COMPANY INFORMATION

Listed Date 20 Jan 2003

Address Units 314–315, Wing On Plaza, 62 Mody Road, Tsim Sha Tsui East, Kowloon, Hong Kong

Telephone (852) 2882-1195

Facsimile (852) 2882-1196

Email 1195@kingwellgroup.com.hk

  • Hang Seng Index
  • 21,612.39

  • -226.15 (-1.04%)
HSCI 9,750.7 -112.9
HKSPLC25 26,557.4 -278.3
HKSPGEM 466.5 10.8
HSCEI 9,750.7 -112.9
HSCCI 4,057.8 32.2
HSFML25 7,852.8 -119.1
H-FIN 15,112.8 -300.6

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2014 (AR)
2014 (IR)
2013 (AR)
2013 (IR)

Business Summary:

Electronic Business

The Group is principally engaged in the electronic business. Its product has a broad range of applications in items such as consumer digital devices, automotive and medical devices.

Unfavourable market condition in the global economy continued to pose various challenges to the electronic industry. Both the Group’s orders and average selling prices were under pressure and amid intense market competition.

Rigid printed circuit boards (“RPCBs”) continued to remain as the Group’s core business. Being one of the largest producers in Fujian and leveraging on its strong client base, the Group continued to receive stable orders from existing clients and maintained its market share in the region. However, owing to the uncertain market conditions, average selling prices have not yet rebounded to previous levels.

Property Development Business

The residential development project “Anlu Taihe Paradise” at Liang Ji Bei Road, Anlu Economic Development District in Anlu city, Hubei province in the PRC is wholly owned by the Group and is having positive contribution to the Group. The project comprises three phases, with a total gross floor area of approximately 272,568 square meters. The project marked the successful entry by the Group into the property development business and provided strong support in achieving the strategy of business diversification and generating new sources of income in order to improve the Group results.

Gold Mining Business

The Company acquired 51% equity interest in a gold mining company in Russian Federation and completed the acquisition on 15 August 2012. The gold mining company is a company established under the laws of Russian Federation with limited liability and currently operates and owns the legal and beneficial interest in a mining project related to the gold mine. With an aggregate mining area of about 309.3 square kilometers, the mine is operated by the gold mining company and located in Molchan river, Zeyskiy region, Amur area, the Russian Federation. The mine is estimated to have sand gold reserve of (C1 category) 35 tonnes. The gold mining company is in process of devising its production and exploitation plan.


Mr. Hui Lung Hing - Chairman and Executive Director

Mr. Hui Lung Hing holds a bachelor’s degree in Philosophy from the Huazhong Normal University. Mr. Hui is a businessman in Hong Kong and the PRC and has more than 31 years experience in corporate management, sale and development of properties and investments. Mr. Hui was appointed as an Executive Director on 2 July 2010 and is currently the chairman of Truroll Investment Limited, a private company engaged in diversified business. Mr. Hui is a director and the former controlling shareholder of Stephigh Group Limited, and a director of Rise Win Group Limited and Rising Ray China Group Limited, all of which are wholly owned subsidiaries of the Company.

Mr. Yang Xue Jun - Executive Director and Chief Executive Officer

Mr. Yang Xue Jun holds a bachelor’s degree in Marine Meteorology from the Ocean University of China and is a postgraduate student of Financial Management of the La Trobe University of Australia. Mr. Yang, with over 21 years experience in marketing and promotion and strategic planning, had held various senior executive positions with firms in the PRC. Mr. Yang was appointed as an Executive Director on 2 July 2010 and was a consultant of the Company prior to joining the Group.

Mr. Sze Ming Yee - Executive Director

Mr. Sze Ming Yee has more than 16 years experience in property development and investment and is currently engaged in property development primarily in the PRC and primarily in Wenzhou. He also invests in securities in the PRC. He is a postgraduate student of Zhejiang University. Mr. Sze joined the Group on 15 January 2010 and is a director of Union Day Group Limited, the substantial shareholder of the Company.

Mr. Cheung Chuen - Independent Non-executive Director

Mr. Cheung Chuen is a certified public accountant practicing in the United States of America and Hong Kong. Mr. Cheung graduated from Hong Kong Shue Yan University in 1999 with majoring in accounting and obtained a master degree in professional accounting from the Hong Kong Polytechnic University in 2004. He is a member of the American Institute of Certified Public Accountants and an associate member of the Hong Kong Institute of Certified Public Accountants. Mr. Cheung has over the years gained extensive experience in accounting and auditing. He has been appointed as an Independent Non-executive Director of the Company since September 2004. Mr. Cheung currently is an executive director and independent non-executive director of China High Precision Automation Group Limited and Anxin-China Holdings Limited, respectively which both are listed companies in Hong Kong.

Mr. Ling Aiwen - Independent Non-executive Director

Mr. Ling Aiwen as an Independent Non-Executive Director. Mr. Ling is the executive director and A-share sponsor representative of the Jiuzhou Securities Company since March 2015. He was the executive director of the Goldman Sachs (Asia) & Goldman Sachs Gaohua Securities Company from 2011 to 2014. Mr. Ling has working experience in various securities firms in PRC, and has over 14 years of experience in the investment banking field. Mr. Ling graduated from the University of Science and Technology of China with Dual Bachelors’ Degree in Management Science & Engineering, and in Computer Science. Mr. Ling also holds a Master’s degree in Management Science from the Peking University.

Mr. Han Hongwei - Independent Non-executive Director

Mr. Han Hongwei as an Independent Non-Executive Director. Mr. Han is the Chairman of the Bei Jing Yin He Xing Ye Asset Management Limited since 2009. He was the Chairman of Kai Feng Yin He Dong Jing Zhi Ye Limited from 2011 to 2014. He was the Chairman of Kai Feng Yin He Ri Hua Limited from 2010 to 2014. He was the Chairman of He Nan Mao Dun Ri Hua Limited from 2005 to 2012. Mr. Han has working experience in various private sector in PRC, and has over 20 years of experience in the investment and management field.

Mr. Poon Yan Wai - Company Secretary and Authorised Representative

Mr. Poon Yan Wai is a Fellow Member of The Hong Kong Institute of Certified Public Accountants. He also holds a Bachelor’s degree in Accountancy and Master’s degree in Corporate Finance from the Hong Kong Polytechnic University.

Audit Committee

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Corporate Governance Committee

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Nomination Committee

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Remuneration Committee

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Memorandum and Articles of Association

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List of Directors and Their Role and Function

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Procedures for Shareholders to Propose a Person for Election as a Director

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