The Board of Directors consists of 7 Directors comprising 3 executive Directors, 1 non-executive Director and 3 independent non-executive Directors .The information on the Directors is set forth below.

• Non-executive Directors

            

Mr. Wang Wenjian, aged 75, the former chairman of the Board, executive Director and Chief Executive Officer, is one of the founders of the Group, and currently is a non-executive Director and the Honorary Chairman of the Board. Mr. Wang joined the Yuyao County Chengbei Optical Instruments Factory in 1984 as factory manager and became its general manager since 1994 when it was transformed to a joint stock limited liability company. Mr. Wang obtained the title of “Outstanding Entrepreneur” by Ningbo Entrepreneurs Association and Ningbo Enterprise Unite League in 2006 and was granted the “Ningbo Excellent Entrepreneur Award” by the Personnel Office under Ningbo Municipal Party Committee in 2015. Mr. Wang was awarded the title of “Excellent Entrepreneurs” in the “40th Anniversary of Reform and Opening, Entrepreneurs of Time” by the Ningbo City Government in November 2018. Mr. Wang acted as the Honorary President of Yuyao Charity Federation in 2003 and was appointed as a guest professor of the College of Information Science and Engineering, Zhejiang University in 2005. He obtained a qualification of senior economist by Ningbo Municipal Government in 1996. Senior economist is a recognised qualification in the PRC and is generally granted to a person who has passed necessary examinations and has acquired substantial management experience. Mr. Wang was redesignated as a non-executive Director in March 2012. Mr. Wang has senior professional knowledge and experience in optical industry, as well as extensive experience in financial management, company operations, capital market and risk management and strategic planning, and has years of leadership experience in board committee.
 

• Executive Directors

   

Mr. Ye Liaoning, aged 57, is one of the founders of the Group, and currently is an executive Director, the chairman of the Board and the chairman of strategy and development committee (“Strategy and Development Committee”) of the Company. He is responsible for formulating the Group’s policies and making decisions. Mr. Ye joined Yuyao County Chengbei Optical Instruments Factory in 1984 and became its deputy general manager since 1995. Mr. Ye has obtained a qualification of senior economist issued by the Personnel Bureau of Zhejiang in 2008. Senior economist is a recognised qualification in the PRC and is generally granted to a person who has passed necessary examinations and has acquired substantial management experience. Mr. Ye obtained a diploma from Zhejiang Radio & TV University in 1999. Mr. Ye has been an executive Director since May 2007 and is currently a director of various subsidiaries of the Group. Mr. Ye was awarded the title of “Outstanding Entrepreneurs” and the title of “Zhejiang Province Outstanding Builder of Socialism with Chinese characteristics (Non-public Economic Person)” in the “40th Anniversary of Reform and Opening, Entrepreneurs of Time” by the Ningbo City Government in November 2018. Mr. Ye was awarded “National May-First Labor Medal” and acquired the title of “Zhejiang Province Model Worker” in April 2019. Mr. Ye was awarded the title of “National Model Worker” in November 2020. Mr. Ye has senior professional knowledge and experience in optical industry, as well as extensive experience in financial management, company operations, capital markets, risk management and strategic planning, and has years of leadership experience in board committee.

• Executive Directors

   

   

Mr. Sun Yang, aged 50, currently is an executive Director and the chief executive officer of the Company (the “Chief Executive Officer”). He is responsible for the overall operation and management of the Group. Mr. Sun graduated from Ningbo University in 1995 with a bachelor’s degree in economics. He then obtained a master’s degree in economics from Shanghai University of Finance and Economics in 2005. He joined the Group as a chief officer of investment management centre in 2002. Mr. Sun has obtained a qualification of senior economist issued by the Personnel Bureau of Zhejiang in 2008 and has been awarded a qualification of chief senior economist issued by Zhejiang Province Human Resources and Social Security Department in December 2018. Currently, chief senior economist is the highest economics professional and technical title in the PRC, which is only granted to very few people who have passed strict examinations and acquired substantial management experience with major achievements. Mr. Sun has been an executive Director since May 2009 and is currently a director of various subsidiaries of the Group. Mr. Sun has senior professional knowledge and experience in optical industry, as well as extensive experience in financial management, company operations, capital markets, risk management and strategic planning. 

• Executive Directors

   

Mr. Wang Wenjie, aged 55, currently is an executive Director and executive vice president of the Company. He is responsible for the strategic planning and information management of the Group, as well as the management of Sunny Optical (Zhejiang) Research Institute Co., Ltd. (“Sunny Research Institute”). Mr. Wang graduated from Zhejiang University with a bachelor’s degree in engineering in 1989 and joined the Group after his graduation. Mr. Wang has obtained a qualification of senior economist issued by the Personnel Bureau of Zhejiang in 2008 and has been awarded a qualification of chief senior economist issued by Zhejiang Province Human Resources and Social Security Department in December 2022. Currently, chief senior economist is the highest economics professional and technical title in the PRC, which is only granted to very few people who have passed strict examinations and acquired substantial management experience with major achievements. He has been an executive Director since December 2013. He was elected as the vice chairman of the Chinese Optical Society in 2017, responsible for advancing the development of optical industry in China. Mr. Wang has senior professional knowledge and experience in optical industry, as well as extensive experience in financial management, company operations, capital markets, risk management and strategic planning.

• Independent Non-executive Directors

   

Mr. Feng Hua Jun, aged 59, is an independent non-executive Director and the chairman of nomination committee (“Nomination Committee”). Mr. Feng has been teaching in the Zhejiang University since August 1986 and been promoted to his current positions of professor and doctoral supervisor in July 1998, mainly responsible for works involving teaching and scientific research. Mr. Feng was the director for the Institute of Optical Engineering, the director for the Institute of Optical Imaging Engineering and the head of Department of Optoelectronic Information Engineering of Zhejiang University. Mr. Feng obtained a bachelor’s degree in July 1983 from Zhejiang University in optical instrument engineering, and also obtained a master’s degree in July 1986 in optical instrument engineering from the same university. He has been an independent non-executive Director since April 2016. Mr. Feng has extremely senior professional knowledge in optical industry, as well as extensive experience in risk management and strategic planning, and has years of leadership experience in board committee.

• Independent Non-executive Directors

   

Mr. Shao Yang Dong, aged 53, is an independent nonexecutive Director and the chairman of remuneration committee (“Remuneration Committee”). Mr. Shao currently is the managing partner of Yuantai Investment Partners Evergreen Fund, L.P. Mr. Shao was a director of each of Sunny Zhejiang Optics and Sunny Instruments from May 2005 to September 2010, Sunny Zhongshan Optics from October 2005 to September 2010, Sunny Opotech from November 2005 to September 2010 and Sunny Infrared Optics from March 2006 to September 2010. Mr. Shao is a member of Environmental Defense Fund China Advisory Board. Mr. Shao previously worked as a financial analyst at the investment banking division of Salomon Brothers Inc.. Mr. Shao obtained a bachelor’s degree in economics in May 1993 from Columbia University and earned a master’s degree in business administration in June 2000 from Stanford Graduate School of Business. He has been an independent non-executive Director since April 2016. Mr. Shao has senior professional knowledge related to global smartphone and automobile industry chains, as well as extensive experience in company strategy and operations, financial and risk management, and capital market, and has years of leadership experience in board committee. 

• Independent Non-executive Directors

Ms. Jia Lina, aged 55, is an independent non-executive Director. Ms. Jia has been working as a managing partner and director of Jonten Certified Public Accountants (Limited Liability Partnership) (Jiangsu branch) since December 2017. Ms. Jia has been an independent non-executive director of Morgan Stanley Huaxin Fund Management Co., Ltd. since February 2016. Ms. Jia obtained a bachelor’s degree in economic trade in July 1989, a postgraduate diploma from the department of trade economics and department of business economics in July 1992 and a master’s degree in economics in October 1992 from Dongbei University of Finance and Economics. Ms. Jia was qualified as an accountant from the Chinese Institute of Certified Public Accountants in December 1996. Ms. Jia was awarded a Jiangsu province advanced professional and technical qualification certificate issued by the Office of Human Resources and Social Security of Jiangsu province in June 2020. She has been an independent non-executive Director since 1 January 2023. Ms. Jia has extensive experience in financial management, company operation, capital market, risk management and strategy planning, and has years of leadership experience in board committee.