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China Huarong Asset Management Co Ltd (2799.HK)

2799.HK on Hong Kong Stock

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18 Sep 2018
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Summary

Name Age Since Current Position

Cong Wang

54 2018 Acting Non-Executive Chairman of the Board

Xin Li

57 2018 President, Executive Director

Ying Hu

52 2015 Assistant to President

Guobing Yang

51 2015 Assistant to President

Lihua Wang

53 2016 Vice President, Executive Director

Jiliang Hu

52 2014 Vice President

Wenjie Wang

55 2014 Vice President

Qiugu Xiong

57 2012 Vice President

Zhanfeng Wang

51 2018 Executive Director

Yuping Li

54 2012 Member of Senior Management

Yingchun Li

44 2017 Joint Company Secretary

Wai Fung Ngai

56 2017 Joint Company Secretary

Lijia Dai

45 2012 Non-Executive Director

Yi Li

57 2017 Non-Executive Director

Langlang Zhou

37 2016 Non-Executive Director

Junmin Liu

67 2015 Independent Non-Executive Director

Jingchun Shao

60 2016 Independent Non-Executive Director

Fengming Song

70 2012 Independent Non-Executive Director

Hau Yin Tse

69 2015 Independent Non-Executive Director

Biographies

Name Description

Cong Wang

Ms. Wang Cong is Acting Non-Executive Chairman of the Board of the Company. Ms. Wang has been appointed as deputy researcher by PBOC in October 1997. Ms. Wang has been working in PBOC for many years, successively served as principal staff member and deputy director at the Scientific Research Organization Division of the Financial Research Institute from August 1985 to August 1998, then served as deputy director (in charge) of the Fiscal and Taxation Research Division of the Research Bureau from August 1998 to February 2004, researcher of the Risks Management Banking Institutions Division, researcher and director of the Deposit Insurance System Division of the Finance Stability Bureau from February 2004 to December 2012, during which period Ms. Wang practiced as assistant general manager of the Personal Financial Department of the PBOC from August 2011 to August 2012. Ms. Wang graduated from the School of Finance of Renmin University of China, majoring in finance, with a bachelor’s degree in economics in July 1985, and graduated from the Department of Public Finance of Xiamen University with a master’s degree in economics in July 1996.

Xin Li

Ms. Li Xin is President, Executive Director of the Company. has served as the deputy party committee secretary of the Company since April 2018, and was accredited as a senior economist by Bank of China (“BOC”) in December 1996. Ms. Li began her career in February 1980, and has served as party committee member and vice president of Jiangsu Yangzhou Branch of BOC from August 1992 to October 1996, leader of the Organization Group of Jiangsu Taizhou Branch of BOC from October 1996 to March 1997, party committee secretary and president of Jiangsu Taizhou Branch of BOC from March 1997 to March 1998, president of Jiangsu Yangzhou Branch of BOC from March 1998 to November 1998, party committee secretary and president of Jiangsu Yangzhou Branch of BOC from November 1998 to October 2001, party committee member and deputy general manager of the Nanjing Office of China Orient Asset Management Corporation (now known as China Orient Asset Management Co., Ltd.) (“China Orient”) from October 2001 to November 2004, leader of the Organization Group of the Asset Management Department of the headquarters of China Orient from November 2004 to June 2005, general manager of the Asset Management Department of the headquarters of China Orient from June 2005 to November 2005, general manager of the Market Development Department and general manager of the Asset Management Department of the headquarters of China Orient from November 2005 to April 2006, party committee member and assistant-to-president of China Orient and general manager of the Asset Management Department and Market Development Department from April 2006 to May 2006, party committee member and assistant-to-president of China Orient and general manager of the Market Development Department from May 2006 to November 2006, party committee member and assistant-to-president of China Orient from November 2006 to April 2007, party committee member and vice president of China Orient from April 2007 to May 2016.

Ying Hu

Ms. Hu Ying is a Assistant to President of the Company. She was accredited as a senior economist by the Company in October 2003. Ms. Hu started her career with Quzhou sub-branch of PBOC in December 1983. She worked in Quzhou branch of ICBC from May 1984 to January 1999, serving successively as deputy director of the Planning Loan Section and deputy director of Asset Preservation Department (in charge). She was the vice president of Quhua sub-branch of ICBC (in charge) from January 1999 to February 2000. Ms. Hu joined the Company in February 2000, serving successively as senior deputy manager of the Creditor’s Rights Management Department and senior manager, deputy general manager and general manager of Assets Management Department I of Hangzhou Office till October 2012 (concurrently held a temporal position as senior manager of the Assets Management Department I of the Company from September 2003 to May 2004). She served as general manager of Zhejiang Branch from October 2012 to July 2015 (concurrently serving as general manager of Shanghai Branch from January 2013 to July 2015), assistant to President of the Company as appointed by the Board of Directors from July 2015 to December 2015 and concurrently served as general manager of Shanghai Branch and Zhejiang Branch and she took office in December 2015 upon the approval of the CBRC on her qualification of assistant to President. She served as assistant to President of the Company and concurrently served as general manager of Shanghai Branch and Zhejiang Branch from December 2015 to May 2016, and has been the assistant to President of the Company since May 2016. Ms. Hu graduated from Zhejiang Gongshang University majoring in business administration with an MBA degree in July 2009.

Guobing Yang

Mr. Yang Guobing is a Assistant to President of the Company. He was accredited as a senior economist by the Company in October 2001. Mr. Yang started his career with Jiangxi branch of PBOC in July 1984. From January 1985 to April 2000, he served successively as a staff member, deputy chief of the Asset Preservation Department, chief of the Operations Department, and chief of the Creditor’s Rights Management Department of Jiangxi branch of ICBC (concurrently serving as deputy chief and director of Nanchang Minde Urban Credit Cooperative from November 1992 to November 1994 and deputy chairman of the board of directors and deputy chief of Nanchang Minde Urban Credit Cooperative from November 1994 to March 1997). Mr. Yang joined the Company in April 2000 as senior deputy manager (in charge) of Capital and Finance Department of Nanchang Office, and then served as senior deputy manager of the Investment Banking Deprtment and the Securities Operations Department successively from February 2001 to May 2003, assistant to general manager and deputy general manager of Nanchang Office from May 2003 to June 2006, deputy general manager of Huarong Financial Leasing from June 2006 to August 2008, deputy general manager of Beijing Office from August 2008 to ecember 2010, deputy general manager (in charge) and general manager of the Equity Administration Department of the Company successively from December 2010 to August 2012, and general manager of the Planning and Finance Department of the Company from September 2012 to July 2015 (concurrently serving as the chairman of the board of directors of Huarong Zhiyuan Investment & Management Co., Ltd. from November 2013 to December 2014, general manager of the Risk Management Department of the Company from January 2015 to July 2015),

Lihua Wang

Dr. Wang Lihua is Vice President, Executive Director of the Company. He was appointed as our executive Director on October 31, 2016, and his directorship qualifications are in the process of the approval of the CBRC, and he has been a vice president of the Company since October 2012 and was accredited as a senior economist by the Company in May 2015. Mr. Wang began his career at the Finance Office of Zhangqing Township, Hukou County, Jiangxi Province in July 1985 and worked as a cadre of the Finance Bureau of Hukou County, Jiangxi Province from December 1987 to September 1989. From July 1992 to September 1994, he was a financial manager in Hainan Zhonghe Industrial Co., Ltd.. From August 1997 to September 2012, he worked in the MOF, serving successively as cadre of the National Debt Department, principal staff member of the National Debt and Finance Department, deputy director of the Comprehensive Affairs Division of the Finance Department, deputy director of the Finance Division II of the Finance Department, director of the Finance Division II of the Finance Department and a cadre of deputy director level of the Finance Department. Mr. Wang joined the Company in October 2012 and has served as vice president since then. Mr. Wang graduated from the Forestry Department of Jiangxi Agricultural University with a bachelor’s degree in agriculture in July 1985. He graduated from Research Institute for Fiscal Science of the MOF (now known as Chinese Academy of Fiscal Sciences), majoring in public finance, with a master’s degree and then a doctor’s degree in economics in July 1992 and July 1997, respectively. From October 2005 to January 2008, he studied at the post-doctoral research center for applied economics of Peking University.

Jiliang Hu

Mr. Hu Jiliang is Vice President of the Company. Since November 2014. He was accredited as a senior economist by the Company in December 2000. Mr. Hu started his career in PBOC in December 1981. He held various positions in ICBC from February 1985 to April 2000, including deputy manager of Quzhou Trust and Investment Corporation of ICBC, director of the Infrastructure Construction Office of Quzhou Branch of ICBC, director of the Planning Loan Section of Quzhou Branch of ICBC, general manager of Zhejiang Industrial and Commercial Real Estate Development Corporation, deputy general manager of the Asset Management Department (in charge) and deputy director of the Asset Risk Management Division (in charge) of Zhejiang Branch of ICBC. Mr. Hu joined the Company in April 2000, serving successively as senior manager, assistant to general manager and deputy general manager of the Creditor’s Rights Management Department of Hangzhou Office till August 2004, deputy director of the Reorganization Office I, deputy general manager of Hangzhou Office and general manager of Huarong Financial Leasing from August 2004 to December 2009, marketing director, chairman of the board of directors and general manager of Huarong Financial Leasing from December 2009 to January 2014, and assistant to President from September 2012 to November 2014. Mr. Hu graduated from Hangzhou Cadre’s Institute of Finance and Management majoring in banking management in 1997, and graduated from The University of Hong Kong with an MBA degree in August 2003.

Wenjie Wang

Mr. Wang Wenjie is Vice President of the Company. He was accredited as a senior economist by ICBC in December 1994. Mr. Wang started his career in the Technological Transformation Credit Department of ICBC in July 1986. From March 1987 to December 1999, he served successively as principal staff member of the Technological Transformation Credit epartment, deputy director of the Project Management Division, director of Project Management Division I and deputy general manager of the Assessment and Consultation Department of ICBC. Mr. Wang joined the Company in December1999, serving successively as deputy general manager (in charge) and general manager of International Business Department till June 2003, deputy general manager (general manager level) and general manager of Nanjing Office from June 2003 to August 2006, general manager of the Investment Business Department (International Business Department) from August 2006 to December 2009, chief investment and operation officer and general manager of the Investment Business Department (International Business Department) from December 2009 to June 2010, chief investment and operation officer and general manager of Shanghai Office from June 2010 to April 2011, chief risk officer, chief investment and operation officer and general manager of the Risk Management Department from April 2011 to April 2013 and assistant to President and Secretary to the Board from September 2012 to November 2014. Mr. Wang graduated from Shaanxi College of Finance and Economics (now known as School of Finance and Economics of Xi’an Jiaotong University) with a bachelor’s degree in industrial finance and accounting and a master’s degree in industrial economy in July 1983 and July 1986, respectively.

Qiugu Xiong

Mr. Xiong Qiugu is Vice President of the Company. He was accredited as a senior economist by ICBC in September 1997. He started his career with Jing’an sub-branch of PBOC in Jiangxi Province in October 1980. From January 1985 to April 2000, he served successively as vice president of Jing’an sub-branch of ICBC in Jiangxi province, deputy director of General Office of Jiangxi branch of ICBC and president of Jingdezhen branch of ICBC in Jiangxi Province. Mr. Xiong joined the Company as deputy general manager of Nanchang Office in April 2000. He served successively as deputy general manager of the Creditor’s Rights Management Department, general manager of the Asset Management Department I and general manager of the Capital and Finance Department from September 2001 to November 2009, CFO and general manager of the Capital and Finance Department from November 2009 to January 2010, CFO and general manager of Planning and Finance Department from January 2010 to February 2011, assistant to President, CFO and general manager of the Planning and Finance Department from February 2011 to October 2012. Mr. Xiong has served as Vice President since October 2012 (concurrently serving as chairman of the board of directors of Huarong Securities from April 2011 to December 2012). Mr. Xiong graduated from Changchun Cadre’s Institute of Finance and Management majoring in finance in July 1988 and graduated from Fudan University majoring in accounting with a bachelor’s degree in economics in July 1997.

Zhanfeng Wang

Mr. Wang Zhanfeng is Executive Director of the Company. Mr. Wang began his career in August 1991, and has served as party committee member and vice president of Qingdao City Centre Branch of the People’s Bank of China from January 2003 to July 2003, a member of the Organization Group of Qingdao Office of the China Banking Regulatory Commission (“CBRC”), now known as the CBIRC), from July 2003 to September 2003, party committee member and deputy director of Qingdao Office of the CBRC from September 2003 to December 2005, deputy director of the Cooperative Financial Institution Supervision Department of the CBRC from December 2005 to October 2011, party committee secretary and director of Shanxi Office of the CBRC from October 2011 to April 2014, party committee secretary and director of Guangdong Office of the CBRC from April 2014 to April 2018. Mr. Wang graduated with a doctorate degree in Finance from the Southwestern University of Finance and Economics.

Yuping Li

Mr. Li Yuping is Member of Senior Management of the Company. since September 2012. He was accredited as a chief editor by PBOC in November 1997. From August 1984 to December 1998, Mr. Li served successively as editor of the General Editorial Department of the Economic Daily, and editor, person-in-charge and deputy director (deputy director level) of the General Editorial Department of Financial Times. From December 1998 to September 2003, Mr. Li worked at the Central Financial Work Commission, serving successively as deputy director of the Publicity Department, deputy director of the Civilization Office (director level) and director of the Publicity Division (the Civilization Office). Mr. Li worked as director of the News and Information Division of the General Office of CBRC from September 2003 to February 2006, deputy director of CBRC Jiangsu Office from February 2006 to September 2012. Mr. Li graduated from Fudan University Journalism Department with a bachelor’s degree in July 1984 and completed postgraduate courses in finance at Hunan College of Finance and Economics (now known as Hunan University) in December 1998.

Yingchun Li

Mr. Li Yingchun is the Company Secretary of the Company. He has served as the secretary to the Board since October 2017. In July 1994, he joined Beijing Chemical Industry Group Co., Ltd. and served as an assistant accountant of the fund adjustment center and served as an accountant of the finance department in the group. He served as a clerk at the joint stock bank supervision office of the management department of the People’s Bank of China from August 2000 to September 2003. He successively served as deputy chief, the chief and deputy director of the office in China Banking Regulatory Commission (“CBRC”) Beijing Office from September 2003 to August 2006. Mr. Li served as deputy director of the nonbank financial institution supervision department in CBRC Beijing Office from August 2006 to February 2009 and as deputy director of personnel department in CBRC Beijing Office from February 2009 to March 2010. Mr. Li joined the Company in March 2010 and served as senior manager, assistant general manager and deputy general manager of the human resources department of the Company until October 2013. He served as the deputy director (to preside over the work) of the office of the Board from October 2013 to February 2015 and as director of the office of the Board from February 2015 to October 2017. He serves as the secretary to the Board and concurrently serves as director of the office of the Board since October 2017. Mr. Li graduated from Hebei Finance and Economics Institution (now known as Hebei University of Economics and Business) with a bachelors degree in economics in July 1994, and graduated from Jiangxi University of Finance and Economics with a masters degree in advanced business administration in June 2014.

Wai Fung Ngai

Lijia Dai

Ms. Dai Lijia is a Non-Executive Director of the Company. Ms. Dai worked many years at the People’s Insurance Company (Group) of China Limited (“PICC”), the Central Financial Work Commission and CBRC, serving successively as a deputy director of PICC, deputy director of the Non-Banking Division of the Supervisory Committee Work Department of the Central Financial Work Commission, director of the Non-Banking Division of the Supervisory Committee Work Department of CBRC, researcher of the China Development Bank Regulatory Division, director of the General Office (Comprehensive Affairs Division), director of the Market Entry Division and counsel of deputy director level of the Banking Regulatory Department IV of CBRC. Ms. Dai graduated from the Finance and Accounting Department of Jiangxi College of Finance and Economics (now known as Jiangxi University of Finance and Economics) in July 1993 with a bachelor’s degree in economics, and graduated from the Graduate School of the Research Institute for Fiscal Science (now known as Chinese Academy of Fiscal Sciences) of the MOF in July 1999 with a master’s degree in economics and graduated from the Faculty of Business of University of Bath in UK in October 2006 with an MBA degree.

Yi Li

Mr. Li Yi is Non-Executive Director of the Company. Mr. Li began his career in April 1978. He worked in the MOF, serving successively as cadre, staff member and deputy principal staff member of the Party Committee Publicity Department from June 1985 to February 1989, member staff of the Department for Tax Affairs from March 1989 to November 1996, assistant researcher of the Tariff Division of the Department for Tax Affairs from November 1996 to September 1997, deputy director of the Tariff Division of the Department for Tax Affairs from September 1997 to February 1998. He practiced as deputy county magistrate of Xinhua County, Hunan Province from March 1998 to February 2000 (during which he studied as a part-time postgraduate at Economics and Management School of Hunan Normal University from September 1998 to July 2000). He worked in the MOF, serving successively as deputy director of the Agricultural Tax Division of the Department for Tax System and Tax Rules from February 2000 to June 2000, deputy director of the Agricultural Tax Division of the Department for Tax Affairs from June 2000 to August 2006, secretary of the Department for Tax Affairs (level of director) from September 2006 to August 2014 and deputy director of the Information and Network Center from August 2014 to January 2017 (level of deputy director general).

Langlang Zhou

Mr. Zhou Langlang serves as Non-Executive Director of the Company. Mr. Zhou has been a managing director of Warburg Pincus Asia LLC since 2005 and is currently a director of Datong International Holdings Limited. Mr. Zhou served as an analyst of the investment banking division of Credit Suisse First Boston from 2003 to 2004 and an associate of the investment banking division of Citibank from 2004 to 2005. Mr. Zhou obtained a bachelor’s degree in business and a bachelor’s degree in electrical engineering from the University of Western Ontario in 2002.

Junmin Liu

Dr. Liu Junmin is an Independent Non-Executive Director of the Company. Mr. Liu taught in Tianjin University of Finance and Economics and served as lecturer and associate professor from 1982 to 1992. He has been teaching in the Department of Economics of Nankai University since 1992 and served successively as an associate professor and a professor of the department and retired in July 2015. Mr. Liu served as an independent non-executive director of Tianjin Faw Xiali Automobile Co., Ltd. (a listed company on Shenzhen Stock Exchange, stock code: 000927) from May 2003 to June 2009 and has been serving as independent non-executive director of Tianjin Faw Xiali Automobile Co., Ltd. again since November 2016. Mr. Liu served as an independent non-executive director of Suzhou Jinfu New Material Co., Ltd. (a listed company on Shenzhen Stock Exchange, stock code: 300128) from March 2008 to June 2014. Currently, Mr. Liu is an independent non-executive director of AVIC Electromechanical Systems Co., Ltd. (a listed company on Shenzhen Stock Exchange, stock code: 002013), Chinese People Holdings Company Limited (a listed company on the Hong Kong Stock Exchange, stock code: 00681) and Yingli Green Energy Holdings Co., Ltd. Mr. Liu graduated from Nankai University, majoring in economy and obtained a bachelor’s degree in economics in July 1982, a master’s degree in economics in July 1988, and a doctor’s degree in economics in July 1994.

Jingchun Shao

Mr. Shao Jingchun is an Independent Non-Executive Director of the Company. Mr. Shao is a professor of the Law School of Peking University. Mr. Shao served as a lecturer of the faculty of law and senior judge training center of Peking University in 1988; a post-doctoral fellow of the European University Institute in 1989; a guest researcher of the European University Institute in 1990; Mr. Shao has been travelling, studying and conducting legal practice in Europe from 1991 to 1994. He was an associate professor of the faculty of law of Peking University in 1994; the director of international economic law department of the Law School of Peking University in 1996; He has been serving as a professor of Law School, the director of the international economic law institute and the chairman of the council of Peking University since 2001; He has been a director of WTO legal study center of Peking University since 2002.

Fengming Song

Mr. Song Fengming is an Independent Non-Executive Director of the Company. He is entitled to the Government Special Allowance of the State Council. He is currently a professor and PhD supervisor of the School of Economics and Management of Tsinghua University. Mr. Song served as a deputy dean (in charge) of the Management Department (now known as School of Economics and Management) of Zhenjiang Shipbuilding Institute (now known as Jiangsu University of Science and Technology), dean of the Department of Finance of the School of Economics and Management and co-chairman of the China Centre for Financial Research of Tsinghua University. Mr. Song was a senior visiting scholar of MIT Sloan School of Management and attended the training course for general managers offered by Harvard Business School. Mr. Song served as an independent director of China Construction Bank Corporation (“CCB”) (a company listed on the Hong Kong Stock Exchange, stock code: 00939, and on Shanghai Stock Exchange, stock code: 601939) from May 2004 to May 2010 and a supervisor of CCB from May 2010 to March 2013. He has been an independent director of China Guangfa Bank Co., Ltd. from 2013 to December 2016 and chairman of the board of supervisors of Tsinghua Holdings Co., Ltd. from October 2003 to October 2016. Mr. Song received a doctor’s degree in engineering (now known as system engineering) from Tsinghua University in August 1988. He pursued his post-doctorate research at University of California from 1992 to 1994. Currently, Mr. Song is deputy secretary-general, managing director, member of the Academic Committee and chairman of the Financial Engineering Professional Committee of China Society for Finance and Banking, managing director, member of the Academic Committee, chairman of the Quantitative Financial Professional Committee of the Society of Quantitative Economics of China, and managing director and member of the Academic Committee of China Urban Financial Society and China Society for Rural Finance.

Hau Yin Tse

Mr. Tse Hau Yin is an Independent Non-Executive Director of the Company. Mr. Tse is a fellow of the Institute of Chartered Accountants in England and Wales, and the Hong Kong Institute of Certified Public Accountants (“HKICPA”). Mr. Tse is a former president of the HKICPA and a former member of the audit committee of the HKICPA. He joined KPMG in 1976 and became a partner in 1984. Before his retirement in 2003, Mr. Tse was a non-executive chairman of KPMG’s operations in the PRC and a member of the KPMG China advisory board from 1997 to 2000. Mr. Tse has been an independent nonexecutive director of OCBC Wing Hang Bank Limited (formerly listed on the Hong Kong Stock Exchange, stock code: 00302) since November 2004, an independent non-executive director of Daohe Global Group Limited (listed on the Hong Kong Stock Exchange, stock code: 00915 and formerly known as Linmark Group Limited) from May 2005 to December 2016, an independent non-executive director of CNOOC Limited (listed on the Hong Kong Stock Exchange, stock code: 00883) since June 2005, an independent non-executive director of China Telecom Corporation Limited (listed on the Hong Kong Stock Exchange, stock code: 00728) since September 2005, an independent non-executive director of Sinofert Holdings Limited (listed on the Hong Kong Stock Exchange, stock code: 00297) since June 2007, an independent non-executive director of SJM Holdings Limited (listed on the Hong Kong Stock Exchange, stock code: 00880) since October 2007 and an independent non-executive director of CCB International (Holdings) Limited (a wholly-owned subsidiary of CCB) since March 2013. Mr. Tse is a member of the International Advisory Council of the People’s Municipal Government of Wuhan. Mr. Tse graduated from the University of Hong Kong and obtained a bachelor’s degree in social science in November 1970.