Corporate Governance

Open Letter to Shareholders

Corporate Governance Standards

Sharing Economy International Inc. board of directors is committed to maintaining high standards of corporate governance. The board strives to provide the right leadership, strategic oversight and control environment to create sustainable and long-term value to all shareholders. The board applies integrity, principles of good governance and accountability throughout its activities and each director brings independence and sound judgment to the role.

All of the members of the board are individually and collectively aware of their responsibilities to the company’s stakeholders and the board keeps its performance and core governance principles under regular review.

Board of Directors and Board Committees

Jianhua Wu has been our Chief Executive Officer, Chairman and a director since the completion of the reverse acquisition in November 2007. Mr. Wu founded our predecessor companies, Wuxi Huayang Dyeing Machinery Co., Ltd. and Wuxi Huayang Electrical Power Equipment Co., Ltd., in 1995 and 2004, respectively, and was executive director and general manager of these companies prior to becoming our Chief Executive Officer. Mr. Wu was nominated as a director because of his position as our Chief Executive Officer. Mr. Wu is a certified mechanical engineer.

Ping Kee Lau has been our Executive Director since March 2017. Mr Lau has years of experience in the marine and shipping industry and has been a director of various marine and investment companies for a number of years. We nominated Mr. Lau as a director because we believe that his experience as a director and in investment is important for the Company as we continue to grow and develop our business.

Cho Fu Li has over ten years of experience in auditing, accounting and banking, and is a member of the Hong Kong Institute of Certified Public Accountants and a fellow member of the Association of Chartered Certified Accountants. We nominated Mr. Li as a director because we believe that his accounting and finance experience is important to improve our financial accounting controls.

Xue Leng has years of experience in sales and marketing as well as general management in China. He was a director or a supervisor of various trading companies in China. Previously, he served as general manager of Hebei Tangshan Chengxin Steel Pipe Co., Ltd. and as sales manager of Hebei Global Steel Pipe Co., Ltd. He graduated from Hebei Polytechnic University and also studied futures and securities investment at China Agricultural University. We nominated Mr. Leng as a director because we believe that his sales and management experiences in China is important for the future development of the Company in the market.

Ying Ying Wong is a director of World Sharing Economy Coalition which promotes global sharing economic development. Ms. Wong has over ten years of experience in banking and financial services with China Construction Bank (Asia) Corporation Limited and Standard Chartered Bank in Hong Kong. We nominated Ms. Wong as a director because we believe that her banking and finance experience is important for the future development of the Company.

The Charter of the Nominating Committee and Corporate Governance Committee
The Charter of the Audit Committee
The Charter of the Compensation Committee
The Code of Business Ethics
The By Laws of the Company