Yunfei Li

Chairman, President of the Board

Yunfei Li has served as the Chairman of our board since March 1, 2016. From March 1, 2016 to October 24, 2024, he had been the president and Chief Executive Officer of the Company. He has more than 20 years’ management experience in industries of real estate development, battery, and new energy. Since 2014, he has been designated as the Vice President of Dalian BAK Power, the Company’s subsidiary, in charge of manufacturing facilities construction, government relations and business development. Prior to his service to Dalian BAK Power, Ltd, from 2010 to 2014, Mr. Yunfei Li had been in management role for several new energy and real estate development companies. Prior to that, from 2003 to 2010, he served Shenzhen BAK Battery, a former subsidiary of the Company, as Director of Construction Department, Director of Comprehensive Management Department, and Assistant to President. Mr. Yunfei Li holds a bachelor’s degree in Civil Engineering from Liao Yuan Vocational Technical College.

Xiangyu Pei

Director, Financial Controller

Xiangyu Pei has served as our director since September 24, 2021, and Interim Chief Financial Officer since August 23, 2019 to August 22, 2023. Prior to that, Ms. Pei has been the secretary of the Company since 2017. She has also served as the financial controller of the Company’s subsidiary, CBAK Power since 2017. She has been responsible for the auditing, accounting and investor relations of CBAK Power, as well as assisting in the consolidation and financial reporting of the Company. Ms. Pei received a Ph.D. in World Economics from Jilin University in China.

Jianjun He

Independent Director, Chair of Nominating and Corporate Governance Committee

Jianjun He has been the Director of the Board since 2013. Mr. He has more than 15 years’ experience in accounting and finance, and is an associate member of the Chinese Institute of Certificate Public Accountant (‘CICPA’). Since 2013, Mr. He has been in the Managing Director role for Jilin Cybernaunt Lvke Investment and Management, a China-based investment consulting firm. From 2009 to 2012, he had served as the Chief Financial Officer of THT Heat Transfer Technology, Inc. (NASDAQ: THTI), a heat exchangers and heat exchange solutions provider. He had been the Chief Financial Officer for a wholly owned subsidiary of THT Heat, Siping City Juyuan Hanyang Plate Heat Exchanger Co., Ltd, from 2007 to 2012. Prior to his service to THT Heat and its associate company, Mr. He worked as a senior financial officer for Jilin Grain Group, a state-owned enterprise engaged in grain processing and trading business. Mr. He graduated from Changchun Taxation College in 1995 with a bachelor’s degree in Auditing, and obtained a master’s degree from Jilin University in 2005.

J. Simon Xue

Independent Director, Chair of Compensation Committee

J. Simon Xue has served as our director since February 1, 2016. Dr. Xue has approximately 40 years of experience in nuclear chemistry, solid state chemistry, superconductivity, and materials for lithium-ion batteries. His research career witnessed his 21-year dedication to the research and development of lithium-ion battery. Dr. Xue is currently the Senior Director of the National Institute for Low-&-Clean Energy in China, a member of the National “Thousand Talent” Plan, and a member of the Expert Committee for “Chinese Industrial Association of Power Sources.” Prior to that, Dr. Xue had served as a director of Altair Nanotechnologies Inc., from 2011 to 2022. From 2010 to 2011, he served as the chief executive officer of Yintong Energy Co., Ltd., a Canon Investment Holdings Ltd subsidiary. Besides, Dr. Xue has also held positions at Ultralife, Duracell, B&K Electronics Co., Ltd., Valence Energy-Tech (Suzhou) Co., A123 Systems Inc. and International Battery Inc. He enjoys an extensive reputation in the entire lithium-ion battery in China. In addition, he has authored or co-authored over 50 scientific articles, 12 patents relevant to battery chemistry and materials and participated, presented, and hosted more than 30 battery or material related international conferences. Dr. Xue completed his Ph.D. program in Solid State Chemistry at McMaster University in 1992.

Martha C. Agee

Independent Director, Chair of Audit Committee

Martha C. Agee has served as Director of Board since 2012 and has been designated as the Chair of Audit Committee since 2013. Since 1997, Ms. Agee has been a senior lecturer in Business Law at Hankamer School of Business of Baylor University, where she lectures in Legal Environment of Business, International Business Law, and Healthcare Law & Ethics for both graduates and undergraduates. Prior to her lecturer career, Ms. Agee had practiced law from 1988 to 1996. Ms. Agee obtained her bachelor’s degree in Accounting in 1976 and Juris Doctorate in 1988 from Baylor University.