Mr. Jay Chang, also known as Kenneth, has been the Chief Financial Officer of KongZhong Corporation since February 1, 2009. Mr. Chang served as Chief Financial Officer of Tom Online Inc., from September 1, 2005 to August 15, 2007 and as its Deputy Chief Financial Officer from April 15, 2005 to September 1, 2005. Mr. Chang served as the President and Chief Financial Officer of 56.com. Before that, he served as the Chief Financial Officer of TOM Online for over two years. Before joining TOM Online Inc., Mr. Chang was an Equity Research Analyst with Credit Suisse First Boston in Hong Kong for more than five years and served as Director of its Asian equity research department covering the China Internet, telecommunications and technology sectors. He served as Director of Equity Research at Credit Suisse, responsible for covering the Internet and telecommunications sectors in China. He has over 10 years of experience in financial operations and management in the Internet and telecommunications industries in China. Prior to CSFB, Mr. Chang worked for an Asian focused private equity firm, AIG Direct Investments (Asia), in Hong Kong from 1997 to 1999. From 1995 to 1997, he served as a Consultant of Accenture responsible for technology strategy and implementation and counted Microsoft Network (MSN) among his clients. Mr. Chang was an Engineer at the Boeing Defense and Space Group in the commercial aircraft avionics division. He serves as Executive Director of Tom Online Inc. He has been a Director of KongZhong Corporation since July 6, 2010. He served as an Executive Director of Tom Online Inc. from September 28, 2005 to August 15, 2007. In that capacity, he was voted numerous times by Institutional Investor and Asiamoney magazines as a top ranked analyst in both the Internet and telecommunications sectors. Mr. Chang holds a Bachelor's Degree in Electrical Engineering from the University of Washington in 1994.