Structure of Company Management
The Mechanism of the Board of Directors
The Board of Directors of the Company consists of 7 directors, 3 of whom are independent directors. The Board of Directors contains the Strategy Committee, the Nomination and Company Management Committee, the Salary and Assessment Committee and the Audit and Risk Committee. Three independent directors are chosen respectively for the Chairmen of Nomination and Company Management Committee, the Salary and Assessment Committee and the Audit and Risk Committee, and the members of the three important professional committees are mainly independent directors. When it comes to major productions and operation decisions, foreign investments, nominations of senior executives and their salaries and appraisals, or internal audits and other matters, the independent directors learn about the facts through interviews or telephone conversations with relevant personnel, reviewing relevant materials in advance and consulting with the board offices to make prudent decisions using their expertise, airing independent opinions and playing an important role in supervision and consultation. The directors of the company, in accordance with the rights conferred by relevant laws and regulations and the Procedures Rule for the Board of Directors, faithfully, honestly and diligently exercise their rights and perform their obligations.
Born in 1964. Graduated with a bachelor's degree in business administration from Tianjin Business University and studied business management at the University of Stuttgart, Germany from 1990 to 1993. Previously worked at the Beijing Cadre Institute of Business Management as well as Siemens and Wera, the two German companies. Joined Sinochem in 1994 and has served as Deputy General Manager of the Finance Department, General Manager of the Fund Management Department, Deputy Chief Accountant of Sinochem Group, and Deputy Director of Finance of Sinochem and concurrently held the role of Deputy General Manager of the Investment and Development Department. Currently the Chief Accountant of Sinochem Group Co., Ltd., President of the Financial Division, Secretary of the Communist Party Committee and Finance Director of Sinochem Co., Ltd. and director of the company.
Board Director, General Manager
Born in 1966. Obtained a bachelor's degree in philosophy from Peking University, and an EMBA degree from Shanghai Maritime University. Previously served as section member and deputy division head of Personnel Department of the Ministry of Foreign Trade and Economic Cooperation and first secretary of Commercial Counsellor's Office at Chinese Embassy in Thailand. Joined Sinochem International in 2000, and successively served as office director of the company, general manager of Sinochem Warehouse Co., Ltd., general manager of Executive Department, vice general manager of Logistics Business Division and general manager of ISO Tank Business Division, general manager of Logistics Business Division, vice general manager of Sinochem International and general manager of Logistics Company. Currently serves as director of the Board, general manager and secretary of CPC Committee of Sinochem International.
Board Director, Vice General Manager
Born in 1960. Obtained a bachelor's degree in Chemicals Automation and Instrumentation from Nanjing University of Chemical Technology, and an EMBA degree from Nanjing University. Previously served as technician of Engineering Section, deputy director and director of Workshop III, section manager of Production Section, and vice factory manager of Yangzhou Pesticide Factory; director and executive vice general manager, director, general manager, deputy chairman and party secretary of Jiangsu Yangnong Chemical Co., Ltd.. Currently serves as board director, vice general manager and member of CPC Committee in Sinochem International.
Yu Dahai, a German-Chinese born in 1961, graduated with a Ph.D from the Chemistry Department of the University of Hamburg, Germany. He joined Degussa in 1990 and served as Director of Strategic Development and Finance of Industrial and Fine Chemicals Division, Director of Agrochemicals and Intermediates Division, CEO of Greater China and Member of Evonik's Global Executive Board. In October 2006, he became Chairman and CEO of Evonik (China) Co., Ltd. and President of Evonik Greater China. In April 2011, he joined Evonik's Global Executive Board and became a member of Evonik's global core management team. In December 2013, he left Evonik for personal reasons. Currently an independent director of the company, Chairman of Dr. Yan Consulting and Investment Company, operating partner of Anhong Capital and consultant to Temasek International.
Born in 1967. Graduated with a bachelor's degree in laws from Fudan University. Worked as a legal adviser to Shandong Marine Chemical Corporation from 1989 to 1996, an employee at Shandong Qiushi Law Firm from 1996 to 1999, and an employee at Beijing Dentons Law Firm since 1999. Currently a senior partner and lawyer at Beijing Dentons Law Firm, a member of the Education Committee of the All China Lawyers Association, an executive director of the professional committee of salaries and pays of the China Association for Labor Studies and an independent director of the company.
Born in 1965. Graduated from the Department of Accounting of Renmin University of China with a Ph.D. Currently an independent director of the company, a professor and doctoral tutor in the Accounting Department of the Business School at Renmin University of China, and an independent director of three listed companies, namely HNA Holdings, Everbright Securities and CITIC Heavy Industries Co., Ltd.
The mechanism of the Supervisory Committee
The Supervisory Committee of the company has three members, including two shareholders' representative supervisors and one employees' representative supervisor who was elected by the company's congress of workers and staff in accordance with relevant regulations. The day-to-day work of the Supervisory Committee includes diligently and conscientiously reviewing the company's quarterly, semi-annual and annual financial statements and other matters and making audit opinions in written form; supervising the actions to fulfill duties of the company's directors and senior managers and supervising the company's major investments and major financial decisions.
Chairman of Supervisory Committee
Born in 1966. A Ph.D. in Management from Huazhong University of Science and Technology. Joined Sinochem in 1988 and has served as Deputy General Manager of the Sinochem International Fertilizer Trading Company, Deputy Director of the Fertilizer Center, Executive Vice President of Sinochem Blue Sky, General Manager of the Risk Management Department of Sinochem Co., Ltd., Member of the Party Group Discipline Inspection Commission, Director of the Audit Compliance Department, Secretary of the Party Group, Chief of Staff and Director of the General Office. Currently the employees' representative supervisor of Sinochem Group Co., Ltd., Secretary of the Party Group, Board Secretary, Director of the General Office and Chairman of Supervisory Committee.
Born in 1975. Dual bachelor's degrees in organic chemical technology and technical economics from Tianjin University. Joined Sinochem in 1997 and has served as GM assistant and deputy General Manager of Beinongkangdi of the Sinochem Group's Investment Department, Manager of the Project Development and Investment Departments, Deputy General Manager of Sinochem Hebei, Deputy General Manager of the Strategic Planning Department of China Sinochem Corporation/China Sinochem Co., Ltd. Currently the Deputy Director of the Innovation and Strategy Department of China Sinochem Corporation and Supervisor of the Company.
Born in 1964. Obtained a bachelor's degree in Financial Accounting from Shanghai Maritime University, and an EMBA degree from Murdoch University (Australia). Previously worked for Singapore Neptune Orient Lines, Hong Kong Rillfung Co., Ltd., Hainan Shipping, Financial Department at Sinochem International, etc. Successively served as general manager assistant of Hong Kong Rillfung Co., Ltd., vice general manager of Financial Department at Sinochem International, general manager of Hainan Shipping, general manager and CFO of Financial Department at Sinochem International, vice general manager of Sinochem International and general manager of Risk Management Department, vice general manager of Sinochem International and general manager of Audit Department, etc., and currently serves as vice secretary of CPC Committee, general counsel and union chairman in Sinochem International.