Mr. Gong Renyuan is an executive Director, the President of the Group and the chief executive officer of the Company. He joined the Group in 2002. He is primarily responsible for overseeing the overall business of the Group, including devising and implementing the business and development strategies and targets. Before joining the Group, he has accumulated over eight years of experience in business operations. In 1993, Mr. Gong completed the programme in business English (外貿英語專科) organised by the Beijing Technology University (北京工業大學). Mr. Gong is the spouse of Ms. Ren Jie, a member of the senior management of the Group.
Mr. Yue Zhoumin is an executive Director and a vice president of the Group. Mr. Yue joined the Group in 2009. He is primarily responsible for the strategic planning and development of the Group. Mr. Yue graduated from the Shanghai Maritime University (上海海事大學) with a bachelor degree in economics in 1994. Mr. Yue has extensive experience in corporate and project management and fund raising in the capital markets. He is highly experienced in strategic management and has worked in the strategy division of China COSCO Holdings Company Limited, a company listed on the Stock Exchange with stock code 1919.
Mr. Chen Shimin was appointed an independent non-executive Director in August 2010. He is a certified management accountant registered in the United States, a member of the Institute of Management Accountants of the United States and the American Accounting Association of the United States. He graduated from the Shanghai University of Finance and Economics (上海財經大學) with a bachelor degree and a master degree in economics in 1983 and 1985, respectively. He then obtained a doctoral degree in philosophy from The University of Georgia in 1992. He has been a professor of accounting at China Europe International Business School (中歐國際工商學院) since August 2008. He is also a guest professor and adjunct tutor to Ph.D. students (博士生合作指導教師) of the department of accounting of the Nanjing University (南京大學) and the school of accounting of the Shanghai University of Finance and Economics. He has extensive education and research experience in domestic and overseas financial accounting and management accounting and gained a lot of teaching experience in numerous well-known universities. Mr. Chen is also an independent non-executive director and a member of the audit committee of China High Speed Transmission Equipment Group Co., Ltd., a company listed on the Stock Exchange with stock code 658; an independent director and a member of the audit committee of Shanghai Oriental Pearl (Group) Co. Ltd. (上海東方明珠（集團）股份有限公司), a company listed on the Shanghai Stock Exchange; and an independent director and a member of the audit committee of Hangzhou Shunwang Technology Co., Ltd. (杭州順网科技股份有限公司), a company listed on the Shenzhen Stock Exchange.
Mr. Zhang Xuejun was appointed an independent non-executive Director in December 2016. Mr. Zhang, aged 51, graduated from Capital Normal University (formerly known as Beijing Normal College) and obtained a bachelor’s degree in philosophy. Mr. Zhang also completed an on-job postgraduate course at Chinese Academy of Social Sciences. Subsequently, Mr. Zhang obtained a master’s degree in EMBA from Cheung Kong Graduate School of Business in 2006. Mr. Zhang taught at School of English and School of Political Science and Law in Beijing Normal College. Subsequently, Mr. Zhang successively assumed the deputy office head of Municipal Party Committee of Youth League in Beijing (北京團市委), secretary of the Committee of Youth League in Chaoyang District in Beijing (北京市朝陽區團委), director and secretary of Party Work Committee (黨工委書記) of Heping Subdistrict Office in Chaoyang District in Beijing (北京市朝陽區和平街街道辦事處). Since 2000, Mr. Zhang has served in Central Committee of Chinese Communist Youth League (共青團中央). Mr. Zhang successively assumed the deputy director of Chinese Young Pioneers Business Development Centre (團中央中國少先隊事業發展中心副主任), deputy director of the Central Juvenile Department (團中央少年部) and Central Propaganda Department (團中央宣傳部), director of Central Juvenile Department (團中央少年部) of the Chinese Communist Youth League, deputy director of National Committee of Chinese Young Pioneers (全國少工委副主任) and the member of 16th Central Standing Committee of the Chinese Communist Youth League (十六屆團中央常委). Mr. Zhang served as a deputy secretary (department level) at Municipal Party Committee of Jiujiang in Jiangxi Province (江西省九江市委副書記(正廳級)) from 2008 to 2011 and a Party secretary and director at Foreign Affairs Office in Jiangxi Province (江西省外事僑務辦公室) from 2011 to 2014. Mr. Zhang has served as a Party member and the Secretary-General of Chinese Western Returned Scholars Association (歐美同學會) since February 2014.
Mr. Xiang was appointed as our Executive Director on 19 March 2010 and is the Founder, Chairman of the Board Mr. Xiang is primarily responsible for the overall corporate strategy, planning and business development of the Group. After graduation from the Shanghai Maritime University (上海海事大學) in international shipping management in 1995, he obtained his master degree in business administration from the Maastricht School of Management, the Netherlands in 1999. Mr. Xiang has over 10 years of experience in the power electronic sectors.
Mr. Leung Ming Shu was appointed an independent non-executive Director in 24 March 2017. He is currently the chief financial officer and company secretary of China ITS (Holdings) Co., Ltd. Mr. Leung is also an independent non-executive director of Cabbeen Fashion Limited, a company listed on the Stock Exchange (stock code: 2030), and Comtec Solar Systems Group Limited, a company listed on the Stock Exchange (stock code: 712). Mr. Leung acted as an independent non-executive director of Shengli Oil & Gas Pipe Holdings Limited, a company listed on the Stock Exchange (stock code: 1080) from January 2011 to April 2013. Mr. Leung is experienced in the areas of corporate finance and accounting from his various roles detailed below. From November 2006 to January 2008, Mr. Leung served as the chief financial officer of Beijing Lingtu Spacecom Technology Co., Ltd., a subsidiary of Beijing Lingtu Software Co., Ltd., a PRC digital mapping and navigation software company. From February 2006 to October 2006, Mr. Leung served as the chief financial officer of Beijing Xinwei Telecom Technology Co., Ltd., a related party of 大唐電信科技股份有限公司 (Datang Telecom Technology Co., Ltd., a company listed on the Shanghai Stock Exchange) which is engaged in the development of a telecommunications standard and the manufacturer of telecommunications equipment. Prior to that, Mr. Leung spent approximately three years from February 2003 at CDC Corporation, a NASDAQ-listed company, as a senior manager in the mergers and acquisitions department, and as the chief financial officer of China.com Inc. (currently known as Sino Splendid Holdings Limited), a subsidiary of CDC Corporation and a company listed on the Stock Exchange (stock code: 8006). Mr. Leung started his professional career at PricewaterhouseCoopers in Hong Kong in auditing in 1998, and subsequently worked at the global corporate finance division of Arthur Andersen & Co. in Hong Kong, which subsequently merged with PricewaterhouseCoopers, until December 2000. From July 2001 to February 2003, Mr. Leung also worked as a business consultant in Market Catalyst International (Hong Kong) Limited, where he advised companies on issues of strategy, organisation and operations. Mr. Leung obtained a First Class Honours Bachelor’s degree in accountancy from the City University of Hong Kong in June 1998 and a Master’s degree in accountancy from the Chinese University of Hong Kong in November 2001. Mr. Leung is a Fellow of the Association of Chartered Certified Accountants since February 2007 and a Certified Public Accountant of the Hong Kong Institute of Certified Public Accountants since March 2006.
The Company is committed to maintaining a high standard of corporate governance. It is believed that high standards of corporate governance provide a framework and solid foundation for the promotion of high standards of accountability, transparency and responsibility to the shareholders of the Company (the “Shareholders”). The Company has adopted the Corporate Governance Code and Corporate Governance Report (the “Corporate Governance Code”) as set out in Appendix 14 to the Rules Governing the Listing of Securities on the Stock Exchange (the “Listing Rules”) as its own code to govern its corporate governance practices. The Board also reviews and monitors the practices of the Company from time to time with the aim of maintaining and improving the standard of corporate governance practices.
The Board is responsible for leading and controlling the Company and overseeing the Group’s businesses, strategic decisions and financial performances. The chairman of the Board is responsible for the overall corporate strategy, planning and business performance of the Group, and for the implementation of each resolution put forward at general meetings and Board meetings, while the chief executive officer is responsible for overseeing the overall business of the Group, including devising and implementing business and development strategies and targets. Major corporate matters that are specifically delegated by the Board to the senior management include preparation of interim and annual reports and announcements, execution of business strategies and initiatives adopted by the Board, implementation of adequate systems of internal controls and risk management procedures and compliance with relevant laws, rules and regulations.
The Board has established four committees, namely the audit committee, the remuneration committee, the nomination committee and the investment committee, to supervise various matters of the Group. To establish effective communication channels between each committees and the management, the Company established an internal coordination and support team to facilitate access to more independent and objective information for the Directors
The audit department of the Company regularly conducted comprehensive audit on the internal control system of the Company and its subsidiaries and submitted the “Report on Internal Control” for the Board’s review. The Board is responsible for the internal control system and reviewing its effectiveness and it also reviews the efficiency of the internal control system of the Group, which covers all material controls including financial, operational and compliance controls and risk management functions, to prevent unauthorized use or sale of assets, to ensure the proper filing of accounting records and the providing of reliable financial information for internal use or for release, and to ensure that the applicable laws, regulations and rules are complied with. The procedure reasonably ensures the non-occurrence of significant error, loss or fraud.
Listed Date 13 Oct 2010
Building 9-A, KongGangRongHuiYuan,
Yuhua Road, Tianzhu Airport Industrial Zone B,
Shunyi District, Beijing China
Telephone (86 010) 5630 1111
Facsimile (86 010) 56301112