Clear River Capital

• Nearly 20 years of institutional investment track records in China and the U.S. • President of NCE Global (U.S.) NCE Group (H.K.); Former President of Dapeng Investment Group, arm of Dapeng Securities (China); Vice President of International Real Estate Magazine • Acquired and repositioned landmarked real estate assets across the U.S. • E.M.B.A., Tsinghua University; Master’s of Law, China University of Political Science and Law; B.A., Henan University

• 15 years of fund management, risk management and fund research experience; Registered Financial Risk Manager (FRM); • CEO of Haiya Real Estate Co, Ltd (China); Former V.P. of Nuveen Asset Management (U.S.) with over 160 billion asset under management • Established Fama-Bliss Stock Indices while working as a Senior Financial Research Analyst at the Center for Research in Securities Prices (CRSP), University of Chicago • M.B.A., Marquette University; M.S., University of Chicago; M.S., Nankai University; B.A., Henan University

• Seasoned real estate investor in short-sales and REO properties with over 10% cap rate; $13MM real estate asset under management across U.S.; Licensed NY realtor; • Former senior software developer at ICM; Former manager of Star-River Computer Sales and Service center; President at Tsinghua Alumni Association of Greater New York • M.S., Stevens Institute of Technology; B.S., Tsinghua University

• Over 10 years experience in real estate investment and management; Licensed NY realtor • President of Matrix Network Trading Inc. achieving IRR of 30% on distressed properties; V.P. at Tsinghua Alumni Association of Greater New York • M.B.A., New York University; M.S., Tsinghua University; B.S. Zhengzhou University