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Zhongsheng Group Holdings Ltd (0881.HK)

0881.HK on Hong Kong Stock

48.75HKD
7 Aug 2020
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Summary

Name Age Since Current Position

Yi Huang

57 2008 Executive Chairman of the Board

Guoqiang Li

56 2013 President, Chief Executive Officer, Executive Director

Xianfeng Tang

50 2020 Vice President, Executive Director

Zhicheng Zhang

47 2014 Vice President, Executive Director

Wencheng Shao

51 Vice President

Qingshan Du

57 2008 Deputy General Manager, Executive Director

Guohui Li

47 2020 Executive Director

Sze Mak

45 2010 Joint Company Secretary

Zhenchao Yao

39 2019 Joint Company Secretary

David Hsu

61 2020 Non-Executive Director

David Newbigging

48 2019 Non-Executive Director

Siu Wa Chin

63 2018 Independent Non-Executive Director

Yanwei Li

45 2019 Independent Non-Executive Director

Wei Ying

54 2016 Independent Non-Executive Director

Biographies

Name Description

Yi Huang

Mr. Huang Yi serves as Executive Chairman of the Board of Zhongsheng Group Holdings Limited. Mr. Huang is one of the two founders, and has been the Chairman of the Group since its inception in 1998. Mr. Huang has been serving as an executive Director since 23 June 2008 and he is also a director of the various companies in the Group. Mr. Huang is responsible for the strategic management of the Group and for formulating our overall corporate direction and focus. Prior to founding the Group, Mr. Huang was a director and deputy general manager at China Resources Machinery Co., Ltd. (“China Resources Machinery”), a state-owned enterprise engaged in importing and exporting automobiles and other machinery. Mr. Huang held numerous management positions in business administration, product procurement and sales operations in China Resources Machinery during his tenure between 1984 and 1994. In 1994, Mr. Huang joined China Automobile Company Limited (“China Automobile”) as a director, and was responsible for China Automobile’s procurement and sales divisions. In 1996, Mr. Huang invested in, and became a shareholder of, China Automobile. China Automobile, currently known as Hokuryo Holdings Company Limited, is presently an indirect wholly-owned subsidiary of the Group. Mr. Huang has served as the president of the second session of Mercedes-Benz Dealer Council since November 2014, the president of the third and fourth session of Lexus China Dealer Council since 2013, as well as the president of the Advisory Council of GZ Toyota since 2012.

Guoqiang Li

Mr. Li Guoqiang serves as President, Chief Executive Officer, Executive Director of Zhongsheng Group Holdings Limited. He is the other founder of the Group, and has been serving as the Group’s chief executive officer and president since 1998 and as an executive Director since 23 June 2008. He is also a director of the various companies in the Group. Mr. Li is responsible for the overall management and operations of the Group. Mr. Li has served as deputy chairman for the China Automobile Dealers Association (“CADA”) since December 2009. In 1995, Mr. Li founded Dalian Aotong Automobile Repair & Assembly Factory (“Aotong Repair & Assembly”), a company engaged in automobile repair and maintenance services. Mr. Li served as the factory director and legal representative of Aotong Repair & Assembly, and he was responsible for its overall management and operations. From 1996 to 1998, Mr. Li served as the vice chairman of Dalian Toyota Maintenance & Service Co., Ltd. and general manager of Dalian Bonded Zone Toyota Automobile Sales Co., Ltd., and was responsible for the decisions of procurement and sales of automobiles as well as the management of the national distribution networks during his tenure. In 1998, Mr. Li founded Dalian Aotong Industry Co., Ltd. (“Aotong Industry”), a company engaged in distribution of automobiles. Aotong Industry is the predecessor of Zhongsheng (Dalian) Group Co., Ltd., which is presently a wholly-owned subsidiary of the Group. Mr. Li has substantial senior management experience and more than 31 years’ experience and in-depth knowledge of the PRC automobile industry. Mr. Li also received a Distinguished Lexus Dealer award in 2007 from Toyota Motor (China) Investment Co., Ltd., as part of the Lexus Certification Program.

Xianfeng Tang

Mr. Xianfeng Tang serves as Vice President, Executive Director of the Company. He joined the Group in January 2014 and currently serves as vice-president of the Group, primary responsible for construction and development. Prior to joining the Group, Mr. Tang served as the vicepresident of Dalian Huarui Heavy Industry Group Co., Ltd. from January 2012 to December 2013. In addition, Mr. Tang also served as a designer in the research institute, office vice-director, assistant to the head of reducer factory, vice-director of labour and personnel department and head of port machinery factory of Dalian Daqi Group from 1999 to 2003. Mr. Tang joined Dalian DHI.DCW in June 2003 and served as the executive vice head and head of Second Business Division, assistant to the general manager and vice general manager of the Group. Mr. Tang obtained a Bachelor’s degree in lifting transportation and mechanical engineering from Taiyuan Heavy Machinery Institute in 1991 and obtained a master’s degree in mechanical engineering from Wuhan University of Technology in 2006. Mr. Tang obtained the senior professional manager qualification and was qualified as professor and researcher level senior engineer.

Zhicheng Zhang

Mr. Zhang Zhicheng serves as Vice President, Executive Director of Zhongsheng Group Holdings Limited. Mr. Zhang has been serving as vice-president of the Group since July 2008 and executive Director since 31 March 2014. Mr. Zhang joined the Group in 2003, and has held numerous management positions in several of the Group’s key operating subsidiaries, including Fuzhou Zhongsheng Toyota Automobile Sales Co., Ltd., Dalian Zhongsheng Lexus Automobile Sales & Services Co., Ltd. and Dalian Zhongsheng Toyota Automobile Sales & Services Co., Ltd., primarily responsible for implementing the strategic decisions of the Group and liaising with the automakers regarding developing the brand automobile sales business of the Group. Mr. Zhang currently oversees the sales and management of the Group’s brand automobile sales business. Mr. Zhang has over 17 years’ relevant experience and in-depth expertise in the China’s automobile industry. Mr. Zhang received a master’s degree in Business Administration from Dongbei University of Finance and Economics in 2003. Mr. Zhang also received Peak Performance General Manager awards in both 2006 and 2007 from Toyota Motor (China) Investment Co., Ltd., as part of the Lexus Certification Program.

Wencheng Shao

Mr. Shao Wencheng is Vice President of the company. He first joined the Group in June 1998 and currently serves as vice-president of the Group, primarily responsible for after-sales and accessories business. Mr. Shao worked as general manager of Dalian Zhongsheng Group Auto Accessories Co., Ltd. from December 2014 to February 2018. Mr. Shao worked as the general manager in Zhongsheng Group’s East China Regional Office from June 2014 to December 2014 and was also general manager for Zhongsheng Group’s East China District Office from January 2014 to June 2014. Mr. Shao has also worked in various capacities for Zhongsheng Motor Sales & Service Co., Ltd. in Kunming, Dalian and Nanjing. Mr. Shao obtained a bachelor degree in engineering in cars and tractors from Liaoning Institute of Technology in 1995.

Qingshan Du

Mr. Du Qingshan serves as Deputy General Manager, Executive Director of Zhongsheng Group Holdings Limited. Mr. Du has been serving as deputy general manager of the Group since 2007. Mr. Du has been an executive Director since 23 June 2008. He is responsible for the financial planning, strategy and management of the Group, and oversees all the financial matters of the Group. Prior to joining the Group in 2007, Mr. Du was appointed by the State-owned Assets Supervision and Administration Commission of Dalian Municipal Government to serve as the chief financial officer of a large-scale state-owned enterprise, Dalian DHI.DCW Group Co., Ltd. (“Dalian DHI.DCW”) and was in charge of the general financial and accounting affairs of Dalian DHI.DCW. Mr. Du was primarily responsible for the financial operations of Dalian DHI.DCW, which contributed to his over 30 years’ experience in the areas of accountancy and finance. Mr. Du received a Bachelor’s degree in Economics from the Shanghai University of Finance and Economics in 1986 and a master’s degree in Business Administration from Dongbei University of Finance and Economics in 2002.

Guohui Li

Mr. Guohui Li serves as Executive Director of the Company. Mr. Li joined the Group in July 2019 and currently serves as joint chief financial officer of the Group. Mr. Li has served as senior manager in investment, merger and acquisition/financial analysis of International Maritime Carriers Group in Singapore and Hong Kong and accounting director of finance department of China Resources (Group) Co., Ltd.. Mr. Li has served as an executive director, the chief financial officer and the vice president of China Resources Pharmaceutical Group Limited (a company listed on the Stock Exchange, stock code: 03320), a non-executive director of Dong-E E-Jiao Co., Ltd. (a company listed on the Shenzhen Stock Exchange, stock code: 000423) and China Resources Double Crane Pharmaceutical Co., Ltd. (a company listed on the Shanghai Stock Exchange, stock code: 600062) and a supervisor of Sanjiu Medical & Pharmaceutical Co., Ltd. (a company listed on the Shenzhen Stock Exchange, stock code: 000999). Mr. Li received a Master’s degree in Financial Management from Nanyang Technological University in Singapore and a Master’s degree in Business Administration from Wuhan University and obtained professional qualifications as a Chartered Financial Analyst qualified by the CFA Institute and a Certified Public Accountant (Singapore) qualified by the Singapore Institute of Chartered Accountants.

Sze Mak

Ms. Mak Sze is the Joint Company Secretary of Zhongsheng Group Holdings Limited since 1 July 2010. She was appointed as joint company secretary of the Company on 1 July 2010. She is a senior manager of Corporate Services Division of Tricor Services Limited and an associate member of both The Institute of Chartered Secretaries and Administrators in the United Kingdom and The Hong Kong Institute of Chartered Secretaries. Ms. Mak has over 23 years of experience in corporate secretarial area.

Zhenchao Yao

Ms. Yao Zhenchao is Joint Company Secretary of the Company. She was appointed as joint company secretary of the Company on 1 April 2019. She joined the Group in July 2011 and currently serves as the chief legal officer of the Company. She is admitted as a registered attorney in the PRC and the State of New York, the United States of America.

David Hsu

Mr. Hsu David serves as Non-Executive Director of the Company. He was appointed as a non-executive Director on 20 March 2019. Mr. Hsu joined the board of directors of Jardine Matheson Holdings Limited in 2016, having first joined the Jardine Matheson Group in 2011. He is chairman of Jardine Matheson (China) Limited, with responsibility for supporting the Jardine Matheson Group’s business developments in Chinese mainland, Taiwan and Macau. Mr. Hsu is also a director of Jardine Matheson Limited and Jardine Strategic Holdings Limited (a company which has a standard listing on the LSE, with secondary listings on the BSX and the SGX with stock codes JDS, JSHBD.BH and J37 respectively) and has been serving as a non-executive director and a member of the audit committee of Greatview Aseptic Packaging Company Limited (a listed company on the Stock Exchange, stock code: 00468) since August 2017. He was previously chief executive of J.P. Morgan Asset Management in the Asia Pacific Region supervising the asset management operation in Greater China (Hong Kong, China and Taiwan), Japan, Korea, Singapore, Australia and India. Mr. Hsu is a vice chairman of the China Committee of the Hong Kong General Chamber of Commerce, and chairman of FTSE TWSE Taiwan Index Series Advisory Committee. Mr. Hsu is a past chairman of the Taiwan Securities Investment Trust and Consulting Association, and a former vice chairman of the Taiwan Pension Association. Mr. Hsu graduated from the National Chiao Tung University with a bachelor’s degree (first class honours) in management in 1980 and obtained an MBA degree from the National Cheng Chih University in Taiwan.

David Newbigging

Mr. David Alexander Newbigging is Non-Executive Director of the Company. Mr. Newbigging was appointed as a non-executive Director on 1 October 2019. Mr. Newbigging is a director of Jardine Matheson Holdings Limited (a company which has a standard listing on the London Stock Exchange (the “LSE”), with secondary listings on the Bermuda Stock Exchange (the “BSX”) and the Singapore Exchange (the “SGX”) with stock codes JAR, JMHBD.BH and J36 respectively) since October 2017. Mr. Newbigging is a commissioner of PT Astra International Tbk (a company listed on the Indonesia Stock Exchange (the “IDX”) with stock code ASII) since April 2012. Mr. Newbigging is a vice chairman of Refrigeration Electrical Engineering Corporation (a company listed on the Ho Chi Minh City Stock Exchange with stock code REE) since March 2013. Mr. Newbigging is the chief executive officer of Jardine International Motors Limited since September 2019. Mr. Newbigging was group managing director of Jardine Cycle & Carriage Limited (a company listed on SGX with stock code C07) from April 2012 to September 2019. He was also a director of Siam City Cement Public Company Limited (a company listed on The Stock Exchange of Thailand with stock code SCCC) from May 2015 to September 2019 and vice president commissioner of PT United Tractors Tbk (a company listed on IDX with stock code UNTR) from April 2013 to April 2017. Mr. Newbigging graduated from the University of Edinburgh with a Master of Arts Degree in Mental Philosophy. He has also completed the General Management Programme at Harvard Business School and the Stanford Executive Programme at Stanford Graduate School of Business, as well as INSEAD’s AVIRA programme.

Siu Wa Chin

Mr. Chin Siu Wa Alfred serves as Independent Non-Executive Director of the Company. Mr. Chin was appointed as an independent nonexecutive Director on 10 August 2018. Mr. Chin has been serving as group vice president at Shangri-La Asia Limited (“SA”, a company listed on the Stock Exchange with stock code 69) since February 2017 and served as vice president of development at SA from February 2004 to September 2007. Mr. Chin served as the non-executive director of the Kerry Logistics Network Limited (a company listed on the Stock Exchange with stock code 636) from November 2013 to May 2019. Mr. Chin served as a director of Kerry Properties Limited (“KPL”, a company listed on the Stock Exchange with stock code 683) from September 2007 to January 2017 and was re-designated as an executive director of KPL from July 2009 to January 2017. He also served as a co-managing director of KPL from August 2013 to September 2015. Mr. Chin served as chairman and general manager of Zhongshan City Tourism Group Company, a state-owned enterprise primarily engaged in the business of tourism development, from January 1996 to May 2002, where he was responsible for the day-to-day general management, asset management, and business development primarily for the PRC market. Mr. Chin graduated from South China Normal University in 1986 and completed an advanced management programme at Harvard Business School in 2002.

Yanwei Li

Mr. Li Yanwei serves as Independent Non-Executive Director of the Company. He was appointed as an independent non-executive Director on 9 December 2019. Mr Li joined Sina.com Technology (China) Co., Ltd. in 2003 and was engaged in the work relating to media in respect of the automobile industry. Mr. Li has been the founder of Miaoche Information Technology Co., Ltd.* since 2014. Mr. Li has also been a member of the expert committee of CADA since 2015. For each year from 2016 to 2019, Mr. Li was honoured with the title of Outstanding Expert of CADA. Mr. Li obtained a bachelor’s degree in law from Yanbian University.

Wei Ying

Mr. Ying Wei serves as Independent Non-Executive Director of the Company. He was appointed as an independent non-executive director and chairman of audit committee of the Company on 19 December 2016. Mr. Ying is the managing director of CDH Investments and an independent non-executive director of CHTC Fong’s Industries Company Limited (a company listed on the Stock Exchange, stock code: 641) and Fountain Set (Holdings) Limited (a company listed on the Stock Exchange, stock code: 420). Mr. Ying is also the chairman and a nonexecutive director of New Focus Auto Tech Holdings Limited (a company listed on the Stock Exchange, stock code: 360), a non-executive director of China Health Group Limited (a company listed on the Stock Exchange, stock code: 673) and a director of Chongqing New Century Cruise Co., Ltd. (a company listed on the Shenzhen Stock Exchange, stock code: 2558). Mr. Ying is a non-practising member of The Chinese Institute of Certified Public Accountants and holds a master’s degree in Business Administration from the University of San Francisco and a bachelor’s degree in Economics from Zhejiang Gongshang University (formerly Hangzhou College of Commerce).

Basic Compensation

Name Fiscal Year Total

Yi Huang

20,040,000

Guoqiang Li

22,420,000

Xianfeng Tang

--

Zhicheng Zhang

13,846,000

Wencheng Shao

--

Qingshan Du

13,846,000

Guohui Li

--

Sze Mak

--

Zhenchao Yao

--

David Hsu

--

David Newbigging

--

Siu Wa Chin

310,000

Yanwei Li

20,000

Wei Ying

310,000
As Of  31 Dec 2019