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Vests on July 31, 2007. Brilliant Ever Investments Limited and Boundless Future Investment Limited are each a company organized
and existing under the laws of the British Virgin Islands and wholly owned by Mr. Chen Lu. Brilliant Ever Investments Limited and
Boundless Future Investment Limited were each an investor in our Series A preferred shares.
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Each employee holds less than 1% of our total outstanding voting securities, including one employee and a former non-executive
director holding his/her options through their wholly owned British Virgin Islands companies.
*
Executive officers as a group, each holding less than 1% of our outstanding ordinary shares and together holding stock options
exercisable for 1,360,000 ordinary shares.
**
The grant of stock options to Mr. Hsieh takes effect upon commencement of his service with us as an independent director on the date
of this prospectus, which is also the date of grant for his stock options.
Other than options granted to Xiaofeng Peng, Liangbao Zhu, Yonggang Shao, Gang Wang, Louis T.
Hsieh, Boundless Future Investment Limited and Brilliant Ever Investments Limited, the numbers of
ordinary shares underlying options granted, as described in the above table, are subject to reduction by our
board of directors on the basis of performance of each relevant optionee.
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