NewOcean Energy Holdings Limited Announces Management Changes
December 20, 2021 at 04:21 am EST
The board of directors of NewOcean Energy Holdings Limited announced that Mr. Li Xiong jie (Mr. Li), Mr. Huang Yao Peng (Mr. Huang) and Mr.
Cai Zhi Hui (Mr. Cai) have been appointed as independent non-executive directors of the Company
with effect from 17 December 2021. Mr. Li was appointed as an independent non-executive director, chairman of audit
committee, chairman of remuneration committee and member of nomination committee of the
Company on 17 December 2021. Mr. Li is a fellow member of Chinese Institute of Certified Public Accountants and has over 20 years working
experience in certified public accountants firms in Mainland China. Mr. Huang was appointed as an independent non-executive director, member of audit
committee, member of remuneration committee and member of nomination committee of the
Company on 17 December 2021.
For the last 20 years, Mr. Huang's business activities mainly involve energy
projects and trading with major oil corporations in the Mainland Chinaand has accumulated wide
experience in both these fields. Mr. Cai was appointed as an independent non-executive director, member of audit
committee, member of remuneration committee and member of nomination committee of the
Company on 17 December 2021.
For the last 30 years Mr. Cai has been involved in various property development
projects in Mainland China.