The Board of Directors consists of 8 Directors comprising 3executive Directors, 1 non-executive Director and 4 independent non-executive Directors.

• Non-executive Directors

            

Mr. Wang Wenjian, aged 78, 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 of  the  Board  (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” 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 operation management, strategic planning, risk management, capital operation and financial management, and has years of leadership experience in Board committees. Mr. Wang is the father of Mr. Wang Tan Jiong, an executive Director, and the uncle of Mr. Ni Wenjun, an executive Director.

• Executive Directors

Mr. Wang Tan Jiong, aged 50,  currently is  an  executive Director, the chairman of the Board (“Chairman”) and the chairman of the strategy and development committee of the Board (the “Strategy and Development Committee”). He is responsible for formulating  the Group’s policies and making decisions. Mr. Wang studied Foreign Trade in English at Ningbo University in China from 1994 to 1996. 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, and he was responsible for formulating company strategies, expanding business, and managing operations until April 2009. Mr. Wang focused on private investment activities since May 2009. Mr. Wang has many years of  professional knowledge and experience   in optical industry, as well as extensive experience in operation management, strategic planning, risk management, environment/ climate risk management, social responsibility management, capital operation and financial management, and has leadership experience in Board committees. Mr. Wang has been appointed as a non-executive Director and a member of both Nomination Committee and Strategy and Development Committee since 1 October 2024. Mr. Wang is the son of Mr. Wang Wenjian, a non-executive Director and cousin of Mr. Ni Wenjun, an executive Director.

• Executive Directors

   

Mr. Wang Wenjie, aged 58, chief senior economist and currently is   an executive Director, chief executive officer (“CEO”), the authorised representative 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 appointed as the non-executive director and chairman of the board of the Ningbo Sunny Smart Autotech Company Limited, a subsidiary of the Company, (“Spin-off Company”) since November 2025 and has been appointed as the director of Goertek Optical since December 2025. 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, environment/climate risk management, social responsibility management, technical management and capital operation.

• Executive Directors

Mr. Ni Wenjun, aged 57, currently is an executive Director, executive president, a member of each of the remuneration committee of the Board (the “Remuneration Committee”), and the Strategy and Development Committee. He is responsible for the strategy execution and daily operation of the Group. Mr. Ni obtained a master’s degree  in Business Administration for Senior Management Personnel from Xiamen University, the PRC in June 2017 and a qualification certificate of senior economist issued by the government of Ningbo, the PRC 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: 920906) in the PRC, since October 2019. Mr. Ni has also been a managing partner of Ningbo Wanshun Investment Management Partnership Enterprise (Limited Partnership) since July 2015, a chairman of Zhejiang Aimle Car Electric Technology Co., Ltd. since November 2021, and a chairman of Suzhou Zhongyao Technology Co., Ltd. since February 2022. Meanwhile, Mr. Ni  was a chairman   of Hangzhou Shunli Optoelectronics Technology Co., Ltd. from February 2018 to February 2024, a director of Ningbo Shuncheng Intelligent Technology Co., Ltd. from October 2018 to July 2020, a chairman of Ningbo Herun Intelligent Optoelectronics Co., Ltd. from August 2021 to May 2022, an executive director of Ningbo Sunny Precision Inspection Co., Ltd. from June 2023 to October 2024, a non-executive director of the Spin-Off Company since November 2025 and a  director of  Goertek Optical since December 2025. Mr.   Ni has senior professional knowledge and experience in optical industry, as well as extensive experience in operation management, strategic planning, risk management, environment/climate risk management, social responsibility management, capital operation and financial management, and has  years of  leadership experience in Board committees. Mr. Ni is the nephew of Mr. Wang Wenjian, a non-executive Director and the cousin of Mr. Wang Tan Jiong, an executive Director.

• Independent Non-executive Directors

   

Mr. Feng Hua Jun, aged 62, is an independent non-executive Director, the chairman of the Nomination Committee, a member of each of the audit committee of the Board (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. He 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, aged 44, is an independent non-executive Director,   a chairman of the Remuneration Committee and a member of both Audit Committee and Nomination Committee from 1 January 2025. 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 United States of America (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 operation and financial management, and has leadership experience in Board committees.

• Independent Non-executive Directors

Ms. Thoeng Wai Yee Cheryl, aged 63 , is an independent non-executive Director, the chairperson of the Audit Committee and a member of each of the Remuneration Committee and the Nomination Committee from 22 April 2025. Ms. Thoeng holds a bachelor’s degree 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. Ms. Thoeng worked at Standard Chartered Bank (HK) Ltd. from November 1993 to July 2011 with the last position held as Head of Audit-retail Distribution. From July 2011 to  October 2017, Ms. Thoeng worked   at China Construction Bank (Asia) Corporation Limited and her last position held as 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.

• Independent Non-executive Directors

Ms. Ching Wan Fung, aged 56, 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. Ching obtained a Bachelor of Arts Degree in Accountancy from the City University of Hong Kong (formerly known as the City Polytechnic of Hong Kong) in November 1991 and a Master’s degree in Applied Finance from Macquarie University, Australia in October 1997. Furthermore, she has also completed the Accelerated Development Program at London Business School, United Kingdom  in May 1999. Ms. Ching is a member of the Association of Chartered Certified Accountants since November 1994 and is currently a fellow member. Prior to joining the Group, from August 1991 to July 1992, Ms. Ching worked at Deloitte Touche Tohmatsu, Hong Kong as Junior Accountant in the Audit Department and thereafter was promoted to Assistant Accountant in July 1992. From January 1994 to December 1994, she served as Regional Internal Audit Assistant at Standard Chartered Asia Ltd and  thereafter was  promoted to  Senior Auditor  at Standard Chartered Bank (Hong Kong) Limited from January 1995 to January 1998. From January 1998 to June 1999, she joined PricewaterhouseCoopers Limited, Hong Kong as Manager in the Assurance and Business Advisory Services Department and thereafter was promoted to Senior Manager in the Global Risk Management Solutions Department from July 1999 to September 2002. From October 2002 to April 2005, she was employed by EFG Private Bank SA, Hong Kong Branch, as Senior Audit Manager and was responsible for audit mandates in Hong Kong. From April 2005 to March 2008,  she was employed by DBS Bank (Hong Kong) Limited, with her last position as Vice President, Group Audit. From April 2008 to July 2012, she was employed by Prudential Corporation Asia Limited, with her last position as Principal Audit Manager, Groupwide Internal Audit, North Asia/Head of Audit, North Asia. From  September 2016  to April 2017, she held the last position of Senior Audit Manager of GBL Ins & Pensions Audit at The Hongkong and Shanghai Banking Corporation Limited, Hong Kong. From April 2017 to July 2021, she held the last position of Assistant Vice President, Internal Audit, Asia, at Sun Life Assurance Company of Canada in Hong Kong.

Ms. Ching has extensive experience and knowledge in operation management, strategic planning, risk management, capital operation, financial management and professional audit service.