In 1998, Mr Li was appointed as the director and chief auditor of Shandong Dongming Petrochem Group Company Limited (&ldquo Dongming Petrochem&rdquo ) and was responsible for the daily operations of the business as well as the accounting functions of the company. In 2001, Mr Li was appointed chairman of Dongming Petrochem group and has since been responsible for the overall development and operations of the business. Mr Li is a People&rsquo s Representative in the annual National People&rsquo s Congress of Shandong Province.

Mr Li is also a deputy chairman of the Dongming County Chinese People&rsquo s Political Consultative Conference. Mr Li received a senior auditor qualification from the Shandong Province Audit Profession Advance Accreditation Committee in December 1998 and a senior accounting qualification from the Shandong Province Accounting Profession Advance Accreditation Committee in December 1999.

Mr Li obtained a Bachelor&rsquo s degree in Financial Accounting from the University of Shandong Officials in 1999 and has completed a business administration graduate programme offered by the Shandong University in December 2004. Since 2015, Mr Li has been appointed as the chairman of the Association of oil & petrochemical Refinery in the Shandong province(山 东 省 炼 油 化 工 协 会 )