Focusing on growth

Saurer is committed to generating long-term value for our shareholders by focusing on the disciplined execution of our strategy. We aim to achieve continuous growth and stable margins throughout the cycle. We will continuously monitor and update corporate governance and disclosure policies. With the establishment of good corporate governance and the appropriate internal control mechanisms, the company effectively protects its shareholders' rights, their interests, and concentrates on increasing the company value.

Corporate governance

Saurer has an organisational structure that outlines the responsibilities and obligations of the general meeting of shareholders, the board of directors, the supervisory board and the management team in accordance with the requirements of relevant laws and regulations such as the Chinese Companies Acts and Securities Law. They form a system of checks and balances which enable the company to continuously improve the level of corporate governance.

Members

Members of the Board

Supervisory Board

Group Executive Management

Members of the Board Supervisory Board Group Executive Management

Xueping Pan

Chairman of the Board of Directors

• Chinese citizen
• Bachelor's degree in Mechanical Engineering
• EMBA, China Europe International Business School
• Senior economist
• Chairman and CEO of Jinsheng Group
• Chairman of the Strategy Committee and member of the Remuneration Committee and Nomination Committee
• Executive director of Saurer Intelligent Machinery Co., Ltd
• Vice Chairman of several organisations including: China Textile Machinery and Equipment Association, China Textile Engineering Society, China Textile Industry Enterprise Management Association (China Textile Entrepreneurs Federation), Changzhou Industry and Trade Association
• Before setting up Jinsheng, he was factory director of Steel Manufacturing Co., Ltd and Pacific Group's Shanghai Textile Machinery Plant, director of Jintan Textile Machinery Plant and Jintan Huajin Machinery Plant 
• Extensive corporate governance and strategy development experience

Yuan Ding 

Director

• French citizen
• PhD of Philosophy Management, Université Montesquieu - Bordeaux IV, France
• Member of the Board of Directors, member of the Strategic Committee, member of the Audit Committee, member of the Remuneration and Nomination Committee of Saurer 
• Currently professor at China Europe International Business School; independent Non-executive Director of Min Wah Holdings Limited; independent Director of Bluestar Adisseo Co., Ltd.; independent non-executive Director of Shanghai Lujie Kunchi Group Co., Ltd. 
• Previously, he was a tenured professor of accounting and management control at HEC Paris School Independent Non-Executive Director of Red Star Macalline Furniture Group Co.; Independent Director and Chairman of the audit committee of Anhui Gujing Distillery Company Ltd.; Independent Director and Chairman of the audit committee of TCL Corporation; Independent Director and chairman of the audit committee of Mag Industries Corp. 
• Over 20 years of experience in teaching and research in financial accounting, financial statement analysis, corporate governance and M&A

Shutian Wang

Independent Director

• Chinese citizen
• Bachelor's degree in Industrial Economic Management, Renmin University of China
• Independent Director, Chairman of the Remuneration and Nomination Committee, and member of the Strategic Committee of Saurer 
• Currently he is the honorary president of the China Textile Machinery Association 
• Previously he served as a director, secretary-general, chairman, president of the China Textile Machinery Industry Corporation, the Technical Equipment Department of the Ministry of Textile Industry, the Technical Equipment Department of the China National Textile and the China Textile Machinery Industry Association 
• Extensive knowledge of the textile industry

Shuqi Li

Independent Director

• Chinese citizen
• Bachelor's degree in finance from Xinjiang University of Finance and Economics, Certified Public Accountant and Certified Asset Appraiser.
• Independent Director, Chairman of the Audit Committee, member of the Strategy Committee and member of the Remuneration and Nomination Committee of Saurer
• Currently he is the CFO of Xinjiang Xinghongtai Co. Ltd.
• He has served as Project Manager of Xinjiang Huaxin Accounting Firm; Manager of the Audit Department of Xinjiang International Industrial Company; Director of the Listed Companies Supervision Department of the CSRC Xinjiang Bureau; CFO of Xinjiang Fuke Oil Company; General Manager of the investment banking department of Xinjiang Branch of Hualong Securities, CFO of Xinjiang Jiayin Hospital Group Company; CFO of Urumqi Urban Investment Resources Development Company

Jinhua Li

Independent Director

• Chinese citizen
• Master of International Economic Law, Fudan University, China 
• Independent Director, member of the Strategic Committee, member of the Audit Committee, member of the Remuneration and Nomination Committee of Saurer
• He is currently a partner of  Landing Law Offices, LLP (Suzhou). He has worked in several well-known law firms in Chongqing and Shanghai, China and was the global senior legal counsel of Suntech Solar Power Holdings Co., Ltd. He is a member of the Inter-Pacific Bar Association (IPBA) and of the Swiss Arbitration Association (ASA) and elected as one of the 1000 International Chinese Lawyers by PRC Ministry of Justice.

Yueping Zhang

Chairman of the Supervisory Board

• Chinese citizen
• Bachelor's degree in Mechanical Design and Automation
• EMBA, China Europe International Business School
• Senior engineer
• Co-CEO and president of Jinsheng Group
• Served as vice president and deputy general manager of Jinsheng Group
• Prior positions include: Executive vice president of Saurer (Jintan) Co., Ltd; technical director and deputy managing director of Jintan Textile Machinery Plant
• Previously worked in the development departement at Changchai Group's Jintan diesel engine factory, engaged in process and special process equipment design, plant technical transformation and technical management work

Yu Fang

Supervisor

• Chinese citizen
• Bachelor's degree in Law, Fudan University, China
• Chinese Certified Public Accountant
• Currently holds the position of Chief Tax Officer of Saurer Group
• Previously, he served as vice president of taxation of Jiangsu Jinsheng Industrial Co. Once worked as a consultant, manager, senior manager of the tax consulting department, international tax business group of PwC Consulting Shenzhen Co., Ltd. Shanghai Branch, senior manager of PwC Germany and was a member of the European China business group. During his tenure, he participated in several Chinese companies’ mergers and acquisitions in Europe, coordinated the feasibility research and tax investment structure of Chinese companies’ greenfield investment projects in Europe, and participated in the development planning of the China business group of PwC's European offices.

Guoqing Pei

Supervisor

• Chinese citizen
• Bachelor's degree in Computer Science and Technology
• Master's degree in Business Administration, China Europe International Business School
• Senior engineer
• General manager of Saurer (Changzhou) Textile Machinery Co., Ltd
• Previously worked for Jiangsu Jintan Textile Machinery Plant and Jinsheng Group

Hailin Xu

CEO

• Swiss citizen 
• Bachelor in Chemical Engineering, Tsinghua University, China, Master in Chemical Engineering, China Institute of Atomic Energy, China 
• MBA, Lancaster University, UK and MBA, University of St. Gallen, Switzerland 
• Since joining Saurer in 2018, Hailin Xu has served as Senior Vice President of Saurer Group and Managing Director of Global Open End Product Line 
• Prior to this, he worked at ABB Group as Vice President of the Global Supply Chain of the Transformer Division.

Daniel Zeng

CFO

• German citizen 
• Bachelor's degree from the Institute of Computer Science and Technology, University of Peking, China 
• Master's degree in Economics, University of Hannover, Germany 
• Chief Financial Officer of the Saurer Group 
• Prior to Saurer, he worked at ZF Group, as CFO of ZF China 
• Extensive experience in international financial management

Aaron Li

Secretary to the Board of Directors

• Chinese citizen 
• Bachelor's degree from the Finance Department of Xinjiang University of Finance and Economics, China 
• Secretary of the Board of Directors of the Saurer Intelligent Technology Co., Ltd 
• Previously Securities Affairs Representative of Xinjiang Tianshan Woolen Textile Co. Ltd.; Securities Affairs Representative and Secretary of the Board of Directors of Xinjiang Urban Construction (Group) Co. Ltd.; Vice President and Secretary of the Board of Directors of Litai (Taicang) Holding Co. Ltd.

Financial information

In case you are interested in our financial reports in English for a detailed impression of Saurer's past performance, please get in contact with Saurer Group.

Share information

• Number of shares issued: 1 787 912 222
• Security code: 600545  
• Stock exchange: Shanghai Stock Exchange 

 

Here you can view the Saurer share price on the websites of the Shanghai Stock Exchange, Bloomberg and Reuters.

 

Financial news

Hailin Xu appointed new CEO of the Saurer Group

01.07.2024

Contact us

We are keen to tell you more about our investment story. If you have any financial questions about our company, don't hesitate to get in touch with us.

Corporate Communications
Saurer Group
Textilstrasse 9
Arbon 9320
Switzerland

group.communication@saurer.com