Management
We have become a globally competitive industrial biotechnology company in a relatively
short period of time due to our strong and experienced management team with
proven track records in science and business. With a variety of research and
development, business and academic backgrounds, our senior management team
draws on the complementary skills and experience brought by each member to
collectively achieve our business objectives.
| Dr. Xiucai Liu |

Founder, Chairman and Chief Executive Officer
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| Dr. Xiucai Liu founded Cathay Industrial Biotech in 1997. He has over 17 years’ experience in developing industrial biotech companies and products in China. Dr Liu received his Ph.D. in biochemistry from the University of Wisconsin, Milwaukee in 1989. He trained as a postdoc at Yale and Columbia Universities and worked for three years as a senior scientist in new drug development at Sandoz Research Institute prior to returning to China in 1994.
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| Prof. Qixian Zhang |

Senior Vice President
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| Mr. Qixian Zhang is our co-founder and senior vice president, and has been a director of our company since co-founding our company in 1997. Prior to that, he was the chief engineer of Unistone Pharmaceutical Co., Ltd. From September 1965 to August 1995, he was a professor of the Institute of Microbiology, Chinese Academy of Science. Mr. Zhang received a Bachelor of Science in fermentation technology from Wuxi Light Industry Institute (now Jiangnan University) in 1965. Mr. Zhang is also a member of the Biotechnology Expert Committee, Chinese Academy of Science and a member of the Industrial Biotech Expert Committee, Biotechnology Development Center of the Ministry of Science and Technology of the People’s Republic of China.
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| Mr. Paul J. Caswell |

Executive Vice President of International Business Development
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| Mr. Paul J. Caswell has been a director of our company since May 2006 and is also our executive vice president of international business development. Mr. Caswell joined our company in 2000. From 1992 to 2000, Mr. Caswell was a vice president of new technology for the BioProducts Division of Archer Daniels Midland Company and was a general production manager from 1982 to 1992 in charge of corn processing facilities and the BioProducts production facility. From 1981 to 1982, he was a production manager of Clinton Corn Processing. From 1979 to 1981, he was a product manager of Pfizer Chemical Corporation. Mr. Caswell received a Bachelor of Science in chemical engineering from the University of Nebraska in 1970 and an MBA from Indiana State University in 1979.
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| Dr. Joachim Rudolf |

Chief Financial Officer
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| Mr. Joachim Rudolf is our Chief Financial Officer. Mr. Rudolf has over 20 years experience in the financial industry in the US and Europe. From 2001-2011 Mr. Rudolf was CFO of the listed life science investment company HBM BioVentures. Before that, he was Managing Director at UBS, responsible for all investment-related products and services for the domestic European private banking. Mr. Rudolf received a doctorate in business and economics at the University of St. Gallen, Switzerland, and is a Chartered Financial Analyst (CFA)
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| Mr. Naiqiang Li |

Vice President of Technology
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| Mr. Naiqiang Li is our vice president of technology. Mr. Li joined our company in 2001.He worked as assistant chief engineer, chief engineer and deputy director at Cathay Biotech R&D from 2003 to 2010. In 2008, Mr. Li was granted the title of senior engineer by Shanghai Municipal Government. Mr. Li received a Master’s degree in fermentation engineering from Jiangnan University in 2001 and received an MBA from Shanghai University of Finance and Economics in 2009.
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| Mr. Bao Lü |

Vice President of Engineering/ Construction
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| Mr. Bao LV is our vice president of Engineering/Construction. Mr. Lü joined our company in 2000. He served in various positions prior to joining our company, including associate manager of a coal mine at Longquan Mine, Zibo Bureau from 1990 to 2000 and vice general manager of Zibo Guangtong Chemical Limited Company from 1997 to 2000. Mr. Lü received an Associate’s degree in economics from the Zibo Bureau of Mining Vocational School in 1987.
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| Mr. Yijun Du |

Vice President of Manufacturing in China
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| Mr. Yijun Du is our vice president of manufacturing in China. Mr. Du served in various positions at Cathay Shandong and Cathay Jilin since October 2002. From 1999 to 2002, Mr. Du was the head of the Jining Institute of Light Industry. From 1992 to 1999, Mr. Du served in various positions at the Shandong Incalcu Group Co., Ltd. and he also served in various positions at the Shandong Jining City Plastic Additives Factory from 1986 to 1992. Mr. Du received an Associate’s degree in economics and management from Shandong Second Light Industry School in 1986.
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