China Oceanwide HoldingsGroup was founded in 1985 by Mr. Lu Zhiqiang, the founder, legalrepresentative, Communist Party secretary, and chairman of the group, as wellas a member of the standing committee of the 12th Chinese People’s PoliticalConsultative Conference, vice president of the China Non-governmental Chamber ofCommerce, deputy chairman of the Oceanwide Foundation, deputy chairman of theChina Foundation for Guangcai Program, deputy chairman of the China MinshengBanking, and a member of the board of trustees of Fudan University, etc.