The Board of Directors consists of 8 Directors comprising 3executive Directors, 2 non-executive Director and 3 independent non-executive Directors.

• Non-executive Directors

            

Mr. Wang Wenjian, born in 1947， the former chairman of the Board, executive Director and CEO, is one of the founders of the Group, and currently is a non-executive Director, the honorary chairman of the Board, the member of the Nomination Committee and the member of the Strategy and Development Committee. 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 (优秀创业企业家)” by Ningbo Entrepreneurs Association and Ningbo Enterprise Unite League in 2006 and was granted the “Ningbo Excellent Entrepreneur Award (宁波市卓越企业家奖)” by the Personnel Office under Ningbo Municipal Party Committee in 2015. Mr. Wang was awarded the title of “Excellent Entrepreneurs (卓越甬商)” in the “40th Anniversary of Reform and Opening, Entrepreneurs of Time (改革开放 40 周年•时代甬商)” 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 re-designated 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 operation management, strategic planning, risk management, capital market and financial management, and has years of leadership experience in Board committees. Mr. Wang is the father of Mr. Wang Tan Jiong (王锬炯) who is a non-executive Director, and is the uncle of Mr. Ni Wenjun who is an executive Director.

• Executive Directors

   

Mr. Ye Liaoning, born in 1965, is one of the founders of the Group, and currently is an executive Director, the Chairman of the Board and the chairman of the 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 (杰出甬商)” and the title of “Zhejiang Province Outstanding Builder of Socialism with Chinese characteristics (Non-public Economic Person) (浙江省非公有制经济人士新时代优秀中国特色社会主义事业建设者)” in the “40th Anniversary of Reform and Opening, Entrepreneurs of Time (改革开放40周年•时代甬商)” by the Ningbo City Government in November 2018. Mr. Ye was awarded “National May-First Labor Medal (全国五一劳动奖章)” and acquired the title of “Zhejiang Province Model Worker (浙江省劳动模范)” in April 2019. Mr. Ye was awarded the title of “National Model Worker (全国劳动模范)” in November 2020. Mr. Ye has senior professional knowledge and experience in optical industry, as well as extensive experience in operation management, strategic planning, risk management, capital market and financial management, and has years of leadership experience in Board committees.

• Executive Directors

   

Mr. Wang Wenjie,born in 1967,currently is an executive Director, CEO, the authorised representative of the Company and the member of the Strategy and Development Committee. He is responsible for the overall operation and management of the Group. Mr. Wang graduated from the Department of Optical Instrumentation Engineering (currently known as College of Optical Science and Engineering) of Zhejiang University with a bachelor’s degree in engineering in 1989 and joined the Group after his graduation. 

Mr. Wang has been awarded a qualification of chief senior economist issued by Zhejiang Province Human Resources and Social Security Department in December 2022. He has been an executive Director since December 2013, and has been appointed to act as the CEO and the authorised representative of the Company with effect from 26 November 2024. 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 operation management, strategic planning, risk management, capital market and financial management.

• Executive Directors

Mr. Ni Wenjun , born in 1968, is an executive Director and a member of each of the Remuneration Committee and the Strategy and Development Committee. Mr. Ni obtained a master’s degree in Business Administration for Senior Management Personnel from Xiamen University in June 2017 and a qualification certificate of senior economist issued by the government of Ningbo in October 2004. 

Mr. Ni has extensive experience in management in the manufacturing industry. Mr. Ni has been a chairman and a director of Ningbo Sunny Precision Industry Co., Ltd., a company established in the PRC and the shares of which are listed on Beijing Stock Exchange (stock code: 831906), since October 2019. Mr. Ni has also been a managing partner of Ningbo Wanshun Investment Management Partnership Enterprise (Limited Partnership) (宁波万舜投资管理合伙企业(有限合伙)) since July 2015, a chairman of Zhejiang Aimle Car Electric Technology Co., Ltd.(浙江艾姆勒车电科技有限公司) since November 2021, and a chairman of Suzhou Zhongyao Technology Co., Ltd.(苏州中耀科技有限公司) since February 2022. Moreover, Mr. Ni developed his competence in business management from his prior working experience. He was a chairman of Hangzhou Shunli Optoelectronics Technology Co., Ltd.* (杭州舜立光电科技有限公司) from February 2018 to February 2024, a director of Ningbo Shuncheng Intelligent Technology Co., Ltd.(宁波舜成智能科技有限公司) from October 2018 to July 2020, a chairman of Ningbo Herun Intelligent Optoelectronics Co., Ltd.(宁波合润智能光电有限公司) from August 2021 to May 2022 and an executive director of Ningbo Sunny Precision Inspection Co., Ltd.(宁波舜宇精工检测有限公司) from June 2023 to October 2024. 

Mr. Ni has senior professional knowledge and experience in optical industry, as well as extensive experience in operation management, strategic planning, risk management, capital market and financial management, and has years of leadership experience in Board committees. Mr. Ni has been appointed as an executive Director and a member of each of the Remuneration Committee and the Strategy and Development Committee with effect from 1 July 2025. Mr. Ni is the nephew of Mr. Wang Wenjian, a non-executive Director and the cousin of Mr. Wang Tan Jiong, a non-executive Director.

• Non-executive Directors

Mr. Wang Tan Jiong, born in 1975,currently is a non-executive Director, the member of the Nomination Committee and the member of the Strategy and Development Committee. Mr. Wang joined the Group in September 1996, and he mainly engaged in the marketing of instruments business and was responsible for developing overseas business. From September 2007, Mr. Wang was the general manager’s assistant at Ningbo Sunny Electronic Limited (宁波舜宇电子有限公司), and he was responsible for formulating company strategies, expanding business, and managing operations until April 2009. Mr. Wang has been focusing on overseas investment activities, including private and public capital markets, as well as other investments since May 2009. Mr. Wang studied Foreign Trade in English at Ningbo University in the People’s Republic of China from 1994 to 1996. 

Mr. Wang has extensive experience in operation management, strategic planning, capital market and financial management. Mr. Wang has been appointed as a non-executive Director and a member of both Nomination Committee and Strategy and Development Committee with effect from 1 October 2024. Mr. Wang is the son of Mr. Wang Wenjian (王文鉴), a non-executive Director and the cousin of Mr. Ni Wenjun, an executive Director.

• Independent Non-executive Directors

   

Mr. Feng Hua Jun, born in 1963, is an independent non-executive Director, the chairman of the Nomination Committee, a member of each of the Audit Committee and the Strategy and Development 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. 

Mr. Feng has been an independent non-executive Director of the Company 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 committees.

• Independent Non-executive Directors

Mr. Chen Gang, born in 1981, is an independent non-executive Director, a chairman of the Remuneration Committee and a member of both Audit Committee and Nomination Committee. Mr. Chen graduated from the department of automation of Tsinghua University with a bachelor’s degree of engineering in July 2004 and a master’s degree of engineering in July 2006. Mr. Chen also obtained a Master of Business Administration from Leland Stanford Junior University in the USA in June 2011. 

Mr. Chen has been a managing director of Yuantai Investment Partners Management, LLC since May 2016, and is responsible for the fund’s investment and management. Mr. Chen was the deputy director of strategic management department of Vipshop (China) Co., Ltd. from January 2015 to May 2016, and an integration process director of Anheuser-Busch InBev (China) Co. Ltd. from January 2014 to January 2015. Mr. Chen worked at Boston Consulting (Shanghai) Co., Ltd. in which his last position was a project leader, and he was responsible for leading and executing various strategic management projects from August 2006 to December 2013. Mr. Chen has extensive experience in operation management, strategic planning, risk management, capital market and financial management. Mr. Chen has been appointed as an independent non-executive Director, a chairman of the Remuneration Committee and a member of both Audit Committee and Nomination Committee with effect from 1 January 2025.

• Independent Non-executive Directors

Ms. Thoeng Wai Yee Cheryl , born in 1962, is an independent non- executive Director, the chairwoman of the Audit Committee and a member of each of the Remuneration Committee and the Nomination Committee. Ms. Thoeng obtained a bachelor’s degree of Science in Computer and Information Science from Cleveland State University, Ohio, USA in December 1983 and a master’s degree of Applied Finance from Macquarie University in Australia in November 1998. 

From November 1993 to July 2011, Ms. Thoeng worked at Standard Chartered Bank (HK) Ltd, and her last position was head of audit-retail distribution. Ms. Thoeng was responsible for devising and delivering audit plans and planning and executing of audits at China Construction Bank (Asia) Corporation Limited from July 2011 to October 2017, and her last position was general manager, head of internal audit division. Ms. Thoeng obtained a certified public accountant qualification from the Washington State Board of Accountancy in Washington, USA, in June 2001. Ms. Thoeng has extensive experience in operation management, strategic planning, risk management, financial management and professional audit service. Ms. Thoeng has been appointed as an independent non-executive Director, the chairwoman of the Audit Committee and a member of each of the Remuneration Committee and the Nomination Committee, respectively with effect from 22 April 2025.