Edition:
India

Nexteer Automotive Group Ltd (1316.HK)

1316.HK on Hong Kong Stock

5.07HKD
5 Aug 2020
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Summary

Name Age Since Current Position

Jian Wang

58 2019 Non-Executive Chairman of the Board

Tao Liu

55 2020 President, Global Chief Operating Officer

Guibin Zhao

56 2019 Chief Executive Officer, Executive Vice Chairman of the Board

William Quigley

59 2016 Chief Financial Officer, Senior Vice President

Robin Milavec

52 2020 Senior Vice President, Chief Technology Officer, Chief Strategy Officer, Executive Director

Peter Ziparo

50 2016 Vice President, General Counsel

Yi Fan

53 2018 Vice President, Executive Director, Company Secretary

Ot Benson

45 2019 Vice President of Sales and Marketing

Cathy Xu

50 2018 Vice President, Global Human Resources

Jianqing Fan

51 2020 Vice President and Divisional President – APAC Division

Dennis Hoeg

64 2017 Vice President and Divisional President – North America Division

Jun Li

48 2020 Vice President, Global Product Line

Ricardo Pastor

54 2017 Vice President - Global Quality and Programme Launch

Herve Paul

49 2016 Vice President and Divisional President – EMEASA Division

Ping Liu

51 2019 Non-Executive Director

Jianxun Zhang

41 2018 Non-Executive Director

Jianjun Liu

51 2013 Independent Non-Executive Director

Cheng Wei

52 2013 Independent Non-Executive Director

Wing Fat Yick

61 2017 Independent Non-Executive Director

Tony Wang

2018 IR Contact Officer

Biographies

Name Description

Jian Wang

Mr. Jian Wang serves as Non-Executive Chairman of the Board of the Company. Mr. WANG has over 26 years of relevant experience in the automotive industry. As the Chairman of the Board, Mr. WANG is primarily responsible for chairing Board and shareholder meetings and setting agendas, as well as facilitating communication between the Board and management. Mr. WANG has been appointed as Chief Economist of AVIC, our controlling shareholder, since January 2018. From May 2014 to September 2018, he was a Director and the Chairman of the Board of AVIC Electromechanical Systems Co., Ltd. (Stock Code: 002013.SZ), a wholly-owned subsidiary of AVIC. From February 2010 to September 2018, he was a Director, Executive Director and General Manager of Aviation Electromechanical Systems Company Limited, a wholly-owned subsidiary of AVIC. From January 2013 to May 2014, he was the Chairman of the Board of Hubei Aviation Precision Machinery Technology Co., Ltd. (known as AVIC Electromechanical Systems Co., Ltd. since February 2014), a non whollyowned subsidiary of AVIC. From February 2009 to February 2010, he was the Deputy General Manager of AVIC Electromechanical Systems Co., Ltd., a wholly-owned subsidiary of AVIC. From March 2006 to May 2012, he was a Director of China National Aero-Technology Import & Export Corporation, a wholly-owned subsidiary of AVIC, and AVIC International Holding Corporation, a non wholly-owned subsidiary of AVIC, respectively. From October 1998 to February 2010, he was the head of the research center of the Jincheng Nanjing Engineering Institute of Aircraft Systems, a non wholly-owned subsidiary of AVIC. From October 1998 to February 2010, he successively served as a Director, Deputy General Manager, General Manager, Vice Chairman of the Board, as well as Chairman of the Board and General Manager of Jincheng Group Co. Ltd., a wholly-owned subsidiary of AVIC.

Tao Liu

Mr. Tao Liu serves as President, Global Chief Operating Officer of the Company. Mr. LIU has approximately 20 years of relevant experience in the automotive industry. He is a member of the Company’s Global Strategy Council. He is responsible for reporting to the Chief Executive Officer and overseeing our Group’s global functions including sales, engineering, operations and global supply management and is in charge of overseeing our Group’s product lines. After October 1, 2016 Mr. LIU served as Senior Vice President and Global Chief Operating Officer. From August 2013 to October 2016, Mr. LIU served as our Vice President and Chief Operating Officer – China Division. He was responsible for the business plan, the overall financial position and advising on strategic direction of the division. From May 2012 to July 2013, Mr. LIU was an Executive Director of the China Division, where he was responsible for the business plan and the overall financial position of the China Division. He served as the China Operations Manager and Executive Director of China Operations from October 2009 to May 2012 and Managing Director of Saginaw Steering (Suzhou) Co., Ltd. from February 2008 to October 2009. Prior to this, Mr. LIU worked at Delphi Automotive Systems (China) Holding Co., Ltd., where he served as China Operations Manager of Delphi Steering, responsible for the manufacturing facilities in Suzhou and overseeing manufacturing operations of the China Division from 2006 to 2008. He served as General Manager of China Operations of Metaldyne Powertrain Group from January 2005 to May 2006, and was the Asia Pacific Delphi Manufacturing System Manager of Energy, Chassis and Steering System and a Manufacturing Manager of Delphi Shanghai Dynamics & Propulsion Systems Co., Ltd. from 2001 to 2004 and from 1997 to 2001, respectively. He also worked at Shanghai Machine Tool Works Plant from August 1987 to December 1996. Mr. LIU obtained a bachelor’s degree in industrial automation from Tsinghua University, China, in 1987

Guibin Zhao

Mr. Guibin Zhao serves as Chief Executive Officer, Executive Vice Chairman of the Board of the Company. He was appointed as our Executive Director on June 15, 2013 and has successively acted as Chairman of the Board from June 15, 2013 and as Vice Chairman from June 3, 2019. Mr. ZHAO is also our Chief Executive Officer since June 2012. Mr. ZHAO has over 20 years of relevant experience in the automotive industry. As the Vice Chairman of the Board, Mr. ZHAO is primarily responsible for assisting Chairman to arrange and convene shareholder and Board meetings, supervising the implementation of the relevant resolutions and acting on behalf of the Chairman upon delegation by the Chairman or when the Chairman is incapable to act. As the Chief Executive Officer, he is primarily responsible for leading Nexteer’s Global Strategy Council (GSC), setting our strategic vision, direction and goals and overseeing the overall execution of our Group’s strategy. He sets the strategic direction of the Company, acts as “bridge” between senior management and the Board, is responsible for the Company’s new product lines and advanced engineering (business development), joint ventures and M&A activities, maintains relationships with major external stakeholders, chooses and manages the senior management team, determines overall incentive compensation targets and communicates internally. Mr. ZHAO is also the chief executive officer and the chairman of the board of directors of Nexteer Automotive Corporation, one of our indirectly wholly-owned subsidiaries. He held the position as deputy chief economist of Aviation Industry Corporation of China, Ltd. (AVIC), our controlling shareholder (as defined in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange)), from February 2010 to June 2016.

William Quigley

Mr. William Gerald Quigley, III serves as Chief Financial Officer, Senior Vice President of the Company. He was appointed as our Senior Vice President and Chief Financial Officer on June 6, 2016. He is responsible for overseeing investor relations, treasury, capital funding and structure, mergers and acquisitions, accounting, tax and financial reporting, financial planning and analysis and information technology. Mr. QUIGLEY is also a member of the GSC. He is also a Director and Audit Committee Chairman at The Safariland Group. He previously served as Executive Vice President and Chief Financial Officer at Dana Holding Corporation from March 2012 to March 2016. Additionally, he held various managerial positions at Visteon Corporation, including Vice President, Chief Accounting Officer from January 2005 to 2007 and Executive Vice President and Chief Financial Officer from 2007 to 2011. Mr. QUIGLEY obtained a Bachelor of Arts degree in accounting from Michigan State University, the USA, in 1983 and became a member of the American Institute of Certified Public Accountants in 1986.

Robin Milavec

Mr. Robin Zane Milavec serves as Senior Vice President, Chief Technology Officer, Chief Strategy Officer, Executive Director of the Company. He is responsible for integrating corporate strategy, driving product and process innovation, and positioning Nexteer as a technology leader with new market opportunities. He also has responsibility for Global Engineering, including R&D, technology, product portfolio and production support. Mr. MILAVEC is a member of the GSC. He has over 28 years of relevant experience in the automotive industry, including positions in Product Engineering, Manufacturing Engineering, Operations and Quality. At Nexteer Automotive, he served as Vice President of Global Engineering from January 2018 to July 2019, Vice President of Global Current Product Engineering from June 2017 to January 2018, Executive Director of Global Product Engineering from August 2016 to June 2017, Director of Corporate Engineering and Global Programme Office from 2012 to 2016 and Chief Product Engineer for EPS from 2009 to 2012. At Delphi Saginaw Steering Systems, he served as Chief Product Engineer for Driveline from 2005 to 2009, Chief Manufacturing Engineer for Driveline from 2003 to 2005, and as Quality Manager for Saginaw plants 4 and 5 from 2000 to 2003. He served as an Engineering Supervisor at the Delphi Automotive Mexico Technical Centre in Juarez, Mexico from 1995 to 1997. Mr. MILAVEC began his career with General Motors in 1989 as a Product Engineer at the former Saginaw Steering Gear Division, and held several positions in engineering, quality and operations prior to his Mexico assignment in 1995. He obtained a Bachelor’s degree in mechanical engineering from New Mexico State University in Las Cruces, the USA, in 1989 and a Masters’ degree in mechanical engineering from the University of Michigan in Ann Arbor, the USA, in 1992.

Peter Ziparo

Mr. Peter Michael Ziparo serves as Vice President, General Counsel of the Company. He is responsible for managing all global legal and compliance matters for the Group. Mr. ZIPARO offers over 16 years of relevant experience in the automotive industry and over 24 years of legal experience. Mr. ZIPARO is also a member of the GSC. Prior to joining Nexteer, he served as Vice President and General Counsel of Visteon Corporation, a Tier-One automotive supplier from April 2014 to March 2016, an Assistant General Counsel from 2005 to 2014 and an Associate General Counsel from 2002 to 2005. Mr. ZIPARO’s experience also includes posts as Corporate Associate with international law firms, Morrison & Foerster LLP and Chadbourne & Parke LLP. He obtained a Bachelor’s degree, with honors in mathematics, from Hamilton College, the USA, in May 1991 and a Juris Doctor degree, magna cum laude, from Albany Law School, the USA, in May 1994.

Yi Fan

Mr. Yi Fan serves as Vice President, Executive Director, Company Secretary of the Company. He was appointed as our Vice President on November 14, 2013. He had served as our Joint Company Secretary since January 28, 2013 until he became the sole Company Secretary with effect from October 19, 2018. He is responsible for the management of our operations and handling of company secretarial duties. Mr. FAN is also a member of the GSC. Mr. FAN has approximately 20 years of relevant experience in the automotive industry. Mr. FAN currently serves as a Director of our three directly held subsidiaries, Nexteer UK Holding Ltd., Nexteer (China) Holding Co., Ltd., PCM (Singapore) Steering Holding Pte. Limited and as a Director of several of our other subsidiaries. Mr. FAN has held the following positions in our controlling shareholders, namely, Deputy General Manager of AVIC Auto from January 2012 to February 2019; General Manager from July 2013 to February 2019 and Director and Secretary to the Board of Directors of PCM China since 2010; and the sole Director of Nexteer Automotive (Hong Kong) Holdings Limited (Nexteer Hong Kong) since its incorporation in August 2012. From 1992 to 1999, Mr. FAN worked at the economic research centre of AVIC. From 1999 to 2005, Mr. FAN served as Managing Director of the automotive department of China Aviation Industry Corporation II. In 2005, he started working in the automotive department of AviChina Industry & Technology Co., Ltd., a company listed on the Hong Kong Stock Exchange (stock code: 2357), a non wholly-owned subsidiary of AVIC, where he was initially Deputy Manager, and was later appointed as Manager in 2007. Mr. FAN graduated in 1987 from Beijing Aviation Institute of Aeronautics and Astronautics, China (now known as Beijing University of Aeronautics and Astronautics, China) with a bachelor’s degree in engineering from the Faculty of Automatic Control, and completed a master’s research course in education, economics and management from Beijing

Ot Benson

Mr. Benson Ot is Vice President of Sales and Marketing of the company. Mr. BENSON is a member of the GSC. He offers almost 15 years of service in the automotive industry, primarily within global supply chain management, in addition to 8 years of active duty service in the United States Air Force. Mr. BENSON most recently served as Vice President, Global Supply Management (GSM) since June 2018 and Director of North America GSM since 2013. In these roles, Mr. BENSON was responsible for managing supply chain operations, developing supplier relationships and delivering benchmark material cost, quality and launch performance to our North American plants in the US and Mexico. In 2017, Mr. BENSON rejoined Nexteer after serving two years as Vice President of Global Procurement at Nidec Motor Corporation. Mr. BENSON began his career with Delphi Steering’s GSM team in 2005, where he held positions including China Business Line Purchasing Manager, Suzhou Steering Purchasing Manager and Enterprise Commodity Manager. Mr. BENSON holds a Bachelor of Science in marketing and Asian studies from Utah State, the USA; a Master of Business Administration in International Management from East Carolina University, the USA; and a Master of Arts in Chinese linguistics from the University of Hawaii at Manoa, the USA.

Cathy Xu

Ms. Xu Cathy is Vice President, Global Human Resources of the company. She is responsible for all HR activities, including leading the global HR team to cultivate our One Nexteer culture at all levels of the organisation. Ms. XU is a member of the GSC. She offers more than 12 years of service in the automotive industry and the HR function. Ms. XU most recently served as Executive Director, Global HR since June 2017. In this role, Ms. XU was responsible for establishing global HR strategies and enhancing the global HR team’s competencies. Ms. XU joined the Company in 2006, based in Suzhou, China, where she has served as Divisional HR Director of Asia Pacific, Country HR Director of China and Plant HR Manager of Suzhou, China. Ms. XU holds a Bachelor of Science in business administration and a Master of Executive Business Administration from Nanjing University, China.

Jianqing Fan

Mr. Jianqing David Fan serves as Vice President and Divisional President – APAC Division of the Company. He is responsible for the entire Asia Pacific business, gaining commitments from the business lines and leveraging corporate functions to meet the business plan of the division. He is also a member of the GSC. Mr. FAN has over 23 years of relevant experience in the automotive industry. Prior to joining Nexteer, he spent several years within the Delphi group where he served as Vice President and President of China operations from July 2019 to December 2019. He also served as Managing Director of Asia Pacific for Delphi ICE from 2017 to 2019, Managing Director of Asia Pacific for Delphi Powertrain FIS from 2016 to 2017, and Managing Director of China for Delphi Diesel Systems from 2015 to 2016. Prior to this, Mr. FAN spent 17 years within Tenneco where he served as General Manager of Asia Pacific from January 2015 to August 2015. He served as General Manager of China from 2011 to 2015, and previously served as Commercial and Sales Director of China from 2007 to 2011. Following a number of assignments that included Project Engineer, Engineering Manager, and Director of Engineering, he served as General Manager of Tenneco’s technical center in China from 2006 to 2007. Mr. FAN obtained a bachelor’s degree from the University of Science and Technology of China in 1991, a doctorate degree in mechanical engineering from the University of Pittsburgh in 1997, and a master’s degree in business administration from the University of Michigan in 2005.

Dennis Hoeg

Mr. Dennis Steven Hoeg serves as Vice President and Divisional President – North America Division of the Company. He was appointed as our Vice President and Divisional President – North America Division on November 16, 2017. He is responsible for the entire North America business, gaining commitments from the business lines and leveraging corporate functions to meet the business plan of the division. He was previously Vice President of Global Operations, Manufacturing Engineering and Capital Enterprise Systems since December 2012. He has 40 years relevant automotive experience and is also a member of the GSC. Mr. HOEG served as Vice President of Engineering at Nexteer Automotive from June 2011 to November 2012. He was Executive Director of Global Supply Management from 2007 to 2011, Director of Global Manufacturing Engineering from 2002 to 2007, and Plant Manager from 1999 to 2002 at Delphi Saginaw Steering Systems. Mr. HOEG began his automotive career with GM in 1978 as a Manufacturing Engineer at the former Saginaw Steering Gear Division. In 1997, he was Programme Manager for the GMT800 and L/N/P90 programmes in Plant 7, Chief Manufacturing Engineer for Hydraulic Steering in 1994, and Staff Engineer for integral gears in 1992. Following a number of assignments that included Plant Engineer, Process Engineer, Advanced Manufacturing Engineer, and Assistant Staff Engineer, he served as the Value Stream Manager for steering valves at Plant 7 in 1988. He obtained a bachelor’s degree in mechanical engineering from Iowa State University, the USA, in May 1978, and a Master of Science from Purdue University, the USA, in May 1983.

Jun Li

Mr. Jun Li serves as Vice President, Global Product Line of the Company. He is also a member of the GSC. Mr. LI offers over 20 years of relevant experience in the automotive industry. Prior to his current role, Mr. LI was Vice President and Divisional President – Asia Pacific Division from November 2017 to January 2020 and he was responsible for overseeing our Asia Pacific Division business and operations, gaining commitments from the business lines and leveraging corporate functions to meet the business plan of the division. From October 2016 to November 2017 Mr. LI was Executive Director and Chief Operating Officer – Asia Pacific Division with the same responsibility. Before that, he served as Asia Pacific Steering Business Director from February 2015 to October 2016 and was responsible for developing the overall business plan and competitiveness. From May 2012 to January 2015, Mr. LI held the position as General Manager to oversee the operations of Nexteer Automotive (Suzhou) Co., Ltd. From 2010 to May 2012, Mr. LI served as Plant Manager and was responsible for the overall operational management of Nexteer Suzhou Plant 53. During 2008 and 2010, he took the role as Programme Manager of China’s first EPS Programme at Saginaw Steering (Suzhou) Co., Ltd. From 2004 to 2007, Mr. LI served as Programme Launch Manager and Engineering Manager at Delphi Automotive in Shanghai. Prior to joining Nexteer and Delphi Automotive, he held various supervisory positions in manufacturing, project management and engineering at Dongfeng Motor Group for 6 years, and 5 years at China Aerospace Science and Technology Corporation. He obtained a Diploma in Science and Technology in mechanical engineering from Huazhong University of Science & Technology, China in 1991, and a master’s degree in business administration from the University of Electronic Science & Technology of China, China in 2004.

Ricardo Pastor

Mr. Ricardo Antonio Pastor serves as Vice President - Global Quality and Programme Launch of the Company. He is responsible for all facets of the Global Quality function including strategic planning, execution, measurement and administration of Quality systems and controls. He is also in charge of Customer Programme Implementation (CPI) where he leads the optimisation of the CPI process and oversees programme launches to ensure successful performance. Mr. PASTOR is a member of the GSC. Mr. PASTOR brings over 33 years of experience in the automotive industry. Mr. PASTOR served as Executive Director of Global Quality at Nexteer since June 2015. Prior to leading the Global Quality function, he was Quality Director for the International and China Divisions from 2010 to 2015. Mr. PASTOR was senior manager in manufacturing planning in 2009, Director of footprint expansion for Asia Pacific from 2006 to 2009 and Chief Engineer for Europe from 2004 to 2006 at Delphi Automotive. Mr. PASTOR held many other leadership positions in engineering quality and programme launch prior to 2006. Over his career, Mr. PASTOR had nine years of expatriate assignments between Europe and China. Mr. PASTOR began his automotive career with General Motors in 1984 at the former Saginaw Steering Gear Division. He obtained a Bachelor of Science degree in electrical engineering with minors in mathematics and chemistry, summa cum laude, from Saginaw Valley State College, the USA, in 1987 and a Master of Science degree in electrical engineering from Oakland University, the USA, in 1990.

Herve Paul

Mr. Herve Paul serves as Vice President and Divisional President – EMEASA Division of the Company. He was appointed as our Vice President Divisional President – EMEASA Division in March 2016. He is responsible for gaining commitments from the business lines and leveraging corporate functions to meet the business plan of the division. He is also a member of the GSC. Mr. BOYER has over 23 years of relevant experience in the automotive industry. From May 2015 to February 2016, Mr. BOYER held the position of Executive Director of the NBHX Electronics group where he had the responsibility to run the Interior Trims business. Prior to this, Mr. BOYER spent several years within the Faurecia group where he served as President of North America Operations from June 2012 to July 2014 for the Interior Systems business group. From January 2009 to June 2012, Mr. BOYER was Vice President of the South Europe perimeter of Faurecia Interior Systems and previously served as Vice President for French, US and Japanese Divisions, from May 2008 to December 2008. Mr. BOYER has also served as Director for the Renault-Nissan Division from January 2006 to May 2008. From 2001 to 2005, Mr. BOYER held several sales and marketing positions at Faurecia Interior Systems and served as Programme Manager from September 1994 when he joined Sommer Allibert Industrie which was acquired by Faurecia group in late 2000. Mr. BOYER earned a degree in manufacturing engineering from L’Ecole Centrale de Nantes, France, in 1994 and attended the Advance Management Programme of Harvard Business School, the USA, in 2014.

Ping Liu

Mr. Liu Ping is Non-Executive Director of the Company. Mr. LIU served as the Chairman of the Board of AVIC Auto (a subsidiary of AVIC), our controlling shareholder, since January 2019. From September 2014 to January 2019, he was the General Manager of AVIC Asset Management Co., Ltd., a whollyowned subsidiary of AVIC. From January 2009 to September 2014, he successively served as the General Manager and Chairman of the Board of AVIC Sichuan Assets Operation and Management Co., Ltd. (formerly known as AVIC Sichuan Bureau. From April 2004 to January 2009, he was the Deputy General Manager and General Counsel of Chengdu Engine (Group) Co., Ltd., a wholly-owned subsidiary of AVIC. From May 2003 to April 2004, he was the Deputy Manager, Capital Finance Department of Sichuan Provincial Investment Group Co., Ltd. From February 2001 to May 2003, he was an assistant to the chief accountant of Chengdu Engine (Group) Co., Ltd. From September 1997 to February 2001, he successively served as Chief Accountant and Head of Finance Department, Deputy General Manager and the Chief Accountant of Chengdu Xinxing Electrical Appliance Co., Ltd. From July 1987 to September 1997, he successively acted as accountant in Finance Division, Chief of Finance in Supply Division and Deputy Director of Finance of Chengdu Engine (Group) Co., Ltd.. Mr. LIU holds a postgraduate master’s degree. He graduated in July 1987 from Zhengzhou Institute of Aeronautical Industry Management, China and obtained an executive master’s degree in business administration from the University of Electronic Science and Technology of China, China in 2012

Jianxun Zhang

Mr. Jianxun Zhang serves as Non-Executive Director of the Company. Mr. ZHANG is responsible for the Group’s strategy and key operations and advising on our strategies and policies. Mr. ZHANG was appointed as a Director of PCM China, our controlling shareholder, in January 2018. He has held the position of Investment Director of Beijing E-Town International Investment & Development Co., Ltd. (Beijing E-Town) from November 2017 to July 2018, and the Deputy General Manager of Beijing E-Town since July 2018. Mr. ZHANG has been the Chairman of the Board of Directors and General Manager of Beijing Mobile E-Town Co., Ltd. from April 2016 to September 2018. He served as the Chairman of the Board of Directors of Beijing E-Town International Industries Investment & Development Co., Ltd. since January 2016. From December 2013 to October 2015, Mr. ZHANG served as the General Manager of SongLiao Automobile Co., Ltd. (known as Cultural Investment Holdings Co., Ltd. since April 2016), a company listed on the Shanghai Stock Exchange (stock code: 600715). From December 2012 to December 2013, Mr. ZHANG held the position of the Head of the Asset Management Department of Beijing E-Town. From November 2008 to December 2012, he served as the Deputy General Manager of Zhongti Advertising Co., Ltd./Beijing Zhongti Hua’ao Consultation Co., Ltd. Prior to this, Mr. ZHANG served as a Project Leader of the Market Development Department of Beijing Organizing Committee for the Olympic Games from April 2005 to October 2008. Mr. ZHANG graduated with a major in communication and information system and obtained a master’s degree in engineering from Tianjin University, China in September 2003. In addition, he obtained a master’s degree in international marketing management in December 2004 from the University of Leeds, the United Kingdom.

Jianjun Liu

Mr. Jianjun Liu serves as Independent Non-Executive Director of the Company. was appointed as our Independent non-Executive Director on June 15, 2013. Mr. LIU was in the legal department of China Ocean Shipping (Group) Company container lines from July 1993 to March 1999, a Partner at Zhong Sheng Law Firm, Beijing, from April 2001 to October 2006, a Senior Associate in Zhong Lun Law Firm, Beijing from November 2006 to May 2007, and has been a Partner at Zhonglun W&D Law Firm, Beijing, since June 2007. Mr. LIU started practicing as lawyer in China in August 2001. He obtained a master’s degree in law from Peking University, China, in July 1998, and a law degree from Washington University in St. Louis, the US, in May 2004.

Cheng Wei

Mr. Cheng Wei serves as Independent Non-Executive Director of the Company. Mr. WEI is currently a Managing Partner of a company focused on corporate finance advisory business. Mr. WEI has held the following independent non-executive directorships in publicly listed companies: as an independent nonexecutive director, the chairman of the audit committee and member of the remuneration committee of the board of Alphamab Oncology, a company listed on the Hong Kong Stock Exchange (stock code: 9966), since December 12, 2019; and as an independent non-executive director and the chairman of audit committee of Tibet Water Resources Ltd., a company listed on Hong Kong Stock Exchange (stock code: 1115), since March 2011; and as an independent director and the audit committee chair of Alpha Peak Leisure Inc., a company listed on Toronto Stock Exchange (TSX-V: AAP), since November 2017. Mr. WEI’s prior directorship include an independent non-executive director, the chairman of the audit committee and a member of the renumeration committee of the board of Wisdom Sports Group, a company listed on Hong Kong Stock Exchange (stock code: 1661) from June 2013 to February 2018, and an independent director and the chairman of audit committee of the board of Hunter Maritime Acquisition Corp.,a company which was listed on NASDAQ (ticker symbol: HUNT) and delisted from NASDAQ in 2019 from April 2019 to July 2019. Mr. WEI served as a Chief Financial Officer of IFM Investments Limited, a real estate services company headquartered in Beijing, from December 2007 to September 2013. IFM Investments Limited was delisted from NYSE in 2015. Prior to that, from 2006 to 2007, Mr. WEI served as the Chief Financial Officer of Solarfun Power Holdings Co., Limited (ticker symbol: SOLF), a NASDAQ listed solar company (now known as Hanwha SolarOne Co., Ltd. and relisted on NASDAQ as Hanwha SolarOne (ticker symbol: HSOL). Mr. WEI became a member of the American Institute of Certified Public Accountants in February 1999.

Wing Fat Yick

Mr. Yick Wing Fat, Simon is Independent Non-Executive Director of the Company. Mr. YICK has over 32 years of experience in audit, direct investment, investment banking and corporate advisory services. Since October 1, 2019, Mr. YICK has also been appointed as the Independent Non-Executive Director, chairman of audit committee and remuneration committee, member of nomination committee of Modern Media Holdings Limited (Stock code: 72). Mr. YICK currently serves as an independent non-executive director, chairman of the audit committee and member of remuneration committee and member of nomination committee of China Singyes Solar Technologies Holdings Limited (Stock Code: 750), Shenzhen Neptunus Interlong Bio-technique Co., Ltd. (Stock Code: 8329) and Shanghai International Shanghai Growth Investment Limited (Stock Code: 770) (all of which are listed on the Hong Kong Stock Exchange). Mr. YICK is also an independent non-executive director, convener of the remuneration and assessment committee and a member of the strategy committee of Chengdu Xingrong Environment Co., Ltd. (Stock Code: 000598.SZ), a company listed on the Shenzhen Stock Exchange. Mr. YICK was a director of the following Hong Kong incorporated private companies limited by shares which were dissolved by way of deregistration: China Q-Buy Food Company Limited (dissolved on March 2, 2012, which was dormant), Grace Silver Investments Limited (dissolved on October 3, 2008, which was dormant), Daytune Corporate Services Limited (dissolved on August 20, 2004, which provided corporate secretarial services), and Continental Race Limited (dissolved on October 27, 2000, which principally engaged in the leasing of office premises). Mr. YICK confirmed that the aforementioned companies were solvent at the time of dissolution by deregistration and that no misconduct or misfeasance on his part as director led to the relevant company’s dissolution, nor is he aware of any actual or potential claim that has been or will be made against him as a result

Tony Wang