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Shougang Concord International Enterprises Co Ltd (0697.HK)

0697.HK on Hong Kong Stock

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Summary

Name Age Since Current Position

Tianyang Zhao

37 2018 Executive Chairman of the Board

Shaofeng Li

50 2018 Executive Vice Chairman of the Board, Managing Director

Hengyi Liang

44 2018 Managing Director, Executive Director

Hong Shu

45 2015 Deputy Managing Director, Executive Director

Rucai Ding

52 2014 Deputy Managing Director, Executive Director

Man Ching Cheng

Company Secretary

Shun Sang Leung

74 1992 Non-Executive Director

Yinhui Li

50 2018 Non-Executive Director

Jingwei Liu

50 2018 Non-Executive Director

Lai Kuen Kan

62 2004 Independent Non-Executive Director

Kai Cheung Leung

71 2006 Independent Non-Executive Director

Kun Kim Wong

71 2004 Independent Non-Executive Director

Quanling Zhang

44 2018 Non-Executive Independent Director

Biographies

Name Description

Tianyang Zhao

Mr. Zhao Tianyang is Executive Chairman of the Board of the Company. He holds a bachelor degree in science, a master degree in economics from Peking University and an executive master of business administration (EMBA) degree from Cheung Kong Graduate School of Business. Mr. Zhao joined Shougang Group Co., Ltd. (“Shougang Group”) in December 2011. He is the assistant to general manager of Shougang Group, a director of Shougang Holding (Hong Kong) Limited (“Shougang Holding”), the general manager of Beijing Shougang Fund Co., Ltd. (“Shougang Fund”) and the assistant to the supervisor of the corporate bond regulatory department of The China Securities Regulatory Commission. Both Shougang Holding and Shougang Fund are wholly-owned subsidiaries of Shougang Group. Each of Shougang Group, Shougang Holding and Shougang Fund is a substantial shareholder of the Company within the meaning of Part XV of the Securities and Futures Ordinance (the “SFO”). Prior to joining Shougang Group, Mr. Zhao worked in Beijing Municipal Commission of Development and Reform and in Peking University. Mr. Zhao has extensive experience in company operation and management, investment and capital operation. A service agreement will be entered into between Mr. Zhao and a wholly-owned subsidiary of the Company for a term commencing on 6 January 2018 and ending on 31 December 2019. Under the service agreement, Mr. Zhao is entitled to a salary and discretionary bonus as may be determined by the Board or its delegated committee(s) from time to time. Mr. Zhao declined any salary from the Group voluntarily.

Shaofeng Li

Mr. Li Shaofeng is Executive Vice Chairman of the Board, Managing Director of the Company. holds a bachelor degree in Automation from University of Science and Technology Beijing. Mr. Li was appointed an Executive Director and the Managing Director of the Company in May 2010 and is the chairman of the Executive Committee and a member of the Remuneration Committee of the Company. He joined Shougang Group in 1989 and held many senior positions in the group companies of Shougang Group. Mr. Li is the chairman of each of Shougang Fushan Resources Group Limited and Shougang Concord Century Holdings Limited and an executive director of BeijingWest Industries International Limited. He is also a non-executive director of Mount Gibson Iron Limited, a company listed on the Australian Securities Exchange. Mr. Li was the chairman of each of Shougang Concord Grand (Group) Limited (“Shougang Grand”) and Global Digital Creations Holdings Limited (“GDC”) from May 2010 to June 2017 and a director of China Dynamics (Holdings) Limited (“China Dynamics”) from October 2007 to November 2015, all of Shougang Grand, GDC and China Dynamics are Hong Kong listed companies. Mr. Li has extensive experience in management of, and investments in, listed companies and capital operation.

Hengyi Liang

Mr. Liang Hengyi is Managing Director, Executive Director of the Company. He holds a master degree in economics and a doctor of philosophy degree in management, a senior economist. Mr. Liang was the managing director of Shougang Fund, a wholly-owned subsidiary of Shougang Group. Each of Shougang Group and Shougang Fund is a substantial shareholder of the Company within the meaning of Part XV of the SFO. He also served as the general manager of non-fare business unit of Beijing Infrastructure Investment Co., Ltd., the general manager of Beijing Capital Investment Rail Transit Assets Management Company and the president of Beijing Urban Underground Space Development and Construction Co., Ltd. A service agreement will be entered into between Mr. Liang and a wholly-owned subsidiary of the Company for a term commencing on 6 January 2018 and ending on 31 December 2019. Under the service agreement, Mr. Liang is entitled to a monthly salary of HK$220,000 or such higher salary and discretionary bonus as may be determined by the Board or its delegated committee(s) from time to time. Such salary was determined by the Remuneration Committee with reference to Mr. Liang’s experience and duties as well as the then prevailing market conditions

Hong Shu

Mr. Shu Hong has been appointed as Deputy Managing Director, Executive Director of the Company effective December 1, 2015. He holds a bachelor degree in engineering and a master degree in business administration. He joined Shougang Corporation in 1993 and worked in various companies under Shougang Corporation. Shougang Corporation is the ultimate holding company of Shougang Holding (Hong Kong) Limited which in turn is a substantial shareholder of the Company within the meaning of Part XV of the Securities and Futures Ordinance (the “SFO”). Mr. Shu has extensive experience in company operation and management.

Rucai Ding

Mr. Ding Rucai is Deputy Managing Director, Executive Director of Shougang Concord International Enterprises Company Limited., since 1 September 2014. He is a senior engineer in professor grade, Mr. Ding was graduated from the School of Metallurgical and Ecological Engineering of the University of Science and Technology Beijing with a master degree in ferrous metallurgy. Thereafter, he studied senior business administration in The University of Warwick, United Kingdom. Mr. Ding obtained a doctor of philosophy in ferrous metallurgy from the School of Metallurgical and Ecological Engineering of the University of Science and Technology Beijing. Mr. Ding was appointed an Executive Director and a Deputy Managing Director of the Company in September 2014 and is a member of the Executive Committee of the Company. He joined Shougang Corporation in 1989 and thereafter held various senior positions in the group of Shougang Corporation. Mr. Ding also held various senior positions in a subsidiary of the Company. He is a director and deputy managing director of Shougang Holding, and a director of each of Grand Invest and Chin Gate. Each of Shougang Holding, Grand Invest and China Gate is a substantial shareholder of the Company within the meaning of Part XV of the SFO. Mr. Ding is the vice chairman and managing director of Shougang Resources. He has extensive experience in production management of steel industry, project management, import of iron ore, import trading of coking coal resources and shipping management.

Man Ching Cheng

Shun Sang Leung

Mr. Leung Shun Sang is Non-Executive Director of Shougang Concord International Enterprises Co Ltd., since November 1992. He holds a bachelor degree of commerce from The Chinese University of Hong Kong and a master degree in business administration from New York State University. He is a member of each of the Remuneration Committee and the Nomination Committee of the Company. He is also a non-executive director of each of Shougang Resources, Shougang Century, Shougang Technology, Shougang Grand and GDC. Mr. Leung had worked in Citibank N. A. and W. I. Carr Sons & Co. (Overseas) in his early years and he was the managing director of CEF Group. He has over 40 years of experience in securities and banking business, investment, financial markets, corporate strategy and corporate management.

Yinhui Li

Dr. Li Yinhui is Non-Executive Director of the Company. He obtained a bachelor degree in arts (history) and a doctorate degree in world economy from the Jilin University in 1991 and 2001 respectively, and a master degree in business administration from the Nanjing University in 1997. He completed his postdoctoral research in China Centre for International Economic Exchanges in 2016. Dr. Li is a non-executive director and the chairman of China Fire Safety Enterprise Group Limited, a Hong Kong listed company, and is the vice-president of China International Marine Containers (Group) Co., Ltd., a company listed on both Shenzhen and Hong Kong Stock Exchanges. Dr. Li has extensive experience in managing large-scale enterprises. An engagement letter will be entered into between Dr. Li and the Company for a term commencing on 6 January 2018 and ending on 31 December 2019. Under the engagement letter, Dr. Li will be entitled to a director’s fee as may be determined by the Board from time to time pursuant to the authority given by the Shareholders. Such director’s fee will be determined with reference to Dr. Li’s experience and duties as well as the then prevailing market conditions. For the financial year ending 31 December 2018, the director’s fee of Dr. Li will be HK$310,000 for a full year which will be paid in proportion to the actual length of services provided by Dr. Li. Such director’s fee was determined with reference to Dr. Li’s experience and duties as well as the prevailing market conditions.

Jingwei Liu

Mr. Liu Jingwei is Non-Executive Director of the Company. graduated from the School of Economics of Beijing Forestry University in 1989 and from Shanghai Advanced Institute of Finance with a master degree in 2016. He is a PRC Certified Public Accountant and a member of the registration committee of the Beijing Institute of Certified Public Accountants. Mr. Liu currently serves as a senior partner of Shinewing Certified Public Accountants and is an external director of Shougang Group. He is an independent non-executive director of China Nonferrous Mining Corporation Limited, a Hong Kong listed company, an independent director of Shanghai Yaohua Pilkington Glass Group Co., Ltd., a company listed on the Shanghai Stock Exchange, and an independent director of Guiyang Longmaster Information & Technology Co., Ltd. , a company listed on the Shenzhen Stock Exchange. Mr. Liu was an independent director of Jinxi Axle Company Limited, a company listed on the Shanghai Stock Exchange from September 2010 to March 2017 and was an independent director of Xuzhou Kerong Environmental Resources Co., Ltd., a company listed on the Shenzhen Stock Exchange from August 2016 to April 2017. An engagement letter will be entered into between Mr. Liu and the Company for a term commencing on 6 January 2018 and ending on 31 December 2019. Under the engagement letter, Mr. Liu will be entitled to a director’s fee as may be determined by the Board from time to time pursuant to the authority given by the Shareholders. Such director’s fee will be determined with reference to Mr. Liu’s experience and duties as well as the then prevailing market conditions. For the financial year ending 31 December 2018, the director’s fee of Mr. Liu will be HK$250,000 for a full year which will be paid in proportion to the actual length of services provided by Mr. Liu. Such director’s fee was determined with reference to Mr. Liu’s experience and duties as well as the prevailing market conditions.

Lai Kuen Kan

Ms. Kan Lai Kuen CPA, is Independent Non-executive Director of each of Shougang Concord International Enterprise Co Ltd., since September 2004. She is a fellow member of The Association of Chartered Certified Accountants, a fellow member of the CPA Australia and an associate member of The Hong Kong Institute of Certified Public Accountants. She is also a fellow member of the Hong Kong Institute of Directors. She is the chairman of the Audit Committee and a member of each of the Nomination Committee and the Remuneration Committee of the Company. Ms. Kan held various senior positions in international and local banks and financial institutions and is currently a controlling shareholder and the managing director of each of Asia Investment Management Limited and Asia Investment Research Limited, both companies are licensed corporations under the SFO. Ms. Kan is licensed as a responsible officer of each of Asia Investment Management Limited, Asia Investment Research Limited and Lotus Asset Management Limited under the SFO. She will cease to be a responsible officer of Lotus Asset Management Limited with effect from 1 April 2015. Ms. Kan is also an independent nonexecutive director of each of Regal Hotels International Holdings Limited, Shimao Property Holdings Limited, China Energine International (Holdings) Limited and Cosmopolitan International Holdings Limited, all of which are listed companies in Hong Kong. She is an independent director of AVIC International Maritime Holdings Limited (formerly known as AVIC International Investments Limited), a company listed on the SGX-ST. She was an independent non-executive director of Sunway International Holdings Limited from March 2006 to February 2013. Ms. Kan is well experienced in corporate finance including both the equity and debt markets.

Kai Cheung Leung

Mr. Leung Kai Cheung is Independent Non-executive Director of Shougang Concord International Enterprises Co Ltd., since June 16, 2006. He graduated from The Chinese University of Hong Kong with a bachelor degree in business. He is a member of each of the Audit Committee, the Nomination Committee and the Remuneration Committee of the Company. He is also an independent non-executive director of each of Shougang Technology and BeijingWest International. Mr. Leung had been a senior executive of Citibank, N.A., the general manager of Barclays Bank PLC in charge of Kowloon and New Territories districts and was the chairman of Star International Enterprises Limited. Mr. Leung has extensive financial knowledge and business management experience and is familiar with the business environment of both Hong Kong and Mainland China and the operation of listed companies.

Kun Kim Wong

Mr. Wong Kun Kim is Independent Non-executive Director of Shougang Concord International Enterprise Co Ltd., since September 2004. He holds a bachelor degree in economics, a master degree in business administration and a doctorate of philosophy. He is a member of the Chartered Institute of Marketing and Chartered Management Institute. He is the chairman of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee of the Company. He was also an independent nonexecutive director of Shougang Technology from September 2004 to June 2013. Mr. Wong is licensed as a responsible officer of each of Asia Investment Management Limited and Asia Investment Research Limited under the SFO. He has over 40 years of experience working as senior executives for various multinational corporations engaged in trading, manufacturing, finance and real estates. Mr. Wong had served as consultants and directors for different listed companies in Mainland China, Hong Kong, Taiwan and United States of America and was an independent non-executive director of Sunway International Holdings Limited from September 2002 to February 2013.

Quanling Zhang

Ms. Zhang Quanling is Non-Executive Independent Director of the Company. She holds a bachelor degree in arts. Ms. Zhang joined China Central Television in 1997 and has hosted the famous programmes such as “Oriental Horizon”, “Focus Interview”. She participated in numerous news live coverage and was awarded the Golden Microphone Awards, the Golden Eagle Awards, the Fan Changjiang Journalism Award, the most prestigious journalism award in China, and the 19th top ten Outstanding Chinese Youths. Ms. Zhang currently is the founding partner of Ziniu Fund. Ms. Zhang has extensive experience in news media, brand building and strategic planning. An engagement letter will be entered into between Ms. Zhang and the Company for a term commencing on 6 January 2018 and ending on 31 December 2019. Under the engagement letter, Ms. Zhang will be entitled to a director’s fee as may be determined by the Board from time to time pursuant to the authority given by the Shareholders. Such director’s fee will be determined with reference to Ms. Zhang’s experience and duties as well as the then prevailing market conditions. For the financial year ending 31 December 2018, the director’s fee of Ms. Zhang will be HK$230,000 for a full year which will be paid in proportion to the actual length of services provided by Ms. Zhang. Such director’s fee was determined with reference to Ms. Zhang’s experience and duties as well as the prevailing market conditions.