mr. qiu zhizhong, born in may 1955, chinese hong kong nationality, no long-term residence permit of foreign countries, mba of harvard business school. he once worked as chairman of dragontech fund and dragontech ventures management ltd; managing director, vice president of the asia-pacific region and executive president of the greater china region of abn (algemene bank nederland); chairman of abn amro china limited; chairman of abn amro lease (china) co., ltd; managing director, vice president of the asia-pacific region and president of the greater china region of barclays group; president of meridian capital (asia) limited; independent non-executive director of wuxi suntech power co.,ltd; senior advisory to mac andrews &forbes group. he was rated 50 most wanted in finance and 50 superstar of derivatives by global finance respectively in 1994 and 1995. mr. qiu is now independent non-executive director of our company; independent non-executive director and member of the nomination committee of cnooc limited; honorary consul of republic of rwanda and hong kong sar.