Board of Directors

CIC's Board of Directors is authorized to oversee the company's operations, evaluate its overall performance and make decisions on important matters in accord with the company's Charter. Based on investment objectives and development strategies set by the shareholder, the Board reviews and approves the company's investment strategies and operational guidelines. It also decides on ways to implement such strategies, identifies major issues to report to the shareholder, appoints and removes senior executives, determines or authorizes the establishment of management bodies as necessary.

The Board of Directors is supported by the Remuneration Committee and Executive Committee.

The Remuneration Committee assists the Board of Directors in examining and approving CIC's human resource strategies and remuneration mechanism; researches and establishes senior management's remuneration allocation system, reviewing their personal annual salary liquidation scheme; and supervises the implementation of senior management's remuneration policy.

The Executive Committee translates the Board of Directors' guidance into detailed strategies and oversees CIC's day-to-day operations. It has the authority to make required operating decisions, including those for basic rules, institutional adjustment, operating mechanisms, performance evaluation and remuneration.

Members

Tu Guangshao

Vice Chairman & President

Mr. Tu Guangshao is Vice Chairman & President of CIC. Immediately prior to this, he served as Executive Vice Mayor, Vice Mayor of Shanghai. He held several positions in the China Securities Regulatory Commission, including Vice Chairman, Secretary-General, General Manager of the Shanghai Stock Exchange, Director General of The Department of Trading. He also worked as Deputy Director of the National Financial Market's Quotation and Trading Information System Center of People's Bank of China, Director and Deputy General Manager of the China Securities Trading System Corp.

Mr. Tu, born in 1959, holds a master's degree in economics from Peking University and was accorded Senior Economist by the Ministry of Human Resources and Social Security.

Jiang Weixin

Independent Director

Mr. Jiang Weixin is an Independent Director of CIC. Previously, He was Minister of Housing and Urban-Rural Development and Vice Chairman of the National Development and Reform Commission. He also served as Vice Chairman and Director General of the Department of Investment at the State Development and Planning Commission; Director General and Vice Director General of the Department of Key Construction, and Deputy Director of the Investment Research Institute at the State Planning Commission.

Mr. Jiang, born in 1949, holds a bachelor's degree in journalism from Peking University.

Zhang Xiaoqiang

Independent Director

Mr. Zhang Xiaoqiang, an Independent Director of CIC, was Vice Chairman of the National Development and Reform Commission (NDRC). He also served as Secretary General of the State Development & Planning Commission (SDPC), a predecessor to the NDRC, the Director General of the Department of Foreign Investment at the State Planning Commission (a predecessor to the SDPC), and an Economic Counselor at the Chinese Embassy in the United States. He served as a Non-Executive Director of CIC from September 2007 to July 2014.

Mr. Zhang was born in 1952 and holds a bachelor's degree in economics from Peking University.

Hu Zucai

Non-Executive Director

Mr. Hu Zucai, a Non-Executive Director of CIC, is Vice Chairman of the National Development and Reform Commission (NDRC). Previously, he served as Deputy Secretary General and Director General of the Social Development Department at NDRC and Deputy Director General of the Health Care Reform Office of the State Council. He also worked as Deputy Mayor of Guiyang city in Guizhou Province, Deputy Director General of the Foreign Capital and Overseas Investment Department at the State Development and Planning Commission, a predecessor to the NDRC.

Mr. Hu was born in 1961 and holds a bachelor's degree in engineering from Zhejiang University.

Shi Yaobin

Non-Executive Director

Mr. Shi Yaobin, a Non-Executive Director of CIC, serves as Vice-Minister of Finance. Previously, he served as Director General of Hunan Provincial Finance Department, Mayor of Xiangtan City in Hunan Province and Director General and Deputy Director General of the Department of Tax Policy at the Ministry of Finance.

Mr. Shi, born in 1958, holds a Ph.D. in economics from Research Institute for Fiscal Science, the Ministry of Finance.

Zhang Xiangchen

Non-Executive Director

Mr. Zhang Xiangchen, a Non-Executive Director of CIC, is Assistant Minister of the Ministry of Commerce (MOFCOM). Previously, he served as Director General of the Department of Policy Research of MOFCOM, Deputy Representative and Minister (DG-level) of China's Permanent Mission to the WTO, Director General of the Department of WTO Affairs and the China WTO Notification and Inquiry Center, Deputy Director General at the Department of International Trade and Economic Affairs of the Ministry of Foreign Trade and Economic Cooperation (MOFTEC).

Mr. Zhang was born in 1965, and holds a Ph.D. in international politics from Peking University.

Pan Gongsheng

Non-Executive Director

Mr. Pan Gongsheng, a Non-Executive Director of CIC, is Deputy Governor of People's Bank of China and Administrator of State Administration of Foreign Exchange. Previously, He served as Executive Director and Vice President of the Agricultural Bank of China Limited, and Vice President of the Agricultural Bank of China. Prior to that, Mr. Pan held several positions in the Industrial and Commercial Bank of China Ltd., including General Manager of Corporate Strategy and Investor Relations Department, Director and General Office of the Board of Directors, President of Shenzhen Branch, General Manager of Financial Planning Department, the Joint-Stock Reform Office, Secretary of the Board of Directors; and several positions in Industrial and Commercial Bank of China, including General Manager and Deputy General Manager of Financial Planning Department, and Deputy General Manager of Human Resources Department.

Mr. Pan, born in 1963, holds a Ph.D. in economics from Renmin University of China.

Fang Shangpu

Non-Executive Director

Mr. Fang Shangpu, a Non-Executive Director of CIC, is Deputy Administrator of the State Administration of Foreign Exchange (SAFE). He previously served as Chief Accountant of SAFE and Deputy Administrator of SAFE Shanghai Branch, Vice President of People's Bank of China (PBC) Shanghai Branch and Vice President of Fujian Industrial Bank.

Mr. Fang, born in 1956, holds a master's degree in economics from Xiamen University.

Fan Yong

Employee Director

Mr. Fan Yong, an Employee Director, is Head of the CIC Human Resources Department. Immediately prior to this, he served as Director of Human Resources Department, Deputy Head and Head of Institutional Integrity Department of CIC. In his earlier career, Mr. Fan served as Principal Staff of Fiscal and Financial Department of the State Planning Commission, Deputy General Manager of Investment Management Department, Deputy Director General of President's Office and Head of Human Resources Department of China Economic Development Trust & Investment Company, Deputy General Manager of Human Resources Department of China Galaxy Securities Co., Ltd.

Mr. Fan was born in 1961 and holds a bachelor's degree in economics from Zhongnan University of Economics and Law.

Former Directors:

Lou Jiwei: Chairman & CEO (September 2007 to March 2013).

Ding Xuedong: Chairman & CEO (July 2013 to February 2017).

Gao Xiqing: Vice Chairman & President (September 2007 to February 2014).

Li Keping: Executive Director, Executive Vice President & Chief Investment Officer (July 2011 to February 2014), Vice Chairman, President & Chief Investment Officer (February 2014 to July 2016).

Zhang Hongli: Executive Director, Executive Vice President and Chief Operation Officer (September 2007 to June 2011).

Liu Zhongli: Independent Director (September 2007 to July 2014).

Wang Chunzheng: Independent Director (September 2007 to July 2014).

Fu Ziying: Non-Executive Director (September 2007 to March 2011).

Liu Shiyu: Non-Executive Director (September 2007 to March 2011).

Li Yong: Non-Executive Director (September 2007 to July 2014).

Chen Jian: Non-Executive Director (February 2011 to July 2014).

Wang Baoan: (Non-Executive Director, July 2014 to January 2016).

Hu Xiaolian: (Non-Executive Director, September 2007 toJuly 2016).

Yu Erniu: Employee Director (September 2007 to July 2009).

Li Xin: Employee Director (July 2009 to January 2016).