The Supervisory Committee is a supervisory institution of theCompany. The supervisory committee is responsible for supervising the financial affairs of the Company and the lawfulness of the directors and senior management, in particularly the president, vice-president, Chief Financial Officer, so as to safeguard the legitimate interests of the Company and its shareholders.

The supervisory committee comprises of four members. One of the Supervisors shall act as the chairman of the committee. The term of office for the members of the committee shall be three years and they shall be eligible for re-election.

The supervisory committee shall be responsible to the shareholders' general meeting and have the following powers and duties in accordance with the laws:

1. to examine the financial conditions of the Company;
2. to supervise the conduct of the directors, manager and other senior management officers of the Company to see whether they contravene the laws, administrative regulations or the Articles of Association in performing the duties of the Company;
3. to verify the financial information such as financial statements, operation reports and profits distribution proposals submitted by the board of directors to the shareholders' general meeting; where any query arises, the financial information shall be referred to a registered accountant or certified auditor appointed in the name of the Company to re-examine the same;
4. To propose provisional motions of general meeting;
5. to propose the convening of extraordinary general meetings of shareholders;
6. to propose the convening of extraordinary general meetings of the board of directors;
7. to represent the Company in negotiating with the directors or taking legal proceedings against the directors;