Edition:
United Kingdom

Future Land Development Holdings Ltd (1030.HK)

1030.HK on Hong Kong Stock

6.19HKD
18 Jan 2019
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Summary

Name Age Since Current Position

Zhenhua Wang

55 2016 Executive Chairman of the Board

Xiaoping Lv

56 2016 Chief Executive Officer, Executive Director

Zhongming Lu

46 2016 Chief Financial Officer, Executive Director

Wai Ha Chu

2018 Joint Company Secretary

Feng Zhang

2018 Joint Company Secretary

Xiaosong Wang

31 2013 Non-Executive Director

Shengman Zhang

61 2018 Non-Executive Director

Huakang Chen

65 2012 Independent Non-Executive Director

Wei Zhong

49 2014 Independent Non-Executive Director

Zengjin Zhu

54 2012 Independent Non-Executive Director

Biographies

Name Description

Zhenhua Wang

Mr. Wang Zhenhua is Executive Chairman of the Board of the Company. Mr. Wang was appointed as our chairman and executive Director in July 2010. Chairman Wang began engaging in property development business in China in 1993. Chairman Wang founded the business of the Group and has been the chairman of the board of directors of Future Land Holdings Co., Ltd. (“Future Land Holdings”) since 1996. In 2001, Chairman Wang became chairman of the board of directors of Jiangsu Future Land Co., Ltd. (“Jiangsu Future Land”), a subsidiary of the Company that engages principally in residential property development and the B-shares of which were formerly listed on the Shanghai Stock Exchange (Stock Code: 900950). In December 2015, Future Land Holdings absorbed and merged Jiangsu Future Land by way of share swap and was listed on the Shanghai Stock Exchange (Stock Code: 601155). In 2008, he founded Future Land Wanbo, which focuses on the development of mixed-use complex project. Chairman Wang graduated from Jiangsu Broadcast and Television University with a diploma in mechanical engineering in August 1983, and from Cheung Kong Graduate School of Business with an EMBA degree in July 2005. Chairman Wang currently serves as an executive committee member of the All-China Federation of Industry and Commerce, vice-president of China Real Estate Chamber of Commerce and as president of Shanghai Real Estate Chamber of Commerce. Chairman Wang was named “National Model Worker” by the State Council in 2010 and was appointed as a representative of Jiangsu Province for the National People’s Congress of the PRC in January 2013.

Xiaoping Lv

Mr. Lv Xiaoping is Chief Executive Officer, Executive Director of the Company. Mr. Lv was appointed as our executive Director and chief executive officer in January 2016. Mr. Lv was appointed as our non-executive Director for a period from 6 November 2012 to 7 January 2016. Mr. Lv joined the Group in 2001. Mr. Lv served as the vice president of Future Land Holdings between September 2001 and August 2004, the general manager of Future Land Holdings between 30 March 2015 and 15 December 2015. From August 2004 to January 2013, Mr. Lv had been a director and the president of Jiangsu Future Land (Stock Code: 900950), principally responsible for the overall management of the Group’s residential property development business carried out by Jiangsu Future Land. Since February 2013, Mr. Lv has been the vice chairman of Jiangsu Future Land. Mr. Lv graduated from Naval University of Engineering with a bachelor’s degree in engineering in 1983. Mr. Lv later graduated from China European International Business School with an MBA degree in 2007. Prior to joining the Group, Mr. Lv worked in Changchai Company Limited, a company listed on the Shenzhen Stock Exchange (Stock Code: 000570) between 1987 and 2001 and served as the secretary to the board of directors and head of investment of the company, where he was responsible for business development and investment strategies.

Zhongming Lu

Mr. Lu Zhongming is Chief Financial Officer, Executive Director of the Company. He is the chief financial officer of the Company, overseeing the accounting and finance functions of the Group. Mr. Lu joined the Group in 2001 after Jiangsu Future Land acquired its listing status on the Shanghai Stock Exchange and became the finance general manager of Jiangsu Future Land in 2002. Mr. Lu has been a director of Jiangsu Future Land and a vice president of Future Land Wanbo since 2010. He served as vice president of Future Land Holdings between 2011 and December 2014. He became a vice president of the Company in January 2015. Mr. Lu completed his accounting study from Nanjing Institute of Finance & Economics in 1999, and obtained a degree of master of business administration from Tongji University in 2013. Prior to joining the Group, Mr. Lu served as deputy head of finance and audit department of Jiangsu Wuling (acquired by Future Land Holdings in our B-Share restructuring in 2001) between 1998 and 2001.

Wai Ha Chu

Ms. Chu Wai Ha is Joint Company Secretary of the Company. Ms. Chu is the Director and Head of Accounting, Tax & Trade Services at TMF HK. She has over 25 years’ experiences in providing various accounting, taxation and secretarial services to her clients. She is a fellow member of the Hong Kong Institute of Certified Public Accountants and an associate member of the Hong Kong Institute of Chartered Secretaries.

Feng Zhang

Mr. Zhang Feng is Joint Company Secretary of the Company. Mr. Zhang Feng joined the Group since March 2011 and was actively involved in the preparation and application for the Company’s listing of its shares on the Main Board of the Stock Exchange in 2012. Mr. Zhang has served various positions in the office to the Board of the Company, including deputy manager, manager for securities affairs and deputy head. When serving these roles, he was mainly responsible for leading and supervising the Company’s capital markets activities and securities-related affairs, assisting the Board in preparing all investor-related publications, including annual and interim reports, communicating with investors and regulatory bodies and the daily compliance matters of the Company. Mr. Zhang is currently the general manager of the capital market department of the Company, mainly responsible for managing the Company’s capital market operations, investor relations and financing activities, while supervising the corporate governance of the Company to ensure the compliance with the Listing Rules by the Company. Mr. Zhang obtained a bachelor’s degree in business administration from Davenport University in the United States in May 2005.

Xiaosong Wang

Mr. Wang Xiaosong is Non-Executive Director of Future Land Development Holdings Limited since October 18, 2013. Mr. Wang is the son of Chairman Wang. Mr. Wang joined Jiangsu Future Land in 2009 as civil engineer and subsequently as project manager. Between November 2011 and January 2013, Mr. Wang became the vice president and general manager of the marketing department of Jiangsu Future Land where he was responsible for and gained valuable experience in sales and market research. Mr. Wang has served as a director of Jiangsu Future Land since April 2013. In February 2013, Mr. Wang was appointed as president of Jiangsu Future Land, and has been responsible for its general management; and from 14 December 2015 to 26 October 2016, he served as the general manager of Future Land Holdings. In addition, since March 2015, Mr. Wang has been a director of Future Land Holdings. Mr. Wang graduated from Nanjing University with a bachelor’s degree in Environmental Sciences in 2009.

Shengman Zhang

Mr. Zhang Shengman is Non-Executive Director of the Company. He was appointed as our nonexecutive Director in March 2018. He has over 30 years of experience in corporate and financial matters. Mr. Zhang joined the Group in August 2016 and served as a director of Future Land Holdings, a subsidiary of the Company with its A shares listed on the Shanghai Stock Exchange, from August 2016 to March 2018. Since December 2006, Mr. Zhang has been an independent non-executive director of Fosun International Limited, a company incorporated in Hong Kong and the issued shares of which are listed on the Main Board of the Stock Exchange (Stock Code: 656). From May 1981 to October 1992, Mr. Zhang served various positions in the Ministry of Finance of the PRC, including deputy director. From November 1992 to October 2005, Mr. Zhang took up various roles in the World Bank, namely executive director for China, vice president and secretary and senior vice president, responsible for the World Bank’s corporate and support functions. Mr. Zhang was then promoted as managing director of the World Bank and chairman of the World Bank’s operations committee, sanctions committee and corporate committee on fraud and corruption policy from January 2001 to December 2006. Subsequently, Mr. Zhang joined Citigroup (listed on the New York Stock Exchange with stock code: C) in February 2006 as the chairman of the Public Sector. From February 2006 to May 2016, Mr. Zhang was the vice chairman of Global Banking and chief operating officer, president and chairman of Citigroup’s Asia Pacific Region. Mr. Zhang obtained a bachelor’s degree in English literature from Fudan University in January 1984 and a master’s degree in public administration from University of the District of Columbia in December 1985. Mr. Zhang completed the Harvard Advanced Management Program from Harvard University in June 1997.

Huakang Chen

Mr. Chen Huakang is Independent Non-Executive Director of the Company. Mr. Chen joined the Group in November 2012. He was awarded a certificate in Modern Economic Management Professional Studies by Beijing Economic Management College in 1988. Mr. Chen has been a certified public accountant in China since 1998 and a registered expert consultant in Jiangsu Province since 2004. He has over 40 years of experience in the field of accounting. Mr. Chen is and has been serving as the principal accountant and managing partner of Jiangsu Wujin Certified Public Accountants a registered PRC accounting firm in Jiangsu province, since 1995. He also served as managing partner of Wujin Assets Valuation Association between 1995 and 2000, and is and has been the president of Changzhou Jieling Investment Management Consultant Limited since 2004. Mr. Chen at present is managing partner of Changzhou Huifeng Accounting Office. Mr. Chen served as independent director of Jiangsu Future Land between May 2002 and May 2010 and the independent director of Jiangsu Shunfeng Photovoltaic Co., Ltd. between 2009 and May 2012.

Wei Zhong

Mr. Zhong Wei is Independent Non-Executive Director of the Company. Mr. Zhong has been a professor at the Department of Economics and Business Administration, Beijing Normal University since July 1999. Mr. Zhong worked as a lecturer at the Business School of Jiangnan University from July 1994 to July 1997. Mr. Zhong also served as an assistant engineer at Wuxi Alarm Devices Factory from July 1990 to July 1992. Mr. Zhong served as an independent director for Dongxing Securities Co., Ltd. since July 2011, which principally provides securities dealings and related services. Mr. Zhong also served as an independent director for Fudian Bank Co., Ltd. since September 2012, which principally offers commercial and investment banking services. Mr. Zhong was appointed as an independent non-executive director of China Resources Land Limited, a listed company on the Main Board of the Stock Exchange (Stock Code: 1109) in April 2017. Mr. Zhong graduated from Nanjing University in 1990 majoring in applied physics and from Southeast University in 1994 majoring in industrial economics management. Mr. Zhong received his doctorate’s degree in 1999 from Beijing Normal University majoring in international economics. Between September 2001 and July 2004, Mr. Zhong engaged in postdoctoral research in management science at Tongji University.

Zengjin Zhu

Mr. Zhu Zengjin serves as Independent Non-Executive Director of the Company. Mr. Zhu joined the Group in November 2012. He graduated from Nanjing University with a bachelor’s degree in law in 1985 and from Beijing University with an EMBA degree in 2005. Prior to joining the Group, Mr. Zhu was the head of the business department between July 1985 and August 1998 and the deputy head and partner between August 1999 and August 2009 of Jiangsu C&T Partners Law Firm respectively. He was also a listing committee member of the GEM Board of the China Securities Regulatory Commission between August 2009 and August 2011. Since January 2002, Mr. Zhu has been a committee member of the Jiangsu Province All China Lawyers Association in Securities Law and has been recognized as a Well Known Lawyer in Jiangsu Province by the association. He has served as an independent director of two listed companies in the PRC, namely Ningbo Yunsheng Co., Ltd. (Stock Code: 600366) and Bank of Nanjing Co., Ltd. (Stock Code: 601009), since March 2012 and June 2012, respectively, and three other non-listed PRC companies, namely, Guolian Trust Co., Ltd. Institute of Architectural Design Co., Ltd. and Jiangnan Rural Commercial Bank Co., Ltd. since June 2008, September 2009 and June 2012, respectively.

Basic Compensation

Name Fiscal Year Total

Zhenhua Wang

6,000,000

Xiaoping Lv

4,500,000

Zhongming Lu

4,000,000

Wai Ha Chu

--

Feng Zhang

--

Xiaosong Wang

2,400,000

Shengman Zhang

--

Huakang Chen

300,000

Wei Zhong

300,000

Zengjin Zhu

300,000
As Of  31 Dec 2017