Directors & management team

EXECUTIVE DIRECTORS

Mr LI Lixin, aged 57, is the executive Director and Chairman of the Company. Mr Li holds an Executive Master of Business Administration degree from Fudan University, and is the founder and current chairman of a private group of companies established in the PRC. The principal businesses of his private group include import and export business, chain supermarkets, commercial real estate development and operation management, real property development and investment holding, Mr Li’s private group also has investments in real property development, printing business and local bank in the PRC. Mr Li has 34 years of experience in the manufacture and sale of plastic and hardware products and products for daily consumption.

Mr Li was a committee member of the Eleventh National Committee of the Chinese People’s Political Consultative Conference, an executive committee member of National Industrial and Commercial Union. Mr Li was awarded the title of model worker in Ningbo City for the years 2001 to 2003. He was awarded the titles of “Outstanding Builder of Socialist Undertakings of Chinese Characteristics” in 2003 and 2006 by the People’s Governments of Ningbo City and Zhejiang Province respectively and was renowned for his contribution to the “Honourable Undertakings” and “Shining Star“ promotional programme by the People’s Government of Zhejiang Province. Mr Li joined the Group in 2008, he was appointed as non-executive Director and Chairman of the Group in September 2008 and redesignated as executive Director in April 2011; Mr Li resigned as Chairman in November 2019 and was reappointed as Chairman in October 2022.

 

Mr CHENG Jianhe, aged 59, is the executive Director of the Company. Mr Cheng has over 36 years of experience in the financial management, tax planning, cost control, investment and financing management fields in various industries, including manufacturing, business and paper mills. Mr Cheng graduated from the Jiangxi University of Finance and Economics and majored in financial accounting, and completed the Advanced Programme in Business Administration for Managers offered by Tsinghua University. He holds an Executive Master of Business Administration degree from Renmin University of China. Mr Cheng is also a Certified Public Accountant in the PRC and a member of the Chinese Institute of Certified Public Accountants.

Mr Cheng joined the Group in 2008; he was appointed as executive Director and Chief Executive Officer of the Group in September 2008 and resigned as Chief Executive Officer in August 2019.

 

Ms JIN Yaxue, aged 55, is the executive Director, member of remuneration committee and nomination committee of the Company and General Manager of household products business of the Group. Ms Jin is responsible for sales and operations management of Ningbo plant since 1998. She holds an Executive Master degree of Business Administration from Fudan University. She has over 29 years experience in development and sales of household products and sundries. She joined the Group when the Ningbo plant was acquired by the Group in 2010 and was appointed as an executive Director in July 2014.

 

INDEPENDENT NON-EXECUTIVE DIRECTORS

Mr HE Chengying, aged 62, is the independent non-executive Director, chairman of the nomination committee and member of the audit committee of the Company. Mr He is a professor and tutor of doctoral students at the Zhejiang University of Finance and Economics. Mr He graduated from the Department of Accountancy of the South Western University of Finance and Economics, he holds a Master’s degree in Economics from Zhejiang University and a Doctoral Degree of Economics from Xiamen University and is a visiting scholar at the Wharton School of Business, the University of Pennsylvania and the School of Mathematics, Oxford University. He previously worked for Shenzhen Investment Holding Corporation, China Eagle Securities, Guosen Securities, and United Securities. He is an associate professor, senior economist, Guanghua Adjunct Professor of South Western University of Finance and Economics, Adjunct Professor University of Oxford and the chief research fellow of the Institute of Industrial Innovation and Finance, Tsinghua University. Mr He had previously engaged in state enterprise, state-owned asset management, as well as directly participated in drafting and formulating policies for state enterprise and state-owned asset management reforms. Subsequently, Mr He has engaged in stock market innovation, asset reorganisation, as well as capital market operation and research. He has accumulated extensive experience in corporate reform, asset reorganisation and capital management planning. He joined the Group in September 2006.

 

Mr KWONG Kwan Tong, aged 59, is the independent non-executive Director, chairman of the remuneration committee and member of the audit committee and nomination committee of the Company. Mr Kwong is currently a consultant of SWL Company Service Limited. Mr Kwong obtained a diploma in accountancy from the Morrison Hill Technical Institute in Hong Kong in 1987. He is a fellow member of the Association of Chartered Certified Accountants and a member of the Hong Kong Institute of Certified Public Accountants and the Chartered Institute of Management Accountants. He has over 36 years’ experience in accounting, internal audit and financial management fields. He joined the Group in September 2018.

 

Ms CHEN Wei, aged 44, holds a Bachelor degree in International Finance from the Beijing University of Aeronautics and Astronautics, a Master degree in Money, Banking and Finance from the University of Birmingham in England and a PhD degree in Economics from the University of Birmingham in England. Ms Chen has extensive working experience in finance, banking and investment. She previously worked in international banks, securities companies and listed companies. Currently she is the investment director of an