Chairman, Executive Director and Chief Executive Officer
Independent Non-executive Director
Independent Non-executive Director
Was appointed as an executive Director of the Company on 8 July 2014. He was appointed as the chairman of the Board, chief executive officer, the chairman of the nomination committee and a member of the remuneration committee of the Board with effect from 15 January 2016. He has extensive experience in construction planning, design, business soliciting, management and real estate development. Mr. Xin obtained his Bachelor’s degree in Metal Material Engineering from Southeast University. Mr. Xin joined the Company on 13 January 2014 as an executive vice president. In October 2000, Mr. Xin joined JeShing Group* ( 金盛集團 ) and has since then served as deputy general manager, general manager, president assistant, group vice president and the general manager of Nanjing region successively. From July 1996 to October 2000, Mr. Xin served as the Head of Group office in Nanjing Twenty First Century Group* ( 南京二十一世紀集團 ), taking charge of manpower management, marketing planning and administrative affairs of the Group. From January 1994 to July 1996, Mr. Xin joined a Taiwanese - invested company in Shenzhen and served as a salesman, the Head of Shenzhen Office, the manager of Northwest Branch office and a sales manager successively, engaging in the sales of timepieces. From September 1992 to January 1994, Mr. Xin served as a technician of a machinery plant of Shandong Lai Steel Co., Ltd.* ( 山東萊鋼股份有限公司 ). Mr. Xin is currently a director of Nanjing Qihao Investment Management Consulting Co., Ltd.* ( 南京企豪投資管理諮詢有限公司 ) (“Nanjing Qihao”) and Yangzhou Baolin Furniture and Decoration Port Co., Ltd.* ( 揚州寶林家具裝飾港有限公司 ) (“Yangzhou Baolin”). Nanjing Qihao is an indirect wholly owned subsidiary of JeShing Real Estate Group Company Limited* ( 金盛置業投資集團有限公司 ) of which Mr. Wang Hua, a substantial shareholder of the Company, is a controlling shareholder. Yangzhou Baolin is an indirect wholly owned subsidiary of Jinsheng International Group (Holdings) Limited of which Mr. Wang Hua is the sole shareholder. Accordingly, Nanjing Qihao and Yangzhou Baolin are both associates of Mr. Wang Hua and connected persons of the Company.
Was re-designated as non-executive director of the Company and resigned as the chairman of the Board, chief executive, the chairman of the nomination committee and a member of the remuneration committee of the Board on 15 January 2016. Mr. Ma has extensive experience in large, diversified enterprises in management, corporate strategic planning and brand marketing roles. Mr. Ma graduated from Nanjing University with a bachelor ’ s degree in law, and obtained from Cheung Kong Graduate School of Business an Executive Master of Business Administration degree. Mr. Ma has been a director and the vice president of the JeShing Group* （金盛集團） since October 2000. From January 1980 to October 1984, Mr. Ma served as an inspector at Jiangsu Import and Export Commodity Inspection Bureau. Thereafter, until September 2000, Mr. Ma served as a reporter, deputy director of the editorial office and a deputy director of city channel at Jiangsu Broad-casting Corporation respectively. Mr. Ma is also a director of Fine Bliss Limited and Good Moral Enterprises Limited which are the substantial shareholders of the Company as defined under the Listing Rules and the persons who have an interest or short position in the shares and underlying shares of the Company which would fall to be disclosed to the Company under the provisions of Divisions 2 and 3 of Part XV of the SFO.
Was appointed as an executive Director of the Company on 8 July 2014. He has extensive experience in construction planning, design, real estate and commercial properties. Mr. Li obtained his Master’ s degree in Architecture from Xi ’ an Institute of Metallurgy and Construction Engineering (now renamed as Xi ’ an University of Architecture and Technology). In addition, Mr. Li obtained his certificate of completion from Ontario Real Estate College （安大略省房地產學院） in Canada. Since 1985, Mr. Li has been engaging in architecture teaching, architecture study and design work. Since 2002, Mr. Li successively joined Homelife (Canada) and RE/MAX (Canada), offering consultancy services on residential and commercial property investments. Mr. Li joined the Company in early 2009 as the chief design officer. Since 2011, Mr. Li has served as the chairman of Changsha Yutian Outlets Business Administration Co., Ltd.* （長沙裕田奧特萊斯企業管理有限公司） and a director of Richly Field (Beijing) Investment Consulting Co., Ltd* （裕田幸福城 （北京） 投資 管理有限公司） , both are the wholly owned subsidiaries of the Company.
Mr. Chen have been appointed as Non-executive Director of the Company with effect from 17 December 2013.
Mr. Chen, has extensive experience in aspects related to project planning and construction management. Mr. Chen graduated from Jinling Vocational University (金陵職業大學) studying in decoration and construction management.
Mr. Chen has been engaging in construction management since 1996 and has been Chairman of Nanjing First Construction Engineering Group Company Limited (南京第一建築工程集團有限公司) since 2008.
Has been appointed as Independent Non-executive Director of the Company with effect from 12 February 2014.
Mr. Chau has over 20 years of experience in corporate finance and working on projects ranging from initial public offering transactions and enterprise restructuring to cross border and domestic merger and acquisitions. Mr. Chau was formerly a partner of one of the big four accounting firms in Hong Kong, holding the position as their Head of Merger and Acquisition and Corporate Advisory. Mr. Chau is a fellow member of the Hong Kong Securities Institute and a member of the Institute of Chartered Accountants of England and Wales (“ICAEW”). Mr. Chau was granted the Corporate Finance Qualification by ICAEW and Hong Kong Institute of Certified Public Accountants (“HKICPA”). Mr. Chau is an ex-committee member of the Disciplinary Panel of HKICPA.
Mr. Chau is currently an independent non-executive director of Up Energy Development Group Limited (stock code: 307), Varitronix International Limited (stock code: 710), Lee & Man Paper Manufacturing Limited (Stock Code: 2314), Man Wah Holdings Limited (stock code: 1999) and Evergrande Real Estate Group Limited (stock code: 3333).
Has been appointed as Independent Non-executive Director of the Company with effect from 21 November 2013. Ms. Hsu has over 20 years’ experience in accounting and has served as Chairman of the Audit Committee since 28 January 2014.
Ms. Hsu graduated from The Chinese University of Hong Kong with a bachelor degree in business administration.
Ms. Hsu had been working with Ernst & Young for 18 years and was a partner of Ernst & Young before she retired from the firm in February 2011. Ms. Hsu is a fellow member of the Hong Kong Institute of Certified Public Accountants and a member of the American Institute of Certified Public Accountants. Ms. Hsu is currently an independent non-executive director of Perfect Shape (PRC) Holdings Limited (stock code: 1830), China Forestry Holdings Co. Ltd. (stock code: 930) and Branding China Group Limited (stock code: 8219). Ms. Hsu is also an independent director of SGOCO Group, Ltd. (stock code: SGOC), the shares of which are listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) Stock Market.
Has been appointed as Independent Non-executive Director of the Company with effect from 1 April 2014.
Graduated from Tianjin Polytechnic University (formerly known as Tianjin Institute of Textile Science and Technology) with a bachelor’s degree in mechanical manufacturing technology and equipment. In addition, Mr. Xu completed a course of management science and engineering for postgraduate research students in Nanjing University. Mr. Xu is currently studying an Executive Master of Business Administration programme at Fudan University.
Mr. Xu had served as General Manager of Nanjing Yuexing International Home Square Limited (南京月星國際家居廣場有限公司) and General Manager of the Furniture Centre at Nanjing Golden Eagle International Shopping Centre Group Limited (南京金鷹國際購物集團有限公司傢俱中心), and Chairman of Nanjing Meitu Furniture Company Limited (南京美圖傢俱有限公司). Currently, Mr. Xu is Vice President of the Association of Home Decoration of the China Federation of Industry and Commerce (全國工商聯家居裝飾業商會), Vice Chairman of the Market Committee of China Furniture Association (中國傢俱協會市場委員會), Honorary President of Guangdong Furniture Chamber of Commerce* (廣東省傢俱商會榮譽會長), Chairman of Xiamen Meitu Mei Network Technology Company Limited (廈門美圖美網絡科技有限公司) and Vice President of the Xiyingmen Group (喜盈門集團).
The Board is responsible for the leadership and control of the Company and oversees the Company’s businesses, investment and strategic decisions and performance. In addition, the Board has also delegated various responsibilities to the board committees.
The chairman of the Company takes the lead in formulating overall strategies and policies of the Company; ensures the effective performance by the Board of its functions, including compliance with good corporate governance practices and encourages and facilitates active contribution of directors in Board activities. He also ensures that all directors are properly briefed on issues arising at Board meetings and have received adequate, complete and reliable information in a timely manner with the assistance of the company secretary.
The executive Director is responsible for running the Company and executing the strategies adopted by the Board. They lead the Company’s management team in accordance with the directions set by the Board and are responsible for ensuring that proper internal control system is in place and the Company’s business conforms to applicable laws and regulations.
The non-executive Director and the independent non-executive Directors serve the important function of ensuring and monitoring an effective corporate governance framework. Their participation provides adequate checks and balances to safeguard the interests of the Company and its shareholders as a whole. The Board currently consists of three independent non-executive Directors and two of them has appropriate professional qualifications or accounting or related financial management expertise. The Company has received from each of the independent non-executive Directors a confirmation of independence for the Year pursuant to Rule 3.13 of the Listing Rules.
Li Yi Feng
Hsu Wai Man Helen
Chau Shing Yim David
The Company has established an audit committee (the “Audit Committee”) with written terms of reference in compliance with the Listing Rules. The Audit Committee is mainly responsible for overseeing the Company’s financial reporting system and internal control procedures; making recommendations to the Board in the appointment and removal of the external auditors and to approve the remuneration and terms of engagement of the external auditors, and any questions of resignation or dismissal of such auditors; and reviewing the interim and annual reports and accounts of the Company. Currently, the Audit Committee comprises three independent non-executive Directors, namely, Ms. Hsu Wai Man Helen (Chairman), Mr. Chau Shing Yim David, Mr. Xu Jinghong.
The Company has established a remuneration committee (the “Remuneration Committee”) with written terms of reference in compliance with the Listing Rules. The Remuneration Committee is mainly responsible for making recommendations to the Board on the Company’s remuneration policy for directors and senior management, and overseeing the remuneration packages of the executive directors, and senior management. Currently, the Remuneration Committee comprises one executive Director, Mr. Xin Songtao, and three independent non-executive Directors, namely, Ms. Hsu Wai Man Helen (Chairman), Mr. Chau Shing Yim David and Mr. Xu Jinghong.
The Company has established a nomination committee (the“Nomination Committee”) with written terms of reference in compliance with the Listing Rules. The Nomination Committee is mainly responsible for reviewing the structure, size and composition (including the skills, knowledge and experience) of the Board, making recommendations on any proposed changes to the Board to complement the Company’s corporate strategy, identifying individuals suitably qualified to become member of the Board and making recommendations to the Board on the selection of individuals nominated for directorships, assessing the independence of independent non-executive directors, and making recommendations to the Board on the appointment or re-appointment of directors and succession planning for directors. Currently, the Nomination Committee comprises one executive Director, Mr. Xin Songtao (Chairman), and three independent non-executive Directors, namely, Ms. HSU Wai Man Helen, Mr. Chau Shing Yim David and Mr. Xu Jinghong.
Listed Date 05 Jan 1993
Suite 506, ICBC Tower,
3 Garden Road, Central,
Telephone (852) 3628-7338
Facsimile (852) 3186-2328