You can make use of xpath
//div[@class='ibox-content']//ul//li[1]
This works as shown in the image below
In your python
driver.find_element_by_xpath("//div[@class='ibox-content']//ul//li[1]");
Or use below CSS selector
.ibox-content ul li
Works as shown in the image below
In your python
driver.find_element_by_css_selector(".ibox-content ul li");
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