IPE Group Limited Appoints Zhu Jianbiao as an Independent Non-Executive Director of the Company and A Member of Each of the Board's Audit Committee, Remuneration Committee, Nomination Committee and ESG Committee
executive director of Shandong Hi-Speed New Energy Group Limited (Formerly known as "Beijing Enterprises Clean Energy Group Co. Ltd.") (Stock Code: 1250), a company listed on the Main Board of the Stock Exchange. He is also an independent non-executive director of Beijing Energy International Holdings Limited (Stock Code: 686), a company listed on the Main Board of the Stock Exchange. Mr. Zhu graduated from Jiangxi University of Finance and Economics in planning statistics, with a bachelor's degree in economics, and holds a master's and doctorate degrees in finance from Jinan University. Mr. Zhu has more than 20 years of extensive experience in private equity investment, secondary market investment and financial management. He has served as the chief operating officer of CITIC Private Equity Funds Management Co. Ltd. and the executive deputy general manager of Changsheng Fund Management Co. Ltd. Mr. Zhu also served as a lecturer in the Department of Investment Finance of Guangdong University of Finance and Economics. Following the appointment of Mr. Zhu with effect from 14 November 2022, the Company will have (i) three independent non-executive Directors, which will be in compliance with Rule 3.10(1) of the Listing Rules; and (ii) three members of the Audit Committee, which will be in compliance with Rule 3.21 of the Listing Rules.