Home > Investor Relations > Corporate Governance > Board of Supervisors

Board of supervisors Members

Mr. LIU Debin, Chinese


Mr. LIU Debin has been the shareholder representative supervisor and chairman of the board of supervisors of the Company since June 2021. Mr. Liu is currently a member of the Party Committee and chief accountant of Sinosteel Group Corporation Limited, a member of standing committee of the Party Committee and chief accountant of Sinosteel Corporation Limited (中國中鋼股份有限公司) (“Sinosteel Corporation”). Mr. Liu has worked for Sinosteel Group Corporation (“Sinosteel Group”) and its subsidiaries since January 1995. He served successively as the deputy general manager of assets and finance department of Sinosteel Group, deputy general manager of assets and finance department of Sinosteel Corporation, general manager of assets and finance department of Sinosteel Group, and deputy chief accountant of Sinosteel Corporation, a member of the Party Committee of Sinosteel Group, a member of standing committee of the Party Committee and chief accountant of Sinosteel Corporation. He once served as chairman of board of directors of Sinosteel Futures Co., Ltd. and secretary of the Party Committee and executive director of Sinosteel Deyuan Holding Company Limited (中鋼德遠控股有限公司), and secretary of the Party Committee and executive director of Sinosteel Trade Holding Company Limited (中鋼國貿控股有限公司). Prior to that, Mr. Liu worked for The Third Construction Co., Ltd. of China Construction First Group (中建一局三公司) and China Metallurgical Import & Export Corporation (中國冶金進出口總公司). Mr. Liu received his master’s degree in business administration from University of Science and Technology Beijing in January 2008 and holds the title of senior accountant.

 

Mr. YU Jiannan, Chinese


Mr. YU Jiannan has been the shareholder representative supervisor of the Company since February 2018. Mr. Yu is currently the director of general affairs department and managing director of CIC. Before that, Mr. Yu had been the senior manager, deputy director of human resources department and the deputy director of organization department of the Party Committee of CIC. He successively worked as the deputy senior manager and senior manager of human resources department in China Cinda Asset Management Corporation Co., Ltd. from May 2001 to September 2007, and was on secondment as vice head of Ledu County, Qinghai Province from November 2005 to January 2007. From July 1996 to May 2001, he worked at Guangzhou branch and Guangdong branch of China Construction Bank. Mr. Yu obtained his bachelor’s degree in economics from Guangdong College of Commerce in July 1996.

 

Mr. LIU Chongsong, Chinese

 

Mr. LIU Chongsong has been the employee representative supervisor of the Company since August 2019. Mr. Liu has been the general manager of eastern region of marketing center of individual insurance channel of the Company since December 2019, general manager (director level) of Shandong branch since June 2017, and general manager of Shandong branch of the Company since March 2013. Mr. Liu served as assistant to general manager of Qingdao branch, deputy general manager of Shandong branch, general manager of Qingdao branch and general manager of Shanxi branch of the Company. Before that, Mr. Liu worked in Dongying sub-branch of Qingdao branch of Ping An Insurance Company of China, Ltd. and Qingdao Chemical College. Mr. Liu obtained his bachelor’s degree in physics from Fudan University, Shanghai in 1986 and his EMBA degree from Peking University in 2012.

 

Mr. WANG Zhongzhu, Chinese


Mr. WANG Zhongzhu has been the employee representative supervisor of the Company since March 2016. Mr. Wang is currently the deputy secretary of the Party Committee, secretary of commission for discipline inspection of New China Pension and a supervisor of Hefei Supporting Operation. Mr. Wang had been the general manager of discipline inspection and supervision office (director of the commission for discipline inspection office) of the Company. He had once worked as supervisor of New China Pension, Xinhua Seniors Service and Electronic Commerce. Mr. Wang served as deputy director (in charge of work) of the inspection office of the Company from April 2010 to January 2011. Before that, Mr. Wang worked in Central Disciplinary Inspection of the Communist Party of China. Mr. Wang received his bachelor’s degree in investment economic management from Zhongnan University of Economics and Law in 1988.


Board of supervisors Powers

The Board of Supervisors shall exercise the following  powers  in  accordance with law:

(1)                   Examination of the Company’s financial activities;

(2)                   Supervising the Directors, CEO, President (COO), and other senior management in their performance of duties and proposing the removal of Directors, CEO, President (COO), and other senior management who have contravened any laws, regulations, regulatory documents, the Articles of Association or resolutions at shareholders’ general meeting;

(3)                   Nomination of independent directors;

(4)                   Requesting rectification from a Director, CEO, President (COO), or any other senior management when the acts of such persons are harmful to the Company’s interest;

(5)                   Proposal for convening a shareholders’ extraordinary general meeting and convening and presiding over the shareholders’ general meeting when the Board fails to perform its duty of convening and presiding over the shareholders’ general meeting under the Articles of Association;

(6)                   Submission of new proposals to the shareholders’ general meeting;

(7)                   Proposing to convene the extraordinary meeting of the board of directors;

(8)                   Putting forward proposals to the board of directors;

(9)                   Carrying out litigation against the Directors, CEO, President (COO) or other senior management according to the Articles of Association;

(10)           Internally supervising the formulation, implementation and assessment of the development plan of the Company, reviewing the implementation of  the development plan of the Company and putting forward the relevant supervisory opinions;

(11)           Other functions authorized by the shareholders’ general meeting; and

(12)           Other functions required by laws, regulations and regulatory documents.