Our Board consists of seven members, including four executive Directors and three independent non-executive Directors. Our Board oversees our overall policies, strategies and objectives, key operational initiatives, performance and measurement, internal controls and risk management, major funding and investment proposals, financial performance reviews and corporate governance practices. Approval of our Board is required for such matters including but not limited to corporate restructuring, mergers and acquisitions, major investments and divestments, material acquisitions and disposals of assets, major corporate policies on key areas of operations, share issuance, dividend and other returns to shareholders, acceptances of bank facilities, annual budget and release of our Group’s financial results.
Chairman of our Board and executive Director
Mr. Zhou Yuding was first appointed as an Executive Director and Chairman of the Board of the Group on 23 February 2024. He is mainly responsible for the overall corporate strategies, strategic planning and development of the Group.
Mr. Zhou has extensive experience in corporate management and asset management. He is a senior economist of the PRC. He is currently a director and General Manager of Asset Management Department of Shanghai Industrial Investment (Holdings) Co., Ltd., a supervisor of Shanghai Pharmaceutical (Group) Co., Ltd., a director of Shanghai Shangtou Property Management Co., Ltd. (上海上投資產經營有限公司), a director of Shanghai Galaxy Investments Co., Ltd., a director of Shanghai SIIC Capital Management Co., Ltd. (上海上 實資本管理有限公司), a director of Tianjin Trust Co., Ltd., the chairman of Nanfang Water Services Co., Ltd. and a director of Shanghai State-owned Capital Investment Parent Fund Co., Ltd. (上海國有資本投資母基金有限公司), and a director of Shanghai Research Institute of Building Sciences Group Co., Ltd. (a company listed on the Shanghai Stock Exchange (stock code: 603153)). 上海上投資產經營有限公司, a director of Shanghai Galaxy Investments Co., Ltd., a director of Shanghai SIIC Capital Management Co., Ltd. (上海上實資本管理有限公司), a director of Tianjin Trust Co., Ltd., the chairman of Nanfang Water Services Co., Ltd. and the chairman of Shanghai State-owned Capital Investment Parent Fund Co., Ltd. (上海國有資本投資母基金有限公司).
He has held several positions, including but not limited to the deputy director of the office, the deputy director of the allocation and guarantee division, the deputy director of the property rights management division and the director of the comprehensive coordination division of the Municipal State-owned Assets Supervision and Administration Commission of Shanghai.
Mr. Zhou graduated from Fudan University in July 1996 with a master’s degree in Management Information Systems.
Executive Directors & CEO
Mr. Zhu was first appointed as the Executive Director of the Group on 3 May 2021 and was re-elected on 29 April 2022. Mr. Zhu has been appointed as the Chief Executive Officer since 28 September 2023. He is mainly responsible for the overall management of the Group’s strategy, business, operation, administration, and financial matters.
Mr. Zhu has extensive management and operation experience. He served as the Deputy General Manager of SIIC Management (Shanghai) Limited from March 2021 to September 2023, the Deputy General Manager of Shanghai Galaxy Investments Co., Ltd. from June 2019 to March 2021, the Deputy General Manager of the Administration Department of Shanghai Industrial Investment (Holdings) Company Limited from June 2018 to June 2019. Mr. Zhu was in the military service from September 1995 to June 2018.
Mr. Zhu is currently the deputy chief executive officer of Shanghai Industrial Holdings Limited, the president of Shanghai Overseas Co., Ltd., the director of Tianjin Trust Co., Ltd., the chairman of SIIC Environment Holdings (Wuhan) Co., and serves as the director in certain subsidiaries of the Company.
Mr. Zhu obtained a bachelor’s degree in English in 1999 and a master’s degree in International Relations in 2003 from the University of International Relations, PRC and obtained the Certificate of Fund Qualification from the Asset Management Association of China in October 2020. Mr. Zhu is also a council member of Shanghai Young Entrepreneurs Association since September 2020.
Mr. Xu Xiaobing was first appointed as an executive Director of the Group on 5 November 2014 and was last re-elected on 30 April 2019. Mr. Xu also served as the Chief Executive Officer of the Group from 16 November 2018 to 15 January 2021. He is mainly responsible for risk management of the Group.
Mr. Xu has more than 20 years’ professional experience in corporate management and other aspects. From February 2000 to December 2016, he had held various senior positions in SIIC Management (Shanghai) Limited such as deputy head of investment planning department, the head of integrated management department, the assistant general manager, deputy general manager and the general manager. Mr. Xu is currently the president of Shanghai Industrial Development Co., Ltd, a company listed on Shanghai Stock Exchange (stock code: 600748), and holds positions as director and chairman in certain subsidiaries of the Group.
Mr. Xu graduated from Peking University in the PRC in July 1989 with a bachelor’s degree in economics and graduated from Guanghua School of Management, Peking University with a master’s degree in business administration in July 1998.
Mr. Jiang, aged 48, has over 20 years of extensive experience in financial management, investment, and asset management fields. He served as several management positions in SIIC Management (Shanghai) Co., Ltd.. He was the Financial Director and Deputy General Manager of Shanghai Huning Expressway (Shanghai Section) Development Co., Ltd. and Shanghai Shenyu Highway Construction Development Co., Ltd., as well as the Director of General Water of China Co., Ltd. Mr. Jiang has served as the Vice president of Shanghai Overseas Enterprises Corporation Ltd. since September 2019. He is currently holding several positions, including but not limited to the Deputy General Manager of SIIC Management (Shanghai) Co., Ltd., the Director of Shanghai SUS Environment Co., Ltd. and the Director of Tianjin Pharmaceutical Holdings Co., Ltd..
Mr. Jiang obtained a bachelor’s degree in Economics from the School of Accountancy at Shanghai University of Finance and Economics in 1997 and a Master of Business Administration from the Antai College of Economics Management, Shanghai Jiao Tong University in 2005. He obtained the qualification of China Certified Public Accountant in 1999 and the title of Senior Accountant of China in 2016.
Mr. Yang, aged 42, has extensive experience in corporate governance and finance fields. He had worked in the Accounting Center, Financial Innovation Department and General Manager's Office of Aerospace Science & Industry Finance Co., Ltd. from October 2004 to January 2014, worked in the Comprehensive Management Department of Beijing Enterprises Group Finance Co., Ltd. from February 2014 to September 2014, the Head of the Comprehensive Management Department of CECEP Finance Co. Ltd. from November 2014 to January 2018, an assistant to the General Manager in CECEP Finance Co. Ltd. from February 2018 to August 2022.
Mr. Yang is currently the Deputy General Manager and the Head of Finance of CECEP (Hong Kong) Investment Co., Ltd., an Executive Director of Carbon Reserve Investments Limited and a Director of CECEP (Hong Kong) Treasury Management Co., Ltd.. He is also the Vice President of the Hong Kong Green Finance Association and a member of the Board of the China Emissions Exchange.
Mr. Yang obtained a bachelor’s degree in Economics from Beihang University in June 2004 and a master’s degree in Financial Management from Beihang University in December 2019. He holds the title of Intermediate Economist and the qualification of Senior Information System Project Manager.
Independent Non-executive Directors
Mr. Yeo Guat Kwang was first appointed as a non-executive Director of the Group on 23 September 2009. He served as an independent non-executive Director of the Group from April 2010 and was last re-elected on 30 April 2019. He is mainly responsible for providing independent advice on the operation and management of our Group.
Mr. Yeo is the Assistant Director-General of the National Trade Unions Congress (NTUC) of Singapore, and is also the chairman of Migrant Workers’ Centre and Centre For Domestic Employees of Singapore. He had been a member of the Parliament of Singapore from January 1997 to August 2015. He was also the president of the Consumers Association of Singapore from June 2003 to June 2012. Mr. Yeo is also currently an independent non-executive director of several companies, namely Koyo International Ltd., a company listed on the SGXST (stock code: 5OC), G.H.Y Culture & Media, a company listed on the SGX-ST (stock code: XJB) and Motorway Automotive Pte Ltd..
Mr. Yeo obtained a Honours bachelor’s degree in Arts and Social Sciences from the National University of Singapore in 1986 and a master’s degree in Public Administration and Management in Lee Kuan Yew School of Public Policy of the National University of Singapore in 2013. He was conferred Doctorate in Business Administration by United Business Institutes, Brussels in October 2016.
Mr. An Hongjun was first appointed as an independent non-executive Director of the Group on 1 March 2018 and was last re-elected on 28 June 2018. He is mainly responsible for providing independent advice on the operation and management of our Group.
Mr. An is the founder and chairman of Genharmony Capital (君和資本), and has more than 20 years’ professional experience in the environmental industry. Mr. An had held various senior positions in Shanghai Chengtou Holding Co., Ltd., a company listed on the Shanghai Stock Exchange (stock code: 600649) and a member of the SSE Corporate Governance Index, such as the chairman and the president from April 2007 to September 2016.
Mr. An is a member of the private equity professional committee of the Asset Management Association of China. Mr. An obtained a bachelor’s degree in finance from Nankai University in the PRC in July 1992. He obtained a master’s degree in world economics from Fudan University in July 2001 and doctor’s degree in world economics from Fudan University in January 2005. Subsequently, he received a doctor’s degree in global finance business administration from Shanghai Advanced Institute of Finance of Shanghai Jiao Tong University in May 2016. Mr. An was ranked 30th among the “Best CEOs of China’s Listed Companies 2017” by Jiemian News and Jinri Toutiao in 2017.
Mr. Zhong Ming was first appointed as an independent non-executive Director of the Group on 1 March 2018. He was last re-elected on 28 June 2018. He is mainly responsible for providing independent advice on the operation and management of our Group.
Mr. Zhong is currently an executive Director of Yanlord Land Group Limited, a real estate development company listed on the SGX-ST (stock code: Z25). Furthermore, he also holds directorships in various companies in Singapore namely Singapore Ren Ci Hospital, United Engineers Limited, Wearns Brothers Limited.
Mr. Zhong obtained his bachelor’s degree in Commerce from The University of Melbourne.
Senior Management
Mr. Yang has been the deputy general manager of our Company since October 2017. He is responsible for the legal and compliance management of our Group.
Mr. Yang joined our Group as a director of SIIC Environment Holdings (Weifang) Co., Ltd. in December 2010 and has held the position since then. In addition, he has served as a board member of Nanfang Water since July 2012, SIIC Environment Holding (Shenzhen) Co., Ltd., and Yiyang City Tap Water Co., Ltd. since December 2015. He has also been a general manager of SIIC Environment Holding (Shenzhen) Co., Ltd. since September 2016. Mr. Yang joined the SIIC Group in July 2004 and had held several management positions in SIIC Management (Shanghai) Co., Ltd. from July 2004 to May 2016. He has held the positions of administrative director and supervisor of SIIC Management (Shanghai) Co., Ltd. since May 2016.
Mr. Yang obtained a master’s degree in laws (economic law) from Hunan University in the PRC in June 2003, and a master’s degree in professional accountancy from The Chinese University of Hong Kong in November 2014. Mr. Yang obtained a lawyer’s practicing certificate issued by the Ministry of Justice of the PRC in August 1996 and a legal professional certificate issued by the Ministry of Justice of the PRC in September 2002.
Mr. Qin, aged 52, is mainly responsible of the Group’s solid waste business, technology and research development. Mr. Qin joined the Group in May 2020 and has extensive experience in technology, operation and construction. Mr. Qin was a Chief Engineer of Shanghai Environment Group Co., Ltd. (“Shanghai Environment Group”, a company listed on the Shanghai Stock Exchange, stock code: 601200) from July 2014 to May 2020, Deputy General Manager of Shanghai Environmental Investment Co., Ltd. from July 2013 to June 2014, Technical Director and Deputy General Manager of Shanghai Environment Group from May 2008 to June 2013. He held various capacities including Manager of Engineering and Technology Department, Director, Chief Engineer and General Manager of Shanghai Institute for Design & Research Environmental Engineering Ltd. from March 1995 to April 2008.
Mr. Qin obtained his bachelor’s degree and a master’s degree in environmental engineering from the Department of Environmental Engineering of Tongji University in 1992 and 1995, respectively. He is also a committee member of National Technical Committee 451 on Municipal Environmental Sanitation Standardization Administration of China (SAC/TC451).
Ms. Xu Xiaoqing, aged 42, is mainly responsible for the Group’s internal audit function. Ms. Xu has extensive internal control and auditing experience. She served as an auditor in the audit department of Ernst & Young from September 2003 to July 2004, a senior manager in the corporate management department of SIIC Management (Shanghai) Limited （上實管理（上海）有限公司）from July 2004 to April 2008 and served as the director of the audit department and Chairman of the labour union currently. She has been the deputy general manager and Chief Financial Officer of Shanghai Huning Express Way (Shanghai section) Development Co., Ltd. （上海滬寧高速公路（上海段）發展有限公司） and Shanghai Shenyu Highway Construction Development Co., Ltd. （上海申渝公路建設發展有限公司） since October 2019. Ms. Xu also serves as a director of Longjiang Environmental Protection Group Co., Ltd., a subsidiary of the Group.
Ms. Xu obtained a bachelor’s degree in economics and a master’s degree in western economics from Shanghai University of Finance and Economy in July 2000 and March 2003, respectively. She is also a member of the Chinese Institute of Certified Public Accountants and a Certified Internal Auditor.
Mr. Qiu, aged 56, is mainly responsible for the supervision and management of major construction projects, safety production and other related work of the Group. Mr. Qiu joined the Company in 2020, and served as the general manager of an indirect non-wholly owned subsidiary of the Company, Shanghai SIIC Baojin’gang Environmental Resources Technology Co., Ltd. (“Baojingang”) from August 2020 to October 2022 responsible for the construction and management of Baojingang project. Mr. Qiu also served as the deputy director of labour department, the deputy director of equipment department, the deputy director of operation and reform department and other positions in Baosteel Company and Shanghai Pudong Iron and Steel Company Limited, where he built profound work experience. Mr. Qiu has strong level of corporate management, outstanding execution ability, and strong ability and extensive experience in organization, coordination and business development. Mr. Qiu also focuses on enterprise production and operation risk and safety production, and is familiar with major project construction, management and safety production.
Mr. Qiu obtained a bachelor’s degree in economic management from the Correspondence College of the Central Party School in December 2003.