Mr Xu Guohong assumes overall responsibility for operational matters pertaining to the Board of Directors. He is also responsible for charting the overall corporate strategy, planning and development of the CAO Group. In addition, he oversees the legal, compliance, and human resource functions of the Company. He also provides guidance and support to the senior management, ensuring that the Company’s operational objectives and sustainability goals are being met.

As Chairman of the Board of Directors of the Company, Mr Xu presides over meetings of the Board of Directors as well as annual general meetings of the Company, and oversees the implementation of Board resolutions. He also acts as a liaison between the Company’s management and the Board Directors, establishing well-defined strategic vision, upholding high standards of effective and transparent corporate governance, fostering inspiring and constructive discussions, all of which ensures the smooth and effective functioning of the Board and its Board Committees.

Mr Xu had previously held the roles of Chief Financial Officer of CAO and General Manager of China National Aviation Fuel International Holdings Limited, possessing extensive experience in operations, risk management, and financial management in international business.

Mr Xu holds a Master of Engineering in Software Engineering from Beihang University (formerly Beijing University of Aeronautics and Astronautics), People’s Republic of China, and is a certified Senior Accountant (China).

Please refer to the profile of Mr Xu Guohong under “Board of Directors” for more information.