Chairman of the Board of Directors
Michael Cricenti, 40, has been a member of the Board of Directors and has served as Chairman of the Board since December 2021. He also serves on the Board’s Executive Committee, Nominating and Corporate Governance Committee, Audit Committee, Compensation Committee, and Special Committee. Since 2016, Mr. Cricenti has served as the Managing Member and Chief Investment Officer of Magis Capital Partners, a private investment firm that strategically invests in real estate investment trusts with holdings across diverse commercial property sub-sectors. Prior to this, from 2009 to 2016, Mr. Cricenti held the role of Managing Director at Bluestem Asset Management, an investment firm overseeing approximately $1.5 billion in assets. Earlier in his career, Mr. Cricenti was a mergers and acquisitions analyst at Harris Williams & Co., a leading advisory firm focused on the middle market. He earned a Bachelor of Science in Business Administration from Babson College, with concentrations in finance and quantitative methods. Mr. Cricenti’s extensive experience in real estate, capital allocation, and mergers and acquisitions, as well as his business acumen, make him a valuable member of the Board.
Independent Non-Executive Director
Bo Hu, 40, has served as the Chief Executive Officer of the Company since October 2024 and has been on the Board since December 2021. He serves on the Executive Committee, Nominating and Corporate Governance Committee, Audit Committee, Compensation Committee, Public Relations Committee and Special Committee. From January 2016 to March 2024, Mr. Hu served as a Partner and Managing Director of Edge Principal Advisors (“Edge”), a New York-based multi-strategy real estate investment firm that manages several fund vehicles with over $6 billion of real estate investments. While at Edge, Mr. Hu was involved in transactions across a broad range of property types, overseeing the execution of some of the most complex deals and joint venture relationships. His previous work experience also includes Five Mile Capital Partners and Merrill Lynch & Co. Mr. Hu holds a Bachelor’s degree and a Master’s degree from the University of Texas at Austin. The Company believes Mr. Hu’s robust experience in real estate, in addition to his business experience and knowledge, makes him well qualified to serve as the Chief Executive Officer and a director.
Independent Non-Executive Director
Peter Kellogg, 82, has served as a member of the Board of Directors since June 2000. Prior to the firm’s merger with Goldman Sachs in 2000, Mr. Kellogg held the position of Senior Managing Director at Spear, Leeds & Kellogg, a registered broker-dealer and specialist firm on the NYSE. Mr. Kellogg possesses extensive business experience, expertise in capital allocation, and a deep understanding of the Company’s operations and history that are additive to the Board.
Independent Non-Executive Director
Ruigang Li, 47, has served as the Business Director at Beijing HyperStrong Technology Co., Ltd., a leading energy solution technology company, since September 2024. In this role, he is responsible for developing energy storage projects in overseas market. From April 2023 to May 2024, Mr. Li served as Investment Director at China Power International Holding Limited where he was responsible for business development in the Middle East region for electricity generation projects investments and green power investment strategy study. Previously, Mr. Li served as the Business Director of Middle East and Southeast Asia at Shanghai Electric Group from December 2009 to November 2022. Mr. Li has significant experience in green energy development trend and investment, as well as combinations of green power and data computing hubs in the PRC and abroad. Mr. Li holds both a Master’s degree from The University of Hong Kong and a Bachelor’s degree from Shanghai International Studies University. The Company believes Mr. Li’s business experience and knowledge makes him well qualified to serve as a director.
Independent Non-Executive Director
Tao Wang, 63, has served as the Vice President at Tianyun Rongchuang Data Technology (Beijing) Co Ltd. (“Tianyun Data”), a technology and artificial intelligence company based in the PRC serving various industries including banking, finance, energy and education, since February 2019. In this role, he is responsible for leading sales and business development, in addition to other business management and strategic initiatives. Tianyun Data is a top tier company in the PRC AI and database industries, known for its contributions in PaaS and MaaS infrastructure. From 2010 to 2019, Mr. Wang served as the Director of Business Development at Cigna CMB Life Insurance Co., Ltd. (“Cigna”). His previous experience also includes serving as Deputy Vice President of Banking Insurance for China at AIA Life Insurance Co., Ltd. Mr. Wang has significant experience in business development in the PRC. Mr. Wang holds both a Master’s and a Bachelor’s degree from the Institute of International Relations. The Company believes Mr. Wang’s experience in business development within the PRC, in addition to his experience in technology and artificial intelligence, make him well qualified to serve as a director.
Executive Director & President
Chunhua Yu, 43, has served as the President of the Company since October 2024 and has been on the Board since December 2021. He served as the Company’s Chief Executive Officer from March 2022 to October 2024. He serves on the Public Relations Committee, Nominating and Corporate Governance Committee, Audit Committee and Compensation Committee. Mr. Yu previously worked in the Ministry of Foreign Affairs and also held private sector positions in the investment and real estate sectors. He has over 17 years of work experience in government relations, financing and investment and cooperate governance. He holds a Master of Business Administration from Columbia Business School. The Company believes Mr. Yu’s business experience, local experience, private and public sector background and prior involvement in the Company’s efforts to obtain total on-shore control of the Company’s assets in the People’s Republic of China make him well qualified to serve as a director.
