EXECUTIVE DIRECTORS

Mr. Chen, aged 50, is the Chairman, the President and an executive Director of the Group. Mr. Chen has been the President of the Group since 30 November 2006 and an executive Director since 22 May 2007, and was appointed as the Chairman of the Group on 16 January 2009 shortly after being appointed as the Acting Chairman of the Group on 27 November 2008. Mr. Chen is the director of various subsidiaries of the Company. Mr. Chen has over 20 years of experience in business management and electrical appliances retail industry in China. As early as in September 1996, Mr. Chen, as one of the founders, set up the group of Yongle (China) Electronics Retail Company Limited, one of the leading electrical appliances retailers in China and previously listed as the group of China Paradise Electronics Retail Limited on Hong Kong Stock Exchange. Before joining the Group, Mr. Chen was the President, the Chairman and an executive Director of China Paradise Electronics Retail Limited since its listing in October 2005 on Hong Kong Stock Exchange until its delisting in January 2007 becoming a non-listed wholly owned subsidiary group of the Company. Mr. Chen is the President of Shanghai Electrical Products and Appliances Industry Association and the Vice President of China Chain Store & Franchise Association.

Mr. Ng Kin Wah, aged 49, has been an executive Director of the Company since September 2000. Mr. Ng also serves as a director of various subsidiaries of the Company. Mr. Ng has over 20 years of experience in securities investment and is well-versed in corporate finance. Mr. Ng is a fellow member of the Hong Kong Institute of Directors Limited.

Mr. Wang, aged 47, has been the Executive Vice President of the Group since November 2006 and was re-appointed as an executive Director of the Company with effect from 23 December 2008 after his appointment as an executive Director with effect from 1 September 2008 was discovered by the Board to be invalid due to a technical defect. Mr. Wang assists the President of the Group in the overall management of daily operation, including formulation of the Group’s medium and long-term strategic plans and annual budgets as well as standardization of various systems, processes and authorizations for the Group. Mr. Wang also assists in providing guidance and supervision as to the daily operation in each major region and each division of the Group as well as the appraisal and review for business management teams at all levels. Mr. Wang has over 10 years of experience in the sale and management of electrical appliances. Mr. Wang joined the Group in 2001 and previously held positions as General Manager of Operation Centre, General Manager of Southern China Region and General Manager of Strategic and Cooperation Centre of the Group. Mr. Wang is a director of Sanlian Commercial Co. Ltd., a company listed on the Shanghai Stock Exchange.

Ms. Wei, aged 41, has been the Vice President of the Group since November 2006 and was re-appointed as an executive Director of the Company with effect from 16 January 2009 after her appointment as an executive Director with effect from 1 September 2008 was discovered by the Board to be invalid due to a technical defect. She is also a director of various subsidiaries of the Company. Ms. Wei is mainly responsible for organizational planning and human resources training of the Group. Ms. Wei has over 10 years of experience in human resources and administrative management. Ms. Wei joined the Group in 2000 and had previously held positions as Director of Management Centre, Director of Pricing Centre, Director of Human Resources Centre and Director of Administration Centre of the Group. Ms. Wei was a director of Beijing Centergate Technologies (Holding) Co. Ltd., a company listed on the Shenzhen Stock Exchange, between 11 January 2007 and 15 January 2009.

Mr. Sun, aged 41, is the Vice President of the Group. Mr. Sun is responsible for business operation, including store operation, store location and furnishing, logistics and after-sale service. He is also a director of various subsidiaries of the Company. He has 14 years of sales experience. Mr. Sun joined the Group in 1999 and had previously held positions as Manager of Business Division of a Tianjin subsidiary, General Manager of a Henan subsidiary, General Manager of the telecommunication subsidiary, General Manager of a Jinan subsidiary, Deputy General Manager of Region A, Deputy General Manager of Sale and Procurement Centre, General Manager of Operation Centre, Director of Chain Development Centre and General Manager of Northern China Region of the Group. Mr. Sun was named as one of the “100 Influential Persons of Mobile Phone Industry in China for Year 2007”, and was awarded the Silver Award for Outstanding Achievement by the Group and the “Best Sales Leader Award” by Sony Ericsson. Mr. Sun is a director of Sanlian Commercial Co., Ltd., a company listed on the Shanghai Stock Exchange.

NON-EXECUTIVE DIRECTORS

Mr. Zhu, aged 46 and a Juris Doctorate degree holder from Cornell Law School, is currently a managing director of Bain Capital Asia, LLC. Mr. Zhu has solid and extensive experience in a broad range of cross border mergers and acquisitions as well as internal financing transactions involving Chinese companies. Before joining Bain Capital Asia, LLC in 2006, he was a managing director of the Investment Banking Division of and the chief executive officer of the China business of Morgan Stanley Asia Limited. He is also a non-executive director of Sinomedia Holding Limited, a company listed on the Stock Exchange.

Mr. Reynolds, aged 37, is currently a managing director of Bain Capital Asia, LLC. During his 13 years in the private equity industry, Mr. Reynolds has worked with companies in a variety of industries in the United States, Europe and Asia. Prior to Bain Capital Asia, LLC, Mr. Reynolds was a consultant at Bain & Company, where he worked extensively in the technology and consumer products industries. Mr. Reynolds obtained a Master Degree in Business Administration from Harvard Business School where he was a Baker Scholar and graduated cum laude with a Bachelor Degree in Arts from Yale College.

Ms. Wang, aged 41, is currently a principal of Bain Capital Asia, LLC. Ms. Wang has more than 17 years of experience in the banking and finance industry in the United States and Asia. Before joining Bain Capital Asia, LLC in July 2006, Ms. Wang was an executive director at Morgan Stanley from April 2005 to July 2006, worked at J.P. Morgan Securities Asia Pacific Limited from October 2001 to March 2005 and Credit Suisse First Boston (US) from September 1999 to September 2001. Ms. Wang obtained a Master Degree in Business Administration from Columbia Business School and was a graduate from Fudan University.
 

INDEPENDENT NON-EXECUTIVE DIRECTORS

Mr. Sze, aged 64, has been an independent non-executive Director of the Company since 31 October 2002. Mr. Sze has over 30 years of experience in the securities and investment field. He graduated with a Master of Laws degree at the University of Hong Kong. He is currently a member of the Disciplinary Appeals Committee of the Stock Exchange, a member of the Market Misconduct Tribunal in Hong Kong as well as a member of the Securities and Futures Appeals Tribunal in Hong Kong. He was a former Council Member, Member of the Main Board Listing Committee of the Stock Exchange, Member of the Cash Market Consultative Panel of Hong Kong Exchange and Clearing Limited and Member of the SFC Appeals Panel in Hong Kong. Mr. Sze has been a non-executive director of Burwill Holdings Limited since June 2000 and an independent non-executive director of Greentown China Holdings Limited since June 2006, Harbour Centre Development Limited, CY Foundation Group Limited and Walker Group Holdings Limited since May 2007, all of which are listed on the Stock Exchange. Mr. Sze resigned on 23 January 2008 as an independent non-executive director of T S Telecom Technologies Limited, a company listed on the Stock Exchange. He is a fellow of the Institute of Chartered Accountants in England and Wales, a fellow of the Hong Kong Institute of Certified Public Accountants, a fellow of the Association of Chartered Certified Accountants, a practising accountant in Hong Kong and also a fellow of the Hong Kong Institute of Directors Limited.

Mr. Chan Yuk Sang, aged 63, has been an independent non-executive Director of the Company since 20 May 2004. Mr. Chan has more than 30 years of experience in the banking and finance industry. Mr. Chan was the chairman of Century Legend (Holdings) Limited from September 1999 to July 2002 and a director of Hong Kong Building & Loan Agency Ltd. from 1993 to 1995, both being companies listed on the Stock Exchange. Mr. Chan was a senior general manager of a local bank and an executive director of a joint Chinese-foreign bank in Shenzhen. Mr. Chan is currently an independent non-executive director of Four Seas Mercantile Holdings Limited, a company listed on the Stock Exchange.

Mr. Manning, aged 54, has been an independent non-executive Director of the Company since 22 May 2007. Mr. Manning is the chief executive officer of Indachin Limited, a business design firm focused on custom-building information service companies in India and China. He is also the founder of China Board Directors Limited, a company comprising influential senior executives providing board leadership to companies in China. Earlier in his career, Mr. Manning held leadership positions with McKinsey & Company, CSC Index and Buddy Systems, Inc., a technology venture. He had previously served as a director of Bain & Company and the chief executive officer of Ernst & Young Consulting Asia, the chief executive officer of Capgemini Asia and the Global Managing Director of Strategy & Technology Consulting Business of Cap Gemini Ernst & Young. Mr. Manning has worked with numerous retailers across the United States of America, Europe and Japan on operational, strategic and franchising issues. Mr. Manning is an independent non-executive director of Bank of Communications Co., Ltd., a company listed on the Stock Exchange and an independent director of AsiaInfo, Inc., a company based in Beijing and listed on The Nasdaq Stock Market, Inc. He is also a board member of several private companies in China and India.