Corporate Information
The Board of Directors
List of Directors and their Role and Function
Executive Directors
Mr. Pang Chung Fai Benny (Chairman)
Mr. Pang Chung Fai Benny (“Mr. Pang”), aged 51, was appointed as an executive Director, the chairman of the Board, a member of the Remuneration Committee and the Authorised Representative on 10 April 2024. Mr. Pang practiced as a lawyer since 1997 with several international law firms in Hong Kong and Sydney, Australia over two decades specialized in capital markets and general corporate and commercial work. Between 2009 to 2023, Mr. Pang held managing role of such law firms. Mr. Pang retired from his legal practice on 31 December 2023. Mr. Pang was a non-executive director of Huabang Technology Holdings Limited (a company with its shares listed on the main board of the Stock Exchange (stock code: 3638)) from 12 April 2018 to 30 October 2021. He was also an independent non-executive director of Janco Holdings Limited (a company with its shares listed on the GEM of the Stock Exchange (stock code: 8035)) from 27 September 2019 to 5 May 2021, an independent non-executive director of Sanbase Corporation Limited (a company with its shares listed on the GEM of the Stock Exchange (stock code: 8501)) from 8 December 2017 to 30 July 2021 and an independent non-executive director of Yuanda China Holdings Limited (a company with its shares listed on the main board of the Stock Exchange (stock code: 2789)) from 12 April 2011 to 6 June 2023 respectively.
Mr. Fu Yongyuan (Chief Executive Officer)
Mr. Fu Yongyuan ("Mr. Fu"), aged 67, was appointed as an executive Director, the Chief Executive Officer and the chairman of the Nomination Committee on 10 April 2024. Mr. Fu is a marine engineer and an economist for the shipping management. He graduated from Guangdong Province Economics Management Institute majoring in Industrial Economic Management and has over 40 years of experience in shipping and freight management. For two decades from 1972 to 1992, Mr. Fu served in the COSCO System including 廣州遠洋運輸公司 (COSCO Guangzhou). His responsibilities ranged from management of freight to vessel chartering operations. Mr. Fu was appointed as an executive director of Titan Petrochemicals Group Limited (“TPGL”) (a company with its shares listed on the main board of the Stock Exchange (stock code: 1192) and delisted on 23 August 2023) on 3 July 2012 and the chairman and legal representative of 泉州船舶工業有限公司 (Titan Quanzhou Shipyard Co., Ltd.) on 27 August 2012. On 30 September 2015, he resigned as the executive director of TPGL. Mr. Fu was appointed as an executive director of Asia Energy Logistics Group Limited (“AELG”) (a company with its shares listed on the main board of the Stock Exchange (stock code: 351)) on 6 July 2016. He resigned as an executive director of AELG on 30 October 2020.
Mr. To Kwan
Mr. To Kwan ("Mr. To"), aged 48, was appointed as an executive Director and a member of the remuneration committee of the Company (the "Remuneration Committee") on 15 June 2022. He holds a bachelor degree in commerce (accounting and finance) from The University of Melbourne, Australia. He has been an independent non- executive director of Easy Repay Finance & Investment Limited (a company listed on GEM of the Stock Exchange; stock code: 8079) since 1 November 2022. Mr. To was an executive director of Sino Union Energy Investment Group Limited ( "Sino Union") (now known as Yanchang Petroleum International Limited) (a company listed on the main board of the Stock Exchange; stock code: 346) during April 2012 to August 2014 and the chief financial officer of Sino Union during December 2009 to March 2012. He was also the chief financial officer of Hoifu Petroleum Group Limited (now known as Wisdom Wealth Resources Investment Holding Group Limited) (a company listed on the main board of the Stock Exchange; stock code: 007) during May 2012 to April 2014, the chief accountant and financial controller of China Oil And Gas Group Limited (a company listed on the main board of the Stock Exchange; stock code: 603) during September 2004 to December 2008 and the chief financial officer of Tem Fat Hing Fung (Holdings) Limited (now known as China Daye Non-Ferrous Metals Mining Limited) (a company listed on the main board of the Stock Exchange; stock code: 661) during December 2002 to May 2004. He has over 20 years of experience in accounting, corporate finance, merger and acquisition and corporate governance. He is a member of the CPA Australia.
Mr. Zhang Xiao Jun
Mr. Zhang Xiao Jun, aged 49, is an accomplished and performance-driven professional management with extensive experience in reorganizing and streamlining financial operations to increase performance and profitability. As the executive director and president of Guizhou Starcrest Education Management Co. Ltd. in China and Starcrest Education Ltd. (a company whose shares are listed on the main market of London Stock Exchange, stock ticker: OBOR) in the United Kingdom, he has demonstrated expertise in managing funds, optimizing cash flow, establishing investment funds, and providing investment and financing services. Mr. Zhang is skilled in strategic planning, business intelligence, continuous process improvement, ensuring compliance with financial regulations and implementing effective development strategies. Mr. Zhang excels in corporate governance, promulgating compliance with financial regulations, and ensuring the implementation of robust internal control processes. He has provided strategic guidance in developing and updating policies and procedures, critically assessed and improved internal control processes, and produced accurate cost optimization processes to enhance the organization’s efficiency and reduce costs. Prior to his current roles, Mr. Zhang held the position of assistant to the general manager and deputy general manager at YBN Holdings Limited in Shenzhen, China during August 2006 to March 2016. Additionally, Mr. Zhang served as the general manager at Henan Agricultural Development Investment in Henan, China during August 2008 to March 2016, where he played a key role in setting up the first agricultural industry fund in China with a designed fund size of RMB4.8 billion. Mr. Zhang holds a Master’s degree of Commerce in Funds Management from the University of New South Wales and a Bachelor’s degree of Business (Banking and Finance) from Monash University.
Independent Non-executive Directors
Mr. Yau Sze Yeung
Mr. Yau Sze Yeung ("Mr. Yau"), aged 45, was appointed as an independent non-executive Director and the chairman of the audit committee of the Company (the "Audit Committee") on 6 July 2022. He has over 20 years of experience in various sections of the financial industry including audit and corporate finance. He has been an independent non-executive director of Chi Ho Development Holdings Limited (a company listed on GEM of the Stock Exchange; stock code: 8423) since February 2017. He was the financial controller of Janco Holdings Limited ("Janco") (a company listed on GEM of the Stock Exchange; stock code: 8035) from July 2015 to October 2019 and was also an executive director and company secretary of Janco from April 2016 to October 2019.
Mr. Yau obtained a bachelor's degree of business administration in accountancy from City University of Hong Kong. He is currently a member of the Hong Kong Institute of Certified Public Accountants.
Mr. Chen Weijiang
Mr. Chen Weijiang ("Mr. Chen Weijiang"), aged 49, was appointed as an independent non-executive Director, the chairman of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee respectively on 3 January 2020. Mr. Chen Weijiang has over twenty years of experience in the sugar markets in the People ’s Republic of China . Mr. Chen Weijiang obtained a law degree from the Xi’an Politics Institute of the People ’s Liberation Army*（解放軍西安政治學院）and commenced work at the Zhanjiang Hengde Sugar Company Limited*（湛江恒德糖業有限公司）in 1997. From 2007 to 2017, Mr. Chen Weijiang acted as the executive director of Zhanjiang Hengde Sugar Company Limited*（湛江恒德糖業有限公司）.
Mr. Lee Chun Tung
Mr. Lee Chun Tung ("Mr. Lee") (formerly as, Li Chun Chiu), aged 52, was appointed as an independent non- executive Director, a member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee on 17 June 2022. He obtained a Master ’s degree of science in financial engineering from City University of Hong Kong in 2007. He was awarded the Bachelor ’s (Honour) degree in accounting and finance from Manchester Metropolitan University in 1994. Mr. Lee has been an executive director of Pinestone Capital Limited (a company listed on the main board of the Stock Exchange; stock code: 804) since 14 September 2022. He was the senior vice president of Eternal Sincere Finance Limited from May 2019 to 12 June 2022. He was a chief operating officer of BOA Financial Group Limited from September 2017 to May 2019, a director of the synthetic prime service of Haitong International Securities Company Limited during December 2015 to September 2017, a director of global commodities division of China Merchants Securities (HK) Co., Ltd during April 2014 to December 2015, an operations manager of QRMO (Quality Risk Management & Operations) from June 2013 to April 2014, a director of finance and treasury division of BOC International Holdings Limited during August 2006 to June 2013, an assistant manager of the risk management department of Mizuho Securities Asia Limited from September 2005 to June 2006 and controller of Hong Kong product control division, Singapore financial control division and Hong Kong financial control division of Credit Suisse First Boston (HK) Ltd. during May 2004 to October 2004, October 2002 to April 2004 and December 1999 to October 2002 respectively. Mr. Lee has extensive experience in internal control, risk management and regulatory compliance.