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1¡¢Kuang Piu Chao
Mr. Kuang Piu Chao took controlling part and acted as Chairman in Ningbo Yongxin Optical Co. Ltd. since 1997.

Mr. Chao is one of Hong Kong's most renowned industrialists, Chairman of the Board of Novel Enterprises, Honorary Chairman of Dragon Air, and Honorary Mauritian Consul to Hong Kong. He is also an Honorary Doctorate and Honorary Professor of Zhejiang University, Advisor (Professorial rank) to Tsinghua University, and Advisor (Professorial rank) to Ningbo University.

Mr. Chao was born to a Ningbo family in Shanghai in 1920. He moved to Hong Kong in the early 1950s. After encountering many hardships, he opened a wool-spinning factory and Hong Kong's first knitwear factory. As a result, Mr. Chao earned the moniker, "King of Hong Kong's Wool Industry."
In 1978, before the Full Session of the Third Plenum of the Eleventh Congress, Mr. Chao opened Xiangzhou Wool-Spinning Factory in Xiangzhou [today's Zhuhai Special Economic Zone]. This marked the birth of both the "compensation trade" and the "San Lai" compensation trade that contributed markedly to the subsequent opening of China to the rest of the world.

In 1985, Mr. Chao founded Hong Kong Dragon Airlines (Dragonair). Dragonair developed from a single-plane airline into today's 20+ plane regional carrier employing more that 2,000 and connecting major cities throughout China as well as trunk cities throughout the Asian region.

Under Mr. Chao¡¯s leadership, the Hong Kong-based Novel Group, has also been very active over the past decades in developing and expanding overseas. The Group has now emerged into a multinational company covering a range of business such as textile, garment, airline, property development, jewelry, high-tech development, etc. with operations in many countries of the world.

Mr. Chao loves his home land and has made significant contribution to China¡¯s education. His donated funds at Tsinghua University, Zhejiang University, Ningbo University, Shanda University, as well as other educational donations amount over £¤300 million.
Awards: ¡°Wharton School Dean¡¯s Medal¡± --- awarded by the Wharton School, University of Pennsylvania on 5 June 2004. Mr. Chao is one of the only two awardees from China in the history of the Award.

¡°Silver Bauhinia Star¡± --- conferred by the Government of the Hong Kong Special Administrative Region in 2002.

¡°Order of the Sacred Treasure, Gold Rays with Rosette¡± --- awarded by the Government of Japan on June 13, 2001.
 
Others: Honorary Citizen: Shanghai, Ningbo and Zhuhai.

In 1999 the International Minor Planter [asteroid] Naming Commission approved the naming of asteroid #4566, discovered by the Chinese Academy of Science's Zijin Mountain Observatory outside Nanjing, after Mr. K P Chao.

2¡¢Ningbo Industry Investment Liability Co.,Ltd.
Ningbo Industry Investment Liability Co., Ltd. is a solely stated-owned enterprise that was approved by Ningbo municipal government. It mainly engages in project investment, state-owned assets management, investment consultation service, investment agency and concerned leasehold & hypothecates operation. The company holds plenty of staterun assets. Now there are about 20 investment projects including 3 listed company, which are Ningbo Bird Co., Ltd, Ningbo Veken Jinghua Co., Ltd. and Ningbo Fubang Jingye Group Co., Ltd. The company own total capital of one hundred and sixty millions RMB. In 2004, the company makes an investment in Ningbo Yongxin Optical Co., Ltd.

3¡¢Ningbo Electronics Information Holdings Limited
Ningbo Electronic Information Holdings Limited is founded in Aug. 1998, who was reorganized on the basis of Ningbo Electron Meter Industrial Bureau. The company is a key member of China Putian Information Industry Group and one of chairman enterprises of Ningbo electronic Industry. The company mainly engages in capital management and increment service. As an enterprise group of multiple property structure, the company emphasizes investment on the field of mobile communication, solar power supply, LED illumination. The company also keeps close attention on development of auto electron, electronic components, new material, soft service¡­etc. The total capital is about seven hundred millions RMB. In 2002, the company makes investment in Ningbo Yongxin Optics Co., Ltd.
 
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