Mr. David Feng Yu is an independent director of our company. Mr. Yu is the founder and chairman of Yunfeng Fund, which is one of the biggest fund organizations in China and set up by a group of successful entrepreneurs. Mr. Yu also serves as a director of Huayi Brothers Media Corporation, Shanghai Eastday Bar Chain Administration Co., Ltd and Shanghai General Electric Group Inc. In 2008, Mr.Yu established Kaituo Investment Fund, dedicated to investing in new emerging companies. He served as co-chairman of the board and president from 2006 to 2008 at Focus Media Holdings Limited ("Focus Media"). Prior to joining Focus Media, Mr. Yu founded Target Media Holdings Limited ("Target Media") in 2003 and served as chairman and chief executive officer until 2006, when Target Media was acquired by Focus Media. In 2005, Mr. Yu was selected by the Advertising Newspaper in China as one of the ¡°Most Influential Advertising People of the Year.¡± In 2004, Mr. Yu was selected by China Venture Capital Forum 2004 as one of the ¡°Top 10 Enterprisers of the Year.¡± Mr. Yu received a Bachelor degree and Master degree of Arts in philosophy from Fudan University in 1991, and an Executive M.B.A. degree from China Europe International Business School in 2001.