In order to further enhance the management system on the remuneration and appraisal of the Company's directors, managers and other senior management members, and improve the corporate governance structure, the board of directors (the "Board")sets up the Remuneration and Appraisal Committee(the "Committee") and formulates these implementation rules("Rules") in accordance with the Company Law of the People's Republic of China, Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, Articles of Association of the Company and other related regulations.