Executive Directors

• Mr. Liu Wenxuan

  • Mr. WX Liu, aged 38, holds a master degree in finance from Southwestern University of Finance and Economics and a non-practising membership of The Chinese Institute of Certified Public Accountants. Prior to joining the Company, from July 2012 to June 2024, Mr. WX Liu worked in the investment banking division of Cinda Securities Co., Ltd. for the roles of senior manager, vice president, senior vice president, business director, and an underwriting representative of the Securities Association of China.

    Mr. WX Liu has entered into a service contract (the “Service Contract”) with the Company for a term of three years commencing from 19 July 2024 subject to early termination in accordance with the terms of the Service Contract and retirement by rotation and re-election and other related provisions as stipulated in the amended and restated articles of association of the Company (the “Articles”) and the Rules Governing the Listing of Securities (the “Listing Rules”) on the Stock Exchange of Hong Kong Limited (the “Stock Exchange”). Pursuant to the Service Contract, Mr. WX Liu is entitled to (i) an emolument of RMB79,166 per month, which was determined by the Board based on the recommendations of the remuneration committee of the Company (the “Remuneration Committee”) with reference to his role, qualification, level of experience, the contribution to be made by him to the Company and the prevailing market conditions; and (ii) the reimbursement of reasonable expenses incurred in the discharge of his duties under the Service Contract.

• Mr. Liu Dong

  • Mr. Liu, aged 49, holds a Bachelor’s Degree in Accounting from the Shaanxi University of Science and Technology in Xi’An, the People’s Republic of China (the “PRC”). He started his job since July 1997. He had been Deputy Head of Investment Management Department of Xinjiang Xintai Natural Gas Co., Ltd. (“新天然氣*”). He currently holds the position of Head of Office and the Secretary to the Board of 新天然氣. From September 2012 to July 2016, he has ever worked as Assistant to General Manage of Xinjian Xintou Jingmao Development Co., Ltd.* (新疆新投經貿發展有限公司) who is responsible for investment management and internal control. Mr. Liu has obtained Assistant Accountant Qualification Certificate as well as the qualification certificate of board secretary issued by the Shanghai Stock Exchange on June 2019.

     

Non-Executive Directors

• Mr. Yan Danhua

  • Mr. Yan Danhua, aged 56, holds a bachelor’s degree in economics from Shaanxi Institute of Finance and Economics (陝西財經學院) (currently known as Xi’an Jiao Tong University of China (中國西安交通大學)).

    Mr. Yan has more than 20 years of strategic investment and operation management experience in the energy industry. Mr. Yan holds the position of a director and the senior vice president of Xinjiang Xintai Natural Gas Co., Ltd.* (新疆鑫泰天然氣股份有限公司),(a company listed on the Shanghai Stock Exchange (Stock Code: 603393) and a substantial shareholder of the Company (“XTRQ”) from July 2023 to now. Mr. Yan has been appointed as an executive director and the president of AAG Energy Holdings Limited (亞美能源控股有限公司) (Previous Stock Code: 2686 and its listing status was voluntarily withdrawn on the Stock Exchange in July 2023 due to privatisation of the company, now a wholly-owned subsidiary of XTRQ). Mr. Yan was responsible for managing the energy investment projects of China AVIC Trust Co., Ltd. (中航信託股份有限公司) from 2016 to 2018. In 2015, Mr. Yan was the deputy general manager of Guangzheng Group Co., Ltd. (光正集團股份有限公司), a company listed on the Shenzhen Stock Exchange (Stock Code: 002524), and was responsible for the business of natural gas and new energy development. From 2007 to 2013, he worked as the office director of balanced scorecard department for Xinjiang Guanghui Industry Investment Group Co., Ltd. (新疆廣匯實業投資(集團) 有限責任公司) and as the deputy general manager for Guanghui Energy Co., Ltd. (廣匯能源股份有限公司), a company listed on the Shanghai Stock Exchange (Stock Code: 600256), respectively. In Guanghui Energy Co., Ltd., he was responsible for strategic planning, operation management, natural gas project management and the development of conventional gas and oil. From 1999 to 2006, Mr. Yan worked as the general manager at the department of fruit business of Xinjiang Tunhe Co., Ltd. (新疆屯河股份有限公司) (currently known as Cofco Tunhe Sugar Co., Ltd. (中糧屯河糖業股份有限公司), a company listed on the Shanghai Stock Exchange (Stock Code: 600737)).

    Mr. Yan has entered into a letter of appointment (the “Mr. Yan’s Letter of Appointment”) with the Company for a term of three years commencing from 19 July 2024 subject to early termination in accordance with the terms of the Mr. Yan’s Letter of Appointment and retirement by rotation and re-election and other related provisions as stipulated in the Articles and the Listing Rules. Saving for any discretionary bonus as determined by the Board, during the terms of the Appointment and for good and valuable consideration, Mr. Yan will not receive any emolument from the Company for his directorship in the Company.

• Mr. Chen Jianxin

  • Mr. Chen Jianxin, aged 52, graduated from the Communist Party Xinjiang Regiment Committee Party Institution (中共新疆兵團委員會黨校) with a major in accounting and finance by correspondence. He also obtained a qualification certificate of specialty and technology issued by Ministry of Personnel People’s Republic of China for his professional qualification of intermediate level in accounting. Mr. Chen worked in various positions in XTRQ) and its subsidiaries since 2002, including (i) general manager in Miquan Xintai Gas Company Limited* (米泉市鑫泰燃氣有限責任公司) (a wholly-owned subsidiary of XTRQ); (ii) general manager in Xinjiang Xintai Compressed Natural Gas Co., Ltd.* (新疆鑫泰壓縮天然氣有限責任公司) (a wholly-owned subsidiary of XTRQ); and (iii) currently being the deputy general manager and finance director of XTRQ.

    Mr. Chen has entered into a letter of appointment (the “Mr. Chen’s Letter of Appointment”) with the Company for a term of three years commencing from 19 July 2024 subject to early termination in accordance with the terms of the Mr. Chen’s Letter of Appointment and retirement by rotation and re-election and other related provisions as stipulated in the Articles and the Listing Rules. Saving for any discretionary bonus as determined by the Board, during the terms of the Appointment and for good and valuable consideration, Mr. Chen will not receive any emolument from the Company for his directorship in the Company.

Independent Non-Executive Directors

• Ms. Chin Ying Ying

  • Ms. Chin, aged 37, graduated from The Hong Kong Polytechnic University in 2009 with a Bachelor degree of Business Administration in Accountancy with First-class Honours. She is a fellow member of the Hong Kong Institute of Certified Public Accountants and a Certified Internal Auditor of The Institute of Internal Auditors. She is also a Certified Environmental, Social and Governance Analyst awarded by the European Federation of Financial Analyst Societies.

    Ms. Chin has more than 15 years experiences in accounting, internal audit and corporate secretarial related matters. She has been a director of PBP Limited (必信商業夥伴有限公司), a licensed Trust or Company Service Provider (TCSP), since June 2023. She is also the company secretary of DL Holdings Group Limited (德林控股集團有限公司) (stock code: 1709), Summi (Group) Holdings Limited (森美(集團)控股有限公司) (stock code: 756) and Solis Holdings Limited (守益控股有限公司) (stock code: 2227).

    Ms. Chin worked in Roma (meta) Group Limited (羅馬(元宇宙)集團有限公司) (stock code: 8072) as the head of strategy and corporate planning and internal auditor from November 2021 to March 2023 and February 2017 to October 2021 respectively.

     

• Mr. Lee Man Tai

  • Mr. Lee Man Tai, graduated from Lingnan University, Hong Kong in 2000 with a bachelor’s degree in business administration and obtained a master’s degree in business administration in financial services from The Hong Kong Polytechnic University in 2010. Mr. Lee is a fellow member of the Hong Kong Institute of Certified Public Accountants and a fellow member of the Association of Chartered Certified Accountants in the United Kingdom. Mr. Lee has over 14 years of professional experience in accounting and auditing. Mr. Lee worked as an audit assistant of Victor W.N. Ngai & Co., an accountancy firm in Hong Kong, between June 2000 and July 2001. Between September 2001 and April 2006, Mr. Lee worked as an audit supervisor of Grant Thornton International Ltd (now known as BDO Limited). Between October 2006 and October 2012, Mr. Lee acted as the chief financial officer and company secretary of China Yuanbang Property Holdings Limited, whose shares are listed on Main Board of the Singapore Exchange Securities Trading Limited with stock code B2X. Between October 2012 and May 2014, Mr. Lee acted as the chief financial officer and company secretary of China 33 Media Group Limited, whose shares are listed on the Growth Enterprise Market (“GEM”) of the Stock Exchange with stock code 8087. Between July 2014 and April 2015, Mr. Lee acted as the chief financial officer and company secretary of Flying Financial Service Holdings Limited, whose shares are listed on GEM with stock code 8030. Between April and September 2015, Mr. Lee acted as the company secretary of Chanco International Group Limited, whose shares are listed on the Main Board of the Stock Exchange with stock code 264 (“Chanco”); and between April 2015 and January 2016, he acted as the financial controller of Chanco.

• Mr. Zhang Zhenming

  • Mr. Zhang, aged 76, is experienced in the energy industry in China and has served as the Deputy Director of Economics & Technology Research Institute of China National Petroleum Corporation, the Chairman of the Energy Commission of the National Development and Reform Commission of the PRC and the Energy Commission of the China Information Industry Association.

Senior Management

• Mr. Liu Wenxuan

  • Mr. WX Liu, aged 38, holds a master degree in finance from Southwestern University of Finance and Economics and a non-practising membership of The Chinese Institute of Certified Public Accountants. Prior to joining the Company, from July 2012 to June 2024, Mr. WX Liu worked in the investment banking division of Cinda Securities Co., Ltd. for the roles of senior manager, vice president, senior vice president, business director, and an underwriting representative of the Securities Association of China.

    Mr. WX Liu has entered into a service contract (the “Service Contract”) with the Company for a term of three years commencing from 19 July 2024 subject to early termination in accordance with the terms of the Service Contract and retirement by rotation and re-election and other related provisions as stipulated in the amended and restated articles of association of the Company (the “Articles”) and the Rules Governing the Listing of Securities (the “Listing Rules”) on the Stock Exchange of Hong Kong Limited (the “Stock Exchange”). Pursuant to the Service Contract, Mr. WX Liu is entitled to (i) an emolument of RMB79,166 per month, which was determined by the Board based on the recommendations of the remuneration committee of the Company (the “Remuneration Committee”) with reference to his role, qualification, level of experience, the contribution to be made by him to the Company and the prevailing market conditions; and (ii) the reimbursement of reasonable expenses incurred in the discharge of his duties under the Service Contract.

• Mr. Liu Dong

  • Mr. Liu, aged 49, holds a Bachelor’s Degree in Accounting from the Shaanxi University of Science and Technology in Xi’An, the People’s Republic of China (the “PRC”). He started his job since July 1997. He had been Deputy Head of Investment Management Department of Xinjiang Xintai Natural Gas Co., Ltd. (“新天然氣*”). He currently holds the position of Head of Office and the Secretary to the Board of 新天然氣. From September 2012 to July 2016, he has ever worked as Assistant to General Manage of Xinjian Xintou Jingmao Development Co., Ltd.* (新疆新投經貿發展有限公司) who is responsible for investment management and internal control. Mr. Liu has obtained Assistant Accountant Qualification Certificate as well as the qualification certificate of board secretary issued by the Shanghai Stock Exchange on June 2019.