Mr Liu Xingxu, CEO and Chairman

Mr Liu has been the General Manager of XLX Chem and XLX Fertiliser since August 2003 and 2006 respectively. He was appointed to our Board of Directors on 26 July 2006 and is in charge of our Group’s overall strategic directions and managing our day-to-day business operations.

As a recognition of his contribution to the PRC chemical fertiliser industry, Mr Liu is currently the Vice Chairman of China Nitrogen Fertiliser Industry Association. He was awarded the “Henan Province Outstanding Private Enterprise Entrepreneur” by Chinese Communist Party of Henan Provincial Committee and People’s Government of Henan Province in 2005 and 2006.

Mr Liu graduated from the Xinxiang Broadcasting and Television University in July 1984 with a Diploma in Arts. Subsequently, he obtained EMBA (Executive Master of Business Administration) degree from Beijing University Guanghua Management School in 2006.

Ms Yan Yunhua, CFO and Executive Director

She has been the Deputy General Manager of XLX Chem (in charge of Finance) and XLX Fertiliser since 2003 and 2006 respectively. She is in charge of all financial matters within our Group. She was appointed to our Board of Directors on 10 November 2006. She has more than 14 years of accounting and finance experience. Ms Yan joined the accounting department of Henan Xinxiang Chemical Factory in December 1997 as Head of Accounting Team and was Deputy Head of Finance Division from March 1998 to October 2000. Ms Yan was Deputy Chief Accountant from November 2000 to July 2003 before being promoted to Chief Accountant and Deputy General Manager in August 2003 after the management buyout.

In May 1997, Ms Yan obtained her Accountant Certification from the Ministry of Finance of the PRC. Ms Yan graduated from Xian Communications University in July 2003 with a Degree in Accountancy. She obtained Senior Accountant Certification from the Henan Province Accountant Series Senior Assessment Committee in December 2005. Ms Yan was accepted into Beijing University Guanghua Management School’s EMBA (Executive Master of Business Administration) degree program in January 2007.

Mr Li Buwen, Executive Director and Deputy General Manager of XLX Fertiliser (in charge of Administration and Quality Assurance)

He was appointed to our Board of Directors on 10 November 2006. Mr Li oversees the overall administrative functions within our Group, and has more than 30 years of operations management experience. He held various posts in the Xinxiang Factory since 1984 prior to his appointment.

Mr Li obtained certification from the State Economic and Trade Commission Economic Cadre Training Center, National Enterprises Human Resource Management and Development in May 2001 and certification from the Beijing Quality Association Quality Management Technical Services Centre Internal Quality System Inspector in August 2005. He has received various awards, such as the Award of Excellence by the State Chemical Industry Department for contribution to the development of the nitrogenous fertiliser industry in February 1998.

Mr Ong Kian Guan, Independent Director

Mr Ong was appointed to our Board of Directors on 11 May 2007. Since October 2005, Mr Ong has been an audit partner with Baker Tilly TFWLCL. From December 2004 to September 2005, he was an audit partner with Moores Rowland Singapore and Mazars Singapore. Mr Ong was employed as the Chief Financial Officer of Medtecs International Corporation Limited from August 2002 to November 2004. From June 2002 to July 2002, he was the Finance Director of Aztech Systems Limited. Prior to that, from June 1992 to June 2002, Mr Ong was an auditor with international accounting firms and his last position held being a Senior Audit Manager with Arthur Andersen. Mr Ong graduated with a Bachelor of Accountancy in June 1992 from the Nanyang Technological University in Singapore.

Mr Li Shengxiao, Independent Director

Mr Li was appointed to our Board of Directors on 11 May 2007. Mr Li joined Shaoxing Arts and Science College after graduation in July 1987 and engaged in education and scientific research work, and is currently a Professor and the Dean of the School of Economics and Management in Shaoxing Arts and Science College since November 2004. Concurrently, he is also the Instructor of the Establishment of Zhejiang Province Small and Medium Enterprises in the Zhejiang Province Small and Medium Enterprises Bureau since November 2006. Mr Li has been an independent director of Zhejiang Jinggong Technology, (浙江精工科技), a public-listed company in Shenzhen since September 2006.

Mr Li graduated from Hangzhou University (杭州大学), now known as Zhejiang University in July 1987 with a graduation certificate in Politics. He graduated from Hangzhou University (now known as Zhejiang University) in July 1990 with a master degrees in law. He was awarded Zhejiang Province High School Outstanding Youth Teacher in 1990 and was engaged as professor in November 2004.

Mr Ong Wei Jin, Independent Director

Mr Ong was appointed to our Board of Directors on 11 May 2007. He is presently a partner of Colin Ng & Partners, a firm of advocates and solicitors in Singapore. His main areas of practice are corporate finance and general corporate law.

Prior to joining Colin Ng & Partners in 1999, Mr Ong was a Deputy Public Prosecutor with the Commercial Affairs Department from 1991 to 1999. He obtained a Bachelor of Law (Honours) from the National University of Singapore, a Masters in Business Administration from the University of Hull and a Masters of Law from the National University of Singapore.