Mr.Qi Hong is the Chairman of the Board of Directors of the Company. Mr. Hong was the President and a Vice Chairman of the Board of Directors of the Company, an Executive Vice President and an Executive Director of the Company, the Chairman of the Trade Union, the General Manager of Beijing Administrative Department of the Company, and the Director of the Business Department of the Head Office. He was the Managing Director of Beihai Branch of Bank of Communications, a Deputy Director of the Securities Research Institute of Renmin University of China, and a Section Chief at the head office of the People's Bank of China. Mr. Hong was born in 1957. He holds a Ph.D degree in economics and is a senior economist.