Mr. NG Ming Wah, Charles, appointed in September 2004, is an Independent Non-Executive Director of the Company and has since acted as the chairman of the audit committee. Mr. NG graduated from Loughborough University in England in 1972 with a Bachelor of Science degree in Electrical and Electronic Engineering and from the London Graduate School of Business Studies (London Business School) in England in 1974 with a Master of Science degree in Business Studies. He is the managing director of Equitas Capital Limited, the business of which is the provision of strategic corporate financial advisory services, and has over 26 years of experience in corporate finance and investment banking. Mr. NG is a non-executive director of Goldlion Holdings Limited (stock code: 533); and an independent non-executive director of each of China Everbright Limited (stock code: 165), Dalian Port (PDA) Company Limited (stock code: 2880) and China Molybdenum Co., Ltd. (Hong Kong Stock Code : 3993). In addition, Mr. NG holds a number of community service positions, including as a member of the Council of Lingnan University of Hong Kong and a member of the Board of Governors of the Hong Kong Arts Centre.

Mr. Andrew Y. YAN, appointed in June 2001, is an Independent Non-Executive Director of the Company. He is the managing partner of SB Asia Investment Fund II and Softbank Asia Infrastructure Fund (SAIF). Mr. Yan received a Master degree in Sociology and Economics from Beijing University in 1986 and a second Master degree from Princeton University in the United States in 1989. He obtained his Bachelor degree in Engineering from the Nanjing Aeronautic Institute in the PRC. Mr. Yan was the managing director and head of the Hong Kong office of the Emerging Markets Partnership from 1995 until 2001. From 1994 to 1995, Mr. Yan worked at Sprint International Corporation as the director of strategic planning and business development for the Asia Pacific Region. Under Mr. Yan’s leadership, SAIF’s investment in Shanda Interactive Entertainment (SNDA) has been named “the Investment of the Year” by China Venture Capital Industry in 2003. SAIF was voted as “VC Firm of the Year” and Mr. Yan was elected as “Venture Capitalist of the Year” in 2004 by China Venture Capital Association. Mr. Yan is currently a governor of the Chinese Venture Capital Association, an independent director of Eastern Communications Co., Ltd. and an independent non-executive director of China Oilfield Services Ltd.

Mr. LIU Jipeng, appointed in April 2006, is an Independent Non-Executive Director of the Company. He graduated from the Industrial Economic Department of the Graduate School of Chinese Academy of Social Sciences with a master degree in Economics. Mr. Liu is a supervisor and a professor of Corporate Research Institute of Capital Economic and Trade University, and a mentor of the graduate students of the Research Institute for Fiscal Science, the Ministry of Finance of the PRC. He has acted as a consultant of the municipal government of each of Tianjin, Chengdu and Nanning, and the former State Power Corporation. He was also a member of the legal expert group for the PRC enterprises to be listed in Hong Kong and a committee member of the 7th – 8th of All-China Youth Federation. He was an expert member of the Amendment Committees of NPC for State-owned Assets Law and Futures Transaction Law respectively. Mr. Liu is specialized in implementing the theories of demutualization, group engineering and internationalization in sized corporations. He is a well-known expert in demutualization and solving company problems. In the past ten years, he acted as a leader in almost 200 shareholding structure, listing and management consultancy projects for different kind of enterprises. Since August 2004, Mr. Liu has been an independent non-executive director of Huaneng Power International, Inc., a company listed in Hong Kong, the PRC and the United States.