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Mr. Shi Wenzheng is Executive Vice President, Risk Control Director and General Manager of Institutional Management Division at Baige Online Digital Technology Co., Ltd.(also known as Baige Online (Xiamen) Digital Technology Co. Ltd.) and has been its Executive Director since February 13, 2025. Mr. Wenzheng was a Director of Baige Online (Xiamen) Digital Technology Co. Ltd. from July 22, 2024 to February 13, 2025. He is primarily responsible for the overall digital insurance services, technology research and development and branch development of the Group. Mr. Shi has over 21 years of experience in the insurance industry and company management. Prior to joining our Group, Mr. Shi worked at Ping An Property & Casualty Insurance Company of China, Ltd. Xiamen Branch from August 2004 to June 2010, where he served as a manager of the operations department and was mainly responsible for managing customer relationships and business expansion and Sunshine Property and Casualty Insurance Co., Ltd. Xiamen Branch from June 2010 to January 2015, where he served as a manager of the operations department and the business department and was mainly responsible for strategical business development, team building and management, operational management and compliance. Mr. Shi worked at Tianan Property Insurance Co., Ltd. of China Xiamen Branch from February 2015 to January 2018. Mr. Shi received his bachelor’s degree in arts from Huaqiao University in July 2003 in the PRC.