People: China Automotive Systems Inc (CAAS.W)
CAAS.W on CBOE When Trading NASDAQ Global Select Market
5.44USD
22 May 2013
5.44USD
22 May 2013
Price Change (% chg)
$0.17 (+3.23%)
$0.17 (+3.23%)
Prev Close
$5.27
$5.27
Open
$5.44
$5.44
Day's High
$5.44
$5.44
Day's Low
$5.44
$5.44
Volume
100
100
Avg. Vol
45
45
52-wk High
$5.70
$5.70
52-wk Low
$3.59
$3.59
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Hanlin Chen |
55 | 2007 | Chairman of the Board |
Qizhou Wu |
48 | 2007 | Chief Executive Officer, Director |
Jie Li |
42 | 2007 | Chief Financial Officer |
Yiu Wong Tse |
41 | 2007 | Senior Vice President |
Shaobo Wang |
49 | 2003 | Senior Vice President |
Shengbin Yu |
58 | 2003 | Senior Vice President |
Daming Hu |
53 | 2007 | Chief Accounting Officer |
Haimian Cai |
48 | 2009 | Vice President |
Yijun Xia |
49 | 2009 | Vice President |
Robert Tung |
56 | 2003 | Independent Director |
Arthur Wong |
52 | 2012 | Independent Director |
Guangxun Xu |
61 | 2009 | Independent Director |
Biographies
| Name | Description |
|---|---|
Hanlin Chen |
Mr. Hanlin Chen is Chairman of the Board of China Automotive Systems Inc., since March 10, 2003. Mr. Chen is a member of the Hubei Provincial People’s Congress and vice president of the Chamber of Commerce in Hubei Province. He was the general manager of Shashi Jiulong Power Steering Gears Co., Ltd. (“Jiulong”) from 1993 to 1997. Since 1997, he has been the chairman of the board of directors of Henglong Automotive Parts, Ltd. |
Qizhou Wu |
Mr. Qizhou Wu is Chief Executive Officer, Director of China Automotive Systems Inc. He has served as a director of the Company since March 2003, and has been the chief executive officer since September 2007. Prior to that position he served as the chief operating officer from March 2003. He was the executive vice general manager of Jiulong from 1993 to 1999 and general manager of Henglong Automotive Parts, Ltd. from 1999 to 2002. Mr. Wu graduated from Tsinghua University in Beijing with a M.S. in automobile engineering. |
Jie Li |
Mr. Jie Li is Chief Financial Officer of China Automotive Systems Inc. Prior to that position he served as the corporate secretary from December 2004. Prior to joining the Company in September 2003, Mr. Li was the assistant president of Jingzhou Jiulong Industrial Inc. from 1999 to 2003 and the general manager of Jingzhou Tianxin Investment Management Co. Ltd. from 2002 to 2003. Mr. Li has a Bachelor's degree from the University of Science and Technology of China. He also completed his graduate studies in economics and business management at the Hubei Administration Institute. |
Yiu Wong Tse |
Mr. Yiu Wong Tse is Senior Vice President of China Automotive Systems Inc. He has served as a senior vice president of the Company since March 2003. He has also served as chairman of the board of Shenyang. He was the vice GM of Jiulong from 1993 to 1997 and the vice GM of Henglong. Mr. Tse has over 10 years of experience in automotive parts sales and strategic development. Mr. Tse has an MBA from the China People University. |
Shaobo Wang |
Mr. Shaobo Wang is Senior Vice President of China Automotive Systems Inc. He was the Vice-G.M. of Jiulong from 1993 to 2003. Mr. Wang graduated from Tsinghua University in Beijing with a bachelor degree in Automobile Engineering. |
Shengbin Yu |
Mr. Shengbin Yu is Senior Vice President of China Automotive Systems Inc. Mr. Yu was the Vice-G.M. of Jiulong from 1993 to 1996 and Executive Vice-G.M. of Henglong from 1997 to 2003. |
Daming Hu |
Mr. Daming Hu is Chief Accounting Officer of China Automotive Systems Inc. He has served as the chief accounting officer since September 2007, and had overall charge of the financial report. During March 2003 to August 2007, he served as Chief Financial Officer of the Company. Mr. Hu was the Finance Manager of Jiulong from 1996 to 1999 and Finance Manager of Henglong from 1999 to 2002. Mr. Hu graduated from Zhongnan University of Economics and Law with bachelor’s degree in accounting. |
Haimian Cai |
Dr. Haimian Cai, Ph.D., is Vice President of China Automotive Systems Inc. He was an independent director of the Company from September 2003 to December 2009, and also a member of the Company’s Audit, Compensation and Nominating Committees. Dr. Cai is a technical specialist in the automotive industry. Prior to that, Dr. Cai was a staff engineer in ITT Automotive Inc. Dr. Cai has written more than fifteen technical papers and co-authored a technical book regarding the Powder Metallurgy industry for automotive application. Dr. Cai has more than ten patents including pending patents. Dr. Cai holds a B.S. Degree in Automotive Engineering from Tsinghua University and a M.S. and Ph. D. in manufacturing engineering from Worcester Polytechnic Institute. Since December 2009, Mr. Cai has not served as independent director and a member of the Company’s Audit Committee, Compensation and Nominating Committees, because he was nominated as vice president of the Company. |
Yijun Xia |
Mr. Yijun Xia is Vice President of China Automotive Systems Inc. He has also served as the general manager of Henglong since April 2005. Prior to that position he served as the Vice-G.M. of Henglong from December 2002. Mr. Xia graduated from Wuhan University of Water Transportation Engineering with a bachelor degree in Metal Material and Heat Treatment. |
Robert Tung |
Mr. Robert Tung is Independent Director of China Automotive Systems Inc., since September 2003, and is a member of the Company’s audit, compensation (for which he serves as chairman) and nominating committees of the Board of Directors. Mr. Tung is currently the president of Multi-Media Communications, Inc., and vice president of Herbal Blends International, LLC. Mr. Tung holds a M.S. in chemical engineering from the University of Virginia. Currently, Mr. Tung is the China operation vice president of Iraq Development Company of Canada, a North American corporation engaging in oil field and infrastructure development in the Republic of Iraq. In addition, Mr. Tung holds the Grand China sales representative position of TRI Products, Inc., a well-known North American iron ores and scrap metals supplier. Mr. Tung is also actively involved in minerals, iron ore and petroleum derivatives purchase and trading. |
Arthur Wong |
Mr. Arthur Wong has been appointed as Independent Director of China Automotive Systems, Inc., effective May 15, 2012. Mr. Wong is currently the chief financial officer of GreenTree Inns Hotel Management Group, which is one of the economy hotel chains in China. He also currently serves as a member of the boards of directors for VisionChina Media Inc. (NASDAQ:VISN) and Besunyen Holdings Company Limited (HKG: 926), and as chairman of the audit committees for both companies’ boards of directors. Mr. Wong was formerly the chief financial officer of Nobao Renewable Energy and Asia New-Energy in China. Prior to that, he worked at Deloitte Touche Tohmatsu ("Deloitte"), from 1982 to 2008, in that firm’s San Jose, Hong Kong and Beijing offices. Mr. Wong rose to become a partner in Deloitte’s Beijing office, and oversaw that office’s expansion from less than 100 people to over 1,000. While serving at Deloitte, Mr. Wong acted as the audit partner for various companies, including international auto and auto parts manufacturers. He also led accounting teams on IPO and financing projects, set up and improved accounting internal control systems and corporate governance for public companies, provided internal audit and internal control advice and worked on mergers and acquisition and restructuring accounting. Mr. Wong has experience working with U.S.- and Hong Kong-listed companies and in the regulatory regimes of those jurisdictions. Mr. Wong received a Bachelor of Science in Applied Economics degree from the University of San Francisco and was awarded a Higher Diploma of Accountancy from Hong Kong Polytechnic. His professional affiliations include being a member of the American Institute of Certified Public Accountants, the Hong Kong Institute of Certified Public Accountants and the Chartered Association of Certified Accountants. |
Guangxun Xu |
Mr. Guangxun Xu is Independent Director of China Automotive Systems Inc., since December 17, 2009. He also currently serves as a member of the board of directors for iNet.School, a Korean company. Mr. Xu has served as the chief representative of Nasdaq Stock Market in China from March 2007 to June 2009 and served as a managing director with the Nasdaq Stock Market International, Asia for over 10 years. Mr. Xu’s professional career in the finance field spans over 28 years, and focuses on providing package services on listings in the United Kingdom and United States, advising on and arranging for private placements, ‘PIPE’ transactions and initial public offerings (“IPOs”), pre-IPO restructuring, mergers and acquisitions, corporate and project finance, corporate governance, post-IPO investor relations, compliance and risk control. He holds an M.B.A. from Middlesex University, London. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Hanlin Chen |
165,000 |
Qizhou Wu |
110,000 |
Jie Li |
66,000 |
Yiu Wong Tse |
60,000 |
Shaobo Wang |
-- |
Shengbin Yu |
33,000 |
Daming Hu |
60,000 |
Haimian Cai |
96,000 |
Yijun Xia |
-- |
Robert Tung |
-- |
Arthur Wong |
-- |
Guangxun Xu |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Hanlin Chen |
0 | 0 |
Qizhou Wu |
0 | 0 |
Jie Li |
0 | 0 |
Yiu Wong Tse |
0 | 0 |
Shaobo Wang |
0 | 0 |
Shengbin Yu |
0 | 0 |
Daming Hu |
0 | 0 |
Haimian Cai |
0 | 0 |
Yijun Xia |
0 | 0 |
Robert Tung |
0 | 0 |
Arthur Wong |
0 | 0 |
Guangxun Xu |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
WONG TSE YIU |
1,795 | $4.13 |
WONG TSE YIU |
105 | $4.10 |
WONG TSE YIU |
5 | $4.03 |
YU SHENGBIN |
100 | $4.05 |
YU SHENGBIN |
100 | $4.13 |
WONG TSE YIU |
100 | $4.16 |
WONG TSE YIU |
100 | $4.13 |
WONG TSE YIU |
200 | $4.14 |
WONG TSE YIU |
100 | $4.05 |
WONG TSE YIU |
300 | $4.15 |
WONG TSE YIU |
395 | $4.07 |
WONG TSE YIU |
100 | $4.17 |
WONG TSE YIU |
200 | $4.14 |
YU SHENGBIN |
1,600 | $4.16 |
YU SHENGBIN |
1,000 | $4.09 |
YU SHENGBIN |
600 | $4.11 |
YU SHENGBIN |
400 | $4.19 |
WONG TSE YIU |
200 | $3.97 |
WONG TSE YIU |
100 | $3.98 |
WONG TSE YIU |
1,626 | $4.16 |
YU SHENGBIN |
500 | $4.17 |
WONG TSE YIU |
100 | $4.18 |
YU SHENGBIN |
100 | $4.14 |
WONG TSE YIU |
500 | $4.17 |
WONG TSE YIU |
1,400 | $4.12 |

