CORPORATE GOVERNANCE

The Company has established three committees, namely, the Audit Committee, the Nomination Committee and the Remuneration Committee. All of the committees have adopted terms of reference in accordance with the principles set out in the Code on Corporate Governance Practices in Appendix 15 of the GEM Listing Rules.

Members of the Audit Committee

Mr. Stephen MARKSCHEID * (Chairman)

Mr. Weidong ZHANG *

Mr. Longgen ZHANG *

Members of the Nomination Committee

Ms. Di DUAN (Chairman)

Mr. Stephen MARKSCHEID *

Mr. Weidong ZHANG *

Members of the Remuneration Committee

Mr. Longgen ZHANG * (Chairman)

Ms. Di DUAN

Mr. Weidong ZHANG *

* Independent non-executive directors of the Company

Procedures for proposing a person for election as a director of the Company

Nomination Policy

Dividend Policy

Dividend Policy