Mr. Chen

Biography

 Mr. Chen, aged 48, is a director of several general trading companies in Hong Kong. Mr. Chen holds a Bachelor of Science degree in Business Administration from the Boston University in Massachusetts, USA and is engaged in the chemical trading business. Mr. Chen was appointed as Independent Non-Executive Director since September 2000.

Research Interest

Hoifu Energy Group Limited ("Hoifu Energy") (stock code: 00007) is listed on the Main Board of The Stock Exchange of Hong Kong Limited. Hoifu Energy is engaged in oil and gas exploration and production, international trading of oil and natural gas, stockbroking, futures and options broking, mutual funds, insurance-linked investment plans and products trading, securities margin financing and provision of corporate finance advisory services. On 17 September 2006, upon the passing by the parliament of the Arab Republic of Egypt and the approval of an order executed by the president of the Arab Republic of Egypt, Aminex Petroleum Egypt Ltd ("APEL"), a subsidiary of Hoifu Energy, obtained 60% interest of the rights of exploration and exploitation in the oil field block 2 of West Esh El Mellaha in the Arab Republic of Egypt.