Directors & management team

CHAIRMAN

MR LI LIXIN, aged 50, is the executive director (the “Director(s)”) of Lisi Group (Holdings) Limited (the “Company”) and chairman of the Company and its subsidiaries (the “Group”). 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 this private group include import and export business, real property development and investment holding. The group also has investments in real property development, printing business and local bank in the PRC. Mr Li has 27 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. He is currently a committee member of the Twelfth Zhejiang Province Committee of the Chinese People’s Political Consultative Conference, the vice chairman of the China Plastics Processing Industry Association and Ningbo City 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. He was appointed as non-executive Director and chairman of the Group in September 2008 and redesignated as executive Director in April 2011.

EXECUTIVE DIRECTOR

MR TONG SHIPING, aged 58, graduated from the Department of Computer Applications, Air Force Engineering University, People’s Republic of China. Mr Tong served in the Air Force of the Chinese People’s Liberation Army from 1983 to 1995. From 1995 to 2018, Mr Tong was the chairman of Tianjin Seashore New District Shisheng Business Trading Group Co. Ltd. (天津濱海世盛商貿集團有限公司) (“Shisheng”), a wholly owned subsidiary of China Auto Logistics Inc. which is listed on NASDAQ. Mr Tong was a director of China Auto Logistics Inc. until 11 July 2018.

Mr Tong has extensive experience in car imports and sales in China. In 2002, Mr Tong served as a director of the Tianjin Automobile Logistics Association. In 2003, Shesheng was awarded the title of “Accelerating the Development of Advanced Units” by the Tianjin Port Bonded Area Management Committee, and was awarded the title of “Excellent Enterprise for Achievements in the Industry” by Tianjin Automobile Logistics Association. Shisheng was also awarded the title of “100 Private Entrepreneurs” by the Ministry of Commerce and the Tianjin Municipal Government in 2005 and 2006 respectively. In 2006, Shisheng was rated as “Top Ten Enterprises in China’s Imported Automobile Sales Service” by China Automobile Dealers Association. Mr Tong was elected as the vice president of the Tianjin Binhai New Area Parallel Imported Automobiles Chamber of Commerce in 2016. Mr Tong Shiping was appointed as executive director of the Company on 18 July 2018.

MR CHENG JIANHE, aged 52, is the Chief Executive Officer of the Group. Mr Cheng has over 29 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. By profession, Mr Cheng is a Certified Public Accountant in the PRC and a member of the Chinese Institute of Certified Public Accountants. He was appointed as executive Director and Chief Executive Officer of the Group in September 2008.

MS JIN YAXUE, aged 48, is the General Manager of household products business of the Group. Ms Jin has been responsible for sales and operations management of Ningbo plant since 1998. She holds an Executive Master of Business Administration degree from Fudan University. She has over 22 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.

NON-EXECUTIVE DIRECTOR

MS CHENG WEIHONG, aged 56, is the founder of 天津開利星空實業有限公司 (Tianjin Kaili Xingkong Industrial Co. Ltd.), a company incorporated in China principally engaged in resources consolidation and strategic planning for parallel imports of cars in China. Ms Cheng was a director of China Auto Logistics Inc. a company listed on NASDAQ, until December 2017. Ms Cheng has over 20 years’ experience in car imports and sales in China. She was appointed as non-executive director of the Company on 28 September 2018.

MR LAU KIN HON, aged 50, is a Hong Kong practicing solicitor. He has been practicing law in Hong Kong for 25 years. Mr Lau received his bachelor of laws degree from University College, London, UK. Mr Lau is an executive director of CL Group (Holdings) Limited and an independent nonexecutive director of Mingfa Group (International) Company Limited, both of which are listed on the Stock Exchange of Hong Kong. He was appointed as non-executive Director and company secretary of the Company in May 2005.

INDEPENDENT NON-EXECUTIVE DIRECTORS

MR CHEUNG KIU CHO VINCENT, aged 42, independent non-executive Director, chairman of the nomination committee and member of the audit committee and remuneration committee. Mr Cheung is a Registered Professional Surveyor in the General Practice Division and member of The Hong Kong Institute of Surveyors and fellow member of The Royal Institution of Chartered Surveyors. Mr Cheung holds a Master Degree of Business Administration in International Management awarded by University of London in association with Royal Holloway and Bedford New College and a Bachelor Degree of Science (Honours) in Real Estate awarded by The Hong Kong Polytechnic University. He was also admitted as a member of Hong Kong Securities and Investment Institute in June 2017. Mr Cheung was qualified as a member of The Chine Institute of Real Estate Appraisers and Agents in July 2017 and admitted as a registered Real Estate Appraiser People’s Republic of China in August 2017.

Mr Cheung is currently the Deputy Managing Director, Asia and Head of Valuation and Advisory Services Department of a multi-national corporation; the independent non-executive director of RMH Holdings Limited, a company listed on GEM of the Stock Exchange (stock code: 8437) which is primarily engaged in provision of medical and surgical services in dermatology in Singapore, since September 2017 and the independent non-executive director of MECOM Power and Construction Limited, a company listed on the Main Board of the Stock Exchange (stock code: 1183) which is primarily engaged in integrated construction engineering and power substations construction in Macau, since January 2018.

Mr Cheung has over 21 years of experience in assets valuation, assets management and corporate advisory. He joined the Group in June 2006.

MR HE CHENGYING, aged 55, graduated from the Department of Accountancy of South Western University of Finance and Economics, holds a Master Degree of Economics from Zhejiang University, a Doctoral Degree of Economics from Xiamen University. He previously worked for Shenzhen Investment Holding Corporation, China Eagle Securities and United Securities. He is an associate professor, senior economist and a special research fellow of the China Management Science Research Institute and Researcher (Professor) of Zhejiang University of Finance and Economy. 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 was appointed as independent non-executive Director in September 2006.

MR SHIN YICK FABIAN, aged 49, independent non-executive Director, chairman of the audit committee and member of the remuneration committee and nomination committee. Mr Shin is currently the independent non-executive director of Goldenmars Technology Holdings Limited (3638. HK), Newton Resources Limited (1231.HK) and China Shun Ke Long Holdings Ltd. (974.HK). Mr Shin was a non-executive director of Hang Fat Ginseng Holdings Company Limited (911.HK) between January and February 2016.

Mr Shin graduated from the University of Birmingham in England with a bachelor’s degree in commerce. After graduation, he worked in the audit department of Deloitte Touche Tohmatsu. He had also worked in a listed company in Hong Kong as group financial controller and company secretary. He is a fellow member of Hong Kong Institute of Certified Public Accountants, Association of Chartered Certified Accountants, Institute of Chartered Secretaries and Administrators and the Hong Kong Institute of Company Secretaries. He joined the Group in 2013.

MR KWONG KWAN TONG, aged 52, is currently the Chief Financial Officer, Company Secretary and Authorised Representative of Weichai Power Co., Ltd., a company listed on Hong Kong stock exchange (stock code: 2338) and Shenzhen stock exchange (stock code: 000338). 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 worked for companies listed on The Stock Exchange of Hong Kong Limited and has over 25 years’ experience in the accounting, internal audit and financial management fields. Mr Kwong was an independent non-executive director of Changgang Dunxin Enterprise Company Limited until 31 December 2015, which is a company listed on Hong Kong stock exchange (stock code: 2229). Mr Kwong Kwan Tong was appointed as independent non-executive director of the Company on 28 September 2018.