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one of our co-founders has served as the chairman of our board of directors and our chief executive officer since our inception in December 1999. Mr. Chen established Shanda Networking with Danian Chen in December 1999. Prior to establishing Shanda Networking Mr. Tianqiao Chen served as the vice director of the office of the president of Kinghing Trust & Investment Co. Ltd. from 1998 to 1999. From 1994 to 1998 Mr. Chen served in various management positions with Shanghai Lujiazui Group. Mr. Tianqiao Chen holds a bachelor's degree in economics from Fudan University. Mr. Tianqiao Chen was granted the Rising Business Star award by China Central TV China's official national television network in its recent selection of China's top annual business personalities for 2003. | 