Management

Mr Yap Soon Yong is our Chief Financial Officer and is responsible for the financial and accounting functions of our Group. His responsibilities include overseeing matters relating to financial administration and the compliance and reporting obligations of our Group. Mr Yap joined our Group in July 2007. Mr Yap has more than 30 years working experience and has held senior financial positions in various companies. Prior to joining our Group, he was the Chief Financial Officer of China Marine Foods Group Pte Ltd from September 2006 to June 2007. From April 2005 to June 2006, he was with Oceanus Bio-tech Holdings Pte Ltd. From May 1996 to April 2005, Mr Yap was with York Transport Equipment (Asia) Pte Ltd where he started as a senior accountant and last held the post of financial controller. Mr Yap started his career in one of the Big-4 public accounting firm as an auditor from 1992 to 1996. Mr Yap obtained a bachelor's degree in accountancy from the Nanyang Technological University in 1992, and is currently a member of the Institute of Singapore Chartered Accountants.

Mr Xu Guang Hui is our Deputy General Manager of Fushun Yongmao Construction Machinery Co., Ltd. and is responsible for assisting the Chairman/CEO and Group General Manager in overseeing the overall operation matters of the Group's Fushun plant in PRC. Mr Xu joined our Group in 2008. Prior to joining our Group, Mr Xu was the Chief Financial Officer of Liaoning North Investment Co., Ltd (辽宁北方投资有限公司) from 2004 to 2008. From 1989 to 2004 he was with Bank of China, Fushun Branch-Business Department (中国银行抚顺分行公司业务 部) first as a bank officer and rose to the post of General Manager. Mr Xu graduated from China Institute of Finance (中国金融学 院) with a bachelor's degree in finance in 1989.

MS Wang Xiu Xia was appointed as our Group Sales and Marketing Manager on 14 June 2023, and is in charge of the sales and marketing operations of the Group in PRC. Ms Wang first joined Fushun Yongmao Construction Machinery Co., Ltd ("FSYM"), a subsidiary of the Group in 2006 as Assistant Supervisor of International Sales and Marketing Division and was subsequently promoted to Departmental Head of Sales and Marketing of FSYM cum Personal Assistance to CEO in 2020. She holds a bachelor's degree in marketing from Liaoning Petrochemical University (辽宁石油化工大学).

Mr Yu Hao Bo is our Finance Manager and is responsible for the financial and accounting functions of Fushun Yongmao Construction Machinery Co., Ltd. Mr Yu joined our Group in August 2005. Mr Yu started his career as an projects manager at Fushun Zhongtian Certified Public Accountants Co., Ltd (抚顺中天会 计师事务所有限公司) from July 1996 to July 2005. Mr Yu graduated with a degree in Management from Bohai University (渤海大学) in 2006 and is currently a member of The Chinese Institute of Certified Public Accountants.

Ms Cai Bing was appointed as the Head of Department, Research & Development on 1 July 2024, overseeing all research and development activities within the Group. Ms Cai joined Fushun Yongmao Construction Machinery Co., Ltd ("FSYM"), a subsidiary of our Group in January 2013 as a senior engineer in the research and development department. Through her dedication and contributions, Ms. Cai was promoted as department supervisor in January 2015. She holds a master's degree in mechanical engineering from Shenyang Jianzhu University (沈阳建筑大学).

Mr Li Cong was appointed as the Head of Production Department on 1 July 2024, and is responsible for our Group's production process and production plans. Mr Li first joined our Group in January 2003 as a production welder. His dedication and expertise have been evident, leading to his promotion to a subdivision supervisor in February 2004. Over the years, Mr. Li has demonstrated versatility and commitment, having been rotated through various subdivisions within the production department from 2004 to 2020. His substantial experience and leadership within the Group led to his promotion to supervisor of the production department in 2020.