Larry Yung Chi Kin, aged 59, has been the Chairman of CITIC Pacific Limited (“CITIC Pacific”)
since 1990. Mr Yung is also the Vice Chairman and Managing Director of China International
Trust & Investment Corporation Hong Kong (Holdings) Limited (“CITIC HK”) and an Executive
Director of China International Trust and Investment Corporation (“CITIC”). He worked for
14 years with the Ministry of Electric Power in the People’s Republic of China (“PRC”) before
coming to Hong Kong in 1978, and had extensive management experience before establishing
CITIC HK in 1987. Mr Yung is a Steward of the Hong Kong Jockey Club (“Jockey Club”) and
President of the Hong Kong Golf Club.