Investor Relations

Mr. Leng has been the Chairman, Chief Executive Officer, President and General Manager of American Dairy since May 2003. Mr. Leng is responsible for the overall strategic planning, management and business development of Feihe dairy. Mr. Leng has more than 13 years of experience in the dairy industry. He served General Manager of Feihe Dairy since 1997 and later became Chairman in 2000. Prior to that, Mr. Leng acted as technician, deputy director and director of ZhaoGuang Dairy Plant, the predecessor of Feihe Dairy. During his tenure, he has researched and patented the "liver protection milk powder." Mr. Leng obtained his Bachelor of Science degree in Food Engineering from Northeast Agriculture University, China.

Mr. Liu has been the Chief Financial Officer of Feihe Dairy since November 2000. Prior to joining American Dairy, he was the CEO of Shenzhen Cima Limited ("Cima") from 1998 to 2000. Before Cima, he served as the CEO of Zhengzhou Huacheng Limited. Mr. Liu received a degree in Finance and Economics from Xian Traffic University in 1993.

Mr. Liu is responsible for the overall financial planning and management of Feihe Diary. He joined Feihe Dairy in 1992 and has held his current position since 1998. He has more than 10 years of experience in the areas of finance and accounting. Mr. Liu graduated from Northeast Agriculture University with a Bachelor of Economics degree in Economic Management in 1992.

Ms. Lee has been a director of American Dairy since June 2003. She is currently the Vice President of Financial Reporting for Countrywide Home Loans. Previously she served as Vice President and Director of Income Tax Compliance of Countrywide Home Loans, Inc. from April 2003 to April 2006. She was also the Tax Manager of Watson Pharmaceuticals, Inc. from October 26, 1996 to March 2003. From 1979 to 1996, Ms. Lee was employed by major Fortune 500 companies including The Flying Tiger Line Inc. (a Tiger International Company), Quotron Systems, Inc. (a subsidiary of the Citigroup, Inc.) and Lear Siegler, Inc. in various management positions. Ms. Lee holds a Master of Science degree in Taxation from Golden Gate University, and a Master of Business Administration degree from Indiana University.

Mr. Downing became a director of American Dairy in February 2005. Since December 1980, he has been practicing law in Los Angeles, California. From January 1989 to June 1997, Mr. Downing also engaged in ranching, farming, logging and property development. Mr. Downing received his B.A. degree in liberal arts from Portland State University in 1976 and the Juris Doctorate degree in 1980 from Loyola Law School.

Mr. Lewis is an attorney and has been practicing law in the state of Utah since 1979. Mr. Lewis is currently a partner in Lewis, Hansen, Waldo & Pleshe in Salt Lake City, Utah. From 2000 to 2002, he was a member of the firm of Jones, Waldo, Holbrook & McDonough, Salt Lake City, Utah. From 1997 to 2000, he was a partner in the firm of Lewis Law Offices, where he concentrated his practice in the areas of litigation, corporate, commercial and real estate law. Mr. Lewis was a partner in the firm of Diumenti & Lewis from 1993-1997. From 1987 to 1992, he was a partner in the firm of Lewis & Lehman. From 1979 to 1985, he was an attorney with Kruse, Landa & Maycock, where he concentrated his practice in corporate and transactional law. During the past few years, Mr. Lewis has been involved in the private development of a number of real estate projects and other development stage ventures. He is currently a principal owner of 3Star Technology, Inc., a closely-held technology venture. Mr. Lewis serves on the board of two non-profit corporations, Odyssey House, and the Summit County Chapter of Habitat for Humanity. Mr. Lewis graduated from the University of Utah in 1976 with an undergraduate degree in psychology, and from the University of San Diego in 1979 with a Juris Doctorate degree.