Introduction of Jinbin Development Senior Management.

Mr. Lifan Xu, Chairman: He has served as the general manager and chairman of Tianjin TEDA Construction Group. In June 2008, he also served as the party secretary and chairman of Tianjin Jinbin Development Co., Ltd.

Mr. Jiang, Vice Chairman and General Manager: He has served as the manager, deputy general manager and general manager of the finance department of Tianjin Huatai Holding Group Co., Ltd. and the general manager of Tianjin Jinbin Development Co., Ltd., and is currently the vice chairman, general manager and deputy secretary of the Party Committee of Tianjin Jinbin Development Co., Ltd.

Mr. WU GANG, Deputy General Manager: Secretary to the Chairman of Tianjin TEDA Construction Group Co., Ltd. and Secretary to the Board of Directors of Tianjin Jinbin Development Co., Ltd., and now Deputy General Manager of Tianjin Jinbin Development Co., Ltd. and General Manager of Jinbin Hangu Branch.

Mr. Ying Zhao, Deputy General Manager and Chief Financial Officer: He has been the financial manager of Tianjin Jinbin Development Co., Ltd., the general manager of Tianjin Jinbin New Materials Company, the assistant general manager and chief financial officer of Tianjin Jinbin Development Co., Ltd., and is currently the deputy general manager and chief financial officer of Tianjin Jinbin Company.

Mr. Ju, Deputy General Manager: He has served as Minister of Investment Development Department, General Manager of Second Branch and General Manager of Commercial Real Estate Branch, and is currently Deputy General Manager of Tianjin Jinbin Development Co., Ltd. and General Manager of Jinbin Binhai Branch.