Xiao Chen

China First Chemical Holdings Ltd. is an investment company, which through its subsidiaries, engages in the provision of chemical products. It operates through the following business segments: Bleaching and Disinfectant Chemicals, Foaming Agent Products, and Other Specialty Chemicals. The company was founded in 1958 and is headquartered in Fuzhou, China.

Noah Education Holdings Ltd. is a holding company, which provides education services in China. It operates through three segments: Little New Star, Wentai and Yuanbo. The Little New Star segment provides english language training for children aged 3-12 in its directly owned and franchised training centers. The Wentai segment operates and manages high-end kindergartens, primary and secondary schools. The Yuanbo segment focuses on early childhood education services in the Yangtze Delta region. The company was founded by Xiao Tong Wang, Dong Xu and Ben Guo Tang on April 8, 2004 and is headquartered in Shenzhen, China.

Changyou.com Ltd. engages in the development, operation, and licensing of online games. It operates through the following segments: Online Game, Platform Channel, and Others. The Online Game segment consists of personal computer games, mobile games, and website games. The Platform Channel segment covers online advertising services on the 17173.com website. The company was founded on June 2003 and is headquartered in Beijing, China.