Change - Announcement of Appointment::APPOINTMENT OF NON-EXECUTIVE NON-INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
ZHENENG JINJIANG ENVIRONMENT HOLDING COMPANY LIMITED
Securities
ZHENENG JINJIANG ENV HLDG CO - KYG9898S1075 - BWM
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
24-Apr-2023 20:37:50
Status
New
Announcement Sub Title
APPOINTMENT OF NON-EXECUTIVE NON-INDEPENDENT DIRECTOR
Announcement Reference
SG230424OTHRIXA9
Submitted By (Co./ Ind. Name)
Wei Dongliang
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Appointment of Liang Weiwen as Non-Executive Non-Independent Director

Additional Details

Date Of Appointment
24/04/2023
Name Of Person
Liang Weiwen
Age
56
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Pursuant to Article 130 of the Company s Articles of Association, Harvest Global Dynamic Fund SPC acting on behalf of and for the account of Harvest Environmental Investment Fund SP and Whitel Management Company Limited, each being a member duly qualified to attend and vote at the annual general meeting of the Company held on 24 April 2023 ("AGM ), had notified the Company of their intention to propose Mr Liang Weiwen for election as a Director of the Company at the AGM. After reviewing the recommendation of the Nominating Committee and the qualifications and work experience of Mr. Liang Weiwen, as set out below, the Board approved (i) the tabling of an ordinary resolution for his appointment as a Non-Executive Non-Independent Director for the consideration of the Company's shareholders at the AGM; and (ii) after his appointment as a Non-Executive Non-Independent Director by the Company s shareholders at the AGM, his appointment as a Member of the Audit and Risk Management Committee and a Member of the Remuneration Committee.
Whether appointment is executive, and if so, the area of responsibility
No
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
- Non-Executive Non-Independent Director
- Member of Audit and Risk Management Committee
- Member of Remuneration Committee
Professional qualifications
- Senior-level Accountant conferred by the Ministry of Finance of the People's Republic of China)
- Certified Public Accountant (People's Republic of China)
- Master in Business Administration (The Open University of Hong Kong)
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
None save as disclosed in this announcement
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
- 2005 to July 2017
Assistant General Manager; Vice President (Finance and Investments), Guangzhou Securities Co., Ltd.
- July 2017 to December 2018
Investment Director, Shenzhen Bluebridge Investment Holding Group Co., Ltd.
- January 2019 to April 2023
Investment Director, Guangzhou Ruizhan Equity Investment Management Co., Ltd.
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Yes
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Principal Commitments* Including Directorships#
*"Principal Commitments" has the same meaning as defined in the Code
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
None
Present
- Guangzhou Ruizhan Equity Investment Management Co., Ltd. (Investment Director)
- Guangdong Fuqiang Technology Co., Ltd. (Deputy Chairman of the Board)
- Foshan Denghu Zhiyuan Enterprise Management and Consulting Partnership (L.P.) (Managing Partner)
- Guangdong Denghu High-Tech Private Equity Management Co., Ltd. (Legal Representative)
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of an issuer listed on the Exchange?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
The Company will arrange for Mr. Liang Weiwen to attend the requisite training organised by the Singapore Institute of Directors on the roles and responsibilities of an issuer listed on the SGX-ST to meet the mandatory training requirements under Rule 210(5)(a) of the Listing Manual of the SGX-ST.