China Digital Licensing-Management

Executive Directors

Mr. Hsu Tung Sheng , aged 44, was appointed as an executive director and chairman of the Company. Mr. Hsu holds a bachelor’s degree in law from the National Chengchi University (Taiwan) (國立政治大學（台灣）). Mr. Hsu has over 10 years’ experience in advisory on management, operation and strategic planning. Mr. Hsu was a consultant of Toyota Tsusho Corporation (“Toyota Tsusho”) and participated in numerous large investment projects for Toyota Tsusho. Mr. Hsu has built up a good relationship with enterprises in Japan. Mr. Hsu will be responsible for marketing, management function and business operation of the copyright management and digital licensing business of the Group. He is an executive director and chairman of Palmpay China Holdings Limited, a company listed on the GEM of the Stock Exchange.

Mr. Hsu Tung Chi , aged 42, being the younger brother of Mr. Hsu Tung Sheng, was appointed as an executive director on 1 February 2011. Mr. Hsu holds a bachelor’s degree in Economics from Fu Jen Catholic University (輔仁大學) in Taiwan. Mr. Hsu has over 10 years’ experience in advisory on management, operation and strategic planning.

Mr. Pang Hong Tao , aged 40, the executive director of the Company, holds a bachelor’s degree in economics from Nankai University, the People’s Republic of China (“PRC”) and a master degree in economics from the Renmin University of China. Mr. Pang is the chairman of Finance Committee of ShanDong-HongKong SME Association. He is a member of Chinese Institute of Certified Public Accountants, China Appraisal Society, Shan Dong Certified Consultant Expert Society and China Enterprise Risk Management Society. Mr. Pang has over ten years of experience in financial management, risk management, financial budgeting and corporate finance. He has worked as a chief accountant in an international five-star hotel, the deputy general manager in a management consultancy company and the partner in a Certified Public Accountants firm. Mr. Pang is currently the partner and deputy general manager of a Certified Public Accountants firm in the PRC.

Ms. Au Shui Ming, Anna , aged 45, holds a bachelor degree in commerce, majoring in accounting, from the University of Wollongong in Australia. She is a Certified Practising Accountant of CPA Australia and a fellow member of the Hong Kong Institute of Certified Public Accountants. Ms. Au has extensive experience in the finance and accounting fields. She is currently the Company Secretary and the remuneration committee member of the Company.

Independent Non-Executive Directors

Mr. Kwok Chi Sun, Vincent, aged 47, a member of the audit committee and remuneration committee of the Company, is a sole proprietor of Vincent Kwok & Co. and is a Certified Public Accountant. He is also an independent non-executive director of five other listed companies in Hong Kong, i.e. Shun Ho Resources Holdings Limited, Shun Ho Technology Holdings Limited, Magnificent Estates Limited, Emperor Capital Group Limited and Palmpay China (Holdings) Limited, the former four names companies are listed on main board of the Stock Exchange while the last named company is listed on GEM of the Stock Exchange.

Mr. Lee Kun Hung, aged 44, a member of the audit committee and remuneration committee of the Company, has over 15 years of manufacturing experience in the watch industry. Mr. Lee holds a Bachelor of Arts degree from Boston College, Massachusetts, US.

Mr. Wong Tak Shing, aged 47, was appointed as an independent non-executive director and audit committee member on 15 December 2009, graduated from the University of New England, Australia with a Postgraduate Diploma in Financial Management and from the University of Southampton, U.K. with a Bachelor of Social Science in Business Economics and Accounting. Mr. Wong is currently an associate member of the CPA Australia and an associate member of the Hong Kong Institute of Certified Public Accountants. He has over 20 years of experience in corporate finance, accounting, personnel and administration. Mr. Wong was previously an executive director of Palmpay China (Holdings) Limited, a company listed on the GEM of the Stock Exchange and an independent non-executive director of Sun Innovation Holdings Limited, a company listed on the main board of the Stock Exchange.