CHINA COMMUNICATIONS SERVICES CORPORATION LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy o r com p leten ess an d exp ressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
中國通信服務股份有限公司
CHINA COMMUNICATIONS SERVICES CORPORATION LIMITED(A joint stock limited company incorporated in the People's Republic of China with limited liability)
（Stock Code：552）
Poll Results of the 2014 Annual General Meeting, Payment of Final Dividend and Appointment of Directors and Supervisors
The Board of the Company hereby announces that all the proposed resolutions set out in the notice convening the AGM dated 20 April 2015 and the supplemental notice of the AGM dated 1 June 2015 were duly passed by the shareholders of the Company by way of poll at the AGM held on 26 June
2015.
The declaration and payment of a final dividend of RMB0.0931 per share (equivalent to HK$0.11807 per share) (pre-tax) for the year ended 31 December 2014 were approved at the AGM. The final dividend will be paid on or about 18 August 2015.
Poll Results of the AGM
The board of directors (the "Board") of China Communications Services Corporation Limited (the "Company") hereby announces that all the proposed resolutions set out in the notice convening the 2014 annual general meeting (the "AGM") dated 20 April 2015 and the supplemental notice of the AGM dated 1
June 2015 were duly passed by the shareholders of the Company by way of poll at the AGM held on Friday,
26 June 2015 at No. 19, Chaoyangmen Beidajie, Dongcheng District, Beijing, PRC.
The total number of issued shares of the Company as at the date of the AGM was 6,926,018,400, which was the total number of shares entitling the holders to attend and vote for or against any of the resolutions proposed at the AGM. There were no restrictions on any shareholders casting votes on any of the proposed resolutions at the AGM. Shareholders and authorized proxies holding an aggregate of 5,692,505,870 shares, representing 82.19% of the total voting shares of the Company were present at the AGM. The holding of the AGM was in compliance with the requirements of the Company Law of the People's Republic of China and the provisions of the articles of association of the Company (the "Articles").
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The poll results in respect of the proposed resolutions at the AGM were as follows:
Ordinary Resolutions | Total no. of votes (%) | ||
Ordinary Resolutions | For | Against | |
1. | To approve the consolidated financial statements of the Company, the report of the Directors, the report of the Supervisory Committee and the report of the international auditors for the year ended 31 December 2014 and to authorize the Board to prepare the budget for the year 2015. | 5,692,505,870 (100%) | 0 (0%) |
1. | As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. | ||
2. | To approve the profit distribution proposal and the declaration and payment of a final dividend for the year ended 31 December 2014. | 5,692,505,870 (100%) | 0 (0%) |
2. | As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. | ||
3. | To approve the appointment of Deloitte Touche Tohmatsu and Deloitte Touche Tohmatsu Certified Public Accountants LLP as the international auditors and domestic auditors of the Company, respectively, for the year ending 31 December 2015, and to authorize the Board to fix the remuneration of the auditors. | 5,692,505,870 (100%) | 0 (0%) |
3. | As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. | ||
4. | 4.1 To approve the appointment of Mr. Sun Kangmin as an executive director of the Company and authorize any director of the Company to sign the director's service contract with Mr. Sun Kangmin and the Board to determine his remuneration. (Ordinary resolution numbered 4.1 as set out in the notice of the AGM dated 20 April 2015) | 5,673,107,906 (99.67%) | 18,955,964 (0.33%) |
4. | As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. | ||
4. | 4.2 To approve the appointment of Mr. Si Furong as an executive director of the Company and authorize any director of the Company to sign the director's service contract with Mr. Si Furong and the Board to determine his remuneration. (Ordinary resolution numbered 4.2 as set out in the notice of the AGM dated 20 April 2015) | 5,679,739,806 (99.78%) | 12,766,064 (0.22%) |
4. | As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. | ||
4. | 4.3 To approve the appointment of Ms. Hou Rui as an executive director of the Company and authorize any director of the Company to sign the director's service contract with Ms. Hou Rui and the Board to determine her remuneration. (Ordinary resolution numbered 4.3 as set out in the notice of the AGM dated 20 April 2015) | 5,678,836,206 (99.76%) | 13,669,664 (0.24%) |
4. | As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. |
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4.4 To approve the appointment of Mr. Li Zhengmao as a non- executive director of the Company and authorize any director of the Company to sign the director's service contract with Mr. Li Zhengmao and the Board to determine his remuneration. (Ordinary resolution numbered 4.4 as set out in the notice of the AGM dated 20 April 2015) | 5,678,836,206 (99.76%) | 13,669,664 (0.24%) |
As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. | ||
4.5 To approve the appointment of Mr. Zhang Junan as a non- executive director of the Company and authorize any director of the Company to sign the director's service contract with Mr. Zhang Junan and the Board to determine his remuneration. (Ordinary resolution numbered 4.5 as set out in the notice of the AGM dated 20 April 2015) | 5,677,344,003 (99.73%) | 15,161,867 (0.27%) |
As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. | ||
4.6 To approve the appointment of Mr. Wang Jun as an independent non-executive director of the Company and authorize any director of the Company to sign the director's service contract with Mr. Wang Jun and the Board to determine his remuneration. (Ordinary resolution numbered 4.6 as set out in the notice of the AGM dated 20 April 2015) | 5,678,836,206 (99.76%) | 13,669,664 (0.24%) |
As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. | ||
4.7 To approve the appointment of Mr. Zhao Chunjun as an independent non-executive director of the Company and authorize any director of the Company to sign the director's service contract with Mr. Zhao Chunjun and the Board to determine his remuneration. (Ordinary resolution numbered 4.7 as set out in the notice of the AGM dated 20 April 2015) | 5,678,836,206 (99.76%) | 13,669,664 (0.24%) |
As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. | ||
4.8 To approve the appointment of Mr. Siu Wai Keung, Francis as an independent non-executive director of the Company and authorize any director of the Company to sign the director's service contract with Mr. Siu Wai Keung, Francis and the Board to determine his remuneration. (Ordinary resolution numbered 4.8 as set out in the notice of the AGM dated 20 April 2015) | 5,406,754,259 (94.98%) | 285,751,611 (5.02%) |
As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. |
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4.9 To approve the appointment of Mr. Lv Tingjie as an independent non-executive director of the Company and authorize any director of the Company to sign the director's service contract with Mr. Lv Tingjie and the Board to determine his remuneration. (Ordinary resolution numbered 4.9 as set out in the supplemental notice of the AGM dated 1 June 2015) | 5,619,618,478 (98.84%) | 66,145,392 (1.16%) | |
As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. | |||
4.10 To approve the appointment of Mr. Wu Taishi as an independent non-executive director of the Company and authorize any director of the Company to sign the director's service contract with Mr. Wu Taishi and the Board to determine his remuneration. (Ordinary resolution numbered 4.10 as set out in the supplemental notice of the AGM dated 1 June 2015) | 5,669,204,879 (99.71%) | 16,558,991 (0.29%) | |
As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. | |||
5. | 5.1 To approve the appointment of Ms. Xia Jianghua as a supervisor of the Company. (Ordinary resolution numbered 5.1 as set out in the notice of the AGM dated 20 April 2015) | 5,669,984,606 (99.60%) | 22,521,264 (0.40%) |
5. | As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. | ||
5. | 5.2 To approve the appointment of Mr. Hai Liancheng as a supervisor of the Company. (Ordinary resolution numbered 5.2 as set out in the notice of the AGM dated 20 April 2015) | 5,679,739,806 (99.78%) | 12,766,064 (0.22%) |
5. | As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. | ||
5. | 5.3 To authorize any director to sign the supervisor's service contract with each supervisor and to authorize the supervisory committee of the Company to determine the supervisor's remuneration. (Ordinary resolution numbered 5.3 as set out in the notice of the AGM dated 20 April 2015) | 5,682,075,870 (99.82%) | 10,430,000 (0.18%) |
5. | As more than 1/2 of the votes were cast in favour of this resolution, the resolution was duly passed as an ordinary resolution. | ||
Special Resolutions | Total no. of votes (%) | ||
Special Resolutions | For | Against | |
6. | 6.1 To grant a general mandate to the Board to issue debentures. (Special resolution numbered 6.1 as set out in the notice of the AGM dated 20 April 2015) | 5,159,705,798 (90.64%) | 532,800,072 (9.36%) |
6. | As more than 2/3 of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution. |
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6.2 To authorize the Board or any two of the three duly authorized Directors to determine the specific terms and conditions of, and other matters relating to, the issue of debentures. (Special resolution numbered 6.2 as set out in the notice of the AGM dated 20 April 2015) | 5,151,477,749 (90.50%) | 541,028,121 (9.50%) | |
As more than 2/3 of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution. | |||
6.3 To approve the grant of the general mandate under this resolution to be valid for 12 months from the date of approval of this resolution at the AGM. (Special resolution numbered 6.3 as set out in the notice of the AGM dated 20 April 2015) | 5,159,705,798 (90.64%) | 532,800,072 (9.36%) | |
As more than 2/3 of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution. | |||
7. | To grant a general mandate to the Board to issue, allot and deal with the additional shares in the Company not exceeding 20% of each of the existing domestic shares and H shares (as the case may be) in issue. (Special resolution numbered 7 as set out in the notice of the AGM dated 20 April 2015) | 4,714,736,799 (82.82%) | 977,769,071 (17.18%) |
7. | As more than 2/3 of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution. | ||
8. | To authorize the Board to increase the registered capital of the Company and to amend the Articles to reflect the issue of shares of the Company authorized under the general mandate set out in the special resolution numbered 7 above. (Special resolution numbered 8 as set out in the notice of the AGM dated 20 April 2015) | 4,728,685,100 (83.07%) | 963,820,770 (16.93%) |
8. | As more than 2/3 of the votes were cast in favour of this resolution, the resolution was duly passed as a special resolution. |
Computershare Hong Kong Investor Services Limited was the scrutineer for the vote-taking at the AGM.
Payment of the Final Dividend
The declaration and payment of a final dividend of RMB0.0931 per share (equivalent to HK$0.11807 per share)(pre-tax) for the year ended 31 December 2014 were approved at the AGM. The payment shall be made to shareholders whose names appeared on the register of members of the Company on Monday, 13
July 2015. The register of members will be closed from Wednesday, 8 July 2015 to Monday, 13 July 2015 (both days inclusive). In order to be entitled to the final dividend, H share shareholders who have not
registered the transfer documents are required to deposit the transfer documents together with the relevant
share certificates at Computershare Hong Kong Investor Services Limited, at Rooms 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong at or before 4:30 p.m. on Tuesday, 7 July
2015. Dividends will be denominated and declared in Renminbi. Dividends for holders of domestic shares
and the holders of the Company's H shares through the Southbound Trading Link (the "Southbound Shareholders") will be paid in Renminbi, and dividends for H share shareholders other than the Southbound Shareholders will be paid in Hong Kong dollars. The relevant exchange rate will be the average of the mid-
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point rates of Renminbi to Hong Kong dollars as announced by the People's Bank of China for the week prior to the date of approval of declaration of dividends by the AGM (RMB$0.78851 equivalent to HK$1.00). The record date for entitlement to the shareholders' rights and the relevant arrangements of dividend
distribution for Southbound Shareholders are the same as those for the Company's H share shareholders.
For H share shareholders other than the Southbound Shareholders, the Company has appointed ICBC (Asia) Trustee Company Limited as the receiving agent in Hong Kong (the "Receiving Agent") and will pay to such Receiving Agent the final dividend net of the applicable tax for payment to the H share shareholders other than the Southbound Shareholders. The final dividend will be paid by the Receiving Agent net of the applicable tax on or about 18 August 2015. Relevant cheques will be dispatched on the same day to the H shares shareholders entitled to receive such dividend by ordinary post and at their own risk. For investors of the Shanghai Stock Exchange (including enterprises and individuals) investing in the H shares of the Company listed on Hong Kong Stock Exchange ("the Southbound Trading Link"), the Company will pay to the Shanghai branch of China Securities Depository and Clearing Corporation Limited ("China Clear"), which is acting as the nominee of the Southbound Shareholders, the final dividend net of the applicable tax on or about 18 August 2015, and China Clear will pay such final dividend net of the applicable tax to the Southbound Shareholders via its depositary and clearing system.
For the overseas resident individual shareholders of the Company, pursuant to relevant laws and regulations including the Law of the People's Republic of China on Individual Income Tax, the Regulations for the Implementation of the Law of the People's Republic of China on Individual Income Tax, and the letter dated
28 June 2011 from the State Administration of Taxation to the Inland Revenue Department of Hong Kong, for individual H share shareholders receiving dividends who are Hong Kong or Macau residents or whose
country of domicile is a country which has entered into a tax treaty with the PRC stipulating a dividend tax
rate of 10%, the Company, as a withholding agent, is required to withhold and pay individual income tax at the rate of 10%. For individual H share shareholders receiving dividends whose country of domicile is a
country which has entered in to a tax treaty with the PRC stipulating a dividend tax rate lower than 10%,
the Company will withhold the individual income tax at a tax rate of 10%. The Company can process applications on behalf of those shareholders to seek entitlement of the relevant agreed preferential treatments pursuant to relevant regulations, and upon approval by the tax authorities, the extra amount of tax withheld will be refunded. For individual H share shareholders receiving dividends whose country of domicile is a country which has entered into a tax treaty with the PRC stipulating a dividend tax rate higher than 10% but lower than 20%, the Company will withhold the individual income tax at the agreed-upon effective tax rate when distributing dividends and no application procedures will be necessary. For individual H share shareholders receiving dividends whose country of domicile is a country which has not entered into any tax treaty with the PRC or are under other situations, the Company will withhold the individual income tax at a tax rate of 20% when distributing dividends.
For the overseas non-resident enterprise shareholders of the Company (including HKSCC Nominees Limited, corporate nominees or trustees, or other organizations or entities that are considered non-resident enterprise shareholders), pursuant to the Law of the People's Republic of China on Enterprise Income Tax, the Regulations for the Implementation of the Law of the People's Republic of China on Enterprise Income Tax and relevant rules and regulations, as a withholding agent, the Company is required to withhold and pay the enterprise income tax at the tax rate of 10% on behalf of the overseas non-resident enterprise shareholders.
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For the Company's H shares shareholders through the Southbound Trading Link, according to the relevant provisions under the "Notice on Tax Policies for Shanghai-Hong Kong Stock Connect Pilot Programme (Cai Shui [2014] No. 81)", the Company shall withhold individual income tax at the rate of 20% with respect to dividends received by the Mainland individual investors for investing in the H shares of the Company listed on the Hong Kong Stock Exchange through the Southbound Trading Link. In respect of the dividends for the investment of Mainland securities investment funds in the H shares of the Company listed on Hong Kong Stock Exchange through the Southbound Trading Link, the tax levied on dividends derived from such investment shall be ascertained by reference to the rules applicable to the treatment of individual income tax. The Company is not required to withhold income tax on dividends derived by the Mainland enterprise investors under the Southbound Trading Link, and such enterprises shall report the income and make tax payment by themselves.
Should the shareholders of the H shares of the Company have any doubt in relation to the aforesaid arrangements, they are recommended to consult their tax advisors for relevant tax impact in mainland China, Hong Kong and other countries (regions) on the possession and disposal of the H shares of the Company.
The appointment of each of the above directors and supervisors for the fourth session of the Board and the supervisory committee of the Company were approved at the AGM. In addition, Mr. Si Jianfei has been elected by the employees of the Company as the supervisor representing the employees' congress of the Company. The Company will enter into a service contract with each of the above directors and supervisors, for a term of three years commencing from 26 June 2015 to the date of annual general meeting of the Company for the year 2017 to be held in 2018. The Board and the supervisory committee of the Company will determine the remuneration of the directors and supervisors with reference to their duties, responsibilities, experience as well as the current market situations. Profiles of the directors and supervisors are set out in the appendix of this announcement.
Save as disclosed herein, none of the above directors and supervisors has held any directorship in public companies, the securities of which are listed on any securities market in Hong Kong or overseas, or taken up a post in any affiliated companies of the Company in the past three years. In addition, none of the above directors and supervisors has any relationship with any other director, supervisor, senior management, substantial shareholder or controlling shareholder of the Company. None of the above directors and supervisors has any equity interest in the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Save as disclosed herein, there is no other information relating to the above directors and supervisors to be disclosed pursuant to Rule 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited nor any matter which needs to be brought to the attention of the shareholders of the Company.
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Mr. Wei Leping, a member of the third session of the Board, retired as a director of the Company upon expiry of his term of office on 26 June 2015. Mr. Wei Leping has confirmed that he has no disagreement with the Board, and there is no other matter relating to his retirement that needs to be brought to the attention of the shareholders of the Company. The Board would like to express its sincere gratitude to Mr. Wei Leping for his valuable contributions to the Company during his tenure of office.
By Order of the Board
Company Secretary
Beijing, PRC, 26 June 2015
As at the date of this announcement, our executive directors are Mr. Sun Kangmin, Mr. Si Furong and Ms. Hou Rui, our non-executive directors are Mr. Li Zhengmao and Mr. Zhang Junan, and our independent non-executive directors are Mr. Wang Jun, Mr. Zhao Chunjun, Mr. Siu Wai Keung, Francis, Mr. Lv Tingjie and Mr. Wu Taishi.
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Appendix: Profiles of directors and supervisors of the Company
Mr. SUN Kangmin, age 57, is the Chairman of our Board of Directors and an Executive Director of our Company in charge of our overall management. Mr. Sun is also the Vice President of China Telecommunications Corporation, an Executive Director and Executive Vice President of China Telecom Corporation Limited and a Director of China Tower Corporation Limited. Mr. Sun is a senior engineer. He holds a bachelor degree. Mr. Sun served as Head of the Information Industry Department of Sichuan Province, Director General of Communication Administration Bureau of Sichuan Province, Chairman and General Manager of Sichuan Telecom Company Limited. Mr. Sun has 31 years of operational and managerial experience in the telecommunications industry in China.
Mr. SI Furong, age 54, is the President and an Executive Director of our Company, responsible for our daily operations and management. Mr. Si is also the Managing Director of the Sideline Industrial Management Department of China Telecommunications Corporation and a Director of China Tower Corporation Limited. Mr. Si graduated from Information Engineering University in 1982 with a bachelor degree in wireless telecommunications. He also received an EMBA degree from Peking University Guanghua School of Management in 2006. Mr. Si previously served as the Director of the Corporate Affairs Department of China Telecommunications Corporation, the Director of the Corporate Affairs Department of China Telecom Corporation Limited, the General Manager of Shaanxi Telecom Company Limited of China Telecommunications Corporation, the General Manager of Shaanxi branch of China Telecom Corporation Limited, the General Manager of China Telecommunications Corporation Shaanxi network asset branch and Chairman of Shaanxi Communication Services Company Limited. Prior to joining China Telecommunications Corporation, Mr. Si was the Deputy Director of the Personnel Department of the Ministry of Information Industry. Mr. Si has 30 years of operational and managerial experience in the telecommunications industry in China.
Ms. HOU Rui, age 45, is an Executive Director, Executive Vice President and Chief Financial Officer of our Company. Ms. Hou received a master degree in Management Engineering from Beijing University of Posts and Telecommunications in 1995 and a master degree in International Commercial Accounting from The University of New South Wales in 2002. Prior to joining the Company, Ms. Hou was Deputy Managing Director of the Finance Department in China Telecommunications Corporation. Prior to that, Ms. Hou served as Divisional Director of General Finance Division and Budgeting Division of China Telecommunications Corporation's Finance Department and the Director and the Chief Accountant of Guangxi Telecom Company. Ms. Hou has over 20 years experience in telecommunications industry and financial management.
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Mr. LI Zhengmao, age 53, is a Non-Executive Director of our Company. Mr. Li is the Vice President of China Mobile Communications Corporation, and the Director and Deputy General Manager of China Mobile Communication Company Limited. Mr. Li received a doctor's degree of radio engineering from the Southeast University. Mr. Li previously served as a professor of radio engineering, the Deputy Director of the Science and Technology Institute for the University of Electronic Science and Technology of China and the Director of national key laboratory. Mr. Li has held various positions in the China United Telecommunications Corporation, including the Deputy Head of the Network Technology Department, the Head of the Wireless Communication Department, the Head of the Technology Department and the Deputy Chief Engineer. He was also the Executive Director and Vice President of China Unicom Limited, the General Manager of the Yunnan branch of China United Telecommunications Corporation, and the Director and Deputy General Manager of China United Telecommunications Corporation. Mr. Li has extensive experience in telecommunications technology and business operations.
Mr. ZHANG Junan, age 58, is a Non-Executive Director of our Company. Mr. Zhang is a Vice President of China United Network Communications Group Company Limited, a Director and Senior Vice President of China Unicom (Hong Kong) Limited, a Director and Senior Vice President of China United Network Communications Corporation Limited and a Non-Executive Director of PCCW Limited. Mr. Zhang graduated from the Nanjing University of Posts and Telecommunications majoring in carrier communication in 1982, received a master degree in Business Administration from the National Australian University in
2002 and received a Doctor of Business Administration from Hong Kong Polytechnic University in 2008. Mr. Zhang previously served as Executive Director of China Unicom (Hong Kong) Limited, Deputy General Manager and General Manager of the Anhui Provincial Telecommunications Company, Chairman and General Manager of Anhui Provincial Telecommunications Co., Ltd., Director of Bengbu Municipal Posts and Telecommunications Bureau in Anhui Province and Deputy Director of Anhui Provincial Posts and Telecommunications Bureau. Mr. Zhang has extensive management experience in the telecommunications industry.
Mr. WANG Jun, age 74, is an Independent Non-Executive Director of our Company. Mr. Wang graduated from the Harbin Engineering Institute in the PRC. Mr. Wang was the former Chairman of China International Trust and Investment Corporation ("CITIC"). After his retirement in July 2006, he became the Chairman and Executive Director of Goldbond Group Holdings Limited. Mr. Wang was a Non-Executive Director and Honorary Chairman of HKC (Holdings) Limited (until 17 April 2008) and an Executive Director and Chairman of the Board of Directors of CITIC 21CN Company Limited (until 30 April 2014).
Mr. ZHAO Chunjun, age 74, is an Independent Non-Executive Director of our Company. Mr. Zhao is the Chairman of Chinese Society for Management Modernization, an Independent Non-Executive Director of Dongfang Electric Corporation Limited and an Independent Director of China United Network Communications Limited. Mr. Zhao was the Chairman of the Supervisory Committee of Tongfang Co., Limited, an Independent Director of Daheng New Epoch Technology, Inc. and Bank of China Investment Management Company Limited. Mr. Zhao graduated from Tsinghua University in the PRC. He was Dean of the School of Economics and Management of Tsinghua University between June 2001 and October 2005, having previously served as Executive/First Vice Dean between January 1987 and June 2001.
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Mr. SIU Wai Keung, Francis, age 61, is an Independent Non-Executive Director of our Company. Mr. Siu is currently an Independent Non-Executive Director of GuocoLand Limited (listed on the Singapore Exchange), and CITIC Pacific Limited, China Huishan Dairy Holdings Co. Ltd and CGN Power Co., Limited (listed on the Hong Kong Stock Exchange). Mr. Siu was an Independent Non-Executive Director of Hua Xia Bank Co., Limited (until February 2014), Beijing Hualian Hypermarket Company Limited (until March 2015), Hop Hing Group Holdings Limited (until May 2015) and Shunfeng Photovoltaic International Limited (until June 2015). Mr. Siu graduated from the University of Sheffield, United Kingdom, with a Bachelor of Arts in Economics and Accounting and Financial Management in 1979. He is also a fellow member of the Institute of Chartered Accountants in England and Wales, and a fellow member of the Hong Kong Institute of Certified Public Accountants. He joined KPMG Manchester, UK in 1979 and returned to Hong Kong in 1986 and became a partner of KPMG Hong Kong in 1993. From 2000 to 2002, he was a Senior Partner of KPMG Shanghai Office. From 2002 to March 2010, he was a Senior Partner of KPMG Beijing Office as well as a Senior Partner of Northern Region, KPMG China. Mr. Siu has been in the accounting profession for over 30 years.
Mr. LV Tingjie, age 60, is an Independent Non-Executive Director of our Company. Mr. Lv graduated from Beijing University of Posts and Telecommunications with a master's degree, and obtained a doctorate degree from Kyoto University of Japan. Mr. Lv is now a professor and doctoral tutor at the School of Economics and Management of Beijing University of Posts and Telecommunications. Mr. Lv also serves as the Director of the Teaching and Research Centre for E-commerce in Beijing University of Posts and Telecommunications and the Director of the Academic Committee of "Information Management and Information Economics Key Laboratory" of the Ministry of Education. Mr. Lv is currently an Independent Non-executive Director of Global Link Communications Holdings Limited and Beijing Digital Telecom Co., Ltd., both of which are listed on The Stock Exchange of Hong Kong Limited. He is currently an Independent Director of Gohigh Data Networks Technology Co., Ltd., BOE Technology Group Co., Ltd. and Shenzhen Aisidi Co., Ltd., all of which are listed on Shenzhen Stock Exchange. Mr. Lv is also a member of the Technology Committee and a member of Telecommunication Economics Expert Committee of the Ministry of Industry and Information Technology, a Deputy Director of the E-commerce Instruction Advisory Committee of the Ministry of Education, a member of the Technology Committee of China Post Group Corporation, a Standing Director of the International Telecommunications Society and a Standing Vice Chairman of China Information Economics Society. Mr. Lv used to serve as a consultant for the business management and strategic development in many telecommunication enterprises and provide advice and solutions to their development and reform. Mr. Lv has a deep insight in the development of China's communication industry and the management of telecommunication enterprises with extensive management experience.
Mr. WU Taishi, age 68, is an Independent Non-Executive Director of our Company. Mr. Wu graduated from Department of Management of Fudan University with a bachelor degree in Economics, majoring in Industrial Economics. Mr. Wu is a certified public accountant in the PRC and a senior accountant at researcher level. Mr. Wu is now an Independent Director of Power Construction Corporation of China, Ltd. and an External Director of China Energy Conservation and Environmental Protection Group. Mr. Wu used to serve as a Deputy Chief Economist and Chief Accountant of Shanghai Carrier Rocket Assembly Plant, Director of Finance Bureau of Aviation Industry Corporation of China, General Manager of the Research & Development Department and Director of Postdoctoral work station of the Head Office of Bank of Communication, and an Independent Non-executive Director of China Railway Construction Corporation Limited. Mr. Wu has extensive experience in financial management.
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Ms. XIA Jianghua, age 56, is the Chairperson of our Supervisory Committee. Ms. Xia is consultant of Auditing Office of China Telecommunications Corporation. Ms. Xia is a senior auditor. Prior to joining China Telecommunications Corporation, she served as Vice-Divisional Director of the Auditing Bureau of the former Ministry of Posts and Telecommunications ("MPT"), Vice Divisional Director (standing) of the Auditing Division of Directorate General of Telecommunications ("DGT") of the MPT. Ms. Xia has 30 years management and auditing experience in the telecommunications industry.
Mr. HAI Liancheng, age 70, is an Independent Supervisor of our Company. Mr. Hai studied at the Civil Aviation College and Chinese Communist Party's (CPC) School, and obtained a college diploma. Mr. Hai served as Vice-Divisional Director and Divisional Director of the Financial Division of the Financial Department of Civil Aviation Administration of China ("CAAC"), Vice-Director and Director of the Financial Department of CAAC, General Manager of China Aviation Oil Supply Corporation and Vice General Manager of China Aviation Oil Holding Company. From September 2001 to February 2006, Mr. Hai served as the Chairman of South China BlueSky Aviation Oil Co., Ltd. and China Aviation Oil Corporation Ltd.. Mr. Hai has been the Director General of the CAAC Sub-association of the China Association of Chief Financial Officers and Chairman of the CAAC Training Centre for Accounting and Auditing since January 2006. Mr. Hai was employed by PICC Property and Casualty Co. Ltd. as consultant from June 2007 to June 2009. From October 2007 to March 2011, Mr. Hai was the Chairman of Zhong Peng Certified Public Accountants Ltd.. From March 2011 to March 2014, Mr. Hai served as senior advisor of China PnR Co., Ltd..
Mr. SI Jianfei, age 52, is an Employee Representative Supervisor and the Deputy Director of the Work Committee Office of the Union of the Company. Prior to that, Mr. Si was the Director of the General Manager's Office and Office of Board of Directors of the Company and concurrently served as the General Manager of Beijing Hongxiang Hotel. Mr. Si graduated from University of International Business and Economics in 2002 with an MBA degree. Mr. Si joined the Sideline Industrial Management Department of China Telecommunications Corporation in 2003 and served as the Divisional Director of the General Management Division. Prior to that, Mr. Si was the Deputy Director of Corporate Affairs Department of China Telecom Corporation Limited Xinjiang Branch. Mr. Si has 23 years working experiences in the telecommunications industry.
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