Ming Zhao has been the co-founder, Chairman and CEO of Shanxi Coal since 1995. . Mr. Zhao was appointed Chief Executive Officer, President and Chairman of the board of directors of Puda on July 15, 2005. He ceased to be its CEO on June 25, 2008 and currently serves as Chairman. He is the brother of Mr. Yao Zhao, our 6.34% shareholder and a manager of our coal washing plants. Mr. Zhao?s extensive experience in the coal production industry, as well as his in-depth knowledge of the Company, including its business, strategy, marketplace, competition, operations and employees, as a founder of the Company and through his former position as the CEO, enables him to make critical contribution as a member of our board.
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