Mr. Tse On Kin, aged 48, was appointed as an executive director on 18 September 2009 and re-designated as the Chairman of the Company on 30 September 2009. Mr. Tse has over 20 years of management experience covering corporate planning, restructure, business development, project injection, merger and acquisition. Mr. Tse has a bachelor degree in Public Policy and Administration from York University in Canada. Mr. Tse is currently the Chairman and an executive director of Kong Sun Holdings Limited (Stock code: 295) and Climax International Company Limited (Stock code: 439), a non-executive director of Asia Energy Logistics Group Limited (Stock code: 351) and an independent non-executive director of Value Convergence Holdings Limited (Stock code: 821). Mr. Tse was also the former chairman of New Times Energy Corporation Limited (Stock code: 166) from May 2007 to April 2009 and Asia Energy Logistics Group Limited from March 2006 to March 2007, an executive director of Mexan Limited (Stock code: 22) from March 2005 to July 2007, a non-executive director of Climax International Company Limited from September 2007 to August 2008 and New Times Energy Corporation Limited from May 2009 to November 2009.

Mr. Pang Chun Kit, aged 37, is currently the chief financial officer of the Company, responsible for financial management, merger and acquisition affairs of the Company. Mr. Pang graduated from the Hong Kong Polytechnic University with a Bachelor degree in Accounting. He is a member of the Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants, having over ten year’s experience in various kinds of auditing, financial, merger and acquisition, fund raising and investor relationship work. Mr. Pang was the former chief financial officer and joint company secretary of Lingbao Gold Company Ltd. (Stock code: 3330), the shares of which are listed on The Stock Exchange of Hong Kong Limited, and the former audit manager of Deloitte Touche Tohmatsu. Save as disclosed above, Mr. Pang has not held any directorships in the last three years in other public companies the securities of which are listed on any securities market in Hong Kong or overseas.

Mr. LAU Man Tak, aged 40, holds a bachelor degree in Accountancy from the Hong Kong Polytechnic University. He has more than 15 years of experience in corporate finance, accounting and auditing. He is a fellow member of the Association of Chartered Certified Accountants in the United Kingdom, an associate member of the Hong Kong Institute of Certified Public Accountants and a member of the Hong Kong Securities Institute. Mr. Lau is an independent non-executive director of each of Climax International Company Limited (Stock code: 439), Golden Resorts Group Limited (Stock code: 1031) and Kong Sun Holdings Limited (Stock code: 295), which are companies listed on the main board of The Stock Exchange of Hong Kong Limited.

Mr. Chi Chi Hung Kenneth, aged 41, has over 18 years of experience in accounting and financial control. He holds a Bachelor of Accountancy Degree from the Hong Kong Polytechnic University and is a fellow member of the Association of Chartered Certified Accountants in the United Kingdom, an associate member of the Hong Kong Institute of Certified Public Accountants, an associate member of the Hong Kong Institute of Chartered Secretaries and an associate member of the Institute of Chartered Secretaries and Administrators in the United Kingdom. Mr. Chi is currently an executive Director of Hua Yi Copper Holdings Limited (stock code: 559), and an independent non-executive Director of ZMAY Holdings Limited (stock code: 8085) and Aurum Pacific (China) Group Limited (stock code: 8148). Mr.Chi was being employed as a consultant by a wholly owned subsidiary of the Company since from 1 March 2010. Save as disclosed, Mr. Chi did not hold any directorships in other public company listed in Hong Kong or overseas in the last three years or any other position with the Company or any of its subsidiaries.

Dr. Wong Yun Kuen, aged 52, received a Ph.D. Degree from Harvard University, and was “Distinguished Visiting Scholar” at Wharton School of the University of Pennsylvania. Dr. Wong has worked in financial industries in the United States and Hong Kong for many years, and has considerable experience in corporate finance, investment and derivative products.  He is a member of Hong Kong Securities Institute.  Dr. Wong is an executive director of UBA Investments Limited (Stock Code: 768), the chairman and executive director of Green Energy Group Limited (Stock Code: 979), and the independent non-executive director of Bauhaus International (Holdings) Limited (Stock Code: 483), China E-Learning Group Limited (Stock Code: 8055), Climax International Company Limited (Stock Code: 439), Golden Resorts Group Limited (Stock Code: 1031), Harmony Asset Limited (Stock Code: 428), Hua Yi Copper Holdings Limited (Stock Code: 559), Kaisun Energy Group Limited (Stock Code: 8203), Kong Sun Holdings Limited (Stock Code: 295), Superb Summit International Timber Company Limited (Stock Code: 1228), China Yunnan Tin Minerals Group Company Limited (Stock Code: 263) and ZMAY Holdings Limited (Stock Code: 8085). Dr. Wong was also an independent non-executive director of Grand Field Group Holdings Limited (Stock Code: 115) from September 2004 to September 2009. All the companies mentioned above are listed companies in Hong Kong.

Mr. Chan Chi Yuen, aged 43, holds a bachelor degree with honours in Business Administration and a master of science degree in Corporate Governance and Directorship. He is a fellow of The Hong Kong Institute of Certified Public Accountants and The Association of Chartered Certified Accountants and is an associate of The Institute of Chartered Accountants in England and Wales. Mr. Chan is a practicing certified public accountant and has extensive experience in financial management, corporate finance and corporate governance. Mr. Chan is currently an independent non-executive director of Asia Energy Logistics Group Holdings Limited (Stock code: 351), China Gamma Group Limited (Stock code: 164), China Gogreen Assets Investment Limited (Stock code: 397), Superb Summit International Timber Company Limited (Stock code: 1228), Richly Field China Development Limited (Stock code: 313), Rojam Entertainment Holdings Limited (Stock Code: 8075) and The Hong Kong Building and Loan Agency Limited (Stock code: 145). Mr. Chan was an executive director of New Times Energy Corporation Limited (Stock code: 166) since 10 May 2006 and was redesignated as a non-executive director from 25 October 2006 onwards. Mr. Chan was also an executive director of Kong Sun Holdings Limited (Stock code: 295) from February 2007 to November 2009, Amax Holdings Limited (Stock code: 959) from August 2005 to January 2009 and China E-Learning Group Limited (Stock code: 8055) from July 2007 to September 2008.

Ms. Xu Lei, aged 31, was appointed as an independent non-executive director, a member of each of the Audit Committee, Remuneration Committee and Nomination Committee on 1 January 2010. Ms. Xu holds a bachelor degree in Journalism. Ms. Xu has more than 5 years working experience with Hong Kong Wen Wei Po and has obtained several press awards.

Ms. Lai Yeung Fun, aged 31, has joined the Company as Assistant Financial Controller since 1 February 2010 and was appointed as Company Secretary on 23 March 2010. Ms. Lai has over 6 years experience in various financial accounting and auditing. Prior joining the Company, she had worked in the assurance division of PricewaterhouseCoopers Limited for about 5 years. Ms Lai holds a Bachelor Degree from the City University of Hong Kong and currently is a member of the Association of Chartered Certified Accountants.

Ms. Cao Chuan, aged 51, BEng, PH.D supervisor in Biology. She had served as an executive director, the deputy chairman and the chief executive officer of the Company from May 2007 to September 2009. She has accumulated more than 20 years of working experience in the field of scientific research and promotion. Various patents have been granted for her invention. She is well-acquainted with the operation, market development and financial management of Chinese forestry enterprise. She has comprehensive knowledge in plant fostering and the coordination and management of scientific experimental project, and also has an agile sense on the induction of new species and purification. Ms. Cao held legal representative in various subsidiaries of the Company which are principally engaged in the business in tree plantation and management, manufacture and distribution of forestry products.

Mr. Cheng Shouheng, aged 51, had served as an executive Director of the Company from May 2008 to September 2009. Mr. Cheng graduated from Peking University with a bachelor’s degree in 1984 and in 1994, received a doctorate degree from Russian Academy of Sciences with the former People’s Friendship University of Russia. Mr. Cheng has over 24 years of managerial experience and over 8 years of experience in the forest industry.