Kingwell Group Limited

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02 Feb 2015
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COMPANY PROFILE
BOARD OF DIRECTORS
CORP. GOVERNANCE

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. Xiang Song
Executive Director and Chief Executive Officer
Mr. Sze Ming Yee
Executive Director
Mr. Lin Wan Xin
Executive Director
Ms. Xu Yue Yue
Executive Director
Mr. Yang Xue Jun
Executive Director
Mr. Huang Jian Zi
Independent Non-executive Director
Mr. Cheung Chuen
Independent Non-executive Director
Ms. Wong Lai Wing
Independent Non-executive Director
Mr. Poon Yan Wai
Company Secretary and Authorised Representative

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. Xiang Song - Executive Director and Chief Executive Officer

Mr. Xiang Song graduated with a bachelor’s degree in mechanical engineering from the University of Science and Technology of Beijing (北京科技大學) in 1993. Prior to joining the Group in July 1998, Mr. Xiang had gained substantial management experience when he served as the plant general manager and engineer of Guangzhou Printronics Circuit Corp. (廣州普林電路公司). He has more than 16 years of management experience in the PCB industry. Mr. Xiang was appointed as an Executive Director in September 2000 and he is principally responsible for the supervision of the Group’s technology, production and quality control.

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. Lin Wan Xin - Executive Director

Mr. Lin Wan Xin is also a director of Fujian Fuqiang Delicate Circuit Plate Co., Ltd., a subsidiary of the Company. He graduated from Fujian Normal University (福建師範大學) and has gained extensive administration experience as the production director, administration director and vice-president of the general administration department of Fujian Normal University (福建師範大學). Mr. Lin is currently a member of the 11th and 12th Political Consultative Standing Committee of Fuqing City in Fujian Province and a council member of the Printed Circuit Industry Association respectively. He joined the Group in March 1998 and was one of the founding members. On 28 October 2008, he has been appointed as the Chairman of the Company but resigned the post on 15 January 2010.

Ms. Xu Yue Yue - Executive Director

Ms. Xu Yue Yue has over 7 years experience in the electronics industry (mainly manufacture of central processing units of computers), and is the chief executive officer of a central processing unit manufacturing company in Shenzhen, PRC. Ms. Xu graduated from the Economics and Management Cadre College, Hubei Province (湖北省經濟管理幹部學院). Ms. Xu is a director of Union Day Group Limited, the substantial shareholder of the Company.

Mr. Yang Xue Jun - Executive Director

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. Huang Jian Zi - Independent Non-executive Director

Mr. Huang Jian Zi is the lecturer of Life Science College of Shenzhen University (深圳大學生命科學學院) since 2008. Mr. Huang obtained a doctorate degree in Botany and a bachelor’s degree in Biochemistry from the Sun Yat-Sen University in 2007 and 2002 respectively. Mr. Huang was appointed as an Independent Non-executive Director on 7 December 2010.

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.

Ms. Wong Lai Wing - Independent Non-executive Director

Ms. Wong Lai Wing is the deputy general manager of China Tonghe Economic Development Corporation since 2004. She was the general manager of Sunnry Oceania Pty. Ltd., Australia from 1999 to 2004. She was the deputy general manager in Hong Kong Jinmaoshiye Company Ltd. (香港金茂實業公司), from 1993 to 1999, responsible for domestic trading business. She worked as the deputy general manager of Beijing Xingmao Enterprises Corporation (北京興茂實業公司) from 1987 to 1990. Ms. Wong also worked as an assistant researcher for China National People’s Congress from 1985 to 1986. Ms. Wong has working experience in both the government and the private sector within PRC and abroad, and is very experienced in business management. Ms. Wong graduated from the English Faculty of Wuhan Jianghan University in 1981, and gained a MA degree of International Relations from the Monash University in Australia in 1992. Ms. Wong was appointed as an Independent Non-executive Director on 15 January 2010.

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

Terms of Reference

Corporate Governance Committee

Terms of Reference

Nomination Committee

Terms of Reference

Remuneration Committee

Terms of Reference

Memorandum and Articles of Association

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List of Directors and Their Role and Function

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