Corporate Governance

Board of Directors

Executive Director
Mr. Wu Xiangdong

Mr. Wu Xiangdong, aged 50, joined the Company in 2005 and was appointed as an Executive Director of the Company in June 2009 and had worked as Executive Vice President, Managing Director and the Chairman of the Board for the Company. He is also the chairman of the Nomination Committee and a member of the Executive Committee and the Corporate Governance Committee of the Company. 

 

Mr. Wu holds a Double Bachelor’s degree in Construction Management and Engineering Mechanics, as well as a Master’s degree in Municipal Engineering from Tsinghua University in China and an MBA degree from the University of San Francisco in the United States. Mr. Wu joined China Resources (Holdings) Company Limited in 1993. 

(Updated as of  December 31, 2017)

Mr. Tang Yong (CEO)

Mr. Tang Yong, aged 47, joined the Company in 2001 and was appointed as Managing Director of the Company in June 2013 and Vice Chairman of the Company in November 2014, and ceased to be the Vice Chairman of the Board of the Company and was appointed as the CEO of the Company on December 4, 2018. He is responsible for leading the Board of the Company and formulating the strategies and policies of the Group. He is also the chairman of the Executive Committee and a member of the Corporate Governance Committee of the Company.

 

Mr. Tang has a Bachelor’s degree of Engineering in Industrial and Electrical Automation from Tongji University in China and an MBA degree from the University of San Francisco in the United States. Mr. Tang has extensive experience in property management and corporate management. He joined China Resources (Holdings) Company Limited in 1993, and had worked for China Resources Property Management Limited. 

 

(Updated as of  December 04, 2018)

Mr. Li Xin (President)

Mr. Li Xin, aged 47, joined the Company in 2001 and was appointed as a Co-president of the Company and the chairman of the Company’s East China Region in July 2016, and he was appointed as the President of the Company on December 4, 2018. He is responsible for the day-to-day operations of the Group. He is also a member of the Executive Committee of the Company. 

 

Mr. Li has a Bachelor’s degree of Management from Dongbei University of Finance & Economics and a Master of Science degree in Project Management from Hong Kong Polytechnic University. Mr. Li has extensive experience in property management and corporate management. He joined China Resources (Holdings) Company Limited in 1994, and had worked for China Resources Property Management Limited. 

(Updated as of  December 04, 2018)

Mr. Zhang Dawei (Vice Chairman)

Mr. Zhang Dawei, aged 50, joined the Company in 2006 and was appointed as a Co-president of the Company and the chairman of the Company’s North China Region in July 2016, and he was appointed as the Vice Chairman of the Board of the Company on December 4, 2018. He is also a member of the Executive Committee of the Company.

 

Mr. Zhang has a Bachelor’s degree of Structural Engineering and a Master’s degree of Earthquake Engineering from Dalian University of Technology, and an EMBA degree from China Europe International Business School in China. Mr. Zhang has extensive experience in property management and corporate management. Mr. Zhang joined China Resources (Holdings) Company Limited in 1994, and had worked for China Resources Construction Co., Limited. 

 

(Updated as of  December 04, 2018)

Mr. Xie Ji

Mr. Xie Ji, aged 45, joined the Company in 2001 and was appointed as a Senior Vice President of the Company in June 2013 and an Executive Director of the Company in April 2017, and is responsible for strategy, investment and operation. He is also a member of the Executive Committee of the Company. 

 

Mr. Xie has a Bachelor’s degree in Civil Engineering from Tongji University, and an EMBA degree from China Europe International Business School in China. Mr. Xie has extensive experience in real estate management and corporate management. Mr. Xie joined China Resources (Holdings) Company Limited in 1993, and had worked for China Resources Construction Co., Limited. 

(Updated as of  December 31, 2017)

Mr. Shen Tongdong

Mr. Shen Tongdong, aged 51, was appointed as a Senior Vice President and Chief Information Officer of the Company in July 2016, who is also in charge of the information technology department and China Resources Property Technology Services Limited, and he was appointed as executive director of the Company on December 4, 2018. Mr. Shen has a Bachelor’s degree of Accounting from Shanghai University of Finance and Economics and a MBA degree from the University of San Francisco. He is also a member of the Executive Committee of the Company.

 

Mr. Shen joined China Resources (Holdings) Company Limited in 1991, and worked in its Audit Department and also China Resources (Shenzhen) Company Limited. Mr. Shen joined the Company in 2005.

(Updated as of  December 04, 2018)

Non-Executive Director
Mr. Yan Biao

Mr. Yan Biao, aged 55, was appointed as an Executive Director of the Company in February 1996 and was re-designated as Non-Executive Director in February 2006. Mr. Yan is the Chief Legal Officer of China Resources (Holdings) Company Limited. Mr. Yan is also an Executive Director from December 1994 to March 2006 and a Non- Executive Director from March 2006 to April 2016 of China Resources Beer (Holdings) Company Limited, which is listed on the Main Board of The Stock Exchange of Hong Kong Limited. 

 

Mr. Yan has a Bachelor of Laws degree from the Peking University, China and an MBA degree from the University of San Francisco, USA. He joined China Resources (Holdings) Company Limited in 1985.

(Updated as of  December 31, 2017)

Mr. Chen Ying

Mr. Chen Ying, aged 47, was appointed as a Non-executive Director of the Company in June 2012 and is also a member of the Audit Committee of the Company. He is also a Non-executive Director of China Resources Cement Holdings Limited, China Resources Gas Group Limited and China Resources Power Holdings Company Limited, and was the Non-executive Director of China Resources Beer (Holdings) Company Limited from May 2012 to April 2016. These companies are listed on the Main Board of The Stock Exchange of Hong Kong Limited. He was appointed as the Chief Strategy Officer of China Resources (Holdings) Company Limited in July 2013 and the General Manager of its Strategy Management Department in October 2011. Mr. Chen was a Director of China Resources Sanjiu Medical & Pharmaceutical Co., Ltd. (listed on the Shenzhen Stock Exchange) and China Resources Double-Crane Pharmaceutical Co., Ltd. (listed on the Shanghai Stock Exchange). He has worked as Project Engineer, Project Manager and Manager of Procurement Department and Executive Director of China Resources Construction (Holdings) Limited, from September 1993 to March 2002. Besides, he was also the Managing Director of China Resources Land (Beijing) Limited from March 2002 to October 2011 and a Director of the Company from March 2003 to February 2006. 

 

Mr. Chen obtained a Bachelor’s degree of Architectural Management from the Tsinghua University, China in 1993 and a Master’s degree of Business Administration from University of Oxford, the United Kingdom, in 2007. Mr. Chen joined China Resources Group in 1993. 

(Updated as of  December 31, 2017)

Mr. Wang Yan

Mr. Wang Yan, aged 46, was appointed as a Non-executive Director of the Company in August 2014 and he is also a member of the Audit Committee of the Company. Mr. Wang joined China Resources National Corporation in July 1994. He worked for China Resources Petrochems (Group) Company Limited (currently known as Sinopec (Hong Kong) Petroleum Holding Company Limited) from 2000 to 2006. Mr. Wang was appointed as a Director of China Resources Gas Limited in November 2005. He was a Deputy General Manager of China Resources Gas (Holdings) Limited from September 2007 to April 2012. He was a Deputy General Manager of the Internal Audit Department of China Resources (Holdings) Company Limited from April 2012 to January 2016 and was appointed as the General Manager in February 2016. He was appointed as a Non-executive Director of China Resources Power Holdings Company Limited, China Resources Cement Holdings Limited and China Resources Gas Group Limited in August 2014 and a Non-executive Director of China Resources Phoenix Healthcare Holdings Company Limited in November 2016, and was a Non-executive Director of China Resources Beer (Holdings) Company Limited from August 2014 to April 2016. These companies are listed on the Main Board of the Stock Exchange of Hong Kong Limited. Mr. Wang holds a Bachelor’s Degree in Economics from the Capital University of Economics and Business, a Master of Business Administration Degree from the University of South Australia and is a qualified PRC Certified Accountant. 

(Updated as of  December 31, 2017)

Mr. Chen Rong

Mr. Chen Rong, aged 45,was appointed as a Non-executive Director of the Company and he is also a member of the Audit Committee of the Company.Mr. Chen was appointed as General Manager of the Finance Department of China Resources (Holdings) Company Limited in February 2016. He was deputy general manager and chief financial officer of China Resources Vanguard Co., Ltd. between September 2014 and January 2016 and was senior tax manager of China Resources Vanguard Co., Ltd. between May 2007 to June 2008. Mr. Chen holds a MBA degree from the Xi'an Jiaotong University and he is a Certified Public Accountant, an Intermediate Accountant and a Certified Tax Agent in China. He has previously worked in Epson Technical Limited, Walmart China Investment Limited and Fuji Electric Technical Services Limited. Mr. Chen joined China Resources (Holdings) Company Limited in May 2007. Currently, Mr. Chen also serves as the non-executive director of China Resources Beer (Holdings) Company Limited (stock code: 291), the shares of which are listed on the Stock Exchange of Hong Kong Limited. 

(Updated as of  December 31, 2017)

Independent Non-Executive Director
Mr. Wan Kam To, Peter

Mr. Wan Kam To, Peter, aged 65, was appointed as an Independent Non-executive Director of the Company in March 2009. He also serves as the chairman of the Audit Committee and a member of the Remuneration Committee, Nomination Committee and Corporate Governance Committee of the Company. Mr. Wan had been a practicing accountant in Hong Kong for over 30 years and has extensive experience in auditing, finance, advisory and management. He is a former partner of PricewaterhouseCoopers Hong Kong. 

 

 

Mr. Wan is currently an Independent Non-executive Director of several companies listed on The Stock Exchange of Hong Kong Limited and chairman/member of their Audit Committees, namely Fairwood Holdings Limited, Harbin Bank Company Limited, Huaneng Renewables Corporation Limited, Kerry Logistic Network Limited, KFM Kingdom Holdings Limited, Target Insurance (Holdings) Limited and Shanghai Pharmaceuticals Holding Company Limited. Mr. Wan is also an independent director of China World Trade Center Co., Ltd. (a company listed on the Shanghai Stock Exchange). Mr. Wan had also served as an Independent Director of Mindray Medical International Limited (a company listed on the New York Stock Exchange, USA), and RDA Micro electronics, Inc. (a company listed on the NASDAQ), and the chairman of their Audit Committees, Independent Non-executive Director of Real Gold Mining Limited and Greater China Professional Services Limited. He is a Fellow of Hong Kong Institute of Certified Accountants, the Association of Chartered Certified Accountants and the Hong Kong Institute of Directors. 

(Updated as of  December 31, 2017)

Mr. Andrew Y. Yan

Mr. Andrew Y. Yan, aged 60, was appointed as an Independent Non-executive Director of the Company in July 2006. He also serves as the chairman of the Company’s Remuneration Committee and a member of the Audit Committee, Nomination Committee and Corporate Governance Committee of the Company. He is the founding Managing Partner of SAIF Partners. Prior to joining SAIF Partners, he was the Managing Director and Head of Hong Kong office of Emerging Markets Partnership, the management company of AIG Asian Infrastructure Funds from 1994 to 2001. From 1989 to 1994, he worked in the World Bank, the Hudson Institute and the US Sprint International Corporation as an Economist, Research Fellow and Director of Strategic Planning and Business Development for the Asia Pacific Region respectively in Washington D.C.. From 1982 to 1984, he was the Chief Engineer at the Jianghuai Airplane Corp.. Mr. Yan received a Bachelor’s degree in Engineering from Nanjing Aeronautic Institute in 1982. He studied in the Master Program in Department of Sociology of Peking University from 1984 to 1986 and received a Master of Arts’ degree from Princeton University in International Political Economy in 1989. He also studied advanced finance and accounting courses at the Wharton Business School in 1995. 

 

Currently, Mr. Yan is also an independent non-executive director of China Petroleum &Chemical Corporation; non-executive director of China Huiyuan Juice Group Limited, eSun Holdings Limited and Guodian Technology & Environment Group Corporation Limited, all of which are listed on the Main Board of the Hong Kong Stock Exchange. Other than that China Petroleum & Chemical Corporation is also listed on the Shanghai Stock Exchange, London Stock Exchange and New York Stock Exchange. He is also an independent director of Blue Focus Communication Group (listed on Shenzhen Stock Exchange — Growth Enterprise Market) and TCL Corporation (listed on the Shenzhen Stock Exchange); and a director of ATA Inc. (listed on Nasdaq). Besides, Mr. Yan is also a director of ATA Online (Beijing) Education Technology Co., Ltd (Its shares were withdrawn from listing on the national Equities Exchange and Quesetion System in China on 10 Oct 2017). 

 

In addition, Mr. Yan was an independent non-executive director of CPMC Holdings Limited (from 17 March 2014 to 31 August 2016) and Cogobuy Group (from 18 Jul 2014 to 1 June 2017); a non-executive director of Digital China Holdings Limited (from 19 December 2007 to 30 June 2016) and Ozner Water International Holding Limited (from 28 Mar 2017 to 26 Sept 2017) (all listed on the Stock Exchange). Mr. Yan was also an independent director of Sky Solar Holdings Ltd (listed in Nasdaq) (from 13 Nov 2014 to 1 Jun 2017). 

(Updated as of  December 31, 2017)

Mr. Ho Hing Ngai, Bosco

Mr. Ho Hin Ngai, Bosco, aged 73, was appointed as an Independent Non-executive Director of the Company in September 2005. He also serves as the chairman of the Corporate Governance Committee and a member of the Audit Committee, Remuneration Committee and Nomination Committee of the Company. Mr. Ho is a graduate from the Department of Architecture of University of Hong Kong. He worked in several renowned architectural practices in UK and HK before founding hpa (previously known as Ho & Partners Architects Engineers and Development Consultants Limited) in 1980. He is Authorized Person (Architect) Hong Kong, Member of Hong Kong Institute of Architects and of Royal Institute of British Architects. The projects he designed can be found in Mainland China, Hong Kong, United Kingdom, India, South-East Asia and Middle East, he has published a book called “Building in China”. 

(Updated as of  December 31, 2017)

Mr. Zhong Wei

Mr. Zhong Wei, aged 48, was appointed as an Independent Non-executive Director of the Company in June 2017. He is also a member of the Audit Committee, Remuneration Committee, Nomination Committee and Corporate Governance Committee of the Company. Mr. Zhong has been a professor at the Department of Economics at Beijing Normal University since 2003. Prior to that, Mr. Zhong had served as an associate professor at Department of Economics at Beijing Normal University from 1999 to 2003. Mr. Zhong worked as a lecturer at the Business School of Jiangnan University from July 1994 to July 1997. Mr. Zhong also served as an assistant engineer at Wuxi Alarm Devices Factory from July 1990 to July 1992. Mr. Zhong graduated from Nanjing University in 1990 majoring in applied physics and from Southeast University in 1994 majoring in industrial economics management. Mr. Zhong received his Doctor’s degree in 1999 from Beijing Normal University majoring in international economics. Between September 2001 and July 2004, Mr. Zhong engaged in postdoctoral research in management science at Tongji University. Mr. Zhong was an independent director of Dongxing Securities Company Limited, the shares of which are listed on the Shanghai Stock Exchange (stock code: 601198). Currently, Mr. Zhong also serves as an independent director for Fudian Bank Co., Ltd. and independent non-executive director of Future Land Development Holdings Limited, the shares of which are listed on the Stock Exchange of Hong Kong Limited (stock code: 1030). 

(Updated as of  December 31, 2017)

Mr. Sun Zhe

Mr. Sun Zhe, aged 51, was appointed as an Independent Non-executive Director of the Company in June 2017. He is also a member of the Audit Committee, Remuneration Committee, Nomination Committee and Corporate Governance Committee of the Company. Mr. Sun is currently the co-director of China Program and senior visiting scholar at the School of International and Public Affairs of Columbia University. He is the founding director of the Center for U.S.-China Relations at Tsinghua University and was a professor of International Affairs and doctoral supervisor of Tsinghua University from 2006 to 2016. Prior to that, he was a professor and deputy director of the Center for American Studies at Fudan University from 2000 to 2006. Professor Sun has taught at the East Asian Institute, Columbia University and Ramapo College, New Jersey. He is the author and editor of twenty-three books on comparative politics and U.S.-China relations. Mr. Sun obtained a Bachelor’s and a Master’s degree in law from Fudan University in 1987 and 1989 respectively and obtained a Doctor’s degree in political science from Columbia University in 2000. He also obtained a Master of Art degree majoring in political science from Indiana State University in 1992. Currently, Mr. Sun serves as an independent non-executive director of MGM China Holdings Limited, the shares of which are listed on the Stock Exchange of Hong Kong Limited (stock code: 2282). 

(Updated as of  December 31, 2017)

Senior Management

Mr. Zhang Liqiang

Mr. Zhang Liqiang, aged 53, was appointed as a Senior Vice President and the Chief Human Resources Officer of the Company when he joined the Company in April 2017. Mr. Zhang has a Master degree of Law from China University of Political Science and Law. He joined China Resources (Holding) Company Limited in 2010, and had worked as Deputy Director of Human Resources department and Director of supervision department. Before then, he worked in Beijing Municipal Government and Beijing Pharmaceutical Group Co., Ltd.. 

(Updated as of  December 31, 2017)

Mr. Chi Feng

Mr. Chi Feng, aged 44, was appointed as a Senior Vice President of the Company in June 2013, and he is also the General Manager of the Company’s East China Region. Mr. Chi has a Bachelor’s degree of International Economic Law from Jilin University and an EMBA degree from China Europe International Business School. Mr. Chi has experience in property and corporate management. Mr. Chi joined China Resources (Holding) Company Limited in 1999, and had worked for China Resources Shanghai Co., Limited and China Resources Sun Hung Kai Properties (Wuxi) Limited. He joined the Company in 2006.

(Updated as of  December 31, 2017)

Mr. Wu Bingqi

Mr. Wu Bingqi, aged 46, was appointed as a Senior Vice President of the Company in October 2013, he is also the General Manager of the Company’s West China Region. Mr. Wu has a Bachelor’s degree of Industrial and Civil Architecture Engineering from Tongji University, China and an MBA degree from the University of South Australia in Australia. Mr. Wu has extensive experience in property and corporate management. Mr. Wu joined China Resources (Holding) Company Limited in 1993, and had worked for China Resources Property Limited and China Resources Construction (Holding) Limited. He Joined the Company in 2007. 

(Updated as of  December 31, 2017)

Mr. Kong Xiaokai

Mr. Kong Xiaokai, aged 49, was appointed as a Senior Vice President of the Company in July 2016 and is also the General Manager of the South China Region of the Company. Mr. Kong holds the double Bachelor degree in Construction Management Engineering and Computer Science and Technology from Tsinghua University, China, and also a Master degree in Construction Economics and Management from the Department of civil engineering of Tsinghua University, China. Mr. Kong has experience in property development and corporate management. He joined China Resource (Holding) Company Limited in 2000, and had worked for China Resources (Shenzhen) Co., Limited and China Resources Sun Hung Kai Properties (Hangzhou) Limited. 

(Updated as of  December 31, 2017)

Mr. Yu Linkang

Mr. Yu Linkang, aged 47, joined the Company in 2005 and was appointed as a Senior Vice President in December 2018, in charge of the Commercial Real Estate Department.

 

Mr. Yu has a Bachelor’s degree of Hotel Management from Beijing International Studies University and an MBA from Wright State University in Ohio, the United States. Mr. Yu has extensive experience in property management and corporate management. He joined China Resources (Holding) Company Limited in 1992, and had worked for China Resources Property Management Limited and China Resources (Shenzhen) Limited.

(Updated as of  December 04, 2018)

Board Committees

Chairman Member
Directors Audit
Committee
Audit
Remuneration
Committee 
Remu
Nomination
Committee
Nomi
Corporate
Governance
CGC
Executive
Committee
Exe
Mr. Wu Xiangdong  
Mr. Tang Yong (CEO)  
Mr. Li Xin (President)  
Mr. Zhang Dawei (Vice Chairman)  
Mr. Xie Ji  
Mr. Shen Tongdong  
Mr. Yan Biao  
Mr. Chen Ying  
Mr. Wang Yan  
Mr. Chen Rong  
Mr. Wan Kam To, Peter  
Mr. Andrew Y. Yan  
Mr. Ho Hing Ngai, Bosco  
Mr. Zhong Wei  
Mr. Sun Zhe  

Memorandum and Articles of Association

 

Nomination Procedure of Directors