Board of Directors

Board of Directors

List of Directors and their Roles and Functions

Executive Director

Mr Wu Wei

Executive Director

Mr. Wu Wei ( 吳偉 ), aged 55, a founder of our Group, is an executive Director and the chairman of the Board. He is in charge of the overall management and strategic development of our Group.

Mr. Wu Wei obtained the qualification of senior economist granted by the Personnel Bureau of Hefei* ( 合肥市人事局 ) in July 2004. Mr. Wu Wei has been a director of the board of directors of Beijing Foreign Studies University since November 2017. He graduated from Tsinghua University School of Economics and Management ( 清華大學經濟管理學院 ) in Beijing, the PRC, with an executive master of business administration in July 2009. Mr. Wu Wei has been a doctoral student of Tsinghua University School of Economics and Management, majoring in global executive management, since 2016. Mr. Wu Wei has over 30 years of experience in education.

Mr. Wu Wei did not hold any directorship in any other listed companies during the last three years.

Mr Xiao Guoqing

Executive Director

Mr. Xiao Guoqing ( 肖國慶 ), aged 54, is an executive Director and the deputy chairman of the Board of the Company and is responsible for business management and providing opinion and judgement to our Board.

Mr. Xiao obtained the qualification of senior economist granted by the Personnel Bureau of Hefei City* ( 合 肥 市 人 事 局 ) in July 2004. He graduated from Renmin University of China ( 中 國 人 民 大 學 ) in Beijing, the PRC with a degree of master of business administration in April 2004 and a degree of executive master of business administration in January 2009, and from Cheung Kong Graduate School of Business ( 長 江 商 學 院 ) with a degree of executive master of business administration in October 2012. Mr. Xiao Guoqing has over 20 years of experience in education.

Save as Mr. Xiao has been a director of Anhui Xin’an Financial Group Co., Ltd.* ( 安徽新安金融集團有限公司 ), a company whose shares are listed on the National Equities Exchange and Quotations (stock code: 834397) since August 2014, Mr. Xiao Guoqing did not hold any directorship in any other listed companies during the last three years.

Non-executive Director

Mr Wu Junbao

Non-executive Director

Mr. Wu Junbao ( 吳俊保 ), aged 57, a founder of our Group, is a non-executive Director of our Company and is responsible for providing opinion and judgment to our Board.

Mr. Wu Junbao obtained the qualification of senior economist granted by the Personnel Bureau of Hefei City* ( 合 肥 市 人 事 局 ) in July 2004. He graduated from Anhui Institute of Business Administration* ( 安 徽 工 商 管 理 學 院 ) in Hefei, Anhui province, the PRC with a degree of master of business administration in December 2003. Mr. Wu Junbao has over 30 years of experience in education.

Save as Mr. Wu Junbao has been the chairman of the board of directors and non-executive director of China Xinhua Education Group Limited (stock code: 2779) since October 2017, Mr. Wu Junbao did not hold any directorship in any other listed companies during the last three years.

Mr Lu Zhen

Non-executive Director

Mr. Lu Zhen ( 陸真 ), aged 47, is a non-executive Director of the Company and is responsible for providing opinion and judgment to our Board.

Mr. Lu graduated from Zhengzhou Institute of Textile Engineering* ( 鄭 州 紡 織 工 學 院 ), currently known as Zhongyuan University of Technology* ( 中 原 工 學 院 ), in Zhengzhou, Henan province, the PRC, with a bachelor degree majoring in mechanical engineering in July 1999, and from Nanjing University ( 南 京 大 學 ) in Nanjing, Jiangsu province, the PRC, with a degree of master of business administration in March 2009. Mr. Lu has over 10 years of experience in education.

Save as Mr. Lu has been an executive director of China Xinhua Education Group Limited (stock code: 2779) since October 2017, Mr. Lu did not hold any directorship in any other listed companies during the last three years.

Independent Non-executive Director

Mr Hung Ka Hai, Clement

Independent Non-executive Director

Mr. Hung Ka Hai, Clement ( 洪嘉禧 ), aged 67, is an independent non-executive Director of the Company.

Mr. Hung obtained a bachelor of arts degree from University of Lincoln (formerly known as University of Huddersfield), United Kingdom in 1980. Mr. Hung had served Deloitte China for 31 years where he had assumed various leadership roles before he took up the chairman role of Deloitte China from 2014 to 2016. He retired from Deloitte China with effect from June 2016. When Mr. Hung was working with Deloitte China, he had assumed various leadership roles, including the managing partner of Deloitte Shenzhen office and Guangzhou office. He was also a member of the China management team of Deloitte China. Mr. Hung had also assumed the role of the southern audit leader and the deputy managing partner of the southern region of China (including Hong Kong, Macau, Shenzhen, Guangzhou, Xiamen and Changsha). He was also a board member of Deloitte Global.

Mr. Hung served as the Guangzhou Institute of Certified Public Accountants consultant from 2004 to 2014. During the period between 2006 to 2011, he also served as a member of the Political Consultative Committee of Luohu District, Shenzhen. After his retirement as the chairman of Deloitte China, he was appointed as an expert consultant of The Ministry of Finance in the PRC. Mr. Hung is a life member of The Institute of Chartered Accountants in England and Wales.

Mr. Hung has, in the past three years, served or is serving as a director of each of the following listed companies whose shares are listed on the Stock Exchange:

 an independent non-executive director of Gome Finance Technology Company Limited (formerly known as Sino Credit Holdings Limited) (stock code: 628) since 31 October 2016;

 an independent non-executive director of SY Holdings Group Limited (formerly known as Sheng Ye Capital Limited) (stock code: 6069), the listing of the shares of which has been transferred to the Main Board from the GEM of the Stock Exchange (stock code: 8469) from 24 October 2019) from 19 June 2017 to 15 July 2022;

 a non-executive director of High Fashion International Limited (stock code: 608) since 1 December 2017;

• an independent non-executive director of Zhongchang International Holdings Group Limited (formerly known as Henry Group Holdings Limited) (stock code: 859) on 12 January 2018 and subsequently resigned with effect from 15 June 2020;

• an independent non-executive director of Aoyuan Healthy Life Group Company Limited (stock code: 3662) since 22 February 2019;

• an independent non-executive director of Huarong International Financial Holdings Limited (stock code: 993) since 13 December 2019;

• an independent non-executive director of Tibet Water Resources Limited (stock code: 1115) from 31 December 2019 to 30 June 2021;

• an independent non-executive director of Skyworth Group Limited (stock code: 751) since 18 March 2020;

• an independent non-executive director of Hong Kong Aerospace Technology Group Limited (stock code: 1725) since 16 July 2021; and

an independent supervisor of Ping An Insurance (Group) Company of China, Ltd., whose shares are listed on both the Main Board of the Stock Exchange (Stock code: 2318) and Shanghai Stock Exchange (Stock code: 601318) since 18 July 2022.

• an independent non-executive director of JX Energy Ltd., whose shares are listed on the Main Board of the Stock Exchange (Stock code: 3395) since 1 August 2023.

Save as disclosed above, Mr. Hung did not hold any directorship in any other listed companies during the last three years.

Dr Zang Yunzhi

Independent Non-executive Director

Dr. Zang Yunzhi ( 臧蘊智 ), aged 43, is an independent non-executive Director of the Company since 31 May 2021.

Dr. Zang, obtained a doctor degree in Business Administration (Accounting) granted by Duke University in May 2006 and a bachelor degree in Accounting granted by Tsinghua University in July 2001. Dr. Zang served as an assistant professor at Simon School of Business, University of Rochester from July 2006 to June 2009, and as an assistant professor at department of accounting of Hong Kong University of Science and Technology from July 2009 to July 2015. Since July 2015, Dr. Zang has served as an associate professor of department of accounting of Hong Kong University of Science and Technology. Dr. Zang has extensive experience in accounting and teaching and she also held position at the editorial board of The Accounting Review since 2017, at CAPANA Program Committee since 2018 and as ad hoc reviewers of various journals in accounting area. Dr. Zang has passed all exams at Certified General Accountants Association of Canada.

Dr Zhu Guobin

Independent Non-executive Director

Dr. Zhu Guobin ( 朱國斌 ), aged 61, is an independent non-executive Director of the Company.

Dr. Zhu obtained a bachelor’s degree in history, a master’s degree in history and a master’s degree in law from Renmin University of China in July 1983, July 1986 and June 2007, a master of laws from the University of Hong Kong in December 1999, and a doctorate in law and an accreditation to supervise research (Diplôme d’Habilitation à Diriger des Recherches) from the University of Aix- Marseilles in France in June 1994. Dr. Zhu obtained a certificate in administrative engineering class from the National School of Administration (Ecole Nationale d’Administration) in France from June 1989 to March 1990. Dr. Zhu was a visiting scholar of Harvard Law School, the U.S., from 2007 to 2008 and 2020, and a visiting scholar of Columbia Law School, the U.S., in 2011.

Dr. Zhu is a professor of Law at City University of Hong Kong School of Law. Dr. Zhu is a guest professor of law in the Shandong University in the PRC, an adjunct professor of law at the School of Law of Wuhan University and Qingdao University in the PRC, respectively. Dr. Zhu is a titular member of the International Academy of Comparative Law (Paris, France), a member of International Association of Constitutional Law, a member of the French Society of Comparative Legislation, a council member of the Chinese Association of Constitutional Law ( 中國憲法學研究會 ), a council member of the Chinese Society of Judicial Studies ( 中 華司法研究會 ), an Executive Counsel member of the Association of Hong Kong Basic Law and Macao Basic Law, a member of the Chinese Association of the Hong Kong & Macao Studies.

Dr. Zhu is an arbitrator of the Arbitration Commissions of Wuhan, Zhuhai and Qingdao.

Dr. Zhu is an independent non-executive director of Hybrid Kinetic Group Limited (stock code: 1188) which shares of this company are listed on the Stock Exchange.

Save as disclosed above, Dr. Zhu did not hold any other directorship in any listed companies during the last three years.