Qianfei Chang

Independent Director

Ms. Qianfei Chang has served as General Manager and Finance Principal at Beijing Shuizhong Guanlang Culture and Media Co., Ltd. since August 2025. From July 2015 to July 2025, Ms. Chang served at China Development Bank Capital Co., Ltd., a national-level strategic investment platform and wholly owned subsidiary of China Development Bank. At China Development Bank Capital, Ms. Chang held several senior positions across core risk management functions, including Deputy General Manager of the Audit Department from June 2023 to July 2025, Deputy General Manager of the Investment Management Department from January 2022 to May 2023, and from July 2015 to December 2021, the core member of the Finance Department where her final position was Deputy General Manager. Prior to joining China Development Bank Capital, Ms. Chang served at United Credit Ratings Co., Ltd., a leading domestically regulated credit rating agency in China, from July 2013 to February 2015, where she was primarily responsible for sovereign credit rating analysis, independently conducting comprehensive assessments of macroeconomic conditions, fiscal health, sovereign debt, foreign exchange reserves, geopolitical risks, and financial system stability at the national level. From September 2008 to January 2011, Ms. Chang served at PricewaterhouseCoopers in Beijing, where she participated in annual financial statement audits and specialized internal control audits for multiple listed companies and large central state-owned enterprises. Ms. Chang is a Certified Public Accountant in China and holds the title of Intermediate Economist. Ms. Chang obtained her Master of Business Administration degree with a concentration in Finance from the Chinese University of Hong Kong in June 2013. She received her Master's degree in Power Engineering and Engineering Thermophysics from Tsinghua University in July 2008 and her Bachelor's degree in Vehicle Engineering from Tsinghua University in July 2006.