An update to the list of 20:
Yuewen Zhen is listed at #7 - Founder and Chairman of Creat Group Company Limited (http://www.bloomberg.com/research/stocks/private/person.asp?personId=133907587&privcapId=39765966)
Background (copied from article above to save you time):
Dr. Yuewen Zheng founded Creat Group Company Limited in 1992 and serves as its Chairman. Dr. Zheng serves as the Chairman of the Investment Committee and the President at Creat Fund Management Ltd. Dr. Zheng is a Member of the National Committee of the Chinese People's Political Consultative Conference, a Managing Director of China Society for Promoting of the Guangcai Program, a Vice President of China Non-Governmental Science & Technology Entrepreneurs Association and Special Adviser of China-Africa Business Council, a Vice President of the Jiangxi Entrepreneurs' Association, the President of Jiangxi Enterprises Chamber in Beijing, and the Head of the Preparation Office for the China International Economic Cooperation Chamber of ACFIC. Dr. Zheng founded Jiangxi Keli New Technology Institute as the director after leaving the ministry of the State Council in 1988. He has worked in several major Chinese governmental organisations including the Ministry of Railway and the State Bureau of Seismology. Dr. Zheng serves as the Chairman of Creat Group Company and Creat Resources Holdings Limited. He served as a Non Executive Director of Lithium One Inc. Dr. Zheng has served as a member of the national committee of CPPCC from 2003 to 2007, a member of standing committee of All-China Federation of Industry and Commerce (ACFIC) from 1997 to 2002. From 2002 to 2007, he was the Vice Chairman of All-China Federation of Industry Commerce. He served as the Vice Chairman of All-China General Chamber of Industry & Commerce (ACGCIC), Director of China International Chamber of Commerce for the Private Sector (CICCPS) preparation group and Special Supervisor of Ministry of Supervision of the People’s Republic of China For 18 years, Dr. Zheng led the Group's investment. He has a distinguished record in the financial and banking industry. Dr. Zheng was the Vice Team Leader for the establishment of Minsheng Bank. He was an Executive Director of Huaxia Bank. Dr. Zheng was a Founding Member and Director of Xiangcai Securities. Prior to that, he was a Founding Chairman and a Member of the Board of Eastern Life Insurance Co., Ltd. Dr. Zheng successively received the following awards over the years: China Outstanding Private Technology Industrialist in 1992, China Outstanding Private Entrepreneur, Best Ten Private Entrepreneur in Jiangxi Province in 1995, the Medal for Guangcai Program of China in 1997, the Hong Kong "Bauhinia Cup" for Outstanding Entrepreneurs’ Achievement Award in 2000, China Private Technology enterprises “Finderskeepers” in 2001, China Outstanding Private Technology Enterpreneur in 2004, China Outstanding Private Technology Enterpreneur in 2007, and the award for “Most Innovative People’s Award to commemorate China's Reform and Opening Up for the last 30 years” in 2008 etc. He holds a PhD in Finance and a Bachelors degree in Finance and Economics.
#7 should read CRHL and not Zhen
CRHL has had financial dealings with GXY in the past (going back to 2009)
About Creat Resources Holdings Limited - taken from ENP Newswire 01/02/2015
CRHL is a mining investment company. CRHL has a strategy of acquiring assets in interesting resource companies that complement or supplement the Company's investment portfolio. CRHL is a shareholder of Galaxy Resources Limited ('Galaxy') with an interest of 3.53%. Galaxy is an Australian-based lithium exploration company listed on the Australian Securities Exchange (Code: GXY). Galaxy plans to be one of the world's largest lithium carbonate producers.
(Full text at http://www.4-traders.com/GALAXY-RES...ed-Result-of-Annual-General-Meeting-19543728/)
Question: Zhen looks to be a heavyweight - with him as a (relative) significant shareholder why does GXY has such troubles getting things done in China?
Anyway, let's hope the managing clowns are not contemplating a MBO as the next step.
GXY Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held
