Mr. Andy Wu joined our Board of Directors as an independent Director and Chairman of our Audit Committee effective on January 25 2007. Mr. Wu is currently a Tax Manager at PWC Beijing responsible for the overall operations of the Dalian office including IIT filing tax health check assistance on setting up new enterprise/RO assistance in tax audit defense tax due diligence tax review for IPO projects assistance in negotiation for deemed profit rates and general tax and business consulting. Mr. Wu has held this position since January 2006. During 2005 Mr. Wu was an Assistant Tax Manager at KPMG Shanghai with his main responsibilities involving general tax and business consulting and due diligence work. From August 2004 to March 2005 Mr. Wu was a Senior Tax Consultant with Deloitte’s Suzhou Office primarily responsible for tax review Due Diligence IIT compliance and general tax advisory projects. From March 1998 to August 2001 Mr. Wu was the Chief Officer of the Collections Division for the Nangang Branch of Harbin State Tax Bureau where he was responsible for managing the operations of the Collections Division. Mr. Wu received a Doctorate Finance and Taxation from Xiamen University in June 2004 a Master in Finance and Taxation from Dongbei University of Finance in January 2001 and his Bachelor in Taxation from Xiamen University in July 1992.