Mr. YANG Ping

Chief Investment Officer of China Everbright Limited

Mr. Yang Ping, Chief Investment Officer and the member of Management Decision Committee of Everbright, in charging of Asset Management business of Secondary Market Investment, including Fixed Income Investment, PIPE Investment, Long-only Equity Fund and Hedge Funds. Previously, he was responsible for the establishment, investment and management of Macquarie Everbright Greater China Infrastructure Fund and Everbright Ashmore China Real Estate Fund. Before joining Everbright, Mr. Yang served as Head of the Research Institute of China Southern Securities Company Limited and a Private Equity fund in China, where he was responsible for macro-industry & company research, investment of the Private Equity fund and achieved excellent performance. The restructuring project Xiang Zhong Yi (now renamed as Hunan Investment) conducted by Mr. Yang was the first ST listed company "whole restructuring" case in China and was ranked Top Ten Influential Restructuring Case by Security News in 1999. Mr. Yang has a PhD in Economics from The Shanghai Academy of Social Sciences and a Bachelor Degree of Law from East China University of Political Science & Law. Mr. Yang has over 18 years' experience in securities research and asset management.