Hong Yao

Founder, Chairman of the Board of Directors and Chief Executive Officer

Mr. Hong Yao is Weidai’s founder and the chairman of the board of directors and has served as the Company’s chief executive officer since its inception in 2011. Mr. Yao has over 11 years of experience in China’s small and micro enterprise sector. Mr. Yao has received various industry awards and accolades, including the “2014 New Zhejiang Merchants Award”, from Zhejiang Youth Entrepreneurs’ Association, Youth Times and Xinhua News Agency and the “2017 Top Ten Finance Innovation Award” from Zhejiang Online News Network. Mr. Yao received his bachelor’s degree in computer applications and maintenance from Zhejiang Business College in 2000 and his EMBA degree from China Europe International Business School in 2015.