Corporate Governance
Board of Directors
Executive Director
Mr. Xu Jiaqing
Mr. Xu Jiaqing, is the chairman of the Board, an executive Director, a vice president and the chief marketing officer of the Company. He is primarily responsible for overseeing daily operation and management and the implementation of the business plans of the Group.
Mr. Xu has an in-depth understanding of the industry where the Group operates with almost 13 years of working experience both inside and outside the Group and has accumulated extensive experience in the daily operation and management of the Group. From July 2012 to November 2013, Mr. Xu served as the general marketing manager of Netjoy Network in charge of overall planning of marketing strategies and management of sales operation. Mr. Xu has held directorship at Netjoy Network since October 2015, and has been its vice general manager since September 2017 and its chairman of the board and the legal representative since November 2018. Apart from holding positions in Netjoy Network, Mr. Xu also served as the chief operating officer of Letui (Shanghai) Culture Broadcast Co., Ltd. from the date of its establishment in December 2013 and has been its director since June 2019. In addition, Mr. Xu has been the executive director or general manager of several subsidiaries within the Group, including Quantum Culture Media since June 2017, Qizheng Culture since May 2019, Letui Information since August 2019, Yunxiang Information since August 2019, Guomeng Internet since December 2019 and Letui Zhixiao since January, 2020, respectively. Prior to joining the Group, Mr. Xu worked at Shanghai Ruichuang Network Technology Co., Ltd., a company primarily engaging in internet advertising business, from September 2010 to June 2012.
Mr. Xu graduated with a college’s degree in printing technology from Shanghai Publishing and Printing College in July 2009.
Mr. Wang Chen
Mr. Wang Chen, is an executive Director and the chief executive officer of the Company. He is primarily responsible for developing overall corporate and business strategies of the Group and making significant business and operational decisions of the Group.
With almost 13 years of industry experience, Mr. Wang has gained in-depth understanding of the industry where the Group operates and accumulated rich management experience. Mr. Wang joined the Group in February 2013 and had served as the vice general manager of Netjoy Network until June 2015. He subsequently has been the general manager and a director of Netjoy Network since June 2015 and October 2015, respectively. Prior to joining the Group, Mr. Wang acted as the business development director of Baixing Net, a company listed on the NEEQ (NEEQ: 836012) which is one of the largest classified information platforms in the PRC in provision of local information to consumers and marketing resolutions to merchants, from November 2010 to January 2013, in charge of advertising management and business cooperation with media partners and management of local channel sales representative network. He also worked at Microsoft (China) Co., Ltd. and its Shanghai Minhang Branch from September 2004 to November 2010, with his last position as partner technical advisory (PTA) (Level II), primarily responsible for providing technical support, action plan and analysis services to the partners of Microsoft. Mr. Wang also worked at Beijing Xander Technology Co., Ltd. previously.
Mr. Wang graduated with a bachelor’s degree in engineering from Beijing University of Technology in July 2000. He was certified as a PMP (Project Management Professional) by Project Management Institution in the U.S. from June 2006 to June 2010, a Microsoft Certified Database Administrator and a Microsoft Certified Systems Engineer by Microsoft Incorporation in September 2002 and January 2006, respectively. He also obtained Google Analytics Individual Qualification in February 2011 accredited by Google Testing Center. Mr. Wang graduated with an EMBA degree from Tsinghua University in June 2021.
Mr. Lin Qian
Mr. Lin Qian, is an executive Director and the chief financial officer of the Company. He is mainly responsible for the Group’s internal financial, legal, administrative, and other operations and management affairs, as well as external capital market operation and strategic investment strategy formulation.
Mr. Lin has 7 years of enterprise operation management experience and more than 11 years of capital operation and project merger and acquisition management experience and he is also familiar with capital markets in China and abroad and is proficient in capital operations. Mr. Lin joined the Group in 2021 and has been serving as the chief financial officer of the Company since July 2021. Prior to joining the Group, Mr. Lin worked at A8 New Media Group Limited (a company listed on the main board of the Stock Exchange, stock code: 00800.HK) as the chief financial officer from September 2016 to July 2021, and as an executive director from April 2017 to July 2021. He served as a director at CVCapital from June 2014 to August 2016 and a business director of the investment banking department at Hua Tai United Securities Co., Ltd. from May 2011 to June 2014. He was an investment manager at Shanghai Dong Fang Hui Jin from October 2009 to May 2011 and a senior auditor at Ernst & Young from October 2006 to October 2009.
Mr. Lin graduated from Imperial College London in 2006 with a bachelor’s degree in materials science and engineering.
Ms. Zha Lijun
Ms. Zha Lijun, is an executive Director of the Company. Ms. Zha joined the Group in 2013 and currently serves as the Senior Vice President of the Company. Prior to joining the Group, Ms. Zha served as a sales director of Shanghai Zhihe Electronic Technology Co., Ltd. from September 2010 to June 2013. She also served as a sales director of Shanghai Shangquan Optical Fiber Communication Equipment Co., Ltd. from August 2007 to August 2010.
Ms. Zha graduated from Anhui Vocational and Technical College in July 2007, majoring in fabric computer aided design. She starts her EMBA program at Cheung Kong Graduate School of Business on May 30, 2023.
Non Executive Director
Mr. Dai Liqun
Mr. Dai Liqun, is a non-executive Director of the Company. He is primarily responsible for providing strategic advice and making recommendations on corporate operation and development of the Group. Mr. Dai is the spouse of Ms. Peng Ting, a vice president and a company secretary of the Company.
Mr. Dai joined the Group in October 2015 and has been a director of Netjoy Network since then. He has also been an executive director of Letui Culture since December 2013 and its chairman of the board since July 2019. Prior to joining the Group, Mr. Dai served as the technical director of Shanghai Yungang Tonghui Visual Art Design Co., Ltd. from July 2008 to November 2013 and Shanghai Look Visual Art Design Co., Ltd. from June 2005 to June 2008, respectively, in charge of overall management of product research and development.
Mr. Dai graduated with a college’s degree in automobile application engineering from Wuhan University of Technology (formerly named as Wuhan Automotive Industry University in June 1997.
Mr. Wang Jianshuo
Mr. Wang Jianshuo, is a non-executive Director of the Company. He is primarily responsible for providing strategic advice and making recommendations on corporate operation and development of the Group.
With more than 23 years of internet industry related working experience, Mr. Wang gathered substantial knowledge and experience in the area where the Group operates. He joined the Group in June 2018 and has been a director of Netjoy Network since then. Prior to that, Mr. Wang has been the chairman of the board of Baixing Net, a company listed on the NEEQ (NEEQ: 836012) which is one of the largest classified information platforms in the PRC in provision of local information to consumers and marketing resolutions to merchants, since August 2015. Mr. Wang previously served as an executive director of Baixing Net from September 2005 to August 2015. From June 1999 to March 2005, Mr. Wang worked at Microsoft (China) Co., Ltd. Shanghai Branch with his last position as the project manager.
Mr. Wang graduated with a bachelor’s degree in automation from Shanghai Jiao Tong University in July 1999.
Independent Non Executive Director
Mr. Chen Changhua
Mr. Chen Changhua, is an independent non-executive Director of the Company. He is primarily responsible for supervising and providing independent advice on the operation and management of the Group.
Mr.Chen has been the chief financial officer of Shanghai Zhiduo Fish Information Technology Co.,Ltd. from May 2022. He was mainly responsible for the company’s finance sector. Mr. Chen has held directorship at Guofu Life Insurance Co., Ltd. from June 2018 to June 2020. He has extensive experience in accounting and financial management. Mr. Chen has been the chief financial officer of financial service platform in Tianjin Sankuai Technology Co., Ltd., a subsidiary of Meituan Dianping (stock code: 3690), since April 2018, primarily responsible for financial analysis. Prior to that, he served as the senior director of Vipshop (China) Co., Ltd. from October 2011 to April 2018, whose holding company, Vipshop Holdings Limited, is listed on the New York Stock Exchange (stock code: VPIS), primarily responsible for financial analysis. Mr. Chen also served as the audit manager at Deloitte Touche Tohmatsu CPA Ltd. from July 2005 to November 2011.
Mr. Chen graduated with a bachelor’s degree in marketing from Dalian Maritime University in July 2002. He further obtained a master’s degree in industrial economics from Shanghai University in April 2005, and a master’s degree in business administration from University of Southern California in August 2016, respectively. Mr. Chen was admitted as a member of Shanghai Institute of Certified Public Accountants in April 2012, and was licensed as a certified public accountant by the Board of Accountancy of Washington in the U.S.
Dr. Ru Liyun
Dr. Ru Liyun, is an independent non-executive Director of the Company. He is primarily responsible for supervising and providing independent advice on the operation and management of the Group.
Dr. Ru has almost 18 years of experience in internet technology industry. From July 2005 to June 2018, Dr. Ru held various positions within the group of Sogou Inc., a company listed on the New York Stock Exchange (NYSE stock code: SOGO), with his last position as the chief operational officer of Sogou Inc. He also served as a strategic counsel of Beijing Sogou Information Service Co., Ltd. from June 2018 to May 2019. He founded Beijing Grape Intelligence Technology Co., Ltd. in March 2018 and has been its executive director, chief executive officer and chief science officer since then.
Dr. Ru majored in computer science and technology in Tsinghua University and obtained a bachelor’s degree in July 2002, a master’s degree in July 2005, and a doctoral degree through a program of work in January 2014. Dr. Ru received several awards and recognitions, including Top 50 of Chinese Business Innovation and Award of Technology Innovator honored by CBN weekly in February 2013, First Prize of Beijing Science and Technology Award honored by Beijing Municipal People’s Government in December 2015 and in November 2017, respectively, and CCF Outstanding Engineer Award honored by China Computer Federation in December 2017.
Ms. Cui Wen
Ms. Cui Wen, is an independent non-executive Director of the Company. She is primarily responsible for supervising and providing independent advice on the operation and management of the Group.
Ms. Cui has spent almost 30 years working at various multinational and domestic corporations dedicating human resources area. As the founding member, she has been a director, the general manager and a consultant of Xceed OD Consulting Co. Ltd. since December 2013. From June 2014 to February 2018, Ms. Cui served as a member of the executive committee and the dean of seeding college of Envision Energy (Jiangsu) Co. Ltd. (subsequently renamed as Envision Energy Co. Ltd. She also served as the chief officer of organizational development of Uniplan (Shanghai) Co., Ltd. from March 2013 to October 2013, and the chief operational officer of Baixing Net from September 2011 to February 2013. Prior to that, Ms. Cui held HR related positions in certain corporations, including the U.S. headquarters of Nike Inc. as the global HR business partner from December 2009 to June 2011, Nike Sports (China) Co., Ltd. as the greater China HR director from January 2006 to November 2009, Shanghai Roche Pharmaceutical Co. Ltd. as the China HR director from August 2002 to December 2005, Reckitt Benckiser (China) Co. Ltd. as the China HR director from April 1997 to July 2002, and Xian-Janssen Pharmaceutical Co. Ltd., as the HR supervisor and compensation supervisor from April 1991 to March 1997.
Ms. Cui graduated from Xi’an University majored in industrial electrical automation in July 1984 and obtained a bachelor’s degree in industrial electrical automation from Xi’an University of Technology (formerly known as Shaanxi Institute of Mechanical Engineering in January 1985. She graduated with a master’s degree in philosophy from Nottingham Trent University in March 2015. She was recognised as the China’s 15 people in 15 years by Wolters Kluwer in 2012. Ms. Cui successfully completed the requirements for the Stakeholders Centered Coaching by Marshall Goldsmith Coaching Certification Program and became a certified coach in October 2012. She has been appointed by Shanghai Vistage Management Consulting Co., Ltd. as an executive coach since February 2018.
Committee Composition
Audit Committee
Remuneration Committee
Nomination Committee
Mr. Chen Changhua
Mr. Ru Liyun
Mr. Dai Liqun
Mr. Xu Jiaqing
Dissemination of Corporate Communications
Pursuant to new Rule 2.07A of the Rules (the “Listing Rules”) Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) and the articles of association of Netjoy Holdings Limited (the “Company”), the Company will disseminate the future corporate communications of the Company (the “Corporate Communications1”) to its Shareholders2 electronically and only send corporate communications in printed form to the Shareholders upon request. In this connection, the following arrangements will come into effect on 31 December 2023. For details, please refer to:
If you have any questions about the above matters, please email the Company via the email of Tricor Investor Services Limited.
Notes
1. Corporate Communications include any document(s) issued or to be issued by the Company for the information or action of holders of any of its securities or the investing public, including but not limited to
(a) the directors’ report and its annual accounts together with a copy of the auditors’ report and, where applicable, its summary financial report;
(b) the interim report and, where applicable, its summary interim report;
(c) the quarterly report, if any;
(d) a notice of meeting;
(e) a listing document;
(f) a circular;
(g) a proxy form.
2. Holder(s) of the Share(s) of the Company.