Chunfeng Tao
Founder, Chairman & Chief Executive Officer

Mr. Tao is an industry veteran with over 20 years of experience in the petrochemical industry. Previously he served as president of Ningbo Hebang Chemical Co. (later purchased by CNOOC) which had annual revenue of about $1.5 billion. He also served as executive vice president of Ningbo Daxie Liwan Petrochemicals Co. and served in various senior management and technical positions at Sinopec Zhenhai Refining & Chemical Co., the largest base for crude oil processing and sour crude oil processing in China. Mr. Tao received his Bachelor of Science in Petroleum Processing from Guangdong Petrochemical College and Master of Science in Chemical Engineering from China University of Petroleum.

Gerry Goldberg
Independent Director

Mr. Goldberg has over 30 years experience in the accounting industry and currently serves as senior partner in the accounting firm Schwatrz Levitsky Feldman LLP, based in Toronto and ranked among the top ten accounting firms in Canada. At the firm, he heads the US Public Company audit division, and is actively involved in the audits of various Canadian, US, Chinese and other foreign companies listed in the US and Canada. He was a former partner in the predecessor firm to Grant Thornton for over ten years.

Michael Rosenberg
Independent Director

Mr. Rosenberg has over 35 years experience in energy trading, currently as managing director of Saugatuck Energy where he is responsible for identifying investment opportunities in Asia. He was founder and chief executive officer of Swiss-based Oceana Petrochemicals, a major petrochemicals trading company with annual revenue of approximately $1 Billion. Previously, Mr. Rosenberg managed global trading for petrochemicals and derivatives for Sempra Energy Trading, managed a trading organization for bulk petrochemicals and gasoline additives for MG Petrochemicals Corp., a subsidiary of Metallgesellscahft AG, Frankfurt, Germany, and established a global petrochemicals trading operation for Philipp Brothers, which later became Phibro Energy AG. He received his B.S. Business Administration in Marketing from Long Island University.

Dishen Shen
Independent Director

Mr. Shen is a senior petrochemical engineer with nearly 40 years of oil refining and petrochemical industry expertise and management experience, and has made significant contributions to the oil refining and petrochemical industries in China. For the past two decades, Mr. Shen has served in a variety of progressive leadership roles in planning and economic development in Zhejiang Province, focusing primarily on development of the petrochemical industry, and serves today as a member of the People's Committee of Zhejiang Province. Previously he served as deputy director of the petrochemical Office of Zhejiang Province, where he contributed to the overall development of the petrochemical industry in Zhejiang province, and as plant manager and chief engineer at Daqing Petrochemical Plant. He graduated from Beijing Petroleum Institute with a major in oil refining systems.

Lei ("Michael") Xu
Non-Voting Observer

Mr. Xu is a general partner of Prax Capital, one of leading private equity firms with the investment focus in China. Prax Capital, through Dragon State International Limited, invested $20M in the Company in September 2010 and is the largest institutional shareholder of the Company. Prior to joining Prax Capital in 2003, Mr. Xu worked at New Margin Ventures, Kamsky Associates, Inc. and Deloitte & Touch. Mr. Xu has about 15 years experience in venture investment and business advisory in China. Mr. Xu holds an MBA from the Wharton School at the University of Pennsylvania and a law degree from Ningbo University in China.