BOARD OF DIRECTORS

Our Board of Directors is the primary decision-making body of our Company, setting fundamental business strategies and policies for the management and operation of our business and monitoring their implementation.

Our Board currently consists of seven Directors, comprising two executive Directors, two non-executive Directors and three independent non-executive Directors.

Executive Directors

Ms. CHAN Judy (陳芳)

Ms. Chan, aged 40, was appointed as an executive Director on 14 February 2012 and the Chairlady and Chief Executive Officer on 24 July 2017. She first joined our Group in June 2002 as a director of Shanxi Grace Vineyard. She is primarily responsible for overseeing the general management and business development, and formulates the business strategies and policies for the business management and operations of the Group. Ms. Chan is the daughter of Ms. Wong, the Substantial Shareholder of the Company, and is the sister-in-law of Ms. Hou, our non-executive Director.

Ms. Chan has over 16 years of experience in the wine making industry. Prior to joining our Group, from March 2000 to November 2001, Ms. Chan worked as an analyst at Goldman Sachs (Asia) L.L.C., in Hong Kong. Ms. Chan has been an independent non-executive director of Sing Tao News Corporation Limited (SEHK: 1105) (principally engaged in media operations) since June 2013. She has been an independent non-executive director and a member of the remuneration committee of Memories Group Limited (SGX: 1H4) (principally engaged in tourism businesses in Myanmar) since December 2017.

Ms. Chan graduated from the University of Michigan in the United States with a bachelor ’s degree in psychology, women’s studies and organisational studies in December 1999. Ms. Chan was named as one of the “2014 Most Innovative Women in Food and Drink” by Fortune magazine and Food & Wine magazine in September 2014. She was also named as one of the “Future Women in the Mix in Asia: 12 to Watch” by Forbes Asia in March 2013. She was named as one of the 50 most important people in “The Decanter Power List 2013” published by the Decanter in

July 2013 and a “Young Global Leader” by the World Economic Forum in March 2013. Ms. Chan was also awarded “Asia Wine Personality of the Year 2012” by The Drink Business magazine and the Institute & Masters of Wine in 2012. She was named as one of “China’s 25 Most Influential Businesswomen” by Fortune China magazine in November 2012 and one of the “50 Most Influential Women in the Wine Industry” by The Drink Business magazine in December 2012. Ms. Chan was also awarded “Entrepreneur of the Year China 2010” under the category of Hong Kong/Macau Region Emerging Entrepreneur of the Year by Ernst & Young in 2010. Ms. Chan has been a member of the Second Session of the Chinese People’s Political Consultative Conference of Jinzhong County (中國人民政治協商會議第二屆晉中市委員會委員), a member of the Chinese People’s Political Consultative Conference of Shanxi Province (中國人民政治協商會 議山西省委員會委員) and a member of the 11th Session of the Chinese People’s Political Consultative Conference of Shanxi Province (中國人民政治協商會議第十一屆山西省委員會委員) since May 2005, February 2008 and January 2013, respectively. She was appointed as a member of the Ninth Session of the Shanxi Qiaolian (山西僑聯第九屆委員) on March 2013 and an executive director of the Fifth Session of the Shanxi Overseas Friendship Association (山西海外 聯誼會第五屆常務理事) since December 2012. Ms. Chan has also been a director of the Seventh Session of the board of trustees of Huaqiao University (華僑大學第七屆董事會董事) since November 2014 and an honorary chairlady of the First Session of the Huaqiao University Youth Federation (華僑大學青年聯合會第一屆名譽主席) since October 2013.

Mr. FAN Chi Chiu (范智超)

Mr. Fan, aged 32, first joined our Group and was appointed as an executive Director on 24 July 2017. He is primarily responsible for overseeing the financial management and strategies, compliance and investor relations of the Group.

Mr. Fan has over nine years of working experience in the auditing and financial management industry. Mr. Fan has worked at ELL Environmental Holdings Limited (“ELL”) (principally engaged in the provision of waste water services in the PRC) (SEHK: 1395) since April 2015, with his current position as chief financial officer, where he is primarily responsible for overseeing the financial management and the company’s compliance with laws and regulations in Hong Kong. From April 2014 to March 2015, Mr. Fan was a finance director at Vantasia Holdings (H.K.) Limited (principally engaged in financial services business in the PRC) where he was primarily responsible for financial management, business strategic planning and investor relations. From July 2011 to February 2014, he worked as an analyst at Barclays Investment Bank. From October 2007 to June 2011, he worked at PricewaterhouseCoopers, with his last position as a senior associate.

The Directors are of the view that Mr. Fan has been and will continue to be able to allocate sufficient time to discharge his duties and responsibilities as an executive Director of the Company on the basis that (i) Mr. Fan’s main duties and responsibilities as executive Director of the Company are to oversee financial management and strategies, compliance and investor relations and he is not involved in the day-to-day operations of the Company; (ii) there are sufficient resources available to Mr. Fan at the Company, including a finance team, to support him to efficiently carry out his duties; and (iii) Mr. Fan has accumulated extensive experience through his previous positions in the audit field and his current position as the chief financial officer of ELL.

Mr. Fan obtained his bachelor ’s degree in business administration, majoring in professional accountancy, from The Chinese University of Hong Kong in December 2007. Mr. Fan has been a member of the Hong Kong Institute of Certified Public Accountants since January 2011.

Non-executive Directors

Ms. HOU Tan Tan Danielle (侯旦丹)

Ms. Hou, aged 33, was appointed as a non-executive Director on 24 July 2017. She is primarily responsible for advising the Company on issues of strategy, policy, performance, accountability, resources , key appointments and standard of conduct . Ms . Hou is the daughter-in-law of Ms. Wong, the Substantial Shareholder of the Company, and is the sister-in-law of Ms. Chan, our executive Director, Chairlady of the Board and Chief Executive Director.

Ms. Hou has been acting as the deputy art director of King Fook Holding Limited (SEHK: 280) since June 2016. From February 2015 to May 2016, she worked as a specialist trainee/cataloguer in the jewellery department of Sotheby’s Hong Kong Limited. From July 2008 to August 2011, Ms. Hou worked as an analyst in the China investment banking department of Citigroup Global Markets Asia Limited.

Ms. Hou obtained her bachelor ’s degree in business administration from Abilene Christian University in the United States in May 2008.

Mr. CHOW Christer Ho (周灝)

Mr. Chow, aged 44, was appointed as a non-executive Director on 24 July 2017. He is responsible for advising the Company on issues of strategy, policy, performance, accountability, resources, key appointments and standard of conduct.

Mr. Chow has over 15 years of experience in the real estate development and investment industry. Currently, Mr. Chow is a managing director of LaSalle Investment Management, a member of the Jones Lang LaSalle Group (principally engaged in real estate investment management), where he is primarily responsible for advising and managing real estate investment portfolios of institutional investors. From 2007 to March 2012, he worked at Jones Lang LaSalle, with his last position as the head of corporate finance, Greater China, where he was primarily responsible for providing real estate investment advisory and consulting services. From January 2003 to 2007, Mr. Chow worked at Hong Kong Disneyland Management Limited with his last position as development manager, where he was primarily responsible for the master planning, infrastructure and development management of the Hong Kong Disneyland Resort.

Mr. Chow obtained his bachelor ’s degree in civil engineering and his master ’s degree in civil engineering from the University of California, Los Angeles (UCLA) in the United States in June 1995 and June 1996 , respectively. He then obtained his master ’s degree in business administration from the Hong Kong University of Science and Technology in August 2002. Mr. Chow also serves on the MBA Alumni Advisory Board of the Hong Kong University of Science and Technology business school since 2011 and has been on the jury board of the MIPIM Asia Awards, an internationally renowned real estate competition, since 2015.

Independent Non-executive Directors

Mr. HO Kent Ching-tak (何正德)

Mr. Ho, aged 37, was appointed as an independent non-executive Director on 1 June 2018. He is responsible for providing independent judgement on strategy, policy, performance, accountability, resources, key appointments and standard of conduct.

Mr. Ho was a non-executive director from May 2010 to February 2014 and has been acting as an executive director of Sing Tao News Corporation Limited (SEHK: 1105) since February 2014 where he is primarily responsible for the development of digital media and related business in Hong Kong, North America, Australia, Europe and the PRC.

Mr. Ho has over seven years of experience in media business development. He is also experienced in wealth management and investments focusing on high-tech industries since 2015. In May 2015, Mr. Ho founded Spectrum 28, a venture capital firm based in Silicon Valley, where he has been a managing partner since June 2015.

Mr. Ho obtained his bachelor ’s degree in economics and a certificate in the markets and management programme from Duke University in the United States in May 2003. He then obtained a master ’s degree in business administration from Stanford Graduate School of Business in the United States in June 2009. Mr. Ho has also been a member of the board of directors of the Hong Kong Science and Technology Parks Corporation since July 2017, a member of the Hong Kong Trade Development Council’s Innovation and Technology Advisory Committee since April 2017 and was conferred the title of Honorary Trustee of Peking University in December 2016.

Mr. LIM Leung Yau Edwin (林良友)

Mr. Lim, aged 55, was appointed as an independent non-executive Director on 1 June 2018. He is responsible for providing independent judgement on strategy, policy, performance, accountability, resources, key appointments and standard of conduct.

Mr. Lim has over 32 years of experience in the finance and banking industry. Currently, he is a managing director and the market group head at Credit Suisse AG Hong Kong branch since July 2016. From June 2011 to July 2016, Mr. Lim worked at J.P. Morgan Private Bank, with his last position as a managing director and the head of private wealth management, Northeast Asia, where he was primarily responsible for leading and supervising his team and delivering investment, wealth and capital advisory services to high net worth clients in the North East Asia region. From August 2006 to June 2011, he worked at DBS Bank (Hong Kong) Limited, with his last position as head of North Asia, private banking and wealth management, where he was primarily responsible for providing wealth management advisory services to high net worth individuals in the region. Prior to that, from 1986 to 2006, Mr. Lim had worked at various banks including Credit Suisse, Citibank, N.A. and Barclays Bank Plc.

In view of Mr. Lim holding a bachelor ’s degree in business administration majoring in finance and having obtained experience in reviewing and analysing audited financial statements of public companies gained from his positions in various banking institutions, our Directors believe that Mr. Lim has the appropriate financial management expertise for the purpose of Rule 5.05(2) of the GEM Listing Rules.

Mr. Lim obtained his bachelor ’s degree in business administration, majoring in finance, from The Chinese University of Hong Kong in July 1986. Mr. Lim has been certified as a private wealth professional by the Private Wealth Management Association Limited since March 2016.

Mr. Lim was a director of Tredueotto Limited, a company incorporated in Hong Kong and dissolved by striking off (but not by member ’s voluntary winding-up) on 14 October 2011 pursuant to section 291 of the Predecessor Companies Ordinance. Mr. Lim confirmed that such company had never commenced business operation since incorporation and was solvent at the time of dissolution.

Mr. Alec Peter TRACY

Mr. Tracy, aged 52, was appointed as an independent non-executive Director on 1 June 2018. He is responsible for providing independent judgement on strategy, policy, performance, accountability, resources, key appointments and standard of conduct.

Mr. Tracy has over 22 years of experience in the legal industry. Currently, Mr. Tracy is a consultant to Admiralty Harbour Capital Limited (formerly known as TCL Capital (Hong Kong) Limited) (principally engaged in asset management and advising on securities) since March 2018. Mr. Tracy was a counsel at Ascent Capital Advisors Limited (principally engaged in growth capital, middle market buyout and special situation investments) from January 2017 to December 2017, where he was primarily responsible for advising on legal matters and assisting with the making and monitoring of private equity investments. From September 1994 to June 2016, he practiced law with Skadden, Arps, Slate, Meagher & Flom LLP and its affiliated law practices (“Skadden”), with his last position as a partner in Skadden’s Hong Kong office. At Skadden, he advised companies, investment banks, financial sponsors and governmental entities on cross-border mergers and acquisitions, corporate finance transactions and general corporate matters.

Mr. Tracy obtained his bachelor ’s degree in East Asian studies from Princeton University in the United States in June 1989. He then obtained a juris doctor degree from New York University in the United States in December 1994. Mr. Tracy was admitted to the New York State bar in August 1995 and as a solicitor of Hong Kong in June 2004.

Save as disclosed above, and to the best of knowledge, information, and belief of our Directors after having made all reasonable enquiries, there is no other information in respect of our Directors that is disclosable pursuant to Rule 17.50(2)(a) to (v) of the GEM Listing Rules and there is no other matter that needs to be brought to the attention of our Shareholders.