• Corporate Governance

    Board Committees

    Audit Committee

    The Company has established the Audit Committee on 9 May 2015 with written terms of reference in compliance with Rule 3.21 of the Listing Rules and paragraph D.3 of the Code on Corporate Governance Practices as set out in Appendix 14 to the Listing Rules. The Audit Committee currently consists of three independent non-executive Directors, namely, Mr. Jiang Senlin, Mr. Zhang Yi and Mr. Eric, Todd. Mr. Jiang Senlin is the chairman of the Audit Committee.

    The primary duties of the Audit Committee are, inter alia, to assist the Board in providing an independent view of the effectiveness of the financial reporting system, internal control procedures and risk management control systems, to oversee the audit process and to perform other duties and responsibilities as assigned by the Board.

    Remuneration Committee

    The Company has established the Remuneration Committee on 9 May 2015. The Remuneration Committee comprises an executive Director, namely Mr. Yan Shuai and two independent non-executive Directors, namely Mr. Jiang Senlin and Mr. Zhang Yi. Mr. Zhang Yi is the chairman of the Remuneration Committee.

    The principal responsibilities of the Remuneration Committee include making recommendations to the Board on the Group's policy and structure for the remuneration of all Directors and senior management, reviewing and approving the management's remuneration proposals with reference to the corporate goals and objectives of the Board from time to time. The Board as a whole has determined the remuneration policy and packages of the Directors.

    Nomination Committee

    The Company established a Nomination Committee on 9 May 2015. The Nomination Committee comprises an executive Director, namely Mr. Yan Shuai, and two independent non-executive Directors, namely Mr. Jiang Senlin and Mr. Zhang Yi. Mr. Jiang Senlin is the chairman of the Nomination Committee.

    The primary duties of our nomination committee are to review the structure, size, diversity and composition of our Board, assess the independence of independent non-executive Directors and make recommendations to our Board on matters relating to the appointment of Directors.

     

    INVESTMENT COMMITTEE

    The Company has established the Investment Committee on 2 March 2022. As at the date of this report, the Investment Committee comprises two executive Directors, namely Mr. Bai Huawei and Mr. Wang Yu and one non-executive Director, namely Mr. Lui Kwok Wai. Mr. Bai Huawei is the chairman of the Investment Committee.

    back to top





    Executive Directors

    MR. YAN SHUAI

    Executive Director, Chairman, member of Nomination Committee and member of Remuneration Committee

    Mr. Yan Shuai, aged 36, obtained his bachelor’s degree in financial management from Shanghai University of International Business and Economics(上海對外經貿大學)in 2009, bachelor’s degree of business administration (majoring in financial services and administration) (long distance learning course) from Douglas College in 2009 and Master Degree in Science (majoring in Economics and Finance) from University of Durham in the United Kingdom in 2011. Mr. Yan also obtained a fund practice certificate*(中國證券投資基金業從業證書)issued by Asset Management Association of China(中國証券投資基金業協會)in February 2018. Mr. Yan has over 10 years of experience in the finance field. Mr. Yan was a director of Links Network & Technology Co., Limited(上海淩脈 網路科技股份有限公司), a company listed on National Equities Exchange and Quotations (Stock code: 835718) from May 2017 to March 2019. He has also been a senior investment manager of Shenzhen Capital Group Co. Limited(深圳市創新投資集團)and Shanghai Chuangxin Investment Management Company Limited*(上海創新投資管理有限公司)since 2011, responsible for fund-raising and project financing. Mr. Yan has joined the Company since 13 March 2018.



    MR. BAI HUAWEI

    Executive Director, chairman of Investment committee

    Mr. Bai Huawei, aged 44, has over 20 years of experience in securities trading, enterprise listing, investment, financing and fund management and also has extensive professional experience in the energy field during his past cooperation with central state-owned enterprises in China. He has been a managing director of Xinglin Investment (Hong Kong) Limited since December 2015, a representative for type 1 (dealing in securities) regulated activities under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong, the “SFO”) (“Type 1”) of Shun Loong Securities Company Limited since May 2020 and a representative for type 9 (asset management) regulated activities under the SFO (“Type 9”) of Capital Focus Asset Management Limited since May 2020. Mr. Bai was also a representative for Type 1 of Emperor Securities Limited from March 2010 to May 2020, a representative for Type 1 of Emperor Wealth Management Limited from May 2012 to June 2017, a representative for type 2 (dealing in futures contracts) regulated activities under the SFO of Emperor Futures Limited from August 2017 to May 2020 and a representative and responsible officer for Type 9 of Emperor Asset Management Limited from August 2011 to October 2014 and from October 2014 to June 2017, respectively. Mr. Bai has joined the company since 7 September 2023.



    MR. WANG YU

    Executive Director, member of Investment Committee

    Mr. Wang Yu, aged 38, is a managing partner at BRICs (Xiamen) Equity Investment Fund Co., Ltd.* (金磚(廈門)股權投資基金有限公司)since December 2018. Prior to that, Mr. Wang served as post-doctoral analyst at China Oceanwide Holdings Group Co., Ltd.(中國泛海控股集團有限公司) from May 2017 to May 2019 and chief analyst at Zhuhai ValueHunter Investment Fund Management Co., Ltd.* (珠海德瑞恒泰投資基金管理有限公司) from September 2014 to September 2015.

    Mr. Wang obtained a bachelor’s degree in finance and a master’s degree in management studies from Waikato University in the New Zealand in June 2009 and August 2011 respectively, and a doctor’s degree in management from City University of Macau in September 2014. He was also a postdoctoral fellow in theoretical economics at Chinese Academy of Social Sciences(中國社會科學院) in the People’s Republic of China from May 2017 to May 2019. Mr. Wang has joined the Company since 5 January 2024.

    back to top





    Non-Executive Director

    MR. ZHANG ZHENYI

    Non-Executive Director

    Mr. Zhang Zhenyi, aged 43, has over 20 years experience in financial, risk and investment management. He currently acts as the executive director, chief financial officer, company secretary, member of the Management Committee of Mason Group Holdings Limited (a company listed on the main board of the Stock Exchange, stock code: 273) and a director of certain subsidiaries and associates of it in April 2020, Mr. Zhang also acts as an independent non-executive director of Jiangsu Protruly Vision Technology Group Company Limited(江蘇保千里視像科技集團股份有限公司)(a company delisted from the Shanghai Stock Exchange in May 2020, Stock Code: 600074) since July 2018 and an independent non-executive director of Carry Wealth Holdings Limited (a company listed on the main board of the Stock Exchange, stock code: 643) from March 2017 to August 2022. Mr. Zhang currently serves as a corporate instructor of MPACC at Harbin Institute of Technology and a practices instructor of postgraduate students of accounting and auditing at Jinan University and a students mentor of professional postgraduate students of University of Science and Technology Beijing and Zhongnan University of Economics and Law. Mr. Zhang obtained a master degree of business management* (工商管理碩士學位)from the University of Science and Technology Beijing in 2011. He also holds qualifications as a certified public accountant and senior accountant in the PRC. Mr. Zhang is an International Affiliate of the Hong Kong Institute of Certified Public Accountants, a fellow member of the Chartered Institute of Management Accountants, fellow member of CPA Australia and holds the certificate of independent director of the Shanghai Stock Exchange. Mr. Zhang has joined the company since January 2018 and he was an executive director, chief financial officer and authorized representative and authorized person of the Company, and re-designated to a non-executive director since March 2020.


    MR. CHUI KWONG KAU

    Non-Executive Director

    Mr. Chui Kwong Kau, aged 57, has over 23 years of experiences in financial management, accounting, and auditing fields. Mr. Chui, is currently an executive director of Yuk Wing Group Holdings Limited (stock code: 1536), a nonexecutive director of Boill Healthcare Holdings Limited (stock code: 1246) and an executive director of Hong Kong Life Sciences and Technologies Group Limited (“HK Life Sci”) (stock code: 8085). The securities of HK Life Sci had been listed on the GEM of the Stock Exchange until 14 September 2020. He was an independent non-executive director of Aurum Pacific (China) Group Limited (stock code: 8148) from March 2010 to March 2016, an executive director of China Energy Development Holdings Limited (stock code: 228) from October 2005 to June 2016 and a non-executive director of DeTai New Energy Group Limited (stock code: 559) from December 2015 to March 2020.

    Mr. Chui was an executive director of Ming Lam Holdings Limited (“Ming Lam Hldgs”) (stock code: 1106) from July 2019 to August 2020. Mr. Chui was informed that Ming Lam Hldgs was ordered to be wound up by the High Court of Hong Kong on 31 August 2020. Mr. Chui was a non-executive director of Hsin Chong Group Holdings Limited (stock code: 404) from May 2015 to March 2019 whose securities were listed on the main board of the Stock Exchange until 31 December 2019. Hsin Chong was wound up by an order of the Supreme Court of Bermuda dated 20 January 2020. On 11 April 2022, the Listing Committee of the Stock Exchange issued a statement in which, among others, certain former members of the board of HCGH have been criticised. Details of which in respect of Mr. Chui are set out in the Company’s announcement dated 19 April 2022. Mr. Chui has joined the Company since 7 January 2021.

    back to top



    MR. LUI KWOK WAI

    Non-Executive Director, member of Investment committee

    Mr. Lui Kwok Wai, aged 33, was appointed as the vice president of OCI International Holdings Limited (東建國際控股有限公司) (“OCI International”), a company listed on the Stock Exchange (Stock Code: 329), since November 2020. He is also a director of various subsidiaries of OCI International and the managing director and responsible officers of OCI Asset Management Company Limited, an indirectly wholly owned subsidiary of the OCI International. He manages SFC Type 1, Type 4 and Type 9 regulated activities and also acts as the overall management oversight and the manager-in-charge of key business line functions. Mr. Lui is focusing on company management, fund investment & capital market area, and business development.

    Mr. Lui has extensive experience in capital market and corporate finance. He served as the Senior vice president of the leverage & acquisition finance division of Mason Securities Limited from October 2016 to July 2020. Mr. Lui was responsible for margin finance, general offer finance, merge & acquisition projects, asset management, advising on securities trading and funds investment, as well as issuance of investment research report.

    Mr. Lui also served as non-executive director of China International Development Corporation Limited, a company listed on the Stock Exchange (stock code: 264), from February 2017 to March 2018.

    Mr. Lui obtained a bachelor’s degree of Science in Engineering (Environmental Engineering) from the University of California, San Diego in 2013. Mr. Lui has joined the company since 5 January 2024.


    back to top





    Independent Non-Executive Directors

    MR. ERIC, TODD

    Independent Non-Executive Director, and member of Audit Committee

    Mr. Eric, Todd, aged 62, possesses extensive professional experience in the auditing, financial management, investment and media industry. Mr. Todd holds a bachelor of science degree in business administration from the School of Management of Boston University in Massachusetts, United States of America. He was a certified public accountant in the State of California, the United States from September 1989 to January 2010. Mr. Todd started his career at the Hong Kong office of KPMG (formerly known as KPMG Peat Marwick) from 1985 to 1990 and subsequently joined the Standard Chartered Bank Group and worked from 1991 to 1995. Prior to joining the Company, he had been employed as a business consultant and also served as finance director for several companies engaged in the media industry.

    Mr. Todd was a director of Tech Pro Technology Development Limited (stock code: 3823) (“Tech Pro”) from March 2020 to June 2021, the issued shares of which were listed on the main board of the Stock Exchange and delisted on 2 March 2020. Mr. Todd was also an executive director of Chinese Food and Beverage Group Limited (stock code: 8272) from March 2020 to April 2021 (the issued shares of which were listed on the GEM board of the Stock Exchange and delisted on 13 July 2021) and a non-executive director of Leyou Technologies Holdings Limited (stock code: 1089) from July 2015 to December 2020 (the issued shares of which were listed on the main board of the Stock Exchange and delisted on 24 December 2020).

    Mr. Todd was an executive director of Shi Shi Services Limited (stock code: 8181) from August 2016 to October 2020, an executive director and chairman of DeTai New Energy Group Limited (stock code: 559) from March 2020 to September 2021, and an independent non-executive director of Boill Healthcare Holdings Limited (stock code: 1246) from July 2016 to August 2017 and an independent non-executive director of Jimu Group Limited (stock code: 8187) from May 2021 to February 2022. Mr. Todd was an executive director of Hsin Chong Group Holdings Limited (stock code: 404) (“Hsin Chong”) from March 2017 to March 2019, whose securities were listed on the main board of the Stock Exchange until 31 December 2019 . Hsin Chong was wound-up by an order of the Supreme Court of Bermuda dated 20 January 2020. Mr. Todd has joined the Company since 7 January 2021.



    MR. JIANG SENLIN

    Independent Non-Executive Director, chairman of Audit Committee, chairman of Nomination Committee and member of Remuneration Committee

    Mr. Jiang Senlin, aged 51, has over 20 years of experience in financial and investment management. He has been the vice president, chief financial officer, and chief executive officer in Wonderland International Asset Management Limited(華德國際資產管理有限公司) since January 2018. Mr. Jiang worked in Beijing Renge Technology Corp. Ltd*(北京仁歌科技股份有限公司) (NEEQ Code: 837824, voluntarily delisted in December 2018) as vice general manager and chief financial officer from September 2015 to December 2017. He also worked as chief financial officer (Asia) in Morningstar, Inc. (NASDAQ: MORN) from August 2009 to September 2015. Mr. Jiang has been an independent non-executive director of China Ruifeng Renewable Energy Holdings Limited(中國瑞風新能源控股有限公司), a company listed on the Stock Exchange (Stock Code: 527), since January 2019 and an executive director of Enviro Energy International Holdings Limited(環能國際控股有限公司), a company listed on the Stock Exchange (Stock Code: 1102), since June 2019. From March to June 2022, Mr. Jiang was a nonexecutive director of Suoxinda Holdings Limited(索信达控股有限公司), a company listed on the Stock Exchange (Stock Code: 3680).

    Mr. Jiang qualified as an accountant in the People’s Public of China in May 1998 and as an intermediate financial officer conferred by the Ministry of Personnel People’s Republic of China in November 1997. Mr. Jiang completed his research program in Art and Culture* (文藝學)at Sichuan University in July 2000 and obtained his bachelor’s degree in Accountancy at the Central Institute of Finance(中央財政金融學院) (now known as the Central University of Finance and Economics) in June 1993. Mr. Jiang has joined the company since 7 September 2023.



    MR. ZHANG YI

    Independent Non-Executive Director, chairman of Remuneration Committee, member of Audit Committee and member of Nomination Committee

    Mr. Zhang Yi, aged 43, obtained his bachelor’s degree in finance management from Xi’an Jiaotong University in July 2000. Mr. Zhang passed the SAC Securities Industry Professional Level Evaluation Test*(SAC證券行業專業人員水平評價測試)by the Securities Association of China*(中國證券業協會)on “securities trading”*(證券交易), “securities investment analysis”*(證券投資分析)and “fundamental knowledge in securities market”*(證券市場基礎知識)in June 2012. He had also passed the AMAC Fund Practitioner Qualification Examination*(AMAC基金從業人員資格考試)by Asset Management Association of China*(中國證券投資基金業協會)on “fundamental knowledge in security investment funds”*(證券投資基金基礎認知)and “laws and regulations, professional ethics and business practices of funds”*(基金法律法規、職業道德與業務規範), in December 2016. In addition, Mr. Zhang has also been the general manager in Shenzhen Sanzhi Mingxiang Cultural Media Co., Ltd* (深圳市三支明香文化傳媒有限公司)since September 2015. Mr. Zhang has joined the company since 7 September 2023.

    back to top





    * For identification purpose only