Management

Directors

Executive Directors

Mr. Wu Tak Lam (胡德林), was appointed as the Chairman of the Board and an executive director of the Company on 13 January 2011. He is also the Chairman of both the Nomination Committee and the Finance and Investment Committee under the Board of the Company. Mr. Wu founded the Group with Ms. Chiu Man in November 2000 and has been primarily responsible for the strategic management, planning and business development of the Group as well as the development and maintenance of relationship with automobile suppliers of the Group. Mr. Wu serves as the chairman of the board and a director of each of the subsidiaries of the Company, and he has also been a director of Sunfonda (Hong Kong) Limited since April 1997. He graduated from Wuhan Institute of Technology (武漢工學院) (currently known as Wuhan University of Technology (武漢理工大學)) in Wuhan, China, majoring in automobile and tractor studies and obtained a bachelor’s degree in engineering in July 1986.

Ms. Chiu Man (赵敏), was appointed as the Chief Executive Officer of the Group and an executive director of the Company on 13 January 2011. She is also a member of the Finance and Investment Committee of the Company. Ms. Chiu founded the Group with Mr. Wu Tak Lam in November 2000 and has been primarily responsible for the overall management and financial control of the Group. Ms. Chiu serves as a director in each of the subsidiaries of the Company and has also been a director of Sunfonda (Hong Kong) Limited (新豐泰(香港)有限公司) since April 1997. Ms. Chiu graduated from Wuhan Institute of Technology (武漢工學院) (currently known as Wuhan University of Technology (武漢理工大學)) in Wuhan, China, majoring in automobile and tractor studies and obtained a bachelor’s degree in engineering in July 1986.

Ms. Chen Wei (陳瑋), aged 48, was appointed as an executive director of the Company on 23 November 2018. Ms. Chen was appointed as the financial controller of the Group since May 2015. Ms.Chen has over 22 years of experience in accounting and financial management. She joined the Group in March 2007, and successively served in the following positions in the subsidiaries of the Company: the finance manager of Shaanxi Sunfonda Automobile Technology Development Co., Ltd. and Shaanxi Kaisheng Automobile Sales Services Co., Ltd. (陝西凱盛汽車銷售服務有限公司) from March 2007 to February 2009; and the finance manager of Shaanxi Sunfonda Automobile Co., Ltd. from March 2009 to April 2015. Ms. Chen graduated from Shaanxi Institute of Finance and Economics (陝西財經學院) (currently known as Xi’an Jiaotong University (西安交通大學)) in June 1996 with an associate degree in accounting.

Mr. Deng Ning (鄧寧), aged 45, was appointed as an executive director of the Company with effect from 9 November 2022. Mr. Deng has over 21 years of experience in automobile brand operation and management and extensive expertise and knowledge. Mr. Deng joined the Group in November 2011 and successively held the following management positions in the subsidiaries of the Company: sales manager of Shaanxi Sunfonda Automobile Co., Ltd. from November 2011 to June 2012; assistant to the general manager of Shaanxi Sunfonda Automobile Co., Ltd. from July 2012 to March 2015; general manager of Weinan Sunfonda Boao Automobile Sales Service Co., Ltd. from April 2015 to October 2017; general manager of Weinan Zongshen Baotai Automobile Sales Service Co., Ltd. from November 2017 to September 2019; and general manager of Xi’an Sunfonda Haibao Automobile Sales and Service Co., Ltd. from October 2019 to November 2022. Mr. Deng has been appointed as the vice president of operations of the Group with effect from 18 November 2022. He is mainly responsible for the management of the operations of the Group. Mr. Deng graduated from Xi’an Institute of Technology (now known as Xi’an Technological University) with a bachelor’s degree in Trade and Economics in July 2000.

Independent Non-executive Directors

Mr. Song Tao (宋濤), .aged 45, was appointed as an independent non-executive director of the Company on 26 May 2017. He is also the Chairman of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee under the Board of the Company. Mr. Song has 21 years of experience in the automobile dealership industry, and currently serves as the Deputy Secretary-general of China Automobile Dealers Association. Mr.Song served as the financial manager of Beijing Parts Branch of FAW Jilin Light Automobile (一汽吉輕北京零部件) in 2001. He served as the Operation Director of Automotive Channel of CCTV International Network (央視國際網絡汽車頻道) in 2004. He acted as the Deputy Director of the Import and Export Working Committee of Automobile and Parts (汽車及零部件進出口工作委員會) of China Automobile Dealers Association in 2006. Mr. Song has been the Executive Deputy Director of the Imported Automobile Working Committee (進口汽車工作委員會) of China Automobile Dealers Association and the Director of the Expert Committee (專家委員會) of China Automobile Dealers Association since 2008. Mr.Song was a director of the Membership Affairs Department in 2008. Mr. Song established the Top 100 Office of China’s Automobile Dealership Groups (中國汽車經銷商集團百強工作辦公室) in 2009 and served as the director; and he has established Dealers Association for various brands such as Benz, Faw-Volkswagen, Porsche, BMW, Audi and Jaguar Land Rover and acted as the vice chairman and secretary-general since 2010. In 2014, Mr. Song established Branch Auto Finance (汽車金融分會) of China Automobile Dealers Association and served as the secretary-general. In 2019, Mr. Song prepared for the establishment of the Branch Motorcycle (摩托車分會) of China Automobile Dealers Association and served as the vice president and secretary-general. Mr. Song is also a member of Chinese Advisory Committee of American Society of Association Executives (ASAE). Mr. Song graduated from Beihua University (北華大學), majoring in accounting computerization.

Dr. Liu Xiaofeng (劉曉峰), aged 61, was appointed as an independent non-executive director of the Company on 26 May 2017. He is also a member of each of the Audit Committee, the Nomination Committee and the Remuneration Committee under the Board of the Company. Dr. Liu has over 28 years of experience in corporate finance and has worked with various international financial institutions since 1993, including NM Rothschild & Sons, NM Rothschild & Sons (Hong Kong) Limited, JP Morgan Chase, DBS Asia Capital Limited and China Resources Capital Holdings Company Limited (華潤金融控股有限公司). Dr. Liu served as an independent non-executive director of each of Haier Electronics Group Co., Ltd. (海爾電器集團有限公司) (stock code: 1169) from June 2007 to June 2014, Hisense Kelon Electrical Holdings Company Limited (海信科龍電器股份有限公司) (currently known as Hisense Home Appliances Group Co., Ltd. (海信家電集團股份有限公司), stock code: 921) from September 2017 to August 2018 and Honghua Group Limited (宏華集團有限公司) (stock code: 196) from January 2008 to November 2021, all of which are listed on the Stock Exchange. In addition, Dr. Liu is currently an independent director of each of Kunlun EnergyCompany Limited (昆侖能源有限公司) (stock code: 135) since April 2004, Cinda International Holdings Limited (信達國際控股有限公司) (stock code: 111) since July 2016 and AAG Energy Holdings Limited (亞美能源控股有限公司) (stock code: 2686) since August 2018, all of which are listed on the Stock Exchange. Dr. Liu is also currently an independent director of UBS Securities Co., Ltd. Dr. Liu obtained a master’s degree and a Ph.D. from the Faculty of Economics, University of Cambridge in England in 1988 and1994 respectively, a master’s degree in development studies from the University of Bath, England, in 1987,and a bachelor of economics degree from Southwest University of Finance and Economics (西南財經大學) (previously known as Sichuan Institute of Finance and Economics (四川財經學院)) in 1983.

Dr. Han Qinchun (韓秦春), aged 65, was appointed as an independent non-executive director of the Company on 18 May 2023. Dr. Han obtained a Bachelor degree in Planning in 1982 from Xi’an University of Architecture and Technology and a Master degree in China Real Estate Finance in 1995 from The University of Hong Kong, and then obtained a Doctorate degree in Urban Economics and Management from The University of Hong Kong in 1998. Dr. Han worked for the government agencies of the Ministry of Chemical Industry and the Ministry of Forestry of the People’s Republic of China from 1982 to 1993. Dr. Han has extensive experience in financial investment and has served the supervisory roles at a number of leading Hong Kong investment banks from 1998 to 2006, including Shun Hing China Investment Limited (Hong Kong), BOCI Securities Limited (Hong Kong), China Everbright Securities (HK) Limited and ABC International Holdings Limited (Hong Kong). He was appointed as vice-chairman and co-chief executive director of Suncity Group Holdings Limited (formerly known as Hong Long Holdings Limited), a company listed on the Stock Exchange (Stock Code: 1383) since March 2006 to February 2010. From 2012 to 2014, Dr. Han acted as a chief executive director of Straits Development Holding Company Limited, where he was responsible for the company’s development strategy, capital market operation, financial management and investment and financing management. Dr. Han was also appointed as a director and distinguished professor of the Real Estate Research Centre at Peking University HSBC Business School from 2011 to 2015. Since 2014, Dr. Han has been acting as the founder and chairman of a Hong Kong fintech company – Hong Kong Private Markets Limited. Dr. Han has extensive experience in investment, financial management and management of listed companies. Dr. Han has served as an independent non-executive director of a number of companies listed on the Stock Exchange. He is an independent non-executive director of Xinda Investment Holdings Limited (Stock Code: 1281) since April 2015 and an independent non-executive director of Guangdong - Hong Kong Greater Bay Area Holdings Limited (Stock Code: 1396) since June 2022. Dr. Han was an independent non-executive director of Lingbao Gold Group Company Ltd. (Stock Code: 3330) from March 2012 to May 2021.

Senior Management

Ms. Chiu Man (趙敏)was appointed as the chief executive officer of the Group on 13 January 2011. See “DIRECTORS – Executive Directors” of this section for profile of Ms. Chiu Man.

Mr. Deng Ning (鄧寧)has been appointed as the vice president of operations of the Group with effect from 18 November 2022. He is mainly responsible for the management of the operations of the Group. See “DIRECTORS – Executive Directors” of this section for profile of Mr. Deng Ning.

Mr. Gou Xinfeng (苟新峰), aged 49, has over 24 years of experience in the operation and management of automobile brands. Mr. Gou joined the Group in July 2002, and was responsible for the management of various major brands under the Group. Mr. Gou successively served the following positions in the subsidiaries of the Company: the sales deputy manager of Shaanxi Sunfonda Automobile Co., Ltd. (陕西新丰泰汽车有限责任公司) from July 2002 to February 2006 and the sales director of Xi’an Xinmingyang Toyota Automobile Sales Services Co., Ltd. (西安新铭洋丰田汽车销售服务有限公司) from March 2006 to March 2009. Mr. Gou served as the general manager of Shaanxi Sunfonda Automobile Technology Development Co., Ltd. (陕西新丰泰汽车技术开发有限责任公司) from April 2009 to September 2014, during which the store and the team were awarded a number of honors from Volkswagen Group under his leadership, including World Diamond Dealers 2014 (2014年度全球钻石经销商), Five-starred Management Team Award 2014 (2014年度五星级管理团队奖) and Sales Excellence Award 2014 (2014年度卓越销售奖). From October 2014 to July 2017, he served as the general manager of Shaanxi Sunfonda Boao Automobile Co., Ltd. (陕西新丰泰博奥汽车有限责任公司). He has been the general manager of Shaanxi Sunfonda Automobile Co., Ltd. since November 2020. Mr. Gou served as the vice president of operations of the Group from August 2017 to November 2020 and he served as an executive director of the Company from 9 November 2016 to 8 November 2022. Mr. Gou has been a director of Grand Forever Enterprises Limited since July 2018. Mr. Gou graduated from Wuhan Automotive Industry University (武汉汽车工业大学) (currently known as Wuhan University of Technology) and obtained a bachelor’s degree in automotive applied engineering in July 1998.