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Sorl Auto Parts Inc (SORL.OQ)

SORL.OQ on NASDAQ Stock Exchange Global Market

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14 Dec 2017
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Summary

Name Age Since Current Position

Xiao Ping Zhang

53 2004 Chairman of the Board, Chief Executive Officer

Zong Yun Zhou

61 Chief Financial Officer

Jin Rui Yu

40 2012 Chief Operating Officer

Shuping Chi

54 2014 Executive Director

Xiao Feng Zhang

48 2010 Director

Jiang Hua Feng

50 2004 Independent Director

Yi Guang Huo

72 2004 Independent Director

Zhi Zhong Wang

70 2004 Independent Director

Li Min Zhang

59 2004 Independent Director

Chen Ben

VP Finance & Corporate Secretary

Biographies

Name Description

Xiao Ping Zhang

Mr. Xiao Ping Zhang is Chairman of the Board, Chief Executive Officer of Sorl Auto Parts, Inc. He founded the Ruili Group, a company specializing in a variety of automotive parts and components, in 1987, and has been serving as chairman of Ruili Group since then. In 2010, he was elected as the President of Zhejiang Province Auto Parts Association. In 2012, he was re-elected the President of Wenzhou Auto Parts Association. He is now still serving as Vice-President of China Federation of Industry and Commerce Auto & Motorbike Parts Chamber of Commerce. Mr. Zhang is also a member of the People's Political Consultative Conference of Zhejiang Province. Mr. Zhang graduated from Zhejiang Radio and TV University in 1986 with a major in Industrial Management. Mr. Zhang was selected to serve as a director because he is the Chief Executive Officer of the Company, and his experience and knowledge regarding our Company and our industry are believed to provide significant value to the Board of Directors.

Zong Yun Zhou

Ms. Zong Yun Zhou is Chief Financial Officer of Sorl Auto Parts, Inc. Between April 2002 and May 2004, Ms. Zhou served as the Financial Controller of Shanghai Huhao Auto Parts Manufacturing Company Limited, a joint venture between Ruili Group and Shanghai Automotive Industry Corporation. From January 1996 until April 2002, Ms. Zhou worked for the Auditing Department of Anhui Province, China, in charge of auditing state-owned companies in Anhui Province. Ms. Zhou is a Chinese Certified Public Accountant, and a member of the Institute of Internal Auditors (IIA). Ms. Zhou completed her undergraduate studies at Anhui University.

Jin Rui Yu

Ms. Jin Rui Yu is Chief Operating Officer of Sorl Auto Parts, Inc. Since march 2012. Ms. Yu has more than 15 years of experience in the auto parts industry. Ms. Yu has served as the Company’s Production and Export Vice President since August 2009. From 2004 to 2009, Ms. Yu served as the Company’s Export Department Manager. From 1999 to 2004, Ms. Yu served as the international sales manager of Ruili Group Co., Ltd., which specializes in manufacturing auto parts, and from 1997 to 1999, she worked in the market sales department of Ruili Group Co., Ltd. Ms Yu received her Bachelor of English from Zhejiang University of Technology in 2006.

Shuping Chi

Ms. Shuping Chi is Executive Director of the Company. Ms. Chi has more than 30 years of experience in the auto parts industry. She is a shareholder of SORL Auto Parts Inc., holding 5.9% of the total shares outstanding. Ms. Chi is also one of the founders of Ruili Group Co., Ltd. and she is the wife of Mr. Xiaoping Zhang, Chairman of Board of the Company. Ms. Chi has served as Vice Chairman of the Board of Ruili Group Co., Ltd. since July 1979. We believe Ms. Chi’s experience in the auto parts industry qualify her to serve on our Board of Directors.

Xiao Feng Zhang

Mr. Xiao Feng Zhang is Director of Sorl Auto Parts, Inc. He served as Chief Operating Officer from 2004 to January 14, 2010. Mr. Zhang co-founded the Ruili Group with his brother, Mr. Xiao Ping Zhang, in 1987, and served as the General Manager of Ruili Group until March 2004. Mr. Zhang received his diploma in economics from Shanghai Fudan University in 1994. We believe Mr. Zhang’s qualifications to serve on our Board of Directors include his expertise in business and corporate strategy and his knowledge regarding our Company and our industry.

Jiang Hua Feng

Mr. Jiang Hua Feng serves as Independent Director of Sorl Auto Parts Inc. Since 1988. Mr. Feng is the chairman of the Nominating and Corporate Governance Committee. Since 1988, Mr. Feng has also been the principal lawyer at Yuhai Law Firm in Ruian, Zhejiang Province. Mr. Feng is a member of the China Lawyers Association. He is also a member of the standing committee of the People’s Congress in Zhejiang Province of China. Mr. Feng received his bachelor’s degree in law from East China University of Politics and Law. We believe that Mr. Feng’s extensive legal experiences, as well as knowledge of our Company and our industry are valuable resources for the Board of Directors.

Yi Guang Huo

Mr. Yi Guang Huo serves as Independent Director of Sorl Auto Parts, Inc. Mr. Huo is serving as a member of the Audit Committee and chairman of the Compensation Committee since August 2004. Mr. Huo has been engaged in scientific and technological work and has been responsible for various national key research projects, such as designing and conducting experiments for automotive products, drafting ministry standards and econo-technological policies. He has been awarded ministry-level First Prize for Technology Innovation. Mr. Huo is an Honorary President of the China Federation of Industry and Commerce Auto & Motorbike Parts Chamber of Commerce, a board member and visiting professor of Wuhan University of Technology, and secretary of Society of Auto Engineering – China. Between 1995 and 1996, Mr. Huo conducted academic research as a visiting researcher at Tokyo University Economics Department. During 1987 and 1988, he studied Scientific Research and Management with Japan Automobile Research Institute as well as Japanese automobile companies including Nissan, Hino, Isuzu and Mitsubishi. Mr. Huo earned his B.S. degree from Jilin University Automobile Department in 1965. We believe that Mr. Huo’s extensive experience practicing and teaching in the Wuhan University of Technology and his knowledge of our Company and our industry will bring valuable resources to the Board of Directors.

Zhi Zhong Wang

Mr. Zhi Zhong Wang serves as of Independent Director of Sorl Auto Parts, Inc. Since 1980, as well as a member of the Audit and the Compensation Committees since August 2004. Mr. Wang is also a member of the Nominating and Corporate Governance Committee. Since 1980, Mr. Wang has been an instructor and professor at Beijing Jiaotong University (formerly Northern Jiaotong University), Department of Electrical Engineering. Before 1980, he was an electrical engineer with Science and Technology Institute of the Qiqihaer Railway Administration, Heilongjiang, China. Mr. Wang has led over twenty research projects such as novel pneumatic generator and streamer discharging, and corona power supply for desulphurization. His numerous publications include Research on the Novel AC Voltage Stabilized Power Supply in Power Electronics. Mr. Wang received his bachelor degree in electrical engineering from Northern Jiaotong University in 1968. We believe that Mr. Wang’s extensive experience practicing and teaching in the Department of Electrical Engineering, and his knowledge of our Company and our industry will bring valuable resources to the Board of Directors.

Li Min Zhang

Dr. Li Min Zhang serves as Independent Director of Sorl Auto Parts, Inc. since August 2004. Dr. Zhang chairs the Audit Committee of our Board and is recognized by the Board as its Audit Committee financial expert. Dr. Zhang is also a member of the Nominating and Corporate Governance Committee. Dr. Zhang is currently a professor at Beijing Jiaotong University School of Management and Economics in Beijing, China, supervising Ph.D. candidates in accounting. From 1999 to 2008, Dr. Zhang was a professor at Sun Yat-Sen University Management School in Guangdong, China, supervising Ph.D. candidates in accounting. During 1994 and 1995, Dr. Zhang conducted academic research at the University of Illinois at Urbana-Champaign, and practiced at Mok & Chang CPAs in USA. In 1986, he conducted academic research at the Office of Auditor General of Canada. Dr. Zhang currently also serves as vice chairman of China Audit Society, and secretary of China Association of Chief Financial Officers. He is a member of American Accounting Association. Dr. Zhang is involved with the China CPA Society Auditing Principles Task Force and China Audit Society Training Committee. Dr. Zhang earned his Ph.D. in Economics in January 1991. We believe Dr. Zhang’s qualifications to serve on our Board of Directors include his extensive experience practicing and teaching accounting, and his knowledge of our Company and our industry.

Chen Ben

Basic Compensation