Ming Yuan Wang

Shandong Airlines Co., Ltd. engages in the air transportation business. Its services include international and domestic passenger and cargo transportation; hotel and beverage related operation; aircraft maintenance; training of civil aviation pilots and air crew; insurance brokerage; inter-airline agenting and principal operation related ground services; lease of airborne material and equipment; business services; conference services; transportation agency; and air cargo storage. The company was founded on December 13, 1999 and is headquartered in Jinan, China.

China National Aviation Holding Co. engages in the provision of aviation and related services. Its business scope covers the management of all state owned assets and shares of China National Aviation Holding (CNAH) and state invested parts of its invested companies, aircraft leasing, and maintenance of aircraft and equipment. Its business includes air passenger transportation and air cargo and logistics, covering aircraft maintenance, air catering, air cargo terminal, ground handling, airport service and air media, financial service, air travel service, constructions and development, and information technology service. The company was founded in October 11, 2002 and is headquartered in Beijing, China.

Air Macau Co. Ltd. provides air transportation services. It offers air transportation services with destinations, including Beijing, Shanghai, Xiamen, Taipei, Kaohsiung, Nanjing, Guilin, Haikou, Kunming, Chengdu, Shenzhen, Manila, and Seoul. The company was founded in September, 1994 and is headquartered in Macau