Corporate Governance
Mr. Yuan Zhijun, Chairman of the Board and the Nomination Committee, was appointed as Executive Director on 4 November 2016. Mr. Yuan graduated from the Huazhong University of Science and Technology in China with a master degree in business administration in 2003 and is a professor level senior engineer. Mr. Yuan holds directorships of a number of subsidiaries and member companies of the Group. He is currently a director and the chief executive of our principal subsidiary, Liuzhou Wuling Motors Industrial Company Limited* (柳州五菱汽車工業有限公司) (“Wuling Industrial”), a joint-venture enterprise owned by the Company and Guangxi Automobile Holdings Limited* (廣西汽車集團有限公司) (“Guangxi Automobile”)— the ultimate holding company of the Company. Mr. Yuan is also currently the vice chairman of the board of directors and chief executive of Guangxi Automobile. He is also a director of Wuling (Hong Kong) Holdings Limited and Wuling Motors (Hong Kong) Company Limited, respectively, the immediate holding company and the intermediate holding company of the Company. Since his joining to the group of Guangxi Automobile in 1987, Mr. Yuan has held various positions within the group of Guangxi Automobile and has over 30 years’ of extensive experience in the production, product design and development, human resources and corporate management of the automobile industry. Mr. Yuan has also served in a number of senior positions of SAIC-GM-Wuling Automobile Co. Limited (“SGMW”) since February 2003. He is currently a director of SGMW, which is a joint venture formed among Shanghai Automobile Industry (Group) Company Limited, GM (China) Investment Company Limited and Guangxi Automobile and is currently a major customer of the Group’s businesses in engines and automotive components.
Mr. Wei, was appointed as Executive Director on 24 March 2021. Mr. Wei is currently a director and deputy general manager of Wuling Industrial, our principal subsidiary, supervising the divisions of human resources and purchasing. Mr. Wei is also currently a director of certain subsidiaries and associated companies of the Group, which include Wuling Liuji, Faurecia (Liuzhou) Automotive Seating Sales Co., Limited* (佛吉亞(柳州)汽車座椅銷 售有限公司) and Guangxi Weixiang Machinery Company Limited* (廣西威翔機械有限公司), Mr. Wei is also the chairman of the board of directors of Faurecia (Liuzhou) Emission Control Technologies Co., Limited* (佛吉亞(柳州)排氣控制技術有限公司). Besides, Mr. Wei is the assistant to the chief executive of Guangxi Automobile, the ultimate holding company of the Company. Mr. Wei graduated from Tianjin University majoring in Chemical Mechanical Engineering and holds a master degree in business administration of Huazhong University of Science and Technology and holds the profession as a senior engineer. Mr. Wei joined the group of Guangxi Automobile in 1996 and has over 24 years’ of extensive experience in business operations, production management, quality control, human resources management, purchasing and supply chain management of the automotive components industry.
Ms. Zhu Fengyan, aged 45, obtained a bachelor’s degree in management at Wuhan Chemical Technology College* (武漢化工學院) (currently known as Wuhan Institute of Technology) in the People’s Republic of China (the “PRC”) in June 2000. Ms. Zhu completed and passed the assessments of the Second Phase of the Centralised Training Period for Management Accounting Training in the “Ten Hundred Thousand”High-End Accounting Talent* (「十百千」高端會計人才培養工程管理會計類第二期集中培養周期) in Guangxi Province of the PRC in February 2023 and the Centralised Training Period in the Enterprises Directly under the Autonomous Region in the “Ten Hundred Thousand” High-End Accounting Talent* (「十百千」高端會計人才培養工程自治區直屬企業類集中培養周期) in Guangxi Province of the PRC in May 2023 jointly organised by the Department of Finance of Guangxi Zhuang Autonomous Region and Shanghai National Accounting Institute, respectively.
Ms. Zhu obtained the qualification as auditor and senior accountant from the Department of Human Resources and Social Security of Guangxi Zhuang Autonomous Region in October 2011 and in December 2018, respectively.
Ms. Zhu has been working as the Deputy Chief Accountant of Guangxi Automobile, a director of the Finance and Securities Department since December 2023 and a director of Audit and Legal Affairs Department of Guangxi Automobile since June 2024. Ms. Zhu joined Guangxi Automobile in July 2000 and has over 20 years of extensive experience
in the financial, accounting, and legal aspects of the automotive industry.
Mr. Li, graduated from South China Normal University in 1967 majoring in Physics. Mr. Li worked in various organisations relating to the field of medical technology, including well-known university research centre, national medical engineering technology research centre, focusing on promoting the improvement of medical technology in the PRC. Besides, he also worked in the science and technology development organisations, trust funds and investment organisations. Mr. Li has over 50 years’ of extensive experience in physics, biomedical engineering and international finance.
Mr. Ye, was appointed as Independent Non-executive Director on 10 October 2008. Mr. Ye is the founder and managing director of Vision Gain Capital Limited (“Vision Gain”), a company engages in the fund management and investment advisory business. Mr. Ye is a chartered financial analyst and holds a doctorate degree in finance. He has more than 20 years’ of experience in the monetary and finance industry and has extensive exposures in the banking and regulatory aspects. Prior to his founding of Vision Gain, Mr. Ye was the director of China Affairs of the Securities and Futures Commission of Hong Kong. Mr. Ye is currently the chairman of the Audit Committee and a member of the Nomination Committee and the Remuneration Committee.
Mr. Wang, was appointed as an Independent Non-executive Director on 20 March 2015. Mr. Wang obtained a doctorate degree in economic law from the school of law of the Renmin University of China. He is currently an arbitrator of Beijing Arbitration Commission. Mr. Wang has more than 38 years of teaching experiences in a number of universities in the PRC. He is also at present a professor in the Capital University of Economics & Business. Mr. Wang is currently a member of each of the Nomination Committee, the Remuneration Committee and the Audit Committee.
Mr. Xu, was appointed as an independent non-executive Director on 9 June 2023. Mr. Xu studied at Wuhan University of Technology majoring in mechanical engineering and received a bachelor’s degree, a master’s degree at Wuhan University and a doctor’s degree in engineering at Wuhan University of Technology. Mr. Xu has engaged in the fields of mechanical engineering and education for more than 30 years. He started his teaching career as a teacher at Hubei No.1 Mechanical Industrial school from July 1987 to August 1999. From September 1999 onwards, he served as a lecturer, an associate professor and a professor respectively at Wuhan University of Technology . Besides, since March 2019, Mr. Xu has also served as an external director of Guangxi Automobile Holdings Limited, the ultimate holding company of the Company. Mr. Xu is currently the chairman of Remuneration Committee, and a member of each of the Audit Committee, the Nomination Committee and the ESG Committee.
Mr. Song, was appointed as the chief executive officer of the Company on 29 March 2023 and is also currently manager of Wuling Motors (Hong Kong) Company Limited, the intermediate holding company of the Company. Mr. Song holds an undergraduate degree in Thermal energy and Power engineering (automotive). Mr. Song is currently studying EMBA at Huazhong University of Science and Technology. Prior to his present position, Mr. Song was the executive vice president of the Company from August 2019 to March 2023. In addition, he served as the general manager of Beijing Lingyun Technology Co., Ltd, a subsidiary of Guangxi Automobile.
Mr. Lai, currently chief financial officer and company secretary of the Company, is responsible for overseeing our finance, accounting and company secretarial functions. He is also a director of Wuling Industrial, our principal subsidiary. Mr. Lai has more than 30 years’ of experience in finance, accounting and business management. Mr. Lai graduated from the University of Hong Kong and the Hong Kong Baptist University and holds a Bachelor of Arts degree and a Master of Science degree in Corporate Governance and Directorship respectively. He is currently a fellow member of the Hong Kong Institute of Certified Public Accountants, the Institute of Chartered Accountants in England and Wales and the Association of Chartered Certified Accountants.
Mr. Chen, is currently the deputy general manager of Wuling Industrial, our principal subsidiary. Mr. Chen is also the deputy vice president of Guangxi Automobile, the ultimate holding company of the Company. Mr. Chen graduated from Metal Pressure Technician of Chongqing University. He obtained a master degree in Public Administration from Wuhan University of Science and Technology. His profession is senior engineer. Mr. Chen has been engaged in the automobile industry in China since his joining to Guangxi Automobile Group in 1997. He has over 20 years’ of extensive experience in the production operation, sales, purchasing and supply chain management of the car assembly and automotive components industry.
Mr. Liu, is currently the deputy general manager and chief financial officer of Wuling Industrial, our principal subsidiary. Mr. Liu graduated from China University of Mining majoring in Accounting and holds a master degree in business administration of Huazhong University of Science and Technology. His profession is senior accountant. Mr Liu has over 20 years’ of extensive experience in cost management and institutionalization of the financial system.
Mr. Zhan, is currently the deputy general manager of Wuling Industrial, our principal subsidiary. Mr. Zhan graduated from Department of Mechanical Manufacturing and Technology of Guangxi University, and holds a master degree in business administration of Huazhong University of Science and Technology. His profession is senior engineer. Mr. Zhan has over 20 years’ of extensive experience in the production management, quality control and efficiency of the automotive components industry.
Mr Luo, is currently the deputy general manager of Wuling Industrial, our principal subsidiary and the general manager of Wuling Liuji, a subsidiary of Wuling Industrial. Mr Luo graduated from Department of welding process and equipment major of Wuhan University of Technology. His profession is economist. Mr Luo has over 20 years of extensive experience in production management, purchasing and logistic of vehicle components industry.
Ms. Qin, is currently the chief financial officer, general counsel and an assistant to general manager of Wuling Industrial, our principal subsidiary. Ms Qin graduated from Guangxi University and holds a master degree in Business Administration. Her profession is senior accountant. Ms. Qin has over 20 years’ of extensive experience in cost management, financial management and institutionalization of the financial system.
