南京泉峰科技有限公司

Mr. Pan Longquan (潘龍泉) (“Mr. Pan”) is our principal founder, executive Director, Chairman and Chief Executive Officer. Mr. Pan is primarily responsible for supervising overall operations, management, strategic planning and business development of our Group.

Mr. Pan has over 30 years of experience in the power tool and OPE industry and 30 years of management experience in our Group. Mr. Pan founded our principal operating subsidiary, Nanjing Chervon Industry Co., Ltd. (“Nanjing Chervon Industry”) and has served as its chairman since September 1997. On June 22, 1999, Mr. Pan was appointed as our executive Director, Chairman and Chief Executive Officer.

Mr. Pan currently serves as a director in a number of our subsidiaries and as the general manager of Chervon (China) Investment Co., Ltd.* (泉峰(中國)投資有限公司) (“Chervon China Investment”). He is also a director of Chervon Global Holdings Limited (“Chervon Global”) and its various subsidiaries, which are principally engaged in the production of key automobile and mechanical components and investment management. Mr. Pan serves as the chairman of Nanjing Chervon Auto Precision Technology Co., Ltd. (南京泉峰汽車精 密技術股份有限公司) (“Chervon Auto Precision Technology”), a company listed on the Shanghai Stock Exchange (stock code: 603982.SH) since October 2012. Prior to founding the predecessor company of our Group, Nanjing Chervon International Trading Co., Ltd.* (南京泉峰國際貿易有限公司) (“Chervon International Trading”) in 1994, Mr. Pan served as a salesperson in Nanjing Machinery, Minerals, Metals & Medicine Import and Export Company* (南京機械五金礦產醫藥保健品進出口公司), a company engaged in machinery import and export trading, from July 1988 to June 1993.

Mr. Pan received his bachelor’s degree and his master’s degree in earth sciences from Nanjing University (南京大學) in the PRC, in July 1985 and July 1988, respectively.

Ms. Zhang Tong (張彤) (“Ms. Zhang”) is our co-founder, executive Director and executive vice president for the North America sales & marketing. Ms. Zhang is primarily responsible for supervising overall operations, management, strategic planning and sales and marketing development of our Group in North America.

Ms. Zhang has over 20 years of experience in the power tool and OPE products industry and management experience in our Group. Ms. Zhang co-founded our principal operating subsidiary, Nanjing Chervon Industry, and has served as its director since September 1997. On June 22, 1999, Ms. Zhang was appointed as our executive Director and executive vice president for the North America sales and marketing. Ms. Zhang currently serves as a director in a number of our subsidiaries. She is also a director of Chervon Global and

its various subsidiaries, which are principally engaged in the production of key automobile and mechanical components and investment management. Ms. Zhang serves as a director of Chervon Auto Precision Technology, a company listed on the Shanghai Stock Exchange (stock code: 603982.SH), since October 2016.

Ms. Zhang studied foreign trade English from Hohai University (河海大學) in the PRC and graduated in July 1991. Ms. Zhang received her master’s degree in business management from China Europe International Business School (中歐商學院) in the PRC in May 2012.

Mr. Ke Zuqian (柯祖謙) ( “Mr. Ke”)  is our co-founder, executive Director and executive vice president for manufacturing and supply chain. Mr. Ke is primarily responsible for supervising manufacturing and production processes and management of our Group.

Mr. Ke has over 20 years of experience in the power tool and OPE products industry and management experience in our Group. Mr. Ke joined Chervon International Trading in January 1996 as a technical director, and has served as a director and a vice general manager of Nanjing Chervon Industry since September 1997. On June 22, 1999, Mr. Ke was appointed as our executive Director and executive vice president for manufacturing. Mr. Ke currently serves as a director in a number of our subsidiaries and as the general manager of

Nanjing Chervon Industry. He is also a director of Chervon Global and its various subsidiaries, which are principally engaged in the production of key automobile and mechanical components and investment management. Mr. Ke serves as a director of Chervon Auto Precision Technology, a company listed on the Shanghai Stock Exchange (stock code: 603982. SH), since October 2016. Prior to joining our Group, Mr. Ke was a lecturer in Tongji University (同濟大學) from July 1984 to June 1992, a technical manager in TüV Rheinland (TUV 德國萊 茵公司), a technical services provider, from July 1992 to May 1994 and a technical manager in TüV SUD (TUV 添福產品服務公司), a testing and certification provider, from June 1994 to December 1995.

Mr. Ke received his bachelor’s degree and his master’s degree in industrial automation from Tongji University (同濟大學) in the PRC in July 1984 and April 1990, respectively.

Mr. Michael John Clancy (“Mr. Clancy”) is our executive Director. Mr. Clancy is primarily responsible for overseeing the strategic initiatives of the Group.

Mr. Clancy has extensive experience in the power tool industry and has accumulated over 30 years of experience in corporate management.

Mr. Clancy joined our Group in September 2018 and has since served as the chief executive officer of Chervon NA until the end of 2024. Mr. Clancy was appointed as our executive Director on August 4, 2021. Prior to joining our Group, Mr. Clancy served as the vice president for the national accounts unit of Skil Corporation from 1978 to 1992, a power tool and accessory supplier which was later acquired by our Group, the vice president of the consumer business group of Rust-Oleum Corporation, a paint supplier, from 1992 to 1995 the president of RotoZip Tool Corp, a power tool and accessory supplier, from 1995 to 2000 and the senior vice president of the North American Sales organization and the project management of Robert Bosch Tool Corporation, a power tool and accessory supplier, from 2010 to 2016 and from 2016 to 2017,respectively.

Mr. Clancy received his bachelor’s degree in business from Western Illinois University in the U.S. in May 1977 and his master’s degree in business administration from Depaul University in the U.S. in February 1983. Mr. Clancy has been one of the board members of the Outdoor Power Equipment Institute since March 2021.

Dr. Li Minghui (李明輝) has been appointed as our independent non-executive Director with effect from December 8, 2021. Dr. Li is primarily responsible for supervising and providing independent judgment to our Board. Dr. Li was a lecturer in accounting from August 2003 to July 2005 and an associate professor in accounting from August 2005 to November 2006 at the School of Management in Xiamen University (廈門大學). Dr. Li served as an associate professor at the School of Business in Nanjing University (南京大學) from December 2006 to December 2009. Since December 2009, Dr. Li has been a professor in accounting at the School of Business in Nanjing University (南京大學).

Dr. Li has been an independent non-executive director of Nanjing Zhongweixin Software Technology Co., Ltd.* (南京中衛信軟件科技股份有限公司), a company principally engaged in computer software development since August 2020 and has also served as an independent non-executive director of a number of listed companies, including Baosheng Science and Technology Innovation Co., Ltd. (寶勝科技創新股份有限公司) (stock code: 600973.SH) from December 2014 to May 2019, Changchai Co., Ltd. (常柴股份有限公司) (stock code: 000570.SZ) from March 2015 to April 2020, Jiangsu Fasten Co., Ltd. (江蘇法爾勝股份有限公司) (stock code: 000890.SZ) from April 2015 to November 2019, Nanjing Securities Co., Ltd. (南京證券股份有限公司) (stock code: 601990.SH) from May 2016 to June 2022 and GCL Energy Technology Co., Ltd. (協鑫能源科技股份有限公司) (stock code: 002015.SZ) since June 2019.

Dr. Li has been a director of China Audit Society (中國審計學會) since December 2009 and the vice president of Jiangsu Audit Society* (江蘇審計學會) since January 2019.

Dr. Li received his bachelor’s degree in accounting from Nanjing University of Science and Technology (南京理工大學) in the PRC in June 1997 and his master’s degree in accounting from Shandong University of Economics (山東經濟學院) (currently known as Shandong University of Finance and Economics (山東財經大學)) in the PRC in June 2000.

Dr. Li obtained his doctorate degree in accounting from Xiamen University (廈門大學) in July 2003. Dr. Li is qualified as a non-practicing certified public accountant issued by The Chinese Institute of Certified Public Accountants since December 2009.

Mr. Jiang Li (蔣立) has been appointed as our independent non-executive Director with effect from December 8, 2021. Mr. Jiang is primarily responsible for supervising and providing independent judgment to our Board.

Mr. Jiang was the founder of Nanjing Tianjia Air-conditioning Equipment Co., Ltd.* (南京天加空調設備有限公司), which was later renamed as Nanjing Tianjia Environmental Technology Co., Ltd.* (南京天加環境科技有限公司) and had been appointed as its director and general manager in 1999, and has currently served as the chairman of the board of the same. Mr. Jiang served as a director of MayAir Technology (China) Co., Ltd (美埃(中國)環境科技股份有限公司) from July 2019 to March 2020 and was appointed as the chairman of its board since March 2020. Mr. Jiang has been a director of Guangzhou Smardt Chiller Manufacturing Co., Ltd.* (廣州思茂特冷凍設備製造有限公司) since January 2021. Mr. Jiang is also a member of the National Professional Standardization Technical Committee*(全國專業標準化技術委員會).

Mr. Jiang received his master’s degree in business management from China Europe International Business School (中歐商學院) in the PRC in September 2009. During his career, Mr. Jiang was nominated as an innovative enterprise talent by the Ministry of Science and Technology* (科技部創新企業人才) and an excellent contributor to the cause of socialism with Chinese characteristics in Jiangsu Province* (江蘇省優秀中國特色社會主義事業建設者). Mr Jiang was also awarded the first prize and the second prize in China machinery industry science and technology* (中國機械工業科學技術一等獎及二等獎) and Nanjing science and technology progress award* (南京市科技進步獎).

Dr. Fan Hao (范浩) has been appointed as our independent non-executive Director with effect from February 4, 2026. Dr. Fan is primarily responsible for supervising and providing independent judgment to our Board.

Dr. Fan has over 20 years of experience in the precision instrumentation industry. He has been the chairman of MLoptic Corp. (南京茂萊光學科技股份有限公司), a company listed on the Shanghai Stock Exchange (stock code: 688502), since May 2015. He has also served as the general manager of Moonlight (Nanjing) Instrument Ltd.* (茂萊(南京)儀器有限公司), a subsidiary of MLoptic Corp., since June 2004. He was a director of Nanjing MLoptic Co., Ltd.* (南京茂萊光電有限公司), the predecessor company of MLoptic Corp., from

December 2011 to May 2015. Prior to that, Dr. Fan served as a project manager at SCHOTT (Shanghai) Precision Materials & Equipment International Trading Co., Ltd.* (肖特(上海)精密材料和設備國際貿易有限公司) from January 2003 to May 2004, and served as a business manager at Jiangsu Provincial Foreign Trade Corporation* (江蘇省對外經貿股份有限公司) from August 1994 to December 2001.

Dr. Fan graduated from China Europe International Business School with a master’s degree in business administration in 2003 and obtained a doctoral degree in business administration from Durham University in the United Kingdom in 2020.