known as Anhui Finance and Trade College*) in the People’s Republic of China (the “PRC”) in 1987 in professional accounting with a Bachelor’s degree of Economics. He graduated in finance and obtained a Master’s degree in Economics from Chinese Academy of Fiscal Sciences (formerly known as The Research Institute for Fiscal Science) in the PRC in 1990 and an Executive Master of Business Administration degree from The University of Texas at Arlington, United States of America (“USA”) in 2010.