Mr Xiao is the assistant president of Greentown China, primarily responsible for the research and development of products, engineering development and cost procurement and collection of the Group. Mr XIAO graduated from Nanjing Construction Engineering College (南京建築工程學院), majoring in industrial and civilian construction. Subsequently, he studied in Zhejiang University, and obtained a master’s degree, majoring in business administration. Mr XIAO has over 20 years of work experience in the real estate industry. He started working in 7 July 1996, and worked for Zhejiang Huazhe Industrial Development Company Limited (浙江華浙實業開發有限公司) and Zhejiang Shenghua Real Estate Development Company Limited (浙江升華房地產開發有限公司). Mr XIAO joined the Group in March 2004.