The Board is responsible for the leadership and control of the Company and overseeing the Group’s business, strategic decisions and performances and comprises six Directors, including three Executive Directors namely Mr. Tu Jianhua, Mr. Qin Yongming and Mr. Liu Huaiyu and three Independent Non-Executive Directors namely Dr. Loke Yu, Mr. Zhu Dajian and Ms. Qian Liping.
Executive Director and Chairman of the Company. He was appointed as an Executive Director on 29 April 2015. Mr. Tu serves as the Chairman of Executive Committee, Nomination Committee and Strategy and Investment Committee of the Company and he is also a director of certain subsidiaries of the Group. Mr. Tu Jianhua was appointed as the Chief Executive Officer of the Company during the period from 16 February 2016 to 31 March 2016. He has been the chairman of USUM Investment Group Limited since April 2014. He has been the director of Loncin Group Co., Ltd. since January 1996 and the director of Loncin Holdings Co., Ltd since January 2003. USUM Investment Group Limited, Loncin Group Co., Ltd. and Loncin Holdings Co., Ltd. are substantial shareholders of the Company.
He served as the chairman of the board of Loncin Holdings Co., Ltd. in the period from January 2003 to July 2010 and from February 2013 to December 2013, the executive director of Loncin Group Co., Ltd. from January 1996 to January 1997, and the chairman of the board of Loncin Group Co., Ltd. from January 1997 to December 2013. He served as the general manager of Chongqing Loncin Gasoline Engine Company (Sino-American Joint Venture), a company that used to be controlled by Mr. Tu during its existence, from 1995 to 1996, and served as the chairman of Chongqing Loncin Transportation and Machinery Factory, a company that used to be controlled by Mr. Tu during its existence, from 1993 to 1995. He served as the chairman of Chongqing City Jiulongpo District Loncin Metal Factory, a company that used to be controlled by Mr. Tu during its existence, from 1991 to 1993 and the factory director of Chongqing Cinhua Metals Factory, from 1983 to 1990.
Mr. Tu graduated from the Economic Management of the Open College in Chongqing City Municipal Party School in December 1998. Mr. Tu previously acted as the deputy to the 11th National People’s Congress, the deputy to the Second and Third Chongqing Municipal People’s Congress. He currently serves as the deputy to the 12th National People’s Congress and to the Fourth Chongqing Municipal People’s Congress, and the member of the Finance Committee of the Fourth Chongqing City Municipal People’s Congress, the Executive Committee Member of All-China Federation of Industry & Commerce, the vice president of Chongqing City Industry and Commerce Federation, the vice president of Chongqing City Charity Federation and the vice president of Chongqing City Enterprises Confederation.
Mr. Tu is a non-executive director of Hanhua Financial Holding Co., Ltd., a company whose shares are listed on the Main Board of the Stock Exchange (stock code: 3903), and a director of Loncin Motor Co., Ltd., a company whose shares are listed on the Shanghai Stock Exchange (stock code: 603766).
Chief Executive Officer and Executive Director. He joined the Group on 1 June 2016 as Executive Vice President, was appointed as an Executive Director on 30 June 2016 and was re-designated to Chief Executive Officer on 24 October 2016. Mr. Qin is a member of the Executive Committee, Strategy and Investment Committee and Pricing Committee of the Company. From 2004 to 2016, Mr. Qin worked with LafargeHolcim group and his last position with LafargeHolcim group was the purchasing director of the China region, with a particular focus on raw materials and cementitious materials. Mr. Qin served as the head of the purchasing department of Tianjin Henkel Detergent Co. Ltd. from 1996 to 1999 and the finance director of Tianjin Philips Sy Catering and Entertainment Co., Ltd. from 1994 to 1996. Mr. Qin has extensive experience in corporate operation management, process and budget control, strategic materials procurement and supplier management.
Mr. Qin holds a bachelor degree of Finance and Accounting from Renmin University of China and a Master of Business Administration from the University of Southampton.
Executive Vice President and Executive Director. He joined the Group on 24 October 2016 as Executive Vice President and Executive Director of the Company. Mr. Liu serves as a member of the Executive Committee and the Strategy and Investment Committee. Mr. Liu has over 20 years of experience in finance and management with various large organizations and listed companies. Prior to joining the Company, he served as the Chief Financial Officer and Executive Director of Xinyuan Real Estate Co., Ltd (NYSE: XIN). From 2011 to early 2015, he was the Asia Pacific Chief Financial Officer of Savills Plc (LSE: SVS). Mr. Liu holds a Master of Business Administration from Cornell University and a Bachelor of Economics from Shenzhen University. Mr. Liu is a member of the Hong Kong Institute of Certified Public Accountants and serves on its Mainland Development Strategies Advisory Panel. He is also a member of The Institute of Chartered Accountants in England and Wales.
Independent Non-Executive Director. He was appointed as an Independent NonExecutive Director on 23 June 2010. Dr. Loke serves as the Chairman of the Audit Committee and a member of the Remuneration Committee and the Nomination Committee of the Company. Dr. Loke has over 40 years of experience in accounting and auditing for private and public companies, financial consultancy and corporate management. He holds a Master of Business Administration degree from Universiti Teknologi Malaysia and a Doctor of Business Administration degree from University of South Australia. He is a Fellow of The Institute of Chartered Accountants in England and Wales; Hong Kong Institute of Certified Public Accountants; The Hong Kong Institute of Directors; and The Hong Kong Institute of Chartered Secretaries.
He is currently the company secretary of Minth Group Limited and serves as an independent non-executive director of the following companies whose shares are listed on the Stock Exchange: V1 Group Limited, Matrix Holdings Limited, China Beidahuang Industry Group Holdings Limited (formerly known as Sino Distillery Group Limited), China Fire Safety Enterprise Group Limited, Winfair Investment Company Limited, SCUD Group Limited, Zhong An Real Estate Limited, Tianjin Development Holdings Limited, China Household Holdings Limited, MEGA MEDICAL TECHNOLOGY LIMITED (formerly known as Wing Tai Investment Holdings Limited), Tianhe Chemicals Group Limited, China New Energy Power Group Limited, Forebase International Holdings Limited and Hang Sang (Siu Po) International Holding Company Limited.
Independent Non-Executive Director. He joined the Group on 17 December 2014. Mr. Zhu serves as the Chairman of the Remuneration Committee and a member of the Audit Committee and Nomination Committee of the Company. He is a distinguished professor of the School of Economics & Management, a director of the Institute of Governance for Sustainable Development, the head of the Department of Public Management and Policy, and the vice chairman of the Tongji University Academic Committee, at Tongji University in Shanghai, the People’s Republic of China. He was awarded the special allowance by the China’s State Council in 2000. He was also a senior research scholar at Harvard University in 2005 and a senior visiting fellow at Melbourne University in Australia from 1994 to 1995. Moreover, he is appointed as a member of The State Foundation for Social Sciences, a member of the Social Science Commission under the Chinese Education Ministry, a member of the Experts Commission on Sustainable Development & Resource and Environment under the Chinese Construction Ministry, and a special policy advisor for the Shanghai Municipal Government. He is also a member of the International Expert Committee of Enel Foundation in Italy, the Ellen MacArthur Foundation in the United Kingdom and Firmenich in Switzerland, respectively. Mr. Zhu was appointed as an independent non-executive director of China Taiping Insurance Holdings Company Limited on 21 August 2014, a company listed on The Stock Exchange of Hong Kong Limited (stock code: 966).
Independent Non-Executive Director. She joined the Group on 24 October 2016. Ms. Qian is a member of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Company. Ms. Qian is currently an associate professor at the School of Economics and Business Administration in Chongqing University and a managing director of Marketing Committee, Chinese Research Council of Modern Management. She was also a visiting scholar of the Chinese University of Hong Kong from 2010 to 2011. Ms. Qian has been appointed as an external review expert of several journals including “Management World”, “Journal of Marketing Science” and “Nankai Business Review”, and was awarded “2015 Annual Excellent Review Expert” by “Journal of Marketing Science”. She has more than 16 years of research experience in B2B Marketing and Marketing Channel Management and has intimate knowledge of the marketing environment and management mechanism in mainland China.
Ms. Qian holds a doctoral degree in Management from School of Management of Xi’an Jiaotong University.