Biographical Details of Directors

EXECUTIVE DIRECTOR

INDEPENDENT NON-EXECUTIVE DIRECTOR

EXECUTIVE DIRECTOR

Mr. LI Suiming, a senior engineer, graduated from Yunnan Polytechnic College. Mr. Li studied the master program of International Economic and Trade Relationships of Tianjin NanKai University in 2002 and obtained a master degree in 2004. Mr. Li held the posts of workshop chief and chief engineer in Yuxi Cigarette Factory from 1975 to 1997. He was appointed as the Vice President of Hongta Group in 1997. From 2003 to 2006, Mr. Li was also the Chairman of Yunnan Hongta Group Company Limited (formerly known as Yunnan Hongta Investment Company Limited). In 2006, he was promoted to the position of President of Hongta Group. Mr. Li is currently the Chairman of the Company.

Mr. FANG Wen Quan, is currently the Managing Director of the Company. He is also the Chairman and General Manager of Tianda Group Limited, Tianda Pharmaceuticals Limited and Tianda Resources Limited. Since 2007, Mr. Fang has been appointed by the government of New South Wales, Australia as a member of NSW-Asia Business Council.

Mr. LIU Huijiang, a senior engineer, graduated from College of Water Resources and Hydroelectric Engineering (now Wuhan University). Mr. Liu held the posts of design department head, assistant factory manager and factory manager of Yuxi Hydropower Supplies Factory from 1976 to 1993. He was appointed as deputy general manager of Yunnan Hongta Group Company Limited(formerly known as Yunnan Hongta Investment Company Limited) as from January 1994. Mr. Liu is also the director of SDIC Yunnan Dachaoshan Hydropower Company Limited, Yunnan Huaneng Lancang River Hydropower Company Limited, Hongta Financial Investment Company Limited, Yunnan Baiyao Group Company Limited and Kunming Pharmaceutical Corporation.

INDEPENDENT NON-EXECUTIVE DIRECTOR

Mr. CHIU Sung Hong, received an LL.B. degree from the University of Sydney. He is admitted as a solicitor of the Supreme Court of New South Wales and the High Court of Australia. He has over 30 years of experience in legal practice. Mr. CHIU is the founding member of the Board of Trustees of the Australian Nursing Home Foundation and served as the General Secretary of Australian Chinese Community Association of New South Wales. Mr. CHIU is an Independent Non-executive Director of the CNOOC Limited. He has been appointed as an independent non-executive director, a member of the remuneration committee, the chairman and a member of the audit committee of the Company with effect from 10 April 2008.

Mr. LAM Yat Fai, is a Certified Public Accountant (Practising). He is also a member of the Hong Kong Institute of Certified Public Accountants and a fellow member of the Association of Chartered Certified Accountants. Mr. Lam worked with Kwan Wong Tan & Fong and Deloitte Touche Tohmatsu for over 10 years. Mr. Lam has over 18 years of experience in auditing, taxation, corporate finance and accounting. Mr. Lam is also an independent non-executive director of G-Prop (Holdings) Limited, Oriental Press Group Limited and New Smart Energy Group Limited, all of which are public companies listed on the main board of The Stock Exchange of Hong Kong Limited.

Mr. Chiu Fan Wa, FCCA, FCPA (Practising), ACA, ACIS, ACS. Mr. Chiu is a founder and the managing director of Chiu, Choy & Chung C.P.A. Limited, a local audit firm and a partner of F. S. Li & Co, a local audit firm. He graduated from City University of Hong Kong and obtained a Bachelor of Arts (Honours) degree with major in accountancy in 1992 and was awarded a Master of Professional Accounting from The Hong Kong Polytechnic University in 2002. He is a Certified Public Accountant (Practising) in Hong Kong, a fellow of the Hong Kong Institute of Certified Public Accountants, a fellow of the Association of Chartered Certified Accountants, a member of The Society of Chinese Accountants & Auditors, the Associate Member of the Institute of the Chartered Accountants in England and Wales, an associate of The Hong Kong Institute of Chartered Secretaries and an associate of The Institute of Chartered Secretaries and Administrators, United Kingdom. Mr.Chiu is also an Independent Non-Executive Director of Kenford Group Holdings Limited which is listed on The Stock Exchange of Hong Kong Limited.