Mr. Qiu Zhizhong, born in May 1955, Chinese Hong Kong Nationality, no long-term residence permit of foreign countries, MBA of Harvard Business School. He once worked as Chairman of DragonTech Fund and DragonTech Ventures Management Ltd; Managing Director, Vice President of the Asia-Pacific Region and Executive President of the Greater China Region of ABN (Algemene Bank Nederland); Chairman of ABN AMRO China Limited; Chairman of ABN AMRO Lease (China) Co., Ltd; Managing Director, Vice President of the Asia-Pacific Region and President of the Greater China Region of Barclays Group; President of Meridian Capital (Asia) Limited; Independent Non-executive Director of Wuxi Suntech Power Co.,Ltd; Senior Advisory to Mac Andrews &Forbes Group. He was rated 50 Most Wanted in Finance and 50 Superstar of Derivatives by Global Finance respectively in 1994 and 1995. Mr. QIU is now Independent Non-executive Director of our company; Independent Non-executive Director and Member of the Nomination Committee of CNOOC Limited; Honorary Consul of Republic of Rwanda and Hong Kong SAR.