CMPort Announces Multiple Personnel Changes

CMPort Announces Multiple Personnel Changes

Feng Boming Takes Office as Chairman of the Board, Xu Song Becomes Chief Executive Officer

    China Merchants Port Holdings Company Limited ("CMPort" or "the Company", HKEX Code: 00144) Board of Directors announces several personnel changes effective from July 24, 2023:

    1. The appointment of Feng Boming as the Chairman of the Board and a Non-executive Director of the Company.

    2. The appointment of Wong Chi Wing as an Independent Non-executive Director of the Company.

    3. The redesignation of Xu Song from the Managing Director of the Company to the Vice Chairman of the Board and the Chief Executive Officer of the Company.

    4. The appointment of Lu Yongxin as the Managing Director of the Company.

    Deng Renjie and Wang Xiufeng have resigned from all their positions at CMPort due to change of work arrangement. The Board of Directors takes this opportunity to express its gratitude and appreciation for their outstanding contributions to the Company during their tenure.

    Feng Boming, aged 53, an economist, holds a Master of Business Administration degree from The University of Hong Kong. He currently serves as the Deputy General Manager of China Merchants Group Limited and the Chairman of Liaoning Port Group Limited. Mr. Feng previously held various positions including the Manager of Commercial Section of COSCO Container Lines Co., Ltd. (currently known as COSCO SHIPPING Lines Co., Ltd.), the General Manager of COSCO Container Hong Kong Mercury Co., Ltd., the General Manager of Management and Administration Department of COSCO Holdings (Hong Kong) Co., Ltd., the General Manager of COSCO International Freight (Wuhan) Co., Ltd. and COSCO Logistics (Wuhan) Co., Ltd., the Supervisor of Strategic Management Implementation Office of China Ocean Shipping (Group) Company, the General Manager of Strategic and Corporate Management Department of China COSCO SHIPPING Corporation Limited, Executive Director and the Chairman of the board of directors of COSCO SHIPPING Ports Limited, Executive Director of each of COSCO SHIPPING Holdings Co., Ltd. and Orient Overseas (International) Limited, Non-executive Director of each of COSCO SHIPPING Energy Transportation Co., Ltd., COSCO SHIPPING Development Co., Ltd., COSCO SHIPPING International (Hong Kong) Co., Ltd., Qingdao Port International Co., Ltd., and Piraeus Port Authority S.A., Director of each of COSCO SHIPPING (Hong Kong) Co., Limited, COSCO SHIPPING Investment Holdings Co., Limited, Hainan Harbour & Shipping Holding Co., Ltd. and COSCO SHIPPING Bulk Co., Ltd., and Chairman of Sinotrans Limited.

    Wong Chi Wing, aged 59, is currently serving as a Deputy President and the Chairman of New Economy Committee of The Hong Kong Independent Non-Executive Director Association Limited since October 2019. Mr. Wong is a fellow member of The Hong Kong Institution of Certified Public Accountants since 2000. Mr. Wong obtained a bachelor’s degree in science from The Chinese University of Hong Kong in December 1986, a master’s degree in business administration from The City University of Hong Kong in November 1995, a Master’s Degree of Science in Electronic Commerce from The City University of Hong Kong in November 2003 and a Doctorate Degree in Business Administration from The City University of Hong Kong in February 2011. Mr. Wong served as an Assistant Vice President and a Vice President and various positions at PCCW Solutions (formerly known as Unihub Limited). He has also served in Accenture Consulting for Greater China as a Managing Director, Big Data Elite Asia Limited and GCE Consulting Limited as the Managing Partner, and Autotoll Limited as an Independent Non-executive Director. Mr. Wong was an Independent Non-executive Director of Veson Holdings Limited (formerly known as SCUD Group Limited), Cirtek Holdings Limited and Landsea Green Life Service Company Limited. Shares of the above three companies are listed on the HKSE.

    Xu Song, aged 51, is the Director and the Chief Executive Officer of China Merchants Port Group Co., Ltd. He also serves as a non-executive director of Liaoning Port Co., Ltd. (formerly known as Dalian Port (PDA) Company Limited) and a director of various subsidiaries of the Company. He is a Senior Economist, graduated from Huazhong University of Science and Technology majoring in Material Management, and obtained a bachelor’s degree. He then obtained a master’s degree from Dongbei University of Finance and Economics majoring in Business Administration, a master’s degree from Coventry University in United Kingdom majoring in International Business, and a PhD from Dalian Maritime University majoring in the Transportation Planning and Management. He successively served as the Deputy General Manager of Dalian Portnet Co., Ltd., the Deputy General Manager and the General Manager of Dalian Jifa Logistics Co., Ltd., the General Manager of Dalian Port Container Co., Ltd., the General Manager of Dalian Port North Yellow Sea Port Cooperation Management Company, the General Manager of Dalian Port (PDA) Company Limited (currently known as Liaoning Port Co., Ltd.), the Deputy General Manager, the General Manager and the director of Dalian Port Corporation Limited, the Deputy General Manager of Liaoning Port Group Co., Ltd., the Deputy General Manager, and the General Manager and the Chief Operating Officer of China Merchants Port Group Co., Ltd.

    Lu Yongxin, aged 53, joined the Company in 2007 and currently serves as the Chief Operating Officer and the General Manager of China Merchants Port Group Co., Ltd. He also serves as a director of various subsidiaries of the Company. He obtained a master’s degree in project management from the Curtin University of Technology in Australia. Mr. Lu has extensive managerial experience in the international portfolio expansion activities of port companies. Prior to joining the Company, he served as the Assistant General Manager of Zhen Hua Engineering Co., Ltd., and the Deputy General Manager (in charge) of the General Manager’s Office at China Harbor Engineering Co. Ltd. Before his current role in the Company, he was the Deputy General Manager of the Research & Development Division, the General Manager of the International Division, the Assistant General Manager and the Deputy General Manager of the Company and the Deputy General Manager of China Merchants Port Group Co., Ltd. Between May 2014 and January 2016, Mr. Lu was seconded to France as the Chief Financial Officer and the Senior Vice President of Terminal Link SAS, an associate of the Company.