Members

EXECUTIVE DIRECTORS

Mr David An, aged 47, joined the Company as Chairman in 2002. He is also the director of Union Petro-Chemicals (BVI) Company Limited (''UPC''), Guangdong Petro-Chemicals Company Limited (''GDPC''), Guangdong (Panyu) Petrochemical Storage & Transportation Ltd (''GD(Panyu)''). He has many years of experience in China trade particularly in the trading of petroleum products and petrochemicals, property investments and developments in China. He is the sole director of Vand Petro-Chemicals (BVI) Company Ltd and Extreme Wise Investments Limited, substantial shareholders of the Company.

Mr Fung Chi Kwan, Nicholas, aged 47, joined the Company as Chief Financial Officer and Company Secretary on 1 June 2005. Mr Fung is an associate member of the Institute of Chartered Accountants in England and Wales and a fellow member of the Hong Kong Institute of Certified Public Accountants. He has over 20 years of experience in financial management for multinational corporations and listed companies and has worked in major
international accounting firms.

Ms Liu Zhi Jun, aged 39, is the financial controller of GDPC and GD (Panyu), and a director of GD (Panyu). Ms Liu graduated from Zhongshan University in 1989 with a Bachelor’s degree in Economics. She joined GDPC in 1997 and has more than 16 years of experience in financial management. Ms Liu holds the auditor qualification certificate of speciality and technology issued by the Ministry of Personnel of the People’s Republic of China.

INDEPENDENT NON-EXECUTIVE DIRECTORS

Mr Li Wai Keung, aged 50, joined the Company as independent non-executive director in 2002. He is also the Chairman of the Audit Committee of the Company. Mr Li graduated from Hong Kong Polytechnic. Mr Li holds a Master's degree in Business Administration from the University of East Asia. He is also a fellow member of The Association of Chartered Certified Accountants and Hong Kong Institute of Certified Public Accountants. Mr Li has held a number of positions with companies including Sino Land Company Limited and Henderson Land Development Company Limited. Mr Li is now a director and financial controller of GDH Limited, and also a director of Guangdong Investment Limited and an independent non-executive director of Shenzhen Investment Limited.

Mr Liu Jian, aged 53, joined the Company as independent non-executive director in 2002. Mr Liu is currently a director of CITIC Capital Markets Ltd. Mr Liu previously worked for China state-owned enterprises including China Resources Holdings Company Limited and Ministry of Foreign Trade and Economic Cooperation, the PRC. He is also the independent non-executive director of Long Far Pharmaceutical Holdings Limited. Mr Liu has over 10 years of investment banking experience and over 18 years of experience in China business management. He graduated from Jiaotong University, Shanghai.

Mr Chan Chun Wai, Tony, aged 35, joined the Company as independent non-executive director in 2005. He is also a member of the Audit Committee of the Company. Mr Chan is a Certified Public Accountant (Practicing) of the Hong Kong Institute of Certified Public Accountants and a member of CPA Australia. He has extensive experience in audit assurance and business advisory services with clients operating in a variety of industries including application software development and installation, website design and development, textile, construction, food processing, property development, freight forwarding, consumer electronic products and other manufacturing industries in both Hong Kong and the PRC. Moreover, Mr Chan has over 10 years of experience in public listings in Hong Kong and Singapore, mergers and acquisition as well as corporate finance. Before commencing his own practice, Mr Chan has worked in major international accounting firms and a listed company. Mr Chan is a graduand of a Master's degree in Business Administration from the Manchester Business School. Mr Chan was also a visiting lecturer of the Hong Kong Polytechnic University.