Independent Non-executive Directors

Mr. WONG Po Yan, G.B.M, C.B.E., J.P., aged 87, was appointed as independent non-executive director on 16 December 1996. Mr. WONG holds an honorary doctorate degree in Business Administration from the City University of Hong Kong and an honorary doctorate degree in Social Science from Hong Kong Baptist University. He is the founder of United Oversea Enterprises, Ltd, the honorary president of Chinese Manufacturers Association of Hong Kong. Mr. WONG is formerly the vice chairman of the Basic Law Committee of the Hong Kong Special Administrative Region under the Standing Committee of the National People’s Congress of the PRC, and a member of the Hong Kong Legislative Council, chairman of the Airport Authority of Hong Kong. At present, Mr. WONG is an independent non-executive director of the following listed public companies in Hong Kong: namely, Allied Group Limited, Fintronics Holdings Company Limited, China Electronics Corporation Holdings Company Limited, Sinopec Kantons Holdings Limited, Alco Holdings Limited and Mingfa Group (International) Company Limited.

Mr. LI Wai Keung, aged 53, was appointed as independent non-executive director on 27 September 2004. Mr. LI was graduated from Hong Kong Polytechnic University and holds a Master’s degree in Business Administration from The University of East Asia, currently known as the University of Macau. He is a fellow member of the Association of Chartered Certified Accountants and the Hong Kong Institute of Certified Public Accountants. He has held a number of positions in listed public companies in Hong Kong, including the subsidiaries of Henderson Land Development Company Limited and Sino Land Company Limited. He was a member of the Election Committee for 2007 HKSAR Chief Executive Election. Mr. LI has been a non-executive director of Guangdong Investment Limited, a listed public company in Hong Kong, since May 2000. He is currently an executive director and financial controller of GDH Limited and financial controller of Guangdong Holdings Limited (廣東粤海控股有限公司). Mr. LI is also an independent non-executive director of Hans Energy Company Limited, China South City Holdings Limited and Hong Long Holdings Limited, all being listed public companies in Hong Kong, a director of Shenzhen Airport (Group) Company, a member on the Council of the Hong Kong Chinese Orchestra Limited, vice chairman of the Financial and Accounting Affairs Steering Committee of the Hong Kong Chinese Enterprises Association (香港中國企業協會財會專業委員會).

Mr. WU Wai Chung, Michael , aged 60, was appointed as independent non-executive director on 9 October 2002. He was formerly the deputy chairman of the Shanghai Stock Exchange and a Commissioner in the Strategy & Development Committee of the China Securities Regulatory Commission. Prior to that, he was deputy chairman, chief operating officer and executive director responsible for the Intermediaries Division, comprising the Licensing and Intermediaries Supervision Departments until his departure from the Securities and Futures Commission on 31 December 1997. At present, Mr. WU is an independent non-executive director of SW Kingsway Capital Holdings Limited and First Mobile Group Holdings Ltd, and an executive director of Tradelink Electronic Commerce Ltd, all being listed public companies in Hong Kong.