Mr. Wei Qingwen was appointed as an executive director on 20 October 2024, he is also the spouse of Ms. Cheng Hung Mui, who was (i) an executive Director prior to her resignation with effect from 20 October 2024, and (ii) is the controlling shareholder of the Company.
Mr. Wei Qingwen graduated from Renmin University of China majoring in business management. He obtained the title of senior economist and was a representative of the Ninth and Tenth National People’s Congress of the People’s Republic of China. From 2004 to 2024, he was the Chairman of Nanfang Black Sesame Group Co., Ltd.* (南方黑芝麻集團股份有限公司), a company the shares of which are listed on Shenzhen Stock Exchange (stock code: 000716), and is currently its Honorary Chairman.
Mr. Wei Qingwen is a well-known private entrepreneur in the country. He was the founder of Guangxi Southern Children’s Food Factory* (廣西南方兒童食品廠) back in August 1984, and the factory was transformed into Guangxi Black Five Food Group Company* (廣西黑五類食品集團公司) in 1994. In 2001, Guangxi Black Five Food Group Company* was named a national key leading enterprise in agricultural industrialization* (農業産業化國家重點龍頭企業). Under the leadership of Mr. Wei Qingwen for four decades, the group has developed into a large-scale enterprise group with Nanfang Black Sesame Group Co., Ltd.* as the core holding company, 45 subsidiaries and 10 associated companies.
Mr. Wei Qingwen was appointed as an executive director on 20 October 2024, he is also the spouse of Ms. Cheng Hung Mui, who was (i) an executive Director prior to her resignation with effect from 20 October 2024, and (ii) is the controlling shareholder of the Company.
Mr. Wei Qingwen graduated from Renmin University of China majoring in business management. He obtained the title of senior economist and was a representative of the Ninth and Tenth National People’s Congress of the People’s Republic of China. From 2004 to 2024, he was the Chairman of Nanfang Black Sesame Group Co., Ltd.* (南方黑芝麻集團股份有限公司), a company the shares of which are listed on Shenzhen Stock Exchange (stock code: 000716), and is currently its Honorary Chairman.
Mr. Wei Qingwen is a well-known private entrepreneur in the country. He was the founder of Guangxi Southern Children’s Food Factory* (廣西南方兒童食品廠) back in August 1984, and the factory was transformed into Guangxi Black Five Food Group Company* (廣西黑五類食品集團公司) in 1994. In 2001, Guangxi Black Five Food Group Company* was named a national key leading enterprise in agricultural industrialization* (農業産業化國家重點龍頭企業). Under the leadership of Mr. Wei Qingwen for four decades, the group has developed into a large-scale enterprise group with Nanfang Black Sesame Group Co., Ltd.* as the core holding company, 45 subsidiaries and 10 associated companies.
Mr. Wei Mingren was appointed as an executive director of the Company on 20 October 2024. He is the nephew of Mr. Wei Qingwen. Mr. Wei Mingren was awarded a bachelor’s degree majoring in financial management in Tianjin University of Commerce in 2017. He joined the Group in 2017 and participated in finance and operation management of the Group’s lithium ion motive battery business. He is currently the vice president, executive director, and/or general manager of a number of subsidiaries of the Company.
Since August 2024, Mr. Wei Mingren has served as director of Nanfang Black Sesame Group Co., Ltd. (南方黑芝麻集團股份有限公司), a company the shares of which are listed on Shenzhen Stock Exchange (stock code: 000716).
Mr. Wei Mingren was appointed as an executive director of the Company on 20 October 2024. He is the nephew of Mr. Wei Qingwen. Mr. Wei Mingren was awarded a bachelor’s degree majoring in financial management in Tianjin University of Commerce in 2017. He joined the Group in 2017 and participated in finance and operation management of the Group’s lithium ion motive battery business. He is currently the vice president, executive director, and/or general manager of a number of subsidiaries of the Company.
Since August 2024, Mr. Wei Mingren has served as director of Nanfang Black Sesame Group Co., Ltd. (南方黑芝麻集團股份有限公司), a company the shares of which are listed on Shenzhen Stock Exchange (stock code: 000716).
Mr. Chan Wei was appointed as a chief financial officer and company secretary of the Company on 7 March 2016 and as an executive Director of the Company on 28 July 2021. He is also a supervisor of a subsidiary of the Group. Mr. Chan is a member of the Hong Kong Institute of Certified Public Accountants and a fellow member of the Association of Chartered Certified Accountants. Mr. Chan obtained the degree of a Bachelor of Science in applied accounting from the Oxford Brookes University. He has over 20 years of experience in auditing, accounting and financial advisory.
Mr. Chan Wei was appointed as a chief financial officer and company secretary of the Company on 7 March 2016 and as an executive Director of the Company on 28 July 2021. He is also a supervisor of a subsidiary of the Group. Mr. Chan is a member of the Hong Kong Institute of Certified Public Accountants and a fellow member of the Association of Chartered Certified Accountants. Mr. Chan obtained the degree of a Bachelor of Science in applied accounting from the Oxford Brookes University. He has over 20 years of experience in auditing, accounting and financial advisory.
Ms. Yu Xiaolei was appointed as an executive director of the Company on 1 October 2023. She was awarded a a master’s degree in architecture (professional) in the University of Auckland, New Zealand, in 2011. Ms. Yu served as sustainable building appraiser at GWS – Green World Solutions (中際國潤（北京）低碳科技有限公司) from December 2010 to May 2016, mainly engaged in green building evaluation (including but not limited to conceptual design, assessment standard for green building, and leading energy and environmental design (or LEED) evaluation), as well as low carbon planning. She later served as an administrative manager at Beijing Anjie Asset Management Co., Ltd. (北京安傑資產管理股份有限公司) from April 2018 to August 2020. Ms. Yu has over 5 years of experience in green building and low-carbon planning.
Ms. Yu Xiaolei was appointed as an executive director of the Company on 1 October 2023. She was awarded a a master’s degree in architecture (professional) in the University of Auckland, New Zealand, in 2011. Ms. Yu served as sustainable building appraiser at GWS – Green World Solutions (中際國潤（北京）低碳科技有限公司) from December 2010 to May 2016, mainly engaged in green building evaluation (including but not limited to conceptual design, assessment standard for green building, and leading energy and environmental design (or LEED) evaluation), as well as low carbon planning. She later served as an administrative manager at Beijing Anjie Asset Management Co., Ltd. (北京安傑資產管理股份有限公司) from April 2018 to August 2020. Ms. Yu has over 5 years of experience in green building and low-carbon planning.
Mr. Li Jingquan was appointed as an executive director and the chief executive officer of the Company on 27 November 2025. He holds a Bachelor of Science degree in Mechanical Engineering and Automation from Northeastern University and a Master of Science degree in Control Engineering from Shanghai Jiao Tong University. He also possesses a mid-level engineer professional qualification certificate in the People’s Republic of China (the “PRC”). He has worked at China Baowu Steel Group Corporation Limited (formerly known as Baosteel Group) (the “China Baowu Steel Group”), Tongji University, SAIC Motor Corporation Limited (the “SAIC Motor”), and Fujian Contemporary Nebula Energy Technology Co., Ltd.. He has extensive practical experience in enterprise management, including strategic development, marketing, manufacturing, asset management, lean operations, and innovation management in the new energy vehicle industry.
From July 2004, he successively served as the Production Manager, Marketing Manager, and Technology Manager of a subsidiary of Shanghai Baosteel International Economic and Trading Corporation (formerly known as Baosteel Group International Trade Corporation) (the “Shanghai Baosteel International”). From March 2014, he served as a Director and Deputy General Manager (in charge of operations) of Chongqing Baoji Technology Co., Ltd.* (重慶寶吉科技有限公司) (a Sino-Korean joint venture). From March 2017, he undertook a temporary position at Baosteel Central Research Institute, serving as a Chief Researcher. From July 2017, he returned to Shanghai Baosteel International to serve as Senior Director of Technology and Quality. During this tenure, Mr. Li participated in a major internal asset restructuring project within China Baowu Steel Group, responsible for the overall acquisition of the Wuhan Iron and Steel Group International Laser Blanking Co., Ltd.* (武鋼集團國際激光拼焊有限公司), and the integration of the management system after the project’s completion.
Since March 2018, he served as Assistant to Dean of the Institute of Engineering and Industry at Tongji University, assisting the Dean in overseeing university-local government cooperation, organising project negotiations, policy research, contract negotiations, team building, and initial operations, and participated in the projects of the Tongji University Chongqing Research Institute, the Tongji University Zhengzhou Research Institute* (同濟大學鄭州研究院), the Tongji University Nanjing New Energy Vehicle Materials Research Institute* (同濟大學南京新能源汽車材料研究院), and the Tongji University Intelligent Construction Research Institute* (同濟大學智能建造研究院) that were in preparation.
From November 2019, he served as Deputy Director and New Business Planning Director of the Donghua Automotive Planning Department of SAIC Motor’s Mobility and Service Trade Unit. He coordinated with Plug and Play International Incubator Group* (Plug and Play 國際孵化器集團) to successfully implement the SAIC Donghua-PNP “Mobility+” international open innovation platform project. In July 2021, he became Executive Director of SAIC Motor Shanghai Zhi Ji Information Technology Co., Ltd., Managing Director of Shanghai Saike Car Rental Co., Ltd., and Executive Director of the Purchasing and Innovation Development Departments at Global Car Sharing headquarters, responsible for strategic planning, innovation development, asset management, and procurement management.
Since August 2023, he has jointed Fujian Contemporary Nebula Energy Technology Co., Ltd., responsible for the expansion of the new charging industry of “photovoltaic storage charging and inspection”. He has also led the implementation of the “one city, one network, one standard, one card” urbanisation strategic cooperation project and the sustainable innovation and development of the lean operation system.
Mr. Li Jingquan was appointed as an executive director and the chief executive officer of the Company on 27 November 2025. He holds a Bachelor of Science degree in Mechanical Engineering and Automation from Northeastern University and a Master of Science degree in Control Engineering from Shanghai Jiao Tong University. He also possesses a mid-level engineer professional qualification certificate in the People’s Republic of China (the “PRC”). He has worked at China Baowu Steel Group Corporation Limited (formerly known as Baosteel Group) (the “China Baowu Steel Group”), Tongji University, SAIC Motor Corporation Limited (the “SAIC Motor”), and Fujian Contemporary Nebula Energy Technology Co., Ltd.. He has extensive practical experience in enterprise management, including strategic development, marketing, manufacturing, asset management, lean operations, and innovation management in the new energy vehicle industry.
From July 2004, he successively served as the Production Manager, Marketing Manager, and Technology Manager of a subsidiary of Shanghai Baosteel International Economic and Trading Corporation (formerly known as Baosteel Group International Trade Corporation) (the “Shanghai Baosteel International”). From March 2014, he served as a Director and Deputy General Manager (in charge of operations) of Chongqing Baoji Technology Co., Ltd.* (重慶寶吉科技有限公司) (a Sino-Korean joint venture). From March 2017, he undertook a temporary position at Baosteel Central Research Institute, serving as a Chief Researcher. From July 2017, he returned to Shanghai Baosteel International to serve as Senior Director of Technology and Quality. During this tenure, Mr. Li participated in a major internal asset restructuring project within China Baowu Steel Group, responsible for the overall acquisition of the Wuhan Iron and Steel Group International Laser Blanking Co., Ltd.* (武鋼集團國際激光拼焊有限公司), and the integration of the management system after the project’s completion.
Since March 2018, he served as Assistant to Dean of the Institute of Engineering and Industry at Tongji University, assisting the Dean in overseeing university-local government cooperation, organising project negotiations, policy research, contract negotiations, team building, and initial operations, and participated in the projects of the Tongji University Chongqing Research Institute, the Tongji University Zhengzhou Research Institute* (同濟大學鄭州研究院), the Tongji University Nanjing New Energy Vehicle Materials Research Institute* (同濟大學南京新能源汽車材料研究院), and the Tongji University Intelligent Construction Research Institute* (同濟大學智能建造研究院) that were in preparation.
From November 2019, he served as Deputy Director and New Business Planning Director of the Donghua Automotive Planning Department of SAIC Motor’s Mobility and Service Trade Unit. He coordinated with Plug and Play International Incubator Group* (Plug and Play 國際孵化器集團) to successfully implement the SAIC Donghua-PNP “Mobility+” international open innovation platform project. In July 2021, he became Executive Director of SAIC Motor Shanghai Zhi Ji Information Technology Co., Ltd., Managing Director of Shanghai Saike Car Rental Co., Ltd., and Executive Director of the Purchasing and Innovation Development Departments at Global Car Sharing headquarters, responsible for strategic planning, innovation development, asset management, and procurement management.
Since August 2023, he has jointed Fujian Contemporary Nebula Energy Technology Co., Ltd., responsible for the expansion of the new charging industry of “photovoltaic storage charging and inspection”. He has also led the implementation of the “one city, one network, one standard, one card” urbanisation strategic cooperation project and the sustainable innovation and development of the lean operation system.
Mr. Li Yang was appointed as an executive director on 27 November 2025. He obtained a diploma from Shenzhen University in 1992 and a Master of Business Administration from Shenzhen Economic and Management Institute in 2000. Mr. Li also completed a Master’s degree programme in 2001 at the Graduate School of Chinese Academy of Social Sciences, majoring in World Economics. Mr. Li has over 20 years of experience in investment activities and business management. He has held directorships in several companies listed on the Main Board of the Stock Exchange and a public company listed on the stock market of the PRC. Mr. Li has held various senior management positions in a number of capital investment and entity enterprises, and has extensive industry experience in internet, information technology and other businesses.
From September 2014 to June 2018, Mr. Li acted as the deputy chairman and an executive director of Hong Kong Robotics Group Holding Limited, shares of which are listed on the Stock Exchange (formerly known as China Best Group Holding Limited, stock code: 370). From June 2015 to September 2016, he acted as the chairman and a director of Kexin Development Co., Ltd, Shanxi* (山西科新發展股份有限公司) (formerly known as Guanghe Landscape Culture Communication Co., Ltd., Shanxi* (山西廣和山水文化傳播股份有限公司)), shares of which are listed on the Shanghai Stock Exchange (stock code: 600234.SS). From February 2017 to December 2018, he also served as an independent non-executive director of Ming Lam Holdings Limited (formerly known as Sino Haijing Holdings Limited), shares of which were listed on the Stock Exchange (stock code: 1106), and the listing of which was cancelled on 2 November 2021 under Rule 6.01A of the Listing Rules. From November 2018 to December 2020, he acted as the deputy chairman and an executive director of Leyou Technologies Holdings Limited, shares of which were listed on the Stock Exchange (stock code: 1089). Such company was privatised by way of a scheme of arrangement under the Companies Law of its place of incorporation and its listing was withdrawn on 24 December 2020. From August 2020 to February 2021, he also acted as an executive director of CT Environmental Group Limited, shares of which were listed on the Stock Exchange (stock code: 1363), and the listing of which was cancelled on 10 September 2021 under Rule 6.01A of the Listing Rules.
Mr. Li has been appointed as the chairman of the board and an executive director of Virtual Mind Holding Company Limited, shares of which are listed on the Stock Exchange (formerly known as CEFC Hong Kong Financial Investment Company Limited), shares of which are listed on the Stock Exchange (stock code: 1520) since 19 January 2022. Mr. Li has been appointed as an independent non-executive director of HG Semiconductor Limited, shares of which are listed on the Stock Exchange (stock code: 6908) since 19 April 2022 and has been re-designated from an independent nonexecutive director to an executive director since 9 February 2024. Mr. Li has been appointed as an executive director and deputy chairman of IBO Technology Company Limited, shares of which are listed on the Stock Exchange (stock code: 2708) since 21 March 2023, the company was ordered to be wound up by the Hight Court of Hong Kong and trading on the Stock Exchange in the shares of the company was suspended on 29 April 2024. Mr. Li was appointed as an executive director of Asia Television Holdings Limited, shares of which are listed on the Stock Exchange (stock code: 707) during the period from 29 July 2024 to 25 June 2025.
Mr. Li Yang was appointed as an executive director on 27 November 2025. He obtained a diploma from Shenzhen University in 1992 and a Master of Business Administration from Shenzhen Economic and Management Institute in 2000. Mr. Li also completed a Master’s degree programme in 2001 at the Graduate School of Chinese Academy of Social Sciences, majoring in World Economics. Mr. Li has over 20 years of experience in investment activities and business management. He has held directorships in several companies listed on the Main Board of the Stock Exchange and a public company listed on the stock market of the PRC. Mr. Li has held various senior management positions in a number of capital investment and entity enterprises, and has extensive industry experience in internet, information technology and other businesses.
From September 2014 to June 2018, Mr. Li acted as the deputy chairman and an executive director of Hong Kong Robotics Group Holding Limited, shares of which are listed on the Stock Exchange (formerly known as China Best Group Holding Limited, stock code: 370). From June 2015 to September 2016, he acted as the chairman and a director of Kexin Development Co., Ltd, Shanxi* (山西科新發展股份有限公司) (formerly known as Guanghe Landscape Culture Communication Co., Ltd., Shanxi* (山西廣和山水文化傳播股份有限公司)), shares of which are listed on the Shanghai Stock Exchange (stock code: 600234.SS). From February 2017 to December 2018, he also served as an independent non-executive director of Ming Lam Holdings Limited (formerly known as Sino Haijing Holdings Limited), shares of which were listed on the Stock Exchange (stock code: 1106), and the listing of which was cancelled on 2 November 2021 under Rule 6.01A of the Listing Rules. From November 2018 to December 2020, he acted as the deputy chairman and an executive director of Leyou Technologies Holdings Limited, shares of which were listed on the Stock Exchange (stock code: 1089). Such company was privatised by way of a scheme of arrangement under the Companies Law of its place of incorporation and its listing was withdrawn on 24 December 2020. From August 2020 to February 2021, he also acted as an executive director of CT Environmental Group Limited, shares of which were listed on the Stock Exchange (stock code: 1363), and the listing of which was cancelled on 10 September 2021 under Rule 6.01A of the Listing Rules.
Mr. Li has been appointed as the chairman of the board and an executive director of Virtual Mind Holding Company Limited, shares of which are listed on the Stock Exchange (formerly known as CEFC Hong Kong Financial Investment Company Limited), shares of which are listed on the Stock Exchange (stock code: 1520) since 19 January 2022. Mr. Li has been appointed as an independent non-executive director of HG Semiconductor Limited, shares of which are listed on the Stock Exchange (stock code: 6908) since 19 April 2022 and has been re-designated from an independent nonexecutive director to an executive director since 9 February 2024. Mr. Li has been appointed as an executive director and deputy chairman of IBO Technology Company Limited, shares of which are listed on the Stock Exchange (stock code: 2708) since 21 March 2023, the company was ordered to be wound up by the Hight Court of Hong Kong and trading on the Stock Exchange in the shares of the company was suspended on 29 April 2024. Mr. Li was appointed as an executive director of Asia Television Holdings Limited, shares of which are listed on the Stock Exchange (stock code: 707) during the period from 29 July 2024 to 25 June 2025.
Mr. Wang Jinlin (“Mr. Wang”), was appointed as an independent non-executive Director on 24 March 2015. Mr. Wang graduated from Zhejiang University and obtained a bachelor’s degree in 1984. He is a senior engineer and used to serve as deputy general manager of Jiaxing Silk Spinning Factory (嘉興絹紡廠), deputy general manager and general manager of Zhejiang Jinying Silk Spinning Co., Ltd. (浙江金鷹絹紡有限公司), and deputy general manager of Zhejiang Jinying Holding Limited, possessing rich experience in corporate management and practice. He was a member of CPPC of Jiaxing, a director of Chinese Silk Industry Association (中國絲綢工業協會) and vice chairman of the silk spinning branch of the Chinese Silk Industry Association.
Mr. Wang Jinlin (“Mr. Wang”), was appointed as an independent non-executive Director on 24 March 2015. Mr. Wang graduated from Zhejiang University and obtained a bachelor’s degree in 1984. He is a senior engineer and used to serve as deputy general manager of Jiaxing Silk Spinning Factory (嘉興絹紡廠), deputy general manager and general manager of Zhejiang Jinying Silk Spinning Co., Ltd. (浙江金鷹絹紡有限公司), and deputy general manager of Zhejiang Jinying Holding Limited, possessing rich experience in corporate management and practice. He was a member of CPPC of Jiaxing, a director of Chinese Silk Industry Association (中國絲綢工業協會) and vice chairman of the silk spinning branch of the Chinese Silk Industry Association.
Dr. Ng Ka Wing (“Dr. Ng”) was appointed as an independent non-executive Director on 8 March 2016. Dr. Ng received a Doctor Honoris Causa of Business Administration in Manufacturing and Services from International American University in April 2019. In the same year, he is elevated as the honorary life chairman of Hong Kong Bus Suppliers Association. Dr. Ng has extensive experience in the manufacturing of motor vehicles. He is now the managing director of a bus manufacturer.
Dr. Ng Ka Wing (“Dr. Ng”) was appointed as an independent non-executive Director on 8 March 2016. Dr. Ng received a Doctor Honoris Causa of Business Administration in Manufacturing and Services from International American University in April 2019. In the same year, he is elevated as the honorary life chairman of Hong Kong Bus Suppliers Association. Dr. Ng has extensive experience in the manufacturing of motor vehicles. He is now the managing director of a bus manufacturer.
Mr. See Tak Wah (“Mr. See”), was appointed as an independent non-executive Director on 27 January 2017. Mr. See graduated from the Management School of Waikato University in New Zealand with first class honours in Bachelor of Management Studies. He is a member of the Institute of Chartered Accountants of Australia and New Zealand, a member of the Hong Kong Institute of Certified Public Accountants and a fellow member of the Hong Kong Institute of Directors.
Mr. See has over 35 years of experience in financial and general management as he previously worked as the regional business controller of Nokia Mobile Phones Asia Pacific, the managing director of Nokia Mobile Phones Hong Kong, the chief operating officer of First Mobile Group Holdings Limited, and held key management positions in the North Asia offices of Philips and Siemens. From 2004 to 2016, Mr. See was appointed as an independent non-executive director and the chairman of the audit committee and a member of the nomination committee of Unisplendour Technology (Holdings) Limited (formerly known as Sun East Technology (Holdings) Limited) (Stock Code: 0365), Mr. See joined Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited (Stock Code: 01938) in 2010 to 2019 and was appointed as an independent non-executive director and chairman of audit committee. Mr. See has also been an independent non-executive director, chairman of the audit committee, a member of the remuneration committee and the nomination committee of Enviro Energy International Holdings Limited (Stock Code: 01102) in 2020 to 2021.
Mr. See currently runs his own boutique management consultancy practice focusing on business strategies formulation and transformation consultation. In addition, he is currently an independent non-executive director and chairman of the audit committee and a member of the nomination committee and the remuneration committee of Lever Style Corporation (Stock Code: 01346).
Mr. See Tak Wah (“Mr. See”), was appointed as an independent non-executive Director on 27 January 2017. Mr. See graduated from the Management School of Waikato University in New Zealand with first class honours in Bachelor of Management Studies. He is a member of the Institute of Chartered Accountants of Australia and New Zealand, a member of the Hong Kong Institute of Certified Public Accountants and a fellow member of the Hong Kong Institute of Directors.
Mr. See has over 35 years of experience in financial and general management as he previously worked as the regional business controller of Nokia Mobile Phones Asia Pacific, the managing director of Nokia Mobile Phones Hong Kong, the chief operating officer of First Mobile Group Holdings Limited, and held key management positions in the North Asia offices of Philips and Siemens. From 2004 to 2016, Mr. See was appointed as an independent non-executive director and the chairman of the audit committee and a member of the nomination committee of Unisplendour Technology (Holdings) Limited (formerly known as Sun East Technology (Holdings) Limited) (Stock Code: 0365), Mr. See joined Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited (Stock Code: 01938) in 2010 to 2019 and was appointed as an independent non-executive director and chairman of audit committee. Mr. See has also been an independent non-executive director, chairman of the audit committee, a member of the remuneration committee and the nomination committee of Enviro Energy International Holdings Limited (Stock Code: 01102) in 2020 to 2021.
Mr. See currently runs his own boutique management consultancy practice focusing on business strategies formulation and transformation consultation. In addition, he is currently an independent non-executive director and chairman of the audit committee and a member of the nomination committee and the remuneration committee of Lever Style Corporation (Stock Code: 01346).