Management

Directors

Executive Directors

Mr. Wu Tak Lam (胡德林),aged 63, 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. Prior to the establishment of the Group, Mr. Wu worked at China National Automotive Industry Sales Corp. (中國汽車工業銷售總公司) from July 1986 to December 1992. From August 1993 to March 1997, Mr. Wu was the managing director of Sunfonda Limited (新豐泰有限公司), which conducted import and export trade business and was dissolved in September 2002. 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. He is also the sole shareholder and director of Golden Speed Enterprises Limited (“Golden Speed”, a controlling shareholder of the Company), a director of Top Wheel Limited (“Top Wheel”, a controlled corporation of Golden Speed and a controlling shareholder of the Company), and the husband of Ms. Chiu Man (the Chief Executive Officer of the Group, an executive director and a controlling shareholder of the Company).

Ms. Chiu Man (赵敏), aged 61, 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 Nomination Committee (appointed on 26 March 2025) and the Finance and Investment Committee under the Board 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. She is also the sole shareholder and director of Win Force Enterprises Limited (“Win Force”, a controlling shareholder of the Company), a director of Top Wheel (a controlled corporation of Win Force and a controlling shareholder of the Company), and the wife of Mr. Wu Tak Lam (the Chairman of the Board, an executive director and a controlling shareholder of the Company).

Ms. Chen Wei (陳瑋),aged 50, 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 25 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 47, was appointed as an executive director of the Company on 9 November 2022. Mr. Deng has over 24 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. (陝西新豐泰汽車有限責任公司) from November 2011 to June 2012; assistant to the general manager of Shaanxi Sunfonda Automobile Co., Ltd. (陝西新豐泰汽車有限責任公司) from July 2012 to March 2015; general manager of Weinan Sunfonda Boao Automobile Sales Service Co., Ltd. (渭南新豐泰博奧汽車銷售服務有限公司) from April 2015 to October 2017; general manager of Weinan Zongshen Baotai Automobile Sales Service Co., Ltd. (渭南宗申寶泰汽車銷售服務有限公司) from November 2017 to September 2019; and general manager of Xi’an Sunfonda Haibao Automobile Sales and Service Co., Ltd. (西安新豐泰海寶汽車銷售服務有限公司) 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 and is primarily responsible for the management of the operations of the Group. Mr. Deng graduated from Xi’an Institute of Technology (西安工業學院) (now known as Xi’an Technological University (西安工業大學)) with a bachelor’s degree in trade and economics in July 2000.

Independent Non-executive Directors

Dr. Liu Xiaofeng (劉曉峰), aged 62, 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 30 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 Honghua Group Limited (宏華集團有限公司), a company listed on the Main Board of the Stock Exchange (stock code: 196) from January 2008 to November 2021. Dr. Liu was also an independent non-executive director of AAG Energy Holdings Limited (亞美能源控股有限公司) (which withdrew the listing of its shares on the Stock Exchange on 12 July 2023) from August 2018 to August 2023 and an independent non-executive director of Cinda International Holdings Limited (信達國際控股有限公司) (stock code: 111) from July 2016 to July 2024. Dr. Liu has been an independent non-executive director of each of Kunlun Energy Company Limited (崑崙能源有限公司) (stock code: 135) since April 2004, an independent non-executive director of Logory Logistics Technology Co., Ltd. (合肥維天運通資訊科技股份有限公司) (stock code: 2482) since March 2023, and an independent non-executive director of China Risun Group Limited (中國旭陽集團有限公司) (stock code: 1907) since October 2024, all of which are listed on the Stock Exchange. Dr. Liu served as an independent director of UBS Securities Co., Ltd. from June 2016 to June 2022. Dr. Liu obtained a master’s degree and a Ph.D. from the Faculty of Economics, University of Cambridge in England in 1988 and 1994 respectively, a master’s degree in development studies from the University of Bath, England, in 1987, and a bachelor’s degree in economics 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 66, was appointed as an independent non-executive director of the Company on 18 May 2023. He is also the chairman of the Audit Committee, and a member of each of the Nomination Committee, the Remuneration Committee and the Finance and Investment Committee under the Board of the Company. Dr. Han obtained a bachelor’s degree in planning in 1982 from Xi’an University of Architecture and Technology, 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). 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 has been an independent non-executive director of Xinda Investment Holdings Limited (Stock Code: 1281) since April 2015, an independent non-executive director of Guangdong - Hong Kong Greater Bay Area Holdings Limited (Stock Code: 1396) since June 2022 and an independent non-executive director of Country Garden Holdings Company Limited (Stock Code: 2007) since March 2024. Dr. Han was an independent non-executive director of Lingbao Gold Group Company Ltd. (Stock Code: 3330) from March 2012 to May 2021.

Mr. Liu Qiming(劉啟明),aged 64, was appointed as an independent non-executive director of the Company on 22 November 2024. Mr. Liu graduated from Wuhan University of Technology* (武漢理工大學) in 1986 with a bachelor’s degree in automobile engineering and is a professor-level senior engineer. From July 1986 to 1997, he served as a department head at Shanghai Automobile Technology Center* (上海汽車技術中心). From 1997 to 2003, he worked at Shanghai General Motors Co., Ltd.* (上海通用汽車有限公司) (currently known as SAIC GENERAL MOTORS Corp. Ltd.* (上汽通用汽車有限公司)) as the head of the product engineering department. Since 2003, he had worked in Pan Asia Technical Automotive Center Co., Ltd.* (泛亞汽車技術中心有限公司) (“PATAC”) and successively served as executive director of the project management department, deputy general manager, executive vice president and director of PATAC. He retired from PATAC in March 2021. From 2016 to 2021, he served as vice chairman of Shanghai Pudong New District Association for Science and Technology* (上海市浦東新區科學技術協會), vice president of Shanghai Society of Automotive Engineers* (上海汽車工程學會), executive director of China Society of Automotive Engineers* (中國汽車工程學會), director of the Council for China Automotive Industry Awards for Science and Technology* (中國汽車工業科學技術獎理事會), and other social positions. In 2007, he was awarded the title of “Winner of the 10th Shanghai Science and Technology Elite Nomination Award” by the Shanghai Association for Science and Technology* (上海市科學技術協會). In 2011, the independent development project of Chevrolet’s new Sail product he participated in and led won the first prize for scientific and technological progress in China’s automobile industry. In 2014, he won the Special Contribution Award for Quality and Technology of China Association for Quality* (中國質量協會). In 2016, he was recognized as a manager trusted by Shanghai employees. In 2018, he was awarded the titles of “Outstanding Figure in China’s Automobile Industry in the 40th Anniversary of Reform and Opening-up” and “Outstanding Scientific and Technological Talent in China’s Automobile Industry”. He has been an independent director of Shanghai Baolong Automotive Corporation* (上海保隆汽車科技股份有限公司) (the shares of which are listed on the Shanghai Stock Exchange, stock code: 603197) since December 2022, an independent director of Shanghai Vico Precision Mold & Plastics Co., Ltd.* (上海維科精密模塑股份有限公司) (the shares of which are listed on the Shenzhen Stock Exchange, stock code: 301499) since May 2021, an independent director of Shanghai Mobitech Technology Co., Ltd.* (上海毓恬冠佳科技股份有限公司) since August 2021, and an independent director of Semiment Technology Co., Ltd.* (賽卓電子科技（上海）有限公司) since December 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. Wang Hao (王皓)aged 37, has been appointed as the director of the Group’s integrated business since February 2025, overseeing the Group’s administration, personnel, audit and legal affairs. Mr. Wang has over 14 years of experience and extensive expertise in the operation and management of automobile brands. Prior to joining the Group, Mr. Wang served as a supplier quality engineer of FAW Car Co., Ltd. (一汽轎車股份有限公司) from August 2011 to April 2014, and was a regional manager of SAIC Volkswagen Automotive Co., Ltd. (上汽大眾汽車有限公司) from May 2014 to April 2022; Mr. Wang joined the Group in June 2022, and has successively held the following managerial positions in the subsidiaries of the Company: the general manager of Shaanxi Sunfonda Junmei Automobile Sales Services Co., Ltd. (陝西新豐泰新豐泰駿美汽車銷售服務有限公司) from June 2022 to January 2023; the general manager of Yangzhou Sunfonda Junsheng Lexus Automobile Sales Service Co., Ltd. (揚州新豐泰鈞盛雷克薩斯汽車銷售服務有限公司) from February 2023 to January 2024; and the general manager of Suzhou Sunfonda Toyota Automobile Sales Services Co., Ltd. (蘇州新豐泰豐田汽車銷售服務有限公司) from February 2024 to July 2024. Mr. Wang was the personnel director of the Group from August 2024 to January 2025; Mr. Wang graduated from Jilin University in July 2011 with a bachelor’s degree in vehicle engineering.

Mr. Gou Xinfeng (苟新峰), aged 51, has over 25 years of experience in the operation and management of automobile brands. Mr. Gou joined the Group in July 2002, and was successively responsible for the management of several major brands of the Group. Mr. Gou successively served in the following positions in the subsidiaries of the Company: the sales deputy manager of Shaanxi Sunfonda Automobile Co., Ltd. (陝西新豐泰汽車有限責任公司) from July 2002 to February 2006 and the sales director of Xi’an Xinmingyang Toyota Automobile Sales Services Co., Ltd. (西安新銘洋豐田汽車銷售服務有限公司) from March 2006 to March 2009. Mr. Gou served as the general manager of Shaanxi Sunfonda Automobile Technology Development Co., Ltd. (陝西新豐泰汽車技術開發有限責任公司) 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年度全球鑽石經銷商), Five-starred Management Team Award 2014 (2014年度五星級管理團隊獎) and Sales Excellence Award 2014 (2014年度卓越銷售獎). From October 2014 to July 2017, he served as the general manager of Shaanxi Sunfonda Boao Automobile Co., Ltd. (陝西新豐泰博奧汽車有限責任公司); he was the general manager of Shaanxi Sunfonda Automobile Co., Ltd. from November 2020 to August 2023; and he has been the general manager of Shaanxi Sunfonda Boao Automobile Co., Ltd. (陝西新豐泰博奧汽車有限責任公司) since September 2023. Mr. Gou served as the vice president of operations of the Group from August 2017 to November 2020; and 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 (武漢汽車工業大學) (currently known as Wuhan University of Technology (武漢理工大學)) and obtained a bachelor’s degree in automotive applied engineering in July 1998.