The board of directors (the "Board") of New Capital International Investment Limited (the "Company") is pleased to announce that Mr. Shi Tao is appointed as Executive Director of the Company with effect from 16 November 2006.
Mr. Shi, holds a Bachelor degree in Engineering from Tsinghua University and a Master degree in Engineering from Wuhan Industrial University (now Wuhan University of Technology). Mr. Shi has years of business experience in the PRC. Mr. Shi is currently the President of Sense Control International Limited, the substantial shareholder of the Company within the meaning of Part XV of the Securities and Futures Ordinance. Mr. Shi is also an Executive Director of China Haidian Holdings Limited, a listed company in Hong Kong, from April 2004.