Mr. LU Xin– Independent Non-executive Director and the Chairman of Remuneration Committee

Mr. Lu Xin, aged 60, was appointed as an Independent Non-executive Director of the Company in February 2015.     He is also the Chairman of the Remuneration Committee, and a member of the Audit Committee and the Nomination Committee of the Company. Mr. Lu graduated from Dongbei University of Finance and Economics in China in 1987    with a bachelor’s degree in Economics, and has been awarded a master of business administration by the University of South Australia in 2006. Mr. Lu worked for the Ministry of Finance of the People’s Republic of China from 1987 to 1992, and China Trust and Investment Corporation for Economic Development from 1992 to 1995. Since 1995, Mr. Lu has successively served as the assistant general manager, deputy general manager and managing director of Golden Sino (Holdings) Limited. From 2001 to 2004, Mr. Lu was the executive director and deputy chairman of the Board and the managing director of the Company (formerly known as Wah Tak Fung Holdings Limited). From 2008 to 2010, Mr. Lu was an independent non-executive director of Sino Resources Group Limited, and currently he is an investment consultant   of Wai Chun Group Holdings Limited, both companies are listed on the Main Board of the Stock Exchange in Hong Kong. At present, Mr. Lu Xin is also the chairman of the board of directors of World International Consulting Limited. Mr. Lu has over 27 years of experience in finance, investment and corporate management with extensive knowledge about economic activities of Hong Kong and Mainland China.