The current members of our evaluation and remuneration committee are Liu Hongru, as chairman of the committee, Mr. Chee-Chen Tung and Mr. Wang Fucheng. The evaluation and remuneration committee's major responsibilities include:

    managing the performance evaluations for our President and monitoring performance evaluations led by our President for Senior Vice President, Vice Presidents, Chief Financial Officer and other senior management personnel;
    studying our incentive plan, compensation plan and stock appreciation rights plan, supervising and evaluating the implementation of these plans and making recommendations for improvements to and perfection of such plans.