Peng Xue - SITC International Executive Director, Joint Company Secretary

Mr. Xue Peng is Executive Director and Joint Company Secretary of SITC International Holdings Company Limited. He was previously the Chief Financial Officer of the Company until May 3, 2013. Mr. Xue is responsible for finance accounting and cash management in the Company. Mr. Xue graduated from Shandong Province Foreign Trade and Economic University in 1991 majoring in financial accounting, and graduated from Shangdong University of Economics in 1997 majoring in accounting. He was qualified as an accountant in 2004 an also obtained an undergraduate degree in accounting from Renmin University of China in 2006. He received a master degree in business administration from China Europe International Business School in 2011. Mr. Xue has over 20 years of experience in the shipping industry through his employment in the shipping companies. From March 1993 to March 1996, Mr. Xue worked in Lufeng Shipping, a container shipping company. From March 1996 to January 1998, he served as a financial manager in Guang Lian Shipping Agency Company Limited, a company that is principally engaged in the shipping agency business. Between January 1998 and March 1999, he served as a financial manager in SITC Container Lines Co., Ltd. and Shandong SITC respectively. From March 1999 to February 2002, he served as the finance manager of SITC Japan Co., Ltd. Between February 2002 and January 2003, he served as the general manager of the supervision department in Shandong SITC. He served as a deputy general manager of the finance center of Shandong SITC from January 2003 to April 2006, and as the general manager of the finance department of SITC Holding between April 2006 and January 2008. Between April 2006 and January 2008, he also served as the financial manager of SITC Holding and SITC Shipping Agency Company Limited, respectively. since 2013.