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Zhuzhou CRRC Times Electric Co Ltd (3898.HK)

3898.HK on Hong Kong Stock

43.90HKD
16 Nov 2018
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Summary

Name Age Since Current Position

Donglin Li

51 2018 Chairman of the Board

Shouyi Yang

55 2018 Vice Chairman of the Board

Hua Zhang

42 2013 Chief Financial Officer, Vice General Manager

Yongneng Tan

48 2010 Chief Administration Officer, Chairman of the Labour Union

Ke'an Liu

47 2016 General Manager, Executive Director

Wu Yan

51 2014 Executive Director, Vice General Manager

Jian Chen

46 2012 Vice General Manager

Jinsong Du

52 2012 Vice General Manager, Party Secretary

Daxi Liu

53 2012 Deputy General Manager

Jie Niu

50 2012 Deputy General Manager

Miaomiao Peng

40 2018 Vice General Manager

Jing Shang

41 2016 Vice General Manager and Chief Engineer

Changqi Yan

50 2016 Vice General Manager

Liu Yu

53 2016 Vice General Manager

Xiangyang Zhang

43 2018 Vice General Manager

Tuong Hock Tang

65 2011 Company Secretary

Xinning Zhang

54 2017 Non-Executive Director

Kam Wing Chan

60 2005 Independent Non-Executive Director

Xiaoming Chen

55 2017 Independent Non-Executive Director

Feng Gao

41 2018 Independent Non-Executive Director

Chunru Liu

47 2008 Independent Non-Executive Director

Ping Wing Pao

71 2005 Independent Non-Executive Director

Biographies

Name Description

Donglin Li

Mr. Li Donglin is Chairman of the Board of the Zhuzhou CSR Times Electric Co., Ltd. Mr. Li is and also the Chairman of the risk management committee and a member of the strategy committee of the Company. Mr. Li is a senior engineer. Mr. Li joined CRRC ZELRI in July 1989 and has held the positions of deputy chief engineer, deputy general manager of the rail transport department, director of the manufacturing centre, deputy general manager of the sales and marketing centre of CRRC ZELRI. Mr. Li served as the chief marketing officer of the Company from September 2005 to December 2007, vice president and Party secretary of the Company from December 2007 to December 2009. Mr. Li has been a director, the general manager and deputy Party secretary of CRRC ZELRI since December 2015, and has been the chairman of the board of directors and the legal representative of Times New Materials since February 2016. Mr. Li graduated from Southwest Jiaotong University with a bachelor’s degree in Electric Traction and Drive Control in 1989. Mr. Li was the general manager of the Company from January 2010 to April 2010. Mr. Li was an executive Director, a member of the strategy committee and the general manager of the Company from April 2010 to January 2016 and the chairman of the board of the directors of Dynex from May 2010 to June 2016. Mr. Li has been the Vice Chairman of the Board, the Chairman of the risk management committee and a member of the strategy committee of the Company since 28 March 2017.

Shouyi Yang

Mr. Yang Shouyi is Vice Chairman of the Board of the company. He is a senior engineer. Mr. Yang joined (CRRC Zhuzhou Institute Co., Ltd.) (“CRRC ZELRI”), the controlling shareholder of the Company, in 1984 and served as the deputy director, the director, the vice chief engineer and the director of the investment planning division at the research and development centre of CRRC ZELRI between January 2001 and December 2004. He was the assistant to the president of the Company from December 2004 to March 2006. He continued to hold various positions in CRRC ZELRI between April 2006 and August 2017, including the assistant to the director, the deputy general manager, the deputy secretary of the Chinese Communist Party (“Party”), the secretary of Party discipline inspection commission, chairman of the labour union, supervisor and the chairman of the supervisory board. Between August 2017 and May 2018, he was the vice chairman of the board of directors and the Party secretary of CRRC ZELRI. Since May 2018, Mr. Yang has been a director, the general manager and the deputy Party secretary of CRRC ZELRI. Mr. Yang graduated from the then Huazhong Institute of Technology (currently known as Huazhong University of Science and Technology) with a bachelor’s degree in Measurement Technology and Automatic Instrumentation in 1984 and from the then Northern Jiaotong University (currently known as Beijing Jiaotong University) with a master’s degree in Railway Traction Electrification and Automation in 1994.

Hua Zhang

Ms. Zhang Hua is Vice General Manager, Chief Financial Officer of ZhuZhou CSR Times Electric Co., Ltd. Ms. Zhang is a director of Zhuzhou Siemens and a supervisor of Baoji Times and Times Signal & Communication. Ms. Zhang is a professorate senior accountant and a Certified Public Accountant of China. Ms. Zhang joined CRRC ZELRI in 1998 and acted as accountant and accounting manager. She served as a director of financial assets department of CRRC ZELRI from January 2005 to November 2007, the chief financial officer of Times New Materials from December 2007 to December 2009 and a vice general manager and the chief financial officer of Times New Materials from January 2010 to May 2013. Ms. Zhang graduated from Xiangtan University in June 1998 with a bachelor’s degree in Economics and graduated from Hunan University with a master’s degree in Professional Accounting in November 2012. Ms. Zhang has been a vice general manager and the chief financial officer of the Company since May 2013.

Yongneng Tan

Mr. Tan Yongneng is the Chief Administration Officer, Chairman of the Labour Union of Zhuzhou CSR Times Electric Co., Ltd. Mr. Tan is the secretary of party discipline inspection commission, the chief administration officer and the chairman of the labour union. Mr. Tan is a director of Qingdao Electric and Lanzhou Times. He joined CRRC ZELRI in July 1990, and has successively held various positions as director of general manager’s office of Times Electronics, director of department of Party and mass affairs and director of Party office of CRRC ZELRI. He was director of department of Party and mass affairs and director of department of auditing of the Company from December 2004 to December 2005, director of department of Party and mass affairs and director of Party office of CRRC ZELRI from December 2005 to December 2007, and director of administration office and director of secretary office of decision-making committee of CRRC ZELRI from January 2008 to January 2010. Mr. Tan graduated from Xiangtan University majoring in Electrical Technology in July 1995. He attended the on-the-job postgraduate programme in Psychology and Human Resources of Peking University in 2000, and obtained a certificate of graduation by completing the full postgraduate programme in July 2002. He attended the on-the-job MBA programme of Business School of Central South University in 2003 and obtained a certificate of graduation by completing the full postgraduate programme in July 2005. Mr. Tan has been the chief administration officer and the chairman of the labour union of the Company from January 2010 to January 2018, and the secretary of party discipline inspection commission, the chief administration officer and the chairman of the labour union of the Company since January 2018.

Ke'an Liu

Mr. Liu Ke'an is General Manager, Executive Director of Zhuzhou CSR Times Electric Co., Ltd. Mr. Liu is the chairman of the board of directors of Dynex. Mr. Liu is a professorate senior engineer. He joined CRRC ZELRI in August 1994 and has held various positions as engineer, the chief engineer, senior engineer and the chief designer of CRRC ZELRI. Mr. Liu has held various positions such as director of the drive technology department of technology centre, director of systems project department of the technology centre, deputy director and director of the technology centre of the Company since September 2005. He was an employee representative supervisor of the Company from December 2007 to January 2010, the chief technology officer of the Company from January 2010 to June 2012 and the vice general manager and the chief engineer of the Company from June 2012 to January 2016. Mr. Liu also served as the general manager of semi-conductor business unit of the Company from January 2014 to February 2016. Mr. Liu graduated from the Department of Electrical Engineering of Tongji University with a bachelor’s degree in Engineering majoring in Industrial Electrical Automation in 1994 and graduated from Zhongnan University of Economics and Law with a master’s degree in Corporate Management in 2008, and graduated from Central South University in December 2015 with a doctor’s degree in transportation and communication engineering. Mr. Liu has served as an executive Director and the general manager of the Company since January 2016.

Wu Yan

Mr. Yan Wu his the Executive Director, Vice General Manager of Zhuzhou CSR Times Electric Co., Ltd. Mr. Yan is an executive director of HK Electric, Times Australia, Times USA, Times Brasil. Mr. Yan is a senior engineer. Mr. Yan graduated from Northwestern Polytechnical University with a bachelor’s degree in Electro-Technology and a master’s degree in Aircraft Navigation and Control in 1992. He jointed CRRC ZELRI in 1992. Mr. Yan has held the positions as director of the technical standards department and the director of the securities and legal affairs department of the Company. Mr. Yan was appointed as the secretary to the Board of the Company in December 2007 and a vice general manager of the Company in June 2012. He has been a non-executive Director of the Company from December 2010 to March 2014. Mr. Yan has served as an executive Director of the Company since March 2014.

Jian Chen

Mr. Chen Jian is Vice General Manager of Zhuzhou CSR Times Electric Co., Ltd. Mr. Chen is an executive director of Beijing CRRC Intelligent Control, Times Signal & Communication and the chairman of the board of directors of SMD. Mr. Chen is a senior engineer. He joined CRRC ZELRI in August 1995 and has held various positions as director of market department of the marketing centre of CRRC ZELRI and the general manager of Zhuzhou Jierui Electronics Engineering Company Limited and deputy general manager of Times Electronics. Mr. Chen has held various positions as the general manager of the marketing centre of the Company and the general manager of Times Electronics since July 2005, and vice chief economist of the Company from January 2009 to December 2009. Mr. Chen was the general manager of Baoji Times from April 2009 to January 2010. He was the chief marketing officer of the Company from January 2010 to June 2012. Mr. Chen graduated from Tongji University with a bachelor’s degree in Electronic Equipment and Metrological Technology in July 1995, and obtained a master’s degree in Business Administration from Central South University in December 2006. Mr. Chen has been a vice general manager of the Company from June 2012 to January 2018 and the vice general manager of CRRC ZELRI since October 2017. in December 2006. Mr. Chen has been a vice general manager of the Company since June 2012.

Jinsong Du

Mr. Du Jinsong is Vice General Manager, Party Secretary of Zhuzhou CSR Times Electric Co., Ltd. Mr. Du is a director of Hangzhou Electric and the chairman of the board of directors of Qingdao Electric. Mr. Du is a senior engineer. He joined CRRC ZELRI in 1989 and has held various positions as group leader, director of the production department, vice director in charge of production, executive vice director and deputy general manager of the manufacturing centre of CRRC ZELRI. He served as deputy general manager of the marketing centre of CRRC ZELRI from March 2002 to March 2004, deputy general manager and secretary of Party general branch of power electronic business unit of CRRC ZELRI from March 2004 to December 2004, deputy general manager and Party branch secretary, executive deputy general manager and Party branch secretary of engineering centre of CRRC ZELRI from December 2004 to August 2006, the general manager and vice secretary of Party general branch of wind power unit of CRRC ZELRI from August 2006 to December 2011. Mr. Du graduated from East China Jiaotong University with a bachelor’s degree in Electric Traction and Drive Control in 1989 and Changsha Railway Institute with a certificate of post graduation in Traffic Information and Control in 1999. He later graduated from Hunan University with a postgraduate certificate in Business Administration in 2001. Mr. Du has been the Party secretary and vice general manager of the Company since January 2012.

Daxi Liu

Mr. Liu Daxi is Vice General Manager of Zhuzhou CSR Times Electric Co., Ltd. Mr. Liu is a director of Shiling. Mr. Liu is a senior engineer. He joined CRRC ZELRI in July 1988. He has worked for the trial production department, the electrical equipment factory and the manufacturing centre of CRRC ZELRI. He has successively held various positions as deputy director and director of the engineering department of electrical equipment factory, deputy director of the electrical equipment factory, deputy director, director and general manager of the manufacturing centre. Mr. Liu served as deputy chief economist of the Company from January 2008 to December 2009 and the chief production officer of the Company from January 2010 to June 2012. He graduated from Beijing Jiaotong University in July 1988 with a bachelor’s degree in Electric Traction and Drive Control, and studied the MBA programme at Business School of Central South University from June 2003 to April 2005. He undertook a programme in leadership in manufacturing technology at the George Washington University in the United States from November 2003 to December 2003 and studied the programme for chief operation officer at Fudan University from September 2006 to March 2007. Mr. Liu has been a vice general manager of the Company since June 2012.

Jie Niu

Mr. Niu Jie is Vice General Manager of Zhuzhou CSR Times Electric Co., Ltd. Mr. Niu is an executive director of Times Equipment, Times Electronics and Ningbo Times and the vice chairman of the board of directors of Baoji Times. Mr. Niu is an engineer. He joined CRRC ZELRI in October 1994 and served as the director of the production department of the PCB plant, the sales director of the production and operation division and the vice general manager of the marketing centre of CRRC ZELRI. He was the deputy general manager of the marketing centre of the Company from September 2005 to December 2006 and the general manager of the locomotives business department of the marketing centre of the Company from January 2007 to December 2008. Mr. Niu was a technician and office director of the loading and unloading machinery plant of Lanzhou Railway Bureau from February 1988 to October 1994. He was deputy chief economist of the Company from January 2010 to June 2012 and was the general manager of the locomotives business department of the Company from January 2009 to May 2013. Mr. Niu graduated from Central South University in June 2003 with an undergraduate certificate of graduation in machinery design, manufacturing and automation. Mr. Niu has been a vice general manager of the Company since June 2012.

Miaomiao Peng

Mr. Peng Miaomiao is Vice General Manager of the company. Mr. Peng is a director of Wenzhou Electric. Mr. Peng is a senior engineer. He joined CRRC ZELRI in July 2001 and has held various positions at the human resources department and the manufacturing centre of CRRC ZELRI. He has been the director of the engineering department, assistant to the director, executive deputy director and director of the manufacturing centre of the Company from July 2005 to February 2016. He was the vice chief economist of the Company and the director of the manufacturing centre from February 2016 to February 2018. Mr. Peng graduated from Nanjing University of Science and Technology with a bachelor’s degree in Electro-Technology in June 2001. Mr. Peng has been a vice general manager of the Company since February 2018.

Jing Shang

Mr. Shang Jing is Vice General Manager and Chief Engineer of the Company. Mr. Shang is a director of Traction Inspection. Mr. Shang is a professorate senior engineer. He joined CRRC ZELRI in July 2003 and has held the position as an engineer at the R&D centre. He served as engineer at the R&D centre, the director and the deputy director of the industrial drive division of the Company from September 2005 to May 2011, and the deputy director and the director of the foundation and platform research and development centre of CRRC ZELRI Research Institute from June 2011 to February 2015, respectively. He was also the vice chief engineer and the director of the foundation and platform research and development centre of CRRC ZELRI Research Institute from February 2015 to January 2016. Mr. Shang graduated with a bachelor’s degree in Mechanical and Electrical Engineering and a master’s degree in Power System and Automation from Southwest Jiaotong University in July 2000 and April 2003 respectively. In December 2016, he graduated from Central South University with a doctor degree in control science and engineering. Mr. Shang has been a vice general manager and chief engineer of the Company since January 2016.

Changqi Yan

Mr. Yan Changqi is Vice General Manager of the Company. Mr. Yan is a director of Shanghai CRRC Rail Transit, Qingdao Electric, Wenzhou Electric, Lanzhou Times and Shiling. Mr. Yan is a senior engineer. He joined CRRC ZELRI in August 1991 and has held various positions as the director of the sales division of the marketing centre of CRRC ZELRI, the deputy director of Foreign Economic Cooperation Office (FECO), a vice general manager of the marketing centre, the chief marketing officer of Times Electronics and the chief marketing officer of the passenger car electric business division. Mr. Yan served as the general manager of the EMU business division of the Company from January 2007 to December 2009, a vice chief economist of the Company from January 2010 to January 2013, the assistant to general manager and the general manager of the EMU business division of the Company from February 2013 to May 2013, and the assistant to general manager and the general manager of the railway business division of the Company from May 2013 to January 2016. Mr. Yan graduated with a bachelor’s degree in Machinery Manufacturing Technology and Equipment from Xi’an Jiaotong University in July 1991. Mr. Yan has been a vice general manager of the Company since January 2016.

Liu Yu

Mr. Yu Liu is Vice General Manager of the Company. Mr. Yu is the chairman to the board of directors of Guangzhou Times and CRRC Wabtec, and an executive director of Shenyang Times and Kumming Times and a director of Hangzhou Electric and Shanghai Shentong CRRC. Mr. Yu is a senior engineer. He joined CRRC ZELRI in June 1999 and has held various positions as the director of the marketing division of the production operations department, the director of the marketing division for urban railway equipment and the vice general manager of the business division for urban railway equipment. He has been the general manager of the business division for urban railway of the Company from September 2005 to December 2009, the vice chief economist and the general manager of the business division for urban railway of the Company from January 2010 to January 2013, the assistant to general manager and the general manager of the business division for urban railway of the Company from February 2013 to February 2016. Mr. Yu graduated with a master’s degree in Software Engineering from Wuhan University in July 2009. Mr. Yu has been a vice general manager of the Company since January 2016.

Xiangyang Zhang

Mr. Zhang Xiangyang is Vice General Manager of the company. Mr. Zhang is a director of Baoji Times. Mr. Zhang is a senior engineer. He joined CRRC ZELRI in August 1998 and has held various positions at the after-sale service department, human resources department, research and development centre and rail transport department of CRRC ZELRI from August 1998 to December 2014. Mr. Zhang has been the director of the human resources department of the Company from December 2004 to July 2009, the deputy general manager and general manager of Baoji Times from April 2009 to May 2013. Mr. Zhang has been the deputy general manager of the railway engineering machinery department of the Company and the general manager of Baoji Times from June 2013 to February 2016. He was the general manager of the railway engineering machinery department of the Company and the general manager of Baoji Times from March 2016 to March 2017. He has been the vice chief economist and the general manager of the railway engineering machinery department of the Company and the general manager of Baoji Times from April 2017 to February 2018. Mr. Zhang graduated from Zhejiang University with a bachelor’s degree in Industrial Electrical Automation in June 1998. Mr. Zhang has been a vice general manager of the Company since February 2018.

Tuong Hock Tang

Mr. Tang Tuong Hock (Gabriel) is a Company Secretary of Zhuzhou CSR Times Electric Co., Ltd., since July 2011. Mr. Tang has been a member of the Institute of Chartered Accountants in England and Wales since 1981 and is also a member of the Chartered Association of Certified Accountants in the United Kingdom. Mr. Tang has more than 20 years of experience in accounting and management in various industries. He was appointed as qualified accountant and joint company secretary of the Company from July 2006 to June 2011. Mr. Tang has served as the joint company secretary and the authorised representative of CRRC since December 2017. Mr. Tang has served as the company secretary and the authorised representative of the Company since July 2011.

Xinning Zhang

Mr. Zhang Xinning is Non-Executive Director of the Company. non-executive Director and a member of the strategy committee of the Company. Mr. Zhang is the chief engineer of CRRC. He has extensive technological expertise and management experience in the industry where CRRC specializes. Mr. Zhang had served as the deputy head of the Equipment Technology Division of the Department of Technology and Education of the Ministry of Railways, the deputy chief engineer, deputy chief engineer and the general manager of the locomotives business department of CSR Group. He also served as the deputy general manager and chief engineer of CRRC Zhuzhou, the chief engineer of CSR Group as well as the chief engineer of CSR. Since June 2015, he has served as the chief engineer of CRRC. Mr. Zhang graduated from the Faculty of Electrical Engineering of the Northern Jiaotong University, majoring in electric traction and transmission control. He has also obtained the postgraduate qualification in system engineering and a master’s degree in engineering from the Northern Jiaotong University. In addition, he obtained the Senior Professional Manager qualification awarded by China Enterprise Confederation and China Enterprise Directors Association. He is a professorate senior engineer and has been selected as a candidate for the Hundred Talents Program at the national level. He is entitled to the special government subsidy from the State Council. Mr. Zhang has been a non-executive Director of the Company since August 2017.

Kam Wing Chan

Mr. Chan Kam Wing (Clement), CPA, is an Independent Non-Executive Director of Zhuzhou CSR Times Electric Co., Ltd. Mr. Chan is also the chairman of the audit committee and a member of the risk management committee of the Company. Mr. Chan is a certified public accountant in Hong Kong, a fellow member of the Hong Kong Institute of Certified Public Accountants (“HKICPA”) and the Institute of Chartered Accountants in England and Wales. Mr. Chan possesses the appropriate financial management expertise as required by the Listing Rules. Mr. Chan has been the managing director of BDO Limited since May 2009. Mr. Chan was the Asian regional director and a board member of Horwath International from 1996 to April 2009, during which Mr. Chan was the managing director of Horwath Hong Kong CPA Limited. Mr. Chan was elected as a council member of the HKICPA from 2007 to 2014, during which he was elected as the vice president of the HKICPA from 2012 to 2013, and was further elected as the president of HKICPA in 2014. In addition, he is actively involved in the work and matters of the technical and industry monitoring committees of the HKICPA. From 2010 to 2013, Mr. Chan was appointed as the chairman of the financial reporting standards committee of the HKICPA and was responsible for the research, editing and promulgation of the Hong Kong Financial Reporting Standards. Mr. Chan has also served as the chairman of the Asian-Oceanian Standard Setters Group in 2014 and 2015 and attended various international conferences on the setting of accounting standards on behalf of Hong Kong. Mr. Chan obtained a bachelor’s degree in Accounting and a master’s degree in Commerce from the United Kingdom and Australia, respectively. Mr. Chan has been an independent non-executive Director of the Company since September 2005.

Xiaoming Chen

Mr. Chen Xiaoming is an Independent Non-Executive Director of the Company. He is also a member of the audit committee and the remuneration committee of the Company. Mr. Chen was a lawyer of Shenzhen Foreign Economic Law Firm from July 1988 to December 1993. Mr. Chen was a partner and lawyer of Guangdong Huaye Law Firm from January 1994 to December 2002. He was a partner and lawyer of Guangdong Shengdian Law Firm from January 2003 to December 2006. He has been a partner and lawyer of Beijing Zhonglun (Shenzhen) Law Firm since January 2007. He is also an arbitrator of Shenzhen Arbitration Commission. Mr. Chen graduated from the Law Department of Southwest University of Political Science & Law with a bachelor’s degree in Laws in July 1985. He graduated from the Law Department of Southwest University of Political Science & Law in July 1988 with a master’s degree in Laws. He has been an independent non-executive director of the Company since March 2017

Feng Gao

Dr. Gao Feng is an Independent Non-Executive Director of the Company. He is a senior engineer. Mr. Gao graduated from the Department of Electrical Engineering of Tsinghua University with a bachelor’s degree and a master’s degree in Engineering in July 2000 and July 2003, respectively. He also obtained a Ph.D. degree in Electrical Engineering from University of Washington in the United States of America in June 2008. Mr. Gao served as a senior researcher at the sustainable energy and electrical grid laboratory at Technical University of Berlin in Germany from January 2008 to April 2010. Between April 2010 and April 2015, he has been a senior researcher, chief scientist in smart energy and the vice chairman of IBM Global Smart Energy Professional Group at IBM China Research Institute. Since April 2015, Mr. Gao has served as the vice president of the Energy Internet Research Institute of Tsinghua University and is responsible for the daily administration. Since June 2015, Mr. Gao Feng has been a director of Beijing Tsingsoft Technology Co., Ltd, a company (stock code: 833852) whose shares are traded on National Equities Exchange and Quotations Co. Ltd. in China.

Chunru Liu

Ms. Liu Chunru is Independent Non-Executive Director of Zhuzhou CSR Times Electric Co,. Ltd. She is an independent non-executive Director and a member of the audit committee, nomination committee and remuneration committee of the Company. Ms. Liu is a certified assets valuer. Ms. Liu was the vice president of Beijing China Enterprise Appraisal Co., Ltd. and the president of Zhongfa International Appraisal Co., Ltd.. She has been the vice chairperson of the board of Beijing Zhuoxindahua Appraisal Co., Ltd. since September 2012. Ms. Liu graduated from Chongqing University with a bachelor’s degree in Engineering in 1994 and graduated from Tsinghua University with a master’s degree in Business Administration in 2008. Ms. Liu was a supervisor of the Company from September 2005 to April 2008. Ms. Liu has been an independent non-executive Director of the Company since June 2008.

Ping Wing Pao

Mr. Pao Ping Wing is Independent Non-Executive Director of Zhuzhou CSR Times Electric Co., Ltd. He an independent non-executive Director and also the chairman of the remuneration committee and a member of the audit committee and the nomination committee of the Company. Since 1987, Mr. Pao has been appointed as the independent non-executive director of various companies listed on the Stock Exchange. Mr. Pao has substantial experiences in corporate governance. Mr. Pao is an independent nonexecutive director of Oriental Press Group Limited, Sing Lee Software (Group) Limited, Maoye International Holdings Limited, Capital Environment Holdings Limited and Soundwill Holdings Limited. Mr. Pao was appointed as a Justice of Peace in 1987. He was also appointed by the Hong Kong government as a member of the Town Planning Board, the Advisory Council on the Environment, the Hong Kong Housing Authority and the Land Development Corporation. Mr. Pao obtained a master’s degree in Science of Human Settlement Planning and Development. Mr. Pao has been an independent non- executive Director of the Company since September 2005.