Executive Directors

• Mr. Chen Yihong (Chairman)
• Mr. Qin Dazhong (Chief Executive Officer)

Non-executive Directors

• Mr. Gao Yu

Independent Non-executive Directors

• Dr. Xiang Bing
• Mr. Xu Yudi
• Mr. Jin Zhi Guo

Mr. Chen Yihong is our founder, chairman and executive Director. Mr. Chen is primarily responsible for our overall corporate strategies, planning and business development. Mr. Chen has extensive experience in the sporting goods industry in China. From 1991 to 2005, Mr. Chen was the vice-general manager, general manager and chief executive officer of Beijing Li Ning Sports Goods Co., Ltd. (北京李寧體育用品有限公司) and the executive director of Li Ning Company Limited, a company listed on Hong Kong Stock Exchange. He was also appointed as the vice-chairman of the National Volleyball Association (中國排球協會) in 2002. Mr. Chen obtained an executive master's of business administration degree from Lincoln University in the United States in 2003.

Mr. Qin Dazhong is our chief executive officer and executive Director. Mr. Qin is primarily responsible for our Company's overall strategic planning and the management of our Company's business. Mr. Qin joined Beijing Dongxiang as general manager since October 2002 and has over 11 years of experience in the operation of sportswear companies. From 1997 to 2002, he held various positions at Beijing Li Ning Sports Goods Co., Ltd. (北京李寧體育用品有限公司) where he was responsible for its corporate planning, international business and financial control. Prior to joining the sportswear industry, he worked for the National Audit Office of the PRC (中國國家審計署). He has a Bachelor's degree in economics from Zhongshan University (中山大學) and an executive master's in business administration degree from Guanghua School of Management of Peking University (北京大學光華管理學院) in 2002.

Mr. Gao Yu is our non-executive Director. Mr. Gao joined our Company in May 2006. He is currently the executive director of the Private Equity Division of Morgan Stanley Asia Limited, and he primarily focuses on private equity investment activities in China. He is also a non-executive director of Belle International Holdings Limited, a company listed on the main board of Hong Kong Stock Exchange. Prior to joining Morgan Stanley Asia Limited, he worked in Citigroup's Investment Banking Division in Asia for about five years. Mr. Gao had also worked in Donaldson, Lufkin & Jenrette's Capital Markets Group in New York. Mr. Gao graduated from Stanford University with a Master's degree in engineering-economic systems and operations research as well as from Tsinghua University (清華大學) in Beijing with dual Bachelors' degrees in engineering and economics.

Dr. Xiang Bing is our independent non-executive Director. Dr. Xiang obtained a Doctoral degree in accounting from the University of Alberta in Canada. He has over 11 years of teaching experience in the academic field. Dr. Xiang is currently the founding dean and professor of the Cheung Kong Graduate School of Business (長江商學院). He is an independent non-executive director and committee member of the audit committee and remuneration committee of Dan Form Holdings Company Limited, HC International, Inc., Enerchina Holdings Limited and Sinolink Worldwide Holdings Limited. He is also an independent non-executive director and committee member of remuneration committee of Little Sheep Group Limited. All of the above-mentioned companies are listed on the Hong Kong Stock Exchange.

Dr. Xiang currently serves as independent non-executive director and committee member of audit committee, remuneration committee and nomination committee of LDK Solar Co., Ltd. Dr. Xiang also serves as independent non-executive director and committee member of audit committee of E-House (China) Holdings Limited. All of the abovementioned companies are listed on the New York Stock Exchange. Dr. Xiang also serves as independent non-executive director and committee member of audit committee and remuneration committee of Perfect World Co., Ltd., a company listed on Nasdaq.

Between 2006 and 2008, Dr Xiang was an independent non-executive director and a committee member of the audit committee of Jutal Offshore Oil Services Limited, a company listed on the Hong Kong Stock Exchange.

Between 2001 and 2007, Dr. Xiang was a director of Shaanxi Qinchuan Machine Development Co., Ltd. (陝西秦川機械發展股份有限公司) and Guangdong Midea Electric Appliances Co., Ltd. (廣東美的電器股份有限公司). Between 2006 and 2008, Dr. Xiang was a director of Shenzhen Terca Technology Co., Ltd. (深圳市特爾佳科技股份有限公司) Between 2004 and 2008, Dr. Xiang was a director of TCL Corporation (TCL集團股份有限公司). All of the above-mentioned companies are listed on the Shenzhen Stock Exchange.

Between 2004 and 2006, Dr. Xiang was a director of Wuhan Jianmin Pharmaceutical Groups Co., Ltd. (武漢健民藥業集團股份有限公司) which is a company listed on the Shanghai Stock Exchange.

Mr. Xu Yudi, is our independent non-executive director. Mr. Xu obtained qualifications as a certified public accountant and senior auditor in the PRC. He is a committee member of the Chinese Institute of Certified Public Accountants. He obtained his master degree in economics from the Institute for Fiscal Science Research under the State Ministry of Finance (財政部財政科學研究所). He is currently a director of China Citic Group (中國中信集團公司) and consultant of Group Strategy and Planning Department. For the period between 1994 and 2009, Mr. Xu ws the vice president and general accountant of China Leasing Company Limtied (中國租賃有限公司), president and chairman of Citic International Cooperation (中信國際合作公司), vice president and vice chairman of Citic Constructions Co. Ltd. (中信建設有限責任公司). Prior to that, he was a lecturer of Tianjin Commercial School (天津財貿學校) and also the officer, division chief, deputy director, deputy delegate and director of National Audit Office. He was also an intern at the Office of Auditor General of Canada from 1983 to 1985.

Mr. Jin Zhi Guo is our independent non-executive Director. Mr. Jin is a senior economist with EMBA at China Europe International Business School and Ph.D at Qingdao University. Since 1975, Mr. Jin had served in various positions including head of power department of Tsingtao Brewery Factory, assistant to plant manager of Tsingtao Brewery No. 1 in 1994, general manager of Tsingtao Brewery (Xi'an) Company Limited in 1996, general manager of Tsingtao Brewery North Office, assistant to general manager and general manager of Tsingtao Brewery Co., Ltd (青島啤酒股份有限公司) between 2000 and 2001. Mr. Jin was promoted as president and vice-chairman of Tsingtao Brewery Co., Ltd (青島啤酒股份有限公司) in 2002. Since 2008, Mr. Jin was elected as the chairman of Tsingtao Brewery Co., Ltd (青島啤酒股份有限公司). Mr. Jin is also the chairman and the CEO of Tsingtao Brewery Group Company Limited. Mr. Jin is a current director of QKL Stores Inc., a company listed on the NASDAQ since September 2009. Mr. Jin has extensive experience in strategic management, sales and marketing management and capital operations. In 2008, Mr. Jin was awarded "2007 CCTV Top 10 Economic-Figures". He is the national representative of the 10th and 11th National People's Congress.