Board of Directors

The Board confines itself to making broad policy decisions and exercising a number of reserved powers to consider and approve financial statements in interim report and annual report and to consider the dividend policy and dividend amount and to monitor the corporate governance of the Company.

The Board confines itself to making broad objectives and strategic decisions while delegating responsibilities for more detailed consideration to various committees including the Strategic Planning Committee, Audit Committee and Remuneration Committee which are established under the Board. Each of these committees has its respective terms of reference and reports its work to the Board regularly and makes suggestions on the matters under discussion. With delegated authority by the Board, the senior management will implement those strategic plans, policies and business plans conferred by the Board and/or the Committees.

The independent non-executive directors (INEDs) play an important role in corporate governance. Half of the members of the Strategic Planning Committee are INEDs, and the Audit Committee and Remuneration Committee comprise members of all INEDs. In this connection, the INEDs provide their independent opinions on matters including strategy, corporate performance and accountability at various committee meetings and Board meetings.

Mr. SHA Hong Qiu (沙宏秋) has been an Executive Director since November 2006. He is also the President of the Company’s power business and a member of the Strategic Planning Committee. Mr. Sha is responsible for the overall operation and management of the Group. Mr. Sha had been awarded various titles, including the Outstanding Entrepreneur of Xuzhou (徐州市優秀企業家) in 2000 and the Outstanding Enterprise Manager of Taicang (太倉市優秀企業管理人才) in 2005. He graduated from the China University of Mining and Technology in 1986, majoring in enterprise management. Mr. Sha is a Senior Economist. He has over 10 years experience in the operation and management of power plants.

Mr. JI Jun (姬軍) has been an Executive Director of the Company since November 2006. He is also a member of the Strategic Planning Committee of the Company. Mr. Ji focuses on strategic planning and business development of the Group’s power business. He has extensive experience in the power industry and has experience in handling corporate finance projects.

Mr. SHU Hua (舒樺) has been an Executive Director of the Company since October 2007 and is the Vice President of the Company. Mr. Shu is responsible for the operational management of the Group’s power business. He has over 10 years experience in the power industry and has joined the Group since June 2004. Mr. Shu has a Master’s degree in Business Administration for Senior Management from the Tongji University in the PRC.

Mr. YU Bao Dong (于寶東) has been an Executive Director since November 2006. He is also the Vice President of the Company. Mr. Yu is responsible for overall development strategy and project implementation for the Group’s power business. He has over 10 years experience in project investment and corporate management. Mr. Yu holds a Doctorate degree in Economics from the Wuhan University in the PRC. Mr. Yu is also the Chairman and a Non-Executive Director of Asia Energy Logistics Group Limited.

Ms. SUN Wei (孫瑋) is the Executive Director of the Company. She re-joins the Company in October 2007 as an Executive Director. She is responsible for the financial management of the Group, including participation in the budget planning process of the Group. Ms. Sun holds a Doctorate degree in Business Administration. Ms. Sun has over 10 years experience in power plant investment and management. Ms. Sun is also a Non-Executive Director of Asia Energy Logistics Group Limited.

Mr. TONG Yee Ming (湯以銘) has been an Executive Director of the Company since July 2008 and is the Chief Financial Officer of the Company. He is an associate member of the Hong Kong Institute of Certified Public Accountants, the Chartered Institute of Cost and Management Accountants of United Kingdom and Certified General Accountants of Canada. He obtained a Bachelor of Arts degree in Business Administration from University of Washington in 1979. In 1980, Mr. Tong obtained a Master of Business Administration degree from Oregon State University. Mr. Tong has broad financial management and accounting experience and had also acted as the chief financial officer and finance director for a number of companies, including listed companies in Hong Kong.