공시 • Aug 04
China Hongqiao Group Limited Announces Board Changes, Effective 4 August 2025
The board of directors of China Hongqiao Group Limited announced that: Mr. Tian Mingming resigned to act as a non-executive Director with effect from 4 August 2025 due to work reallocation; and Mr. Zhang Hao has ceased to act as an alternate Director to Mr. Tian with effect from 4 August 2025 subsequent to the resignation of Mr. Tian due to Mr. Tian's resignation. The Board announced that Mr. Tu Yikai has been appointed as a non-executive Director with effect from 4 August 2025. The biographical details of Mr. Tu are set out below pursuant to Rule 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). Mr. Tu, aged 49, graduated from Chongqing University in June 1999 and obtained a bachelor's degree, majoring in industrial foreign trade. He also graduated from University of Science and Technology Beijing in March 2002 and obtained a master's degree, majoring in enterprise management. From April 2002 to June 2002, Mr. Tu served as the account manager in the corporate business department of the banking department at the head office of China CITIC Bank Corporation Limited. From June 2002 to October 2002, he served as the account manager of the Fuhua Building Sub-Branch of the banking department at the head office of CITIC Bank. From October 2002 to September 2006, he successively served as the account manager and senior account manager in the investment banking department of the banking department at the head office of CITIC Bank. From September 2006 to March 2008, he successively served as the deputy manager and manager of the strategic clients department of the corporate banking department of the banking department at the head office of CITIC Bank. From March 2008 to December 2008, he served as the assistant general manager of the corporate banking department and manager at the strategic clients department of the banking department at the head office of CITIC Bank. From December 2008 to April 2010, he successively served as the senior manager and deputy general manager of the second division of trust business of CITIC Trust Co. Ltd. From April 2010 to July 2013, he successively served as the deputy general manager and general manager of the third division of trust business of CITIC Trust. From July 2013 to June 2015, he served as the business director of CITIC Trust. Since June 2015 to November 2021, he has been the deputy general manager of CITIC Trust. From November 2021 to April 2024, he served as deputy general manager and secretary to the board of directors of CITIC Trust. From 28 December 2023 to 11 July 2024, he served as a non-executive Director of the Company. From April 2024 to January 2025, he served as a member of the party committee, the deputy general manager and secretary to the board of directors of CITIC Trust. From January 2025 to June 2025, he served as deputy secretary of the party committee, deputy general manager and secretary to the board of directors of CITIC Trust. Since June 2025, he has served as deputy secretary of the party committee, general manager and secretary of the board of directors of CITIC Trust. Mr. Tu has also served various concurrent positions including the chairman of the board of CITIC-prudential Fund Management Company Ltd. since October 2021) and Shanghai CPE Asset Management Co. Ltd. (formerly known as CITIC-CP Asset Management Company Ltd. (since January 2022). Since April 2022, he has also served, from time to time, as a director of CTI Capital Management Limited. He has also been the director of China Trust Registration Co. Ltd. (since March 2022), CT Suntory Trading Co. Ltd. (since January 2025) and China Trust Protection Fund Co. Ltd. (since April 2022), and has been the vice chairman of China Trustee Association (since December 2021) and the board member of CITIC Foundation (since June 2021). He obtained the fund qualification from Asset Management Association of China in 2002 and also obtained the qualification of Certified Public Accountant in China in 2005. The Board also announces that Mr. Zhang has been appointed as an alternate Director to Mr. Tu with effect from 4 August 2025. The biographical details of Mr. Zhang are set out below pursuant to Rule 13.51(2) of the Listing Rules. Mr. Zhang, aged 51, graduated from University of International Business and Economics with a bachelor of economics degree majoring in international finance in July 1996. Mr. Zhang served as a foreign exchange trader and the deputy manager of the treasury department of China CITIC Bank Corporation Limited successively from August 1996 to June 2003. He served as a director of the financial market department of Calyon Hong Kong Limited from July 2003 to June 2005, and an executive director of the financial market department of Bear Stearns Asia Limited from July 2005 to June 2008. He also served as the managing director of the financial market department of Standard Chartered Bank (HK) Ltd., from July 2008 to July 2014. From 11 December 2017 to 2 February 2018 and from 31 August 2018 to 27 January 2021, he served as an alternate Director to Mr. Chen Yisong, a former non-executive Director. From 27 January 2021 to 29 December 2022, he served as an alternate Director to Mr. Li Zimin, a former non-executive Director. From 29 December 2022 to 28 December 2023, he served as an alternate Director to Mr. Liu Xiaojun, a former non-executive Director. From 28 December 2023 to 11 July 2024, he served as an alternate Director to Mr. Tu. From 11 July 2024 to 4 August 2025, he served as an alternate Director to Mr. Tian. Since August 2014, Mr. Zhang has served as the chief executive officer and the director of CTI Capital Management Limited and also served in CTI Capital Hong Kong Limited, being a wholly-owned subsidiary of CTI Capital Management Limited and holding licenses issued by the Securities and Futures Commission of Hong Kong to carry out regulated activities, as the chief executive officer, the director, the responsible officer for type 1 (dealing in securities) and type 4 (advising on securities) regulated activities and the licensed representative for type 9 (asset management) regulated activities.
