Mr. CHENG Fumin, aged 63, appointed in April 2007, the non-executive Director. Mr. CHENG graduated from the Central South University (formerly known as Zhongnan Metallurgics Colleage), majoring in geology. Prior to joining the Company, he previously held senior positions in a number of companies, government bodies and industry organization including the former general manager of the China National Gold Group Corporation, the former general manager of Administration of Gold of State Economic & Trade Commission of China, vice director of geology bureau of the Ministry of Metallurgical Industry of China and the former president of China Gold Association. Mr. CHENG has extensive knowledge and is experienced in the exploration and development of the mineral resources. Moreover, he previously held the office of directorship in the relevant government bureau.