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. Yang, was appointed as Executive Director on 4 November 2016. Mr. Yang holds directorships of a number of subsidiaries and member companies of the Group. Mr. Yang graduated with an accounting degree from the Faculty of Accounting in the Central South University in China and also holds a master degree in Accountancy from The Chinese University of Hong Kong. Mr. Yang is currently a director of Wuling Industrial. Mr. Yang is also Independent Director, Chief Accountant, General Counsel, Financial Officer of Guangxi Automobile in charge of the finance, legal departments and supervisory board. 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. Besides, Mr. Yang is also the chairman of the board of directors of Guangxi Yuan Heng Investment Co. Limited* (廣西 元恆投資有限公司). Mr. Yang joined the group of Guangxi Automobile in 1989 and has about 30 years’ of extensive experience in the finance, accounting, legal and corporate financial system institutionalization aspects of the automobile industry. Mr. Yang also served in the senior position of the finance department of SGMW from December 2003 to April 2009, and has been the supervisor of SGMW since July 2016.
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.
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. Wei, served as Executive Director from 10 September 2007 to 4 November 2016 and as the Chairman of the Board and a member of the Nomination Committee (redesignated as chairman from 20 March 2015) from 31 October 2014 to 4 November 2016. Mr. Wei is currently the chairman of the board of directors and the Secretary of the party committee of Guangxi Automobile, the ultimate holding company of the Company. Mr. Wei is also the chairman of the board of director and the Secretary of the party committee of Wuling Industrial, a principal subsidiary of the Company. Mr. Wei obtained a master degree in world economics from Sun YatSen University in 1995 and is a professor level senior engineer. Mr. Wei has more than 30 years’ of experience in the automobile manufacturing industry. Mr. Wei is also the vice chairman of SGMW.
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. He has been engaged in the group of Guangxi Automobile since 2010. Prior to his present position, Mr. Song was the executive vice president of the Company from August 2019 to March 2023. He also worked as a new product R&D engineer in Wuling Liuji, and served in general office of the Guangxi Automobile Group and its board of directors assisting the secretary of the board of directors in performing various duties covering general administration, corporate governance, modern enterprise construction and other related aspects. 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. Wen, is currently the deputy general manager and the chief engineer of Wuling Industrial, our principal subsidiary. He is also the chairman of the board of directors of Wuling Liuji, a subsidiary of Wuling Industrial and the vice president and chief engineer of Guangxi Automobile, the ultimate holding company of the Company. Mr. Wen graduated from the Engineering Thermophysics Department of Tianjin University majoring in internal combustion engine and possessed a postgraduate qualification in Power Machinery and Engineering of Guangxi University. He is a professor level senior engineer. Mr. Wen has over 30 years’ of extensive experience in the production, marketing and corporate management of the automotive engines industry.
Mr. Wang, is currently the deputy party secretary, chairman of the labour union and the supervisor of Wuling Industrial, our principal subsidiary, who is responsible for overseeing the human resources functions of the Group. He is also currently the staff-nominated director, deputy party secretary and chairman of the labour union of Guangxi Automobile, the ultimate holding company of the Company. Mr. Wang graduated from Hubei University of Technology in mechanical and electrical engineering. He also holds a master degree in engineering from Wuhan University of Technology. His profession is senior engineer. Mr. Wang has been engaged in the automobile industry in China since his joining to Guangxi Automobile Group in 1994. Mr. Wang has over 30 years’ of extensive experience in the technical, quality control and business management of the automobile industry.
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 the College of Material Science and Engineering 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. Li, is currently the deputy general manager and also the senior controller of the operation and information department of Wuling Industrial, our principal subsidiary. Besides, Mr. Li is also currently the vice chairman of the board of directors of Guangxi Weixiang Machinery Company Limited* (廣西威翔機械有限公司), a joint venture of Wuling Industrial, he is also the chairman of the board of directors of Hong Kong Zhuoyuan Investment Limited and Hong Kong Zhuo Qiang Investment Limited, both of them subsidiaries of Wuling Industrial. Mr. Li graduated from Nanchang Hangkong University majoring in forging processes and equipment and possessed a post graduate qualification in Business Administration of Asia International Open University (Macao). His profession is senior engineer. Mr. Li has over 30 years’ of extensive experience in the production management and quality control of the 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 and assistant to 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 engineer. Mr. Zhan has over 25 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. Mr Luo graduated from Department of welding process and equipment major of Wuhan University of Technology. His profession is engineer. Mr Luo has over 20 years of extensive experience in production management, purchasing and logistic of vehicle components industry.
Ms. Qin, is currently a 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 24 years’ of extensive experience in cost management, financial management and institutionalization of the financial system.
Mr. Xie, is currently the deputy general manager of Wuling Industrial, our principal subsidiary. Mr. Xie graduated from Chongqing University in pressure processing. His profession is economist. Mr. Xie has over 20 years’ of extensive experience in the production and operation, quality improvement of the automotive components industry.
