Upholding the highest standards of corporate governance

We are committed to maintaining the highest standard of corporate governance within the Company and its subsidiaries to ensure greater transparency and protection of shareholders’ interests. The Board is collectively responsible for the long-term success of the company and works with Management to achieve this objective.

XU CHENG QIU is the Executive Chairman of our Group, responsible for the overall management, formulation and implementation of our business strategies. He has more than 30 years of experience in the rubber chemical industry. He joined our Group in 1977, when the predecessor of our subsidiary, Shanxian Chemical, was first established. In December 1998, Mr Xu, together with other employees, executed an MBO and he became the Executive Chairman and General Manager of Shanxian Chemical. He was also honoured with numerous awards, amongst them “Outstanding Entrepreneur” award, from the Heze City Economic and Trade Committee and “Excellent Leader in Technological Innovation” by China Rubber Industry Association (CRIA). Mr Xu is part of a group of Chairpersons spearheading the various committees of CRIA. He obtained his degree in Rubber Chemical Engineering from Shandong Chemical College in 1966 and became a qualified senior engineer in 1989.

Xu Jun

Executive Director

XU JUN is our Executive Director and was appointed in November 2013 as the Vice-Chairman of Shandong Sunsine to assist our Chairman, Mr Xu Cheng Qiu, in the strategic planning, direction and overall management of the subsidiary. He joined the Group in 1998 as the head of the management department. In 2003, he was promoted to Assistant to General Manager and subsequently became our Deputy General Manager in 2006. Mr Xu obtained his diploma in Business Administration from Jining University of Technology in 1992 and the ISO9000 Internal Auditor Qualification in 2002.

Liu De Ming

Executive Director

LIU DE MING was appointed as Executive Director of the Company with effect from 30 April 2021. He was also appointed as the General Manager (“GM”) of the Company’s subsidiary-Shandong Sunsine in October 2020. Mr Liu De Ming is responsible for the overall management and operations of our China’s subsidiaries. Prior to that, he was the GM of the Group’s another subsidiary Weifang Sunsine. Mr Liu joined the Group in 1995 since his graduation from Beijing Chemical University. Mr Liu has more than 30 years of working experiences in production, technology and management.

Mr Liu De Ming is also a member of the Company’s Risk Management Advisory Committee (“RMAC”).

Tong Yiping

Executive Director and Chief Financial Officer

TONG YIPING was appointed as our Executive Director cum Chief Financial Officer in March 2023. He joined the Group as Group’s Financial Controller in October 2013 and was promoted to Chief Financial Officer in March 2016. Mr Tong is responsible for overseeing the financial operations of the Group. He has more than 20 years of experience as an accounting professional. Prior to joining the Company, Mr Tong was the Finance Manager of China Yuchai International Ltd, a company listed in New York Stock Exchange. Mr Tong is a fellow with the Association of Chartered Certified Accountants, and a member of Institute of Singapore Chartered Accountants. He obtained an honours bachelor degree in Accountancy from Oxford Brookes University, UK.

Mr Tong is also a member of the Company’s Risk Management Advisory Committee (“RMAC”).

Koh Choon Kong

Non-Executive Non-Independent Director

KOH CHOON KONG was appointed as our Non-Executive Director in November 2009, and redesignated as Independent Director in December 2012. He has more than 20 years of audit, accounting, corporate finance and business experience, and currently is part of the management team of the largest independent power producer (IPP) in Bangladesh, Summit Power International Limited. Mr Koh served as Group CFO of several SGX listed corporations and worked in diverse organisations including Citicorp Investment Bank (Singapore) Limited, EtonHouse International, ICH Capital and Price Waterhouse. He graduated from the Nanyang Technological University with a Bachelor of Accountancy and later obtained his Master of Business Administration degree from the University of Manchester. He is a member of the Singapore Institute of Director, a fellow Chartered Accountant of Singapore, as well as a CFA charter holder.

Toh Shih Hua

Lead Independent Non-Executive Director

Ms Toh Shih Hua is our Lead Independent Director and Chairman of the Audit Committee. She was appointed on 26 April 2024. Ms Toh has more than 20 years of financial and banking experience, including capital markets fund raising and corporate advisory. In 2004, Ms Toh founded Genesis Capital Pte Ltd, a corporate finance advisory company, where she continues to serve as a director and is responsible for deal origination and has completed numerous corporate finance transactions including initial public offerings, mergers and acquisitions, take-overs and fund raisings. Ms Toh graduated from the Nanyang Technological University with a Bachelor of Accountancy and is a member of Institute of Singapore Chartered Accountants.

Yan Tang Feng

Independent Non-Executive Director

YAN TANG FENG is our Independent Director. He was appointed on 26 September 2019. Mr Yan has more than 15 years of experience in corporate finance and investment management. He is currently the President of Sinolion Holdings Pte. Ltd., responsible for the overall management of investment management and business operations. He was the Vice President of ICH Capital Group and was later promoted to Senior Vice President, responsible for investment management. Mr Yan was the Non-Executive Chairman of Shengli Oil & Gas Pipe Holdings Ltd and Non-Executive Director of Starrise Media Holdings Ltd, both companies are listed in the main board of Hong Kong Stock Exchange. Mr Yan graduated from Shandong University in July 1994 with a bachelor’s degree in engineering.

Liang Cheng

Independent Non-Executive Director

LIANG CHENG was appointed as our Independent Director in March 2023. He graduated with a major in Chemical Engineering from Nanjing Tech University in 1992 and holds a certificate of Senior Chemical Process Engineer. With over 40 years of experience in research, development and information work in fine chemicals, such as rubber chemicals and polymer materials, Mr Liang is skilled in designing and planning blueprints for chemical parks and enterprise development. Currently, Mr Liang serves as the Secretary-General of the Technical Committee of the Jiangsu Chemical Industry Association. He is a member of the Expert Committee of the Rubber Chemicals Committee of the China Rubber Industry Association and is also a member of several expert committees in some government departments in Jiangsu Province and the Expert Committees of Science and Technology Industries in provinces such as Shandong, Jiangxi, Chongqing, and Guangdong. Additionally, he is the Chief Expert of the fine chemical industry chain in Xuzhou City. Mr Liang is also an editorial board member of several major Chinese journals, including “Plastics Science and Technology”, “Polymer and Additives”, “World Rubber Industry”, “Chlor-alkali Industry”, and “Rubber Technology”. He has published over 260 papers in domestic and foreign journals and has given over 80 keynote speeches at domestic and foreign fine chemical conferences. Mr Liang worked at Sinopec Nanjing Chemical Industry Co., Ltd from 1992 until December 2022.

Peh Siew Wee

Independent Non-Executive Director

Peh Siew Wee was appointed as our Independent Director on 26 April 2024. Mr Peh holds a Bachelor of Business Administration degree from University of Oregon, and a Master of Business Administration from University of Michigan (Ann Arbor). He is currently Director of Corner First Management Consulting Pte. Ltd. (since 2020) and Westlake Health Resources Pte. Ltd. (since 2019). Prior to these, he served as Director at China Capital Impetus Asset Management Pte. Ltd. from 2011 to 2018 and held senior positions at HL Bank Singapore, SBI E2 Capital Asia Securities Pte. Ltd., Raffles Campus (China) Pte. Ltd., CN-Surbana Facilities Management Pte. Ltd., Informatics Holdings (Fujian) Pte. Ltd., Gleneagles (Fujian) Pte. Ltd., and Beijing EM Services Pte. Ltd. from 2000 to 2010. Throughout his career, Mr. Peh has demonstrated a strong commitment to financial expertise and strategic leadership.

Thiew Zong Min, Michelle Magdalene

Independent Non-Executive Director

Thiew Zong Min, Michelle Magdalene was appointed as our Independent Director on 26 April 2024. She holds a Bachelor of Laws degree from the University of Durham, completed in 2007, and is also a Certified Information Privacy Professional/Asia. With over a decade of experience in private practice and in-house roles at leading law firms and various multi-national corporations, , Ms. Thiew has established herself as a trusted and solutions-oriented legal professional within the legal community.

Ms. Thiew is currently the Assistant General Counsel, Singapore for at Cushman & Wakefield, a position she has held since September 2020. Prior to this, she held key legal and compliance roles for CBRE, OUE Lippo Healthcare Limited and Jones Lang LaSalle Property Consultants with a Southeast Asia focus. Earlier in her career, Ms. Thiew worked as a Senior Associate specializing in Corporate Finance at Shook Lin & Bok LLP. Her diverse professional background and extensive legal experience make her a valuable addition to our board of directors.