DIRECTORS

Executive Directors

Mr. Gu Chu Jun, aged 42, has been the chairman of the Board of Directors (the "Board") of the Company since incorporation. Mr. Gu is also the founder of the Greencool Group. He is responsible for setting the Group's overall business development and corporate strategies. He graduated with a master's degree in engineering from Tianjin University, the PRC and has over 15 years of experience in the refrigeration engineering and refrigerant industry. Prior to founding the Greencool Group, Mr. Gu taught in Tianjin University （天津大學）and actively participated in the research of thermodynamics and refrigeration engineering. Mr. Gu is the inventor of Greencool Refrigerants.

Mr. Hu Xiao Hui, aged 35, has been the vice-chairman of the Board since 1 June 2000. Mr. Hu was promoted to be Chief Executive officer and president of the Group in April 2002. Mr. Hu assists in setting the Group's overall business strategies and coordinating its operations. He holds a bachelor's degree in engineering from the University of Science and Technology of China （中國科學技術大學）. He has a wealth of experience in engineering thermophysics and refrigerant science. Being engaged in scientific research, engineering, marketing and management. Mr. Hu joined the Greencool Group in 1991 and the Group in May 1998.

Mr. Liu Cong Meng, aged 56, has been an executive Director and vice president of the Company since 1 June 2000. Mr. Liu studied International Relations and Economics in Beijing University, the PRC. He is experienced in environmental protection, international cooperation and management. He joined the Group in July 1998. Prior to joining the Group, Mr. Liu worked as Director General of the Department of International Cooperation of the Ministry of Agriculture of the PRC （中國農業部國際合作司）, and had also held several government and public posts, being responsible for bilateral or multilateral cooperation between the PRC and the World Bank, other international organizations and other related countries for a long period.

Mr. Xu Wan Ping, aged 38, has been an executive Director and vice president of the Company since 1 June 2000. Mr. Xu is an engineer and holds a bachelor's degree in engineering from Beijing Aeronautics and Space-Flight University （北京 航空航天大學）. He has over eight years of experience in management. Mr. Xu joined Greencool Group in 1993 and the Group in December 1998 and is currently responsible for setting and implementing the Group's marketing strategies in the PRC.

Mr. Chen Chang Bei, aged 49, has been an executive Director and compliance officer of the Company since 1 June 2000. Mr. Chen holds a master's degree of Arts from the Shangdong University, the PRC and a master's degree of Arts from York University, Canada. He joined the Greencool Group in 1996 and the Group in December 1998. Mr. Chen is responsible for implementing the Group's development strategies for the PRC. Prior to joining the Greencool Group, Mr. Chen was a lecturer in Shan Dong University, and worked for MIC Inc. in Canada as a vice general manager.

Mr. Zhang Xi Han, aged 35, has been the executive Director and vice-president of the Company since 1 June 2000. Mr. Zhang was promotd to be the Chief Operating officer of the Group in April 2002. Mr. Zhang holds a master's degree in low temperature and refrigerating engineering. He joined the Greencool Group in 1993 after obtaining his master's degree, and now is responsible for the engineering, marketing and management of the Group.

Independent Non-Executive Directors

Mr. Fan Jia Yan, aged 56, was appointed an executive director of The Hongkong Chinese Bank, Limited in 1993. He had been with CITIC Industrial Bank in Beijing for more than 10 years. Mr. Fan was appointed as an independent non-executive Director in June 2000.

Mdm. Margaret Man, aged 47, joined CITIC Ka Wah Bank Ltd as Senior Vice President in October 1998. Prior to that, Mdm. Man was a Deputy Managing Director of China Venturetechno International Co., Ltd and was a Division Chief in People's Bank of China for seven years. Mdm. Man graduated from the College of Finance and Economy of Shanxi province with a bachelor's degree in finance and obtained a master's degree in banking and finance from the Graduate School of the People's Bank of China. Mdm. Man completed a legal studies programme at Columbia University Law School in the United States in 1986. Mdm. Man was appointed as an independent non-executive Director in June 2000.