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Weiqiao Textile Co Ltd (2698.HK)

2698.HK on Hong Kong Stock

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Summary

Name Age Since Current Position

Hongxia Zhang

44 2014 Executive Chairman of the Board

Suwen Zhao

40 2010 Chief Financial Officer, Executive Director

Jiakun Wei

47 2014 General Manager

Yanhong Zhang

39 2006 Executive Director

Jinglei Zhang

38 Company Secretary, Executive Director

Shiping Zhang

68 1999 Non-Executive Director

Suhua Zhao

45 2008 Non-Executive Director

Wing Yau Chan

61 2003 Independent Non-Executive Director

Shuwen Chen

59 2014 Non-Executive Independent Director

Biographies

Name Description

Hongxia Zhang

Ms. Zhang Hongxia is Executive Chairman of the Board of Weiqiao Textile Co Ltd. She graduated from Shandong Cadre Correspondence University and obtained a professional diploma in financial accounting. She is qualified political administrator. She obtained a Master degree in Business Administration for senior management from Dalian Polytechnic University on July 7, 2006. She has over 18 years of management experience in the cotton textile industry. She previously worked at Zouping County Weiqiao Cotton Spinning Factory as Deputy Head and Head of the technical division as well as Director of the production technical department. She had also been Deputy General Manager and General Manager of the Holding Company, Director of Binzhou Weiqiao Property Company Limited, Chairman of Shandong Weilian Printing and Dyeing Company Limited (“Weilian Print”), Director and General Manager of Shandong Huibin Dyeing Company Limited (“Huibin Dyeing”) and Director and General Manager of Shandong Weiqiao Mianye Company Limited (“Weiqiao Mianye”) (from September 30, 2003 to December 25, 2012). She is currently also Non-Executive Director of the Holding Company (from May 2, 2001 onward and as Director from April 14, 1998 to May 1, 2001) Director of Binzhou Industrial Park (from November 26, 2001), Chairman and General Manager of Shandong Luteng Textile Company Limited (“Luteng Textile”) (from September 12, 2002), Chairman and General Manager of Shandong Binteng Textile Company Limited (“Binteng Textile”) (from March 12, 2004), Chairman of Weihai Industrial Park (from January 30, 2004) as well as Chairman and Executive Director of Weiqiao Textile (Hong Kong) Trading Company Limited (“Weiqiao (Hong Kong)”) (from October 12, 2011). Currently, Ms. Zhang is also Vice Chairman of the 5th session of the Hong Kong General Chamber of Textiles Limited. She is Chairman of the Company’s Nomination Committee and Member of the Remuneration Committee.

Suwen Zhao

Ms. Zhao Suwen is Chief Financial Officer and Executive Director of Weiqiao Textile Company Limited since May 5, 2010. She graduated from Shandong Normal University and obtained a professional diploma in business administration. She is a qualified economist. Ms. Zhao obtained the Chief Financial Officer (CFO) advanced study graduation certificate from School of Continuing Education, Tsinghua University on October 11, 2008. She oversees the Group’s finance and accounting affairs. She joined the Company in 1999. She has over 21 years of experience in the cotton textile industry. She previously worked at Zouping County Weiqiao Cotton Spinning Factory as an accountant for about 5 years and as Finance Manager of the Company.

Jiakun Wei

Mr. Wei Jiakun is General Manager of the Company. Mr. Wei is currently a director of (Shandong Weiqiao Chuangye Group Company Limited), the holding company of the Company. He joined the Company’s predecessor, (Zouping County Weiqiao Cotton Spinning Factory), in 1986 and has over 24 years of management experience in cotton manufacturing industry. Mr. Wei had served as the workshop director and director in the spinning mill of (Zouping County Weiqiao Cotton Spinning Factory) from September 1990 to October 2001, the general manager of (Weihai Weiqiao Textile Company Limited) from November 2001 to September 2002, the deputy general manager of Weiqiao Industrial Park of the Company from October 2002 to January 2005, the general manager of Zouping No.2 Industrial Park of the Company from February 2005 to April 2009 and the general manager of (Binzhou Weiqiao Technology Industrial Park Company Limited) from May 2009 to November 2014.

Yanhong Zhang

Ms. Zhang Yanhong is Executive Director of Weiqiao Textile Co Ltd since June 6, 2006. She graduated from Shandong University and obtained a professional diploma in computer and application. She further obtained a professional diploma in computer application from the Renmin University of China in 1996, a senior diploma in Innovative Management MIA from senior research class in Tsinghua University in 2006 and a Master degree in Business Administration for senior management from Dalian Polytechnic in July 2006. Ms. Zhang has over 14 years of management experience in the cotton textile industry. Ms. Zhang has been General Manager of Weihai Weiqiao since July 2001, and has been the general manager of Weihai Industrial Park from January 2004.

Jinglei Zhang

Mr. Zhang Jinglei is Company Secretary and Executive Director of Weiqiao Textile Company Limited. He graduated from Xi’an Engineering College and obtained the junior college diploma in proximate analysis in July 1997. He joined the Company (including its predecessor) in October 1997, and worked in the sales department of the Company from September 1998 to September 2000. He has successively worked at the securities office, production technology section and the securities department since October 2000. He has engaged in corporate governance of the Company for years and participated in relevant trainings provided by securities regulatory authorities at home and abroad. He is currently Non-Executive Director of China Hongqiao Group Limited.

Shiping Zhang

Mr. Zhang Shiping is Non-Executive Director of Weiqiao Textile Co Ltd. He graduated from Anhui College of Finance and Trading and obtained a professional diploma in cotton testing. He is qualified senior economist. He joined the Company in 1999. He previously held the positions of workshop supervisor, head of the production division, Deputy Head and Head of No. 5 Oil and Cotton Factory, party Secretary and Head of Zouping County Weiqiao Cotton Spinning Factory, General Manager of the Holding Company, Chairman of the Company, Chairman of Weilian Print, Chairman of Zouping County Daixi Shanzhuang Co., Ltd., Chairman of Binzhou Weiqiao Salt Industry Development Co., Ltd., Chairman of Shandong Weiqiao Tekuanfu Co., Ltd. (“Tekuanfu”), Chairman of Shandong Weiqiao Garment Co., Ltd., (“Weiqiao Garment”), Chairman of Binzhou Weiqiao Aluminum Technology Co., Ltd., Chairman of Shandong Weiqiao Elite Garment Co., Ltd. (“Elite Garment”), the director of Huibin Dyeing, the director of Binzhou Industrial Park (from November 26, 2001 to May 2010), Chairman of Weihai Weiqiao (from July 25, 2001 to May 2010) and Chairman of Profit Long Investment Limited. He is currently also Chairman of Shandong Hongqiao New Material Co., Ltd. (“Shandong Hongqiao”) (from July 27, 1994), the party secretary of Zouping County Supply and Marketing Cooperation Union (“ZCSU”) (from March 8, 1998), Chairman of the Holding Company (from April 14, 1998), Chairman of Shandong Weiqiao Investment Holdings Company Limited (previously known as Zouping Supply and Marketing Investment Company Limited), Chairman of China Hongqiao Holdings Limited , Chairman of Weiqiao Pioneering (Hong Kong) Import & Export Company Limited , and Chairman and executive director of China Hongqiao Group Limited. Mr. Zhang Shiping was a representative of the Ninth, Tenth and Twelfth National People’s Congress.

Suhua Zhao

Ms. Zhao Suhua is Non-Executive Director of Weiqiao Textile Co Ltd. Ms. Zhao Suhua graduated from the Adult Education College of Qingdao University, and obtained a professional diploma on textile engineering management. She joined the Company in 1999. She has over 17 years of management experience in the cotton textile industry. She had been supervisor of the production technical department and head of the production technical department of the Company (from May 2000 to February 2006), and is now the standing Deputy General Manager of the sales department of the Company (since February 2006).

Wing Yau Chan

Mr. Chan Wing Yau (George) is Independent Non-Executive Director of Weiqiao Textile Co Ltd. He is graduated from the Waterloo University in Canada and obtained a Bachelor degree in Mathematics in 1978. Mr.Chan has been Executive Director of China Golden Development Holdings Limited, and has been Assistant Vice President of William M. Mercer Ltd., Director of Jardine Fleming Investment Services Ltd, Executive Director of HSBC Asset Management Ltd, Member of the Central Policy Unit of Hong Kong Government, Member of the Consumers Litigation Fund Executive Committee, president of the Rotary Club of Tsim Sha Tsui East, Director of Peregrine Asset Management Ltd, Board Member of Hong Kong Ocean Park, Chairman of Hong Kong Ocean Park Investment Committee, and Director, General Manager and Chief Investment Officer of Dao Heng Fund Management Co., Ltd, Chairman of China Sub-Committee of the Hong Kong Investment Funds Association, Member of the Financial Committee of Hong Kong Trade Development Council, Member of Sir McLehose Trust Fund Investment Committee. He is currently Chairman and Chief Executive Officer of Capital Focus Asset Management Limited. He is also convener of Sir Robert Black Trust Fund Investment Committee and members of Police Children’s Education Trust and Police Education and Welfare Trust. He was appointed as Independent Non Executive Director at the Company’s extraordinary general meeting held on February 12, 2003. He is Chairman of the Company’s Audit Committee.

Shuwen Chen

Mr. Chen Shuwen, He has been approved to be an independent nonexecutive director of the Company graduated from Dongbei University of Finance and Economics with a bachelor degree in Economics in 1982 and obtained a master degree and a PhD in Economics from Jilin University in 1988 and 1996, respectively. Mr. Chen has substantial management and leadership experience serving in the PRC government. He commenced his career as the Deputy County Chief of the Benxi Manchu Autonomous County, Liaoning Province, the PRC, in March 1992 and was the Director of the Benxi City Commission for Restructuring the Economic Systems (from September 1995 to January 1998). He was the Director General of the Benxi Foreign Trade & Economic Cooperation Committee (from February 1998 until February 2001). Mr. Chen was the professor and the tutor for doctorate students at the Faculty of Management and Economics of Dalian University of Technology (from December 2003 to September 2010) as well as the dean at the Department of Public Administration and Law of Dalian University of Technology (from October 2010 to January 2015). Mr. Chen was the independent directors of Dalian Huarui Heavy Industry Group Co., Ltd. (stock code: 002204) (from December 2012 to February 2015), Yingkou Port Liability Co., Ltd. (stock code: 600317) (from October 2006 to April 2013) and Dalian Daxian Enterprises Holdings Co., Ltd. (stock code: 600747) (from September 2008 to August 2013). He is currently the professor and the tutor for doctorate students at the Department of Public Administration and Law of Dalian University of Technology (since October 2010), as well as an independent non-executive director of First China Financial Network Holdings Limited (stock code: 8123.HK) (since September 2011).

Basic Compensation

Name Fiscal Year Total

Hongxia Zhang

1,291,000

Suwen Zhao

673,000

Jiakun Wei

--

Yanhong Zhang

668,000

Jinglei Zhang

368,000

Shiping Zhang

--

Suhua Zhao

--

Wing Yau Chan

--

Shuwen Chen

--
As Of  31 Dec 2014