Corporate Governance

Male, born in December 1964, Chinese nationality, with no right of permanent residence abroad. He holds a high school degree and has completed an advanced training course on channel construction for the cosmetics industry at Tsinghua University. He has been a representative of the 9th Huzhou Municipal People's Congress since April 2022. He used to work in Yiwu Liaoyuan Daily Chemicals Co., Ltd., Hangzhou Proya Cosmetics Co., Ltd., and Hangzhou Proya Holdings Co., Ltd. He has worked in the Company and its predecessor since 2007, has served as the Company's executive director since September 2007, and has served as the chairman of the board of directors of the Company and its predecessor since August 2012.

Male, born in November 1969, Chinese nationality, with no right of permanent residence abroad,He holds a high school degree and has completed an advanced training course on leadership in cosmetics industry at Tsinghua University. He used to work in Shijiazhuang Liaoyuan Daily Chemicals Co., Ltd., Hangzhou Proya Cosmetics Co., Ltd, and Hangzhou Proya Holdings Co., Ltd. He has worked in Proya Cosmetics Co., Ltd. and its predecessor since 2007 and has served as the director and the general of Proya Cosmetics Co., Ltd. and its predecessor since August 2012. Mr. Fang Yuyou is the younger brother of Ms. Fang Aiqin, the spouse of Mr. Hou Juncheng, the controller shareholder and the actual controller of the Company.

Male, born in December 1988, Chinese nationality, with no right of permanent residence abroad, college degree. He has worked in the E-commerce Department of Proya Cosmetics Co., Ltd. since 2014 and has served as the director and the deputy general manager of the Company since September 2021. Mr. Hou Yameng is the child of Ms. Fang Aiqin and Mr. Hou Juncheng, the controlling shareholder and the actual controller of the Company.

Male, born in November 1970, Chinese nationality, with no right of permanent residence abroad, college degree, a senior accountant, and a non-practicing CPA member. He used to serve as the deputy director and the director of the Zhejiang Supervision Bureau of China Securities Regulatory Commission, the director of the Shanghai Commissioner Office of China Securities Regulatory Commission, and the deputy general manager and the secretary of the board of Yongan Futures Co., Ltd. He has served as an independent director of the Company since May 2021. He is now concurrently acting as an independent director of Transwarp Technology (Shanghai) Co., Ltd., an independent director of Zhejiang Shuangyuan Technology Co., Ltd., and an independent director of Merit Interactive Co., Ltd.

Male, born in November 1975, Chinese nationality, with no right of permanent residence abroad, a Bachelor of Law from the Department of Law of Peking University, a Masters of Law from the Faculty of Law, Cambridge University, a Doctor of Law from the Faculty of Law, Kyushu University, and a professor of law. He used to work in Zhejiang Xingyun Law Firm, the Shanghai Branch of Zhejiang Xingyun Law Firm. He served as a professor, a doctoral tutor (civil and commercial law), and the school legal counsel at the Law School of Shanghai University of Finance and Economics from 2006 to December 2021, and has served as a full-time teacher at the Law School of Fudan University since January 2022. He has been an independent director of the Company since September 2021, and is concurrently an arbitrator of the China International Economic and Trade Arbitration Commission, an arbitrator of the Shanghai International Economic and Trade Arbitration Commission,Arbitrator at Shanghai Arbitration Commission ,Arbitrator at Shenzhen Court of International Arbitration, a managing director of the Commercial Law Research Association of the China Law Society, the vice president of the Commercial Research Branch of Shanghai Judicial Think Tank Institution, the vice president of the Cultural Industry Legal Research Association of Shanghai Law Society, an independent director of Shanghai Huace Navigation Technology Ltd., an independent director of Changzhou ECTEK Automotive Electronics System Co., Ltd., an independent director of Hangzhou EZVIZ Network Co., Ltd., and an independent director of Zheshang Development Group Co., Ltd.