Change - Announcement of Appointment::Appointment of Ms. Li Xueying as Independent Director of the Company

Issuer & Securities

Issuer/ Manager
SINO GRANDNESS FOOD INDUSTRY GROUP LIMITED
Securities
SINO GRANDNESS FOOD IND GP LTD - SG2G19997136 - T4B
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
15-Aug-2022 18:42:31
Status
New
Announcement Sub Title
Appointment of Ms. Li Xueying as Independent Director of the Company
Announcement Reference
SG220815OTHRZ8VC
Submitted By (Co./ Ind. Name)
Huang Yupeng
Designation
Chairman and CEO
Description (Please provide a detailed description of the event in the box below)
Appointment of Ms. Li Xueying as Independent Director of the Company

Additional Details

Date Of Appointment
15/08/2022
Name Of Person
Li Xueying
Age
50
Country Of Principal Residence
Hong Kong
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
In line with the corporate governance best practices for a stronger element of independence on the Board, the Board has reviewed, considered, assessed and concluded that Ms. Li Xueying ("Ms. Li") possesses the requisite qualifications and work experience to carry out her duties as Independent Director of the Company, and has accordingly approved the appointment of Ms. Li as Independent Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
The appointment is Non-executive.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Audit Committee, member of the Nominating Committee and Remuneration Committee
Professional qualifications
Master of Business Administration, University of Minnesota, 2009

International Chartered Accountant (ACCA UK), 2006

Chinese Certified Public Accountant (CPA), 1996

China Securities Practitioner Qualification, 2017
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
NIL
Conflict of interests (including any competing business)
NIL
Working experience and occupation(s) during the past 10 years
Oct 2021 - Present: Group Director of China Sword Group (Guangdong) Ltd.

May 2015 - Present: Co-founder and Director of Shenzhen Lingjin Asset Management Co., Ltd, Shenzhen Lingjin Investment Co., Ltd, Shenzhen Qianhai Lingjin Capital Co., Ltd

June 2011 - May 2013: Chief Financial Officer, China of Vitasoy International Holdings Ltd. (Hong Kong)

Jun 2013 - Present: Finance Consultant for a few listed companies including HK08153, HK 00933, HK01010, Singapore AJ2 and Finance Consultant for China private companies for listing and financing

Jan 2019 - Present: Auditor, Guangzhou Chenganxin CPA firm
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)
NIL.
Present
October 2021 - Present: Director of China Sword Security Group (Guangdong) Co., Ltd

May 2015 - Present: Co-founder and Director of Shenzhen Lingjin Asset Management Co., Ltd, Shenzhen Lingjin Investment Co., Ltd, Shenzhen Qianhai Lingjin Capital Co., Ltd
(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
Director will attend training course at Singapore Institute of Directors (SID)