The remuneration committee comprises, Chen Yong (Chairman), Yu Weijun and Tang Zhaoxing. The committee is responsible for reviewing the performance of the executive directors, setting their remuneration levels, determining the payment of bonuses, recommending the awards to be made under the China New Energy Limited Employee Benefit Trust, determining whether to recommend that the Company should additionally adopt any further form of share option plan and (if so) considering the grant of options under any such plan(in particular, the price per share and the performance standards which may apply to any such grant.