Board of Directors

Mr Li Xiang Ping started his career as an accountant at Dongming County Medicine Company in 1983. He joined the Dongming County Audit Bureau as their deputy bureau officer in 1986 where he managed internal discipline issues. In 1993, he joined Dongming County Petroleum Refining Factory as the finance manager. Mr Li subsequently became the chief accountant of Dongming County Petroleum Refining Factory and was overall in charge of the financial management of the factory.

In 1998, Mr Li was appointed as the director and chief auditor of Shandong Dongming Petrochem Group Company Limited (“Dongming Petrochem”) and was responsible for the daily operations of the business as well as the accounting functions of the company. In 2001, Mr Li was appointed chairman of Dongming Petrochem group and has since been responsible for the overall development and operations of the business. Mr Li is a People’s Representative in the annual National People’s Congress of Shandong Province.

Mr Li is also a deputy chairman of the Dongming County Chinese People’s Political Consultative Conference. Mr Li received a senior auditor qualification from the Shandong Province Audit Profession Advance Accreditation Committee in December 1998 and a senior accounting qualification from the Shandong Province Accounting Profession Advance Accreditation Committee in December 1999. Mr Li obtained a Bachelor’s degree in Financial Accounting from the University of Shandong Officials in 1999 and has completed a business administration graduate programme offered by the Shandong University in December 2004.

Mr Li was appointed as the chairman of the Association of oil & petrochemical Refinery in the Shandong province (山东省炼油化 工协会) since 2015 and appointed as the Vice President of China Petroleum and Chemical Industry Federation (中国石油和化学工 业联合会) since 2017.

During 2018, Mr Li was appointed as the Chairman of Shandong Refining and Energy Group Co., Ltd. (山东炼化能源集团有限公 司), an entity in which Shandong Dongming Petrochemical Group has an influential controlling stake. He was also appointed as the Vice Chairman of the 12th All-China Federation of Industry and Commerce (十二届全国工商联). In addition, Mr Li was accoladed the award of “100 Outstanding Private Entrepreneurs in 40 Years of Reform” (改革开放40年百名杰出民营企业家).

Mr Zhang Liu Cheng is Deputy General Manager (Finance and Administration) of our subsidiary, Dongming Hengchang. Mr Zhang worked in Dongming County Finance Department as an accountant between 1996 and 2001 where he was responsible for the accounting functions of the department. In June 2004, Mr Zhang joined Dongming Hengchang as its financial controller overseeing the daily operations of the financial management and the overall financial management of Dongming Hengchang.

Currently, he serves as the deputy chairman of the corporate branch of the Revolutionary Committee of the Chinese Kuomintang (Xicheng district) (中国国民党革命委员会会西城区企 业支部副主 委) and a member of the Economic Committee (西城区经济委员 会委员). He is also the deputy chairman of the Dongming County Association of Industry and Commerce (东明县工商联副主席) and a member of the standing committee of the Chinese People’s Political Consultative Conference (东明县政协常委) in Dongming county. He is also a member of the Joint Experts Committee in the China Petrochemical and Gasoline Association (中国石化联合会油 气专家委员会).

Mr Zhang obtained a Bachelor’s degree in 1996 from Shandong University in Accounting. From 2001 to 2004, Mr Zhang studied at the China Agricultural University and attained a Masters in Agricultural Economy Management. He is a Certified Accountant (Higher level) in China since 2014 and a Certified Public Valuer qualification from the Ministry of Finance of the PRC.

Mr Li Zhi was appointed as the non-executive director of Sinostar PEC Holdings on 29 April 2019.

Mr Li concurrently serves as the director and vice president of its strategic affiliation - Shandong Dongming Petrochem Holdings Group (“Dongming Petrochem”), the general manager of overseas operations, and the director and general manager of Pacific commerce Holdings Pte Ltd. Prior to joining Dongming Petrochem in April 2017, he was responsible for the roles of business executive and business manager in PetroChina International Co., Ltd. (China National United Oil Corporation) from July 2007 to April 2017. From October 2009 to October 2015, he was appointed as the finance minister of PetroChina International (Japan) Co., Ltd. and the supervisor of the Osaka International Refining Co., Ltd in Japan.

Mr Li attained a master’s degree in the Master of Business Administration (MBA) program at Guanghua School of Management, Peking University from September 2015 to July 2017.

From July 2003 to July 2007, Mr Li studied at the School of Economics and Management of Beijing Jiaotong University and obtained a bachelor’s degree in Information Management and Information Systems.

Mr Teo Moh Gin currently holds directorship in Vive Capital Pte. Ltd and is involved in investment related work. Mr Teo has more than 25 years of global experience in finance, business development and consulting. He started his career in 1983 as a consultant with Arthur Andersen where he was in charge of various management consultancy projects. In 1990, he joined the Government of Singapore Investment Corporation as a senior investment officer (real estate department) and was responsible for the acquisition and management of prime commercial assets.

In 1998, he joined System Access Ltd as its financial officer overseeing the finance and corporate development of the company. He was also previously with the Transword Carnival Corporation as its chief executive officer and was responsible for the overall management of the company. He joined GKE International Ltd as their executive vice president and was responsible for their merger and acquisitions function as well as business development of the company. Between March 2006 and January 2007, he was the chief corporate officer of Richland Group and was responsible for the corporate development of the company.

Mr Teo obtained a Bachelor of Accountancy (Honours) from the National University of Singapore in 1983 and a post-graduate diploma in Business Administration from the University of Manchester in 1998.

Mr Zhao Jinqing has more than 30 years of experience in the import and export licensing administration in China. He began his career in 1970 in the Lanzhou Military Region. In 1986, he went on to join the International Trade Administrative Bureau of the State Economic and Trade Commission. Between 1993 and 2014, Mr Zhao took on various positions within the Ministry of Foreign Trade and Economic Cooperation (“MOFTEC”) and retired from MOFTEC in June 2010 from his last position as its Deputy Director General, Quota and License Administrative Bureau of the MOFTEC.

Mr Zhao holds a Bachelor’s degree in Chinese Major from the Central Radio and Television University in 1985. He studied English full time at the University of International Business and Economics in 1992. In 2005, he obtained a Bachelor’s degree of Economic Management from Party School of the Central Committee of the Communist Party of China.