Chairman of the Board of Directors
Michael Cricenti 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 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 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.
Executive Director & President
Chunhua Yu 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.
Independent Non-Executive Director
Junqi Wang has served as a member of the Board of Directors since June 2023 and serves on the Public Relations Committee. He has served as a senior partner and director of the management committee of DeHeng Shanghai Law Office, a law firm in the People's Republic of China ("PRC") since 2009. Additionally, he sits as an arbitrator for the Shanghai Arbitration Commission and the Shanghai International Arbitration Center. Mr. Wang has been appointed as the presiding arbitrator or the sole arbitrator to render awards on various types of commercial disputes, including cross-border trade disputes, equity transfer disputes and investment & finance disputes. Mr. Wang has practiced law for more than twenty years, including in the areas of dispute resolution and corporate governance. Additionally, he has been acknowledged by several international rating agencies including Chambers Global, The Legal 500, Asian Legal Business and Legalband. The Company believes Mr. Wang's experience in corporate governance and dispute resolution, in addition to his business experience and knowledge regarding the PRC's public and private sectors, makes him well qualified to serve as a director.
Independent Non-Executive Director
Yu Bai has served as a member of the Board of Directors since June 2023 and serves on the Public Relations Committee. He has served as a director of comprehensive business consulting at PricewaterhouseCoopers Consultants' southern region since August 2022. He is responsible for policies related to government and private enterprises, industrial planning, industrial park consultation and evaluation, investment attraction, and corporate finance, among other policy and consulting initiatives. Mr. Bai also serves as an Executive Director of the Shenzhen University Alumni Association and President of the Shenzhen University Alumni Association of the School of Life and Ocean Sciences. From November 2020 to July 2022, Mr. Bai served as the Chief Scientist of Biomedical Industry in Shenzhen for Tian'an Success Investment and Development Group ("TSID Group"). In his role with TSID Group, he also served as the Director of the Science and Technology Innovation Department of Shenzhen Smart Park and the Dean of the Tian'n Success Industrial City Community Research Institute. His previous experience also includes serving as the Executive Deputy General Manager of Shenzhen Ping'an Smart Park Operation Service Co., Ltd. and as an investment consultant at Shenzhen Bolun World Investment Co., Ltd. Mr. Bai has significant experience in life sciences in the PRC and in managing the operations of industrial and life sciences campuses. The Company believes Mr. Bai's experience in industrial park management and consulting, in addition to his business experience and knowledge, makes him well qualified to serve as a director.
