Non-Executive Chairman

LI XIANG PING Mr Li Xiang Ping is our Non-Executive Chairman. He started his career as an accountant in 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 incharge 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 and has since been responsible for the overall development and operations of the business. Mr Li is a People’s Representative in the annually National People’s Congress of Shandong Province.

He was also named “2007 Shandong Top 10 Business Man of the Year” by Da Zhong News Group. He 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 accountant 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. In the past,Mr Li was recognised as one of the Top Ten Shandong Province Elitist Youth Entrepreneur,, as one of the Top Ten Outstanding Enterprise Reform Personnel, as a Nationwide Labour Role Model and named as “Shandong Top 10 Business Man of the Year”.



Chief Executive Officer and Executive Director

FAN DENG CHAO Mr Fan Deng Chao is our Chief Executive Officer and Executive Director, he is responsible for the strategic development of our Group as well as overseeing the daily operations and management function of our subsidiary, Dongming Hengchang. Mr Fan has more than 20 years of experience in the petrochemical industry.

He first joined Dongming County Petroleum Refining Factory as an operations technician and was later appointed as the supervisor of the atmospheric-vacuum distillation production plant. Subsequently, he became the operations manager of the factory. In 1997, Mr Fan joined Dongming County Heat and Electricity Company as the general manager and was responsible for the daily operations of the company. In 2000, Mr Fan joined Dongming Hengchang as a deputy general manager and was subsequently promoted to general manager.

Mr Fan obtained a Bachelor’s degree in Operation Management Engineering from Shandong Industry University in July 1989 and a Masters in Engineering from Shandong Technology University in January 2006. He received a senior engineer qualification from the Shandong Province Engineering Profession Advance Accreditation Committee in January 2000.



Independent Director

WU GUOZHI Mr Wu Guozhi is our Independent Non-Executive Director.

He has more than 40 years of experience in the China petroleum industry. He started his career in 1970 in the Oil Transportation Bureau in Jilin Province where he rose quickly to become the Vice Chairman of the Trade Union, as well as Master and Party Branch Secretary of Xinmiao Oil Pump Station. In 1979, he went on to join the Tibet Autonomous Region Oil and Gas Company and served as the vice manager of its petroleum department. Between 1981 and 2010, Mr Wu took on various positions within PetroChina Company Limited and retired from the Group in June 2010 from his last position as its general manager and chairman based in Beijing.

Mr Wu holds a Bachelor’s degree in 1986 from the Daqing petroleum Institute in Business Administration.



Executive Director and Deputy General Manager

ZHANG LIU CHENG Mr Zhang Liu Cheng is an Executive Director of our Group and Deputy General Manager (Finance and Administration) of our subsidiary, Dongming Hengchang.

Mr Zhang worked in the 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 chief financial controller overseeing the daily operations of the financial management and the overall financial management of Dongming Hengchang.

Mr Zhang obtained a Bachelor’s degree in 1996 from Shandong University in Accounting. From 2001 to 2004, Mr Zhang studied in the China Agricultural University and attained a Masters in Agricultural Economy Management. He received an intermediate accountant qualification in May 2002 and a certified public valuer qualification in November 2003 from the Ministry of Finance of the PRC.



Independent Director

TEO MOH GIN Mr Teo Moh Gin is our Independent Non-Executive Director. He is currently a director of 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 in 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 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. He 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.