The members of the board (“Board”) of directors (“Directors”) of Jiangnan Group Limited are set out below:
|Executive Directors||Independent Non-Executive Directors||Senior Management|
Mr. Chu Hui - Chairman, Executive Director and Chief Executive Officer
Mr. Chu Hui, was appointed as the Company’s chief executive officer on 7 July 2014, and an executive Director on 18 July 2013. He is also a member of the Company’s corporate governance committee. He has over 20 years of experience in the wire and cable industry in the PRC. From May 2005 to December 2014, he was the chairman, an executive director and a general manager of 江蘇中煤電纜有限公司 (in English, for identification purpose only, Jiangsu Zhongmei Cable Group Co., Ltd.) (‘‘Zhongmei Cable’’), which is now a wholly owned subsidiary of the Company, and has been responsible for overall management of production, operation, sales and administration matters in Zhongmei Cable. Mr. Chu has been a director of Extra Fame, Jiangnan HK and Wuxi Jiangnan Cable, all being wholly owned subsidiaries of the Company, since July 2014. Mr. Chu has been a director of Jiangnan Power Assets Limited and Jiangnan Power Assets (HK) Limited, both being wholly owned subsidiaries of the Company, since September 2015. From June 2003 to November 2004, he was the executive director and general manager of Wuxi Zhongnan Mining Cable Co. Ltd. (無錫中南礦纜有限公司). From November 2001 to May 2003, he was the deputy general manager of Wuxi Jiangnan Wire. From November 1997 to October 2001, he was the factory director of Shanghai Asahi cable factory (上海滬旭電纜廠). From December 1994 to October 1997, he was engaged in the sales and marketing of wires and cables.
Mr. Chu Hui had been the vice chairman of the 2nd Governing Council of the Jiangsu Province Coal Mining Machinery Industry Association, the vice chairman of the 2nd National Fountain Professional Committee, and the general committee member (常務理事) of Yixing City Charity Association (宜興市慈善會).
Mr. Chu Hui has obtained several awards, including Outstanding Entrepreneur (優秀企業家) awarded by the people’s government of Yixing in 2012, Outstanding Entrepreneur in Coal Mining Machinery Industry (江蘇省煤礦機械工業優秀企業 家) by the Coal Mining Machinery Industry of Jiangsu Province (江蘇省煤礦機械工業協會) in 2006, one of the Top Ten Young Entrepreneurs in Wuxi City (無錫市十佳青年企業家) jointly awarded by a number of entities (including Wuxi Municipal Party Committee Organisation Department (中共無錫市委組織部), Wuxi City Economic and Trade Commission (無錫市經濟貿易 委員會) and Wuxi City Industry and Commercial Federation (無錫市工商業聯合會)) in 2008, one of the 17th Top Ten Outstanding Young Persons in Wuxi City (第十七屆無錫市十大傑出青年) jointly awarded by a number of entities (including Wuxi Municipal Party Committee Organisation Department (中共無錫市委組織部), Wuxi City Personnel Department (無錫市 人事局) and Wuxi City Youth Federation (無錫市青年聯合會) and Outstanding Young Person of Yixing City (宜興市優秀青年) jointly awarded by a number of entities (including Yixing Municipal Party Committee Organisation Department (中共宜興市 委組織部), Yixing City Personnel Department (宜興市人事局) and Yixing City Youth Federation (宜興市青年聯合會)) in 2006. Mr. Chu Hui currently serves as a member of the Chinese People’s Political Consultative Conference of Yixing City. Mr. Chu Hui also involved in a number of charitable activities and was granted the award of Charity Star of Yixing City (慈善明星) by the Yixing City Party Committee Council (中共宜興市委員會) and the people’s government of Yixing in 2007.
Mr. Chu Hui studied in Southeast University (東南大學) and obtained his master of business administration in 2004. Mr. Chu Hui was qualified as a senior economist (高級經濟師) in 2005 by the Jiangsu Province Personnel Department.
As at the date of this annual report, Mr. Chu Hui was a director of Power Heritage, being a shareholder of the Company which had an interest in the shares of the Company which would fall to be disclosed under the provisions of Divisions 2 and 3 of Part XV of the SFO, Chapter 571 of the Laws of Hong Kong.
The spouse of Mr. Chu Hui is a cousin of the spouse of Mr. Jiang Yongwei (an executive Director).
Ms. Xia Yafang - Executive Director and Executive Vice President
Ms. Xia Yafang, was appointed as the Company’s Director on 26 January 2011, the executive vice president on 25 February 2012 and an executive Director on 20 April 2012. She joined the Group in 2004. Ms. Xia is in charge of the Group’s overall day to day operations. She was appointed as chief engineer of Wuxi Jiangnan Cable in August 2011. Ms. Xia has over 21 years of experience in the wire and cable industry in the PRC. From April 2001 to January 2004, she was a director of technology department and vice general manager of Wuxi Jiangnan Wire. From March 1996 to March 2001, Ms. Xia was the engineer for cable research technology and the director of crosslinked cable factory of Wuxi Far East Cable Factory. During this tenure, Ms. Xia was in charge of production and daily operations of the factory. From July 1992 to February 1996, Ms. Xia worked at Wuxi City Jiangnan Cable Factory as a technician. Ms. Xia graduated from Nanjing Jinling Institute of Technology (formerly known as Nanjing Polytechnic University) with an associate degree in mechanical and electrical engineering in July 1992. Ms. Xia was qualified as a senior economist in November 2005 and a senior engineer in September 2007, both by the Jiangsu Province Personnel Department.
Mr. Jiang Yongwei - Executive Director and Vice President
Mr. Jiang Yongwei, aged 47, was appointed as a vice president and the Company’s Director on 25 February 2012 and an executive Director on 20 April 2012. Mr. Jiang joined the Group in February 2004. He is the head of the production department responsible for the Group’s production management. He has over 20 years of experience in the wire and cable industry in the PRC. Mr. Jiang has been a director of Jiangnan Cable since February 2004. Mr. Jiang served as vice general manager of Wuxi Jiangnan from August 1997 to February 2004 and was responsible for overall production. From January 1990 to July 1997, Mr. Jiang was a director of infrastructure department of Wuxi Jiangnan. Mr. Jiang graduated from Southeast University with a master’s degree in business administration in July 2004. Mr. Jiang was qualified as a senior economist in November 2005 by the Jiangsu Province Personnel Department. The spouse of Mr. Jiang Yongwei is a cousin of the spouse of Mr. Chu Hui, the Chairman, executive Director and chief executive officer.
Mr. Hao Minghui - Executive Director and Head of Overseas Sales
Mr. Hao Minghui, aged 58, was appointed as the Company’s executive Director on 1 December 2012. He is also a member of the Company’s corporate governance committee. Mr. Hao is responsible for overseas sales of the Group. He has over 22 years of experience in the wire and cable industry in the PRC. Mr. Hao completed the advanced study of a business management course offered by the Business Management Research Centre of the Renmin University of China in August 2002. In December 2003, Mr. Hao was accredited as a senior member of the Chinese Enterprise Operation and Management Talent Bank by National Talent Service Centre under the Ministry of Human Resources. Mr. Hao has also obtained the qualification certificate of international professional manager issued by the China International Professional Manager Association and China International Talent Development Centre.
From March 1990 to July 1991, Mr. Hao worked as the vice factory director of a cable factory in the PRC, and was the vicegeneral manager of a company in the PRC engaging in the manufacturing of wires and cables from August 1991 to October 1999. During November 1999 to November 2001, Mr. Hao was the vice-general manager and the sales director of a joint venture enterprise in the PRC which was engaged in the wire and cable industry and he had been the general manager of that enterprise from December 2002 to December 2005, the business chief executive in respect of electricity medium and high voltage cable and high pressure accessories in Greater China and certain Asian countries and regions and the business chief executive of cable accessories company of that enterprise from June 2008 to December 2010.
From January 2011 to September 2012, Mr. Hao worked as the vice-chief engineer of Wuxi Jiangnan Cable. From September 2012 to December 2014, Mr. Hao was the general manager of 無錫新蘇能電力科技有限公司 (in English, for identification purpose only, Wuxi New Suneng Electric Power Science & Technology Co., Ltd.), a wholly-owned subsidiary of the Company. Since January 2015, Mr. Hao has been the vice-general manager of Wuxi Jiangnan Cable.
Independent non-executive Directors:
Mr. He Zhisong - Independent Non-executive Director
Mr. He Zhisong, was appointed as the Company’s Director on 25 February 2012 and an independent non-executive Director on 1 March 2012. He is also the chairman of the Company’s remuneration committee and nomination committee and a member of the Company’s audit committee. Mr. He is a partner of Zhong Lun Law Firm. From July 1996 to February 2002, he worked for the Justice Bureau of Zhuhai, Guangdong. From November 1994 to July 1996, he was a partner of Zhuhai Sanlian Law Firm. From July 1992 to November 1994, Mr. He worked in the government of the Jinwan (formerly known as Sanzao) district of Zhuhai. Mr. He obtained a bachelor’s degree and a master’s degree in law from Southwest University of Political Science and Law and Renmin University of China in July 1992 and July 1999, respectively.
Mr. Yang Rongkai - Independent Non-executive Director
Mr. Yang Rongkai, was appointed as the Company’s Director on 25 February 2012 and an independent nonexecutive Director on 1 March 2012. He is also a member of the Company’s audit committee, remuneration committee and nomination committee. Mr. Yang has served as the head of the Electric Equipment Inspection and Test Centre Cable Quality Inspection Station of State Grid Electric Science Research Institute (formerly known as Wuhan High Voltage Research Institute, which was then renamed as “State Grid Wuhan High Voltage Research Institute” in 2007 and was subsequently merged with State Grid Nanjing Automation Research Institute and named as State Grid Electric Science Research Institute in 2008 (hereinafter called “Electric Science Research Institute”)) since July 2008. Mr. Yang has been a member of the Preparatory Team of the Cable Group of the State Grid Electric Power Research Institute since April 2011 and is currently a member of the Preparatory Team of the Cable Group of the State Grid Electronics Research Institute. He was the deputy chief of the Cable Technology Research Institute and the deputy head of the Cable Quality Inspection Station of Electric Science Research Institute from January 2007 to July 2008. From December 2005 to December 2006, he was the chief engineer of Cable Technology Research Centre and the deputy head of the Cable Quality Inspection Station of Electric Science Research Institute. During October 1985 to December 2006, Mr. Yang held various positions in Electric Science Research Institute, including engineer, senior engineer, and is now the deputy chief of the Cable Quality Inspection Station. He was appointed as the deputy secretary general at the Electricity Industry Electricity and Cable Standardisation Technology Committee in June 2001. Mr. Yang graduated from the China Electric Power Research Institute with a master’s degree in engineering in December 1985. Mr. Yang was qualified as a senior engineer by the Department of Electric Power of Electric Science Research Institute in December 1992.
Mr. Poon Yick Pang, Philip - Independent Non-executive Director
Mr. Poon Yick Pang Philip, was appointed as the Company’s Director on 25 February 2012 and an independent non-executive Director on 1 March 2012. He is also the chairman of the Company’s audit committee, and a member of the Company’s remuneration committee and nomination committee. Mr. Poon has over 19 years of experience in corporate finance and accounting. Mr. Poon joined Real Nutriceutical Group Limited (stock code: 2010), a company listed on the Main Board of the Stock Exchange in June 2008 as the chief financial officer and company secretary. Mr. Poon has been serving as an independent non-executive director of Trigiant Group Limited, a company listed on the Main Board of the Stock Exchange (stock code: 1300), with effect from 23 August 2011. Mr. Poon had taken up senior finance position in companies listed in Hong Kong and the United States of America. Mr. Poon also served various positions in Advent International Corporation, a global private equity firm, and in major listed companies in Hong Kong, including Lenovo Group Limited (stock code: 992) and Sun Hung Kai Properties Limited (stock code: 16), which are both listed on the Main Board of the Stock Exchange. Mr. Poon obtained a bachelor’s degree in commerce from the University of New South Wales in April 1993 and is a holder of a chartered financial analyst charter of the CFA Institute, a certified practising accountant (Australia) and a fellow of the Hong Kong Institute of Certified Public Accountants.
There are four Board committees. The table below provides membership information of these committees on which each Board member serves:
|Board committee Director||Audit
|Poon Yick Pang, Philip||C||M||M|
C: Chairman of the relevant Board committees
M: Member of the relevant Board committees
Mr. Chan Man Kiu - Chief Financial Officer and Company Secretary
Mr. Chan Man Kiu, is the chief financial officer and company secretary. Mr. Chan joined the Group in January 2011. Mr. Chan has over 30 years of experience in the field of finance and operations. From June 2007 to December 2010, Mr. Chan served as the deputy chief operating officer in Xinhua Sports and Entertainment Limited. From March 2001 to May 2007, Mr. Chan was the finance director and managing director in business development of Xinhua Finance Limited. From January 1990 to February 2001, he held different managerial roles in Jardine Fleming. Mr. Chan is a member of the Hong Kong Institute of Certified Public Accountants. Mr. Chan obtained his Professional Diploma in Accountancy from the Hong Kong Polytechnic in November 1984 and EMBA from the City University of Hong Kong in November 2003.
Mr. Cao Shunkang - Financial Controller
Mr. Cao Shunkang (曹順康), is the financial controller in China. Mr. Cao joined Jiangsu Zhongmei Cable Co. Ltd., a subsidiary of the Group in 2004. He was appointed as the financial controller of Wuxi Jiangnan Cable in September 2014 and responsible for account and financial matters of the Group’s operations in China. From July 1997 to May 2003, Mr. Cao was an accountant in Yixing Xin Fang Supply and Marketing Cooperation. He has rich experience in statistic, accounting, office administration and operation controls. Mr. Cao is a qualified accountant in China. Mr. Cao studied management and economic and graduated from Jiangnan University in 1991. Mr. Cao furthered his study in finance and graduated from China University of Geosciences in 2013.