HONG KONG, April 5, 2018 /PRNewswire/ -- Sharing
Economy International, Inc. ("SEII" or "the Company") (SEII), today
announced that its Board of Directors has approved the
establishment of an Advisory Board ("the Advisory Board") which
will provide professional advice for the Company on its future
business development planning and execution. Mr. Daniel Lai, Mr. Alain Le Couédic, Dr. Lo
Man Tuen, and Mr. Lee Yu Tai Desmond will serve as members of the
Advisory Board effective April 1,
2018.
These four veteran professionals are of great value to the
Company as their industry and business experience can guide SEII's
long-term business objectives and strategies. In addition, the
Advisory Board will provide advice on significant corporate
activities such as prospective mergers & acquisitions and
corporate finance transactions. The Advisory Board will help the
Company stay on track as it executes its comprehensive business
transition from a traditional manufacturing company to a digital
economy and highly technology-based business. The Company will
continue to identify other suitable persons to join the Advisory
Board and utilize their expertise to help the Company to achieve
business growth.
Mr. Daniel Lai is a seasoned
information technology ("IT") professional. He was appointed
program director of CoolThink@JC in April
2016 to support the steering committee in overseeing
the program's governance, implementation,
coordination, alignment, monitoring, and stakeholder's
engagement. Mr Lai is a professor of practice in
computing at Hong Kong Polytechnic University, having served as
interim vice president of administration in 2015. He is a
distinguished fellow, member of advisory council and past
president of the Hong Kong Computer Society and a fellow
of Hong Kong Institute of Engineers and Hong Kong Institute of
Directors. Mr. Lai was government chief information officer of Hong
Kong SAR government from January
2012 to January 2015. He was
the head of information technology/CIO at MTR Corporation Ltd. from
1999 to 2011 where he led various business transformation
initiatives. He held senior IT managerial positions at The
Hong Kong Jockey Club ("HKJC") in Hong
Kong and Australia between 1978 and 1999 and played a
key role in HKJC's computerization journey. Mr Lai contributed
significantly in promoting the development and application of IT
in Hong Kong and the region. He has held many positions in
public service and educational institutions. In recognition of
his contributions to the development and promotion of IT, Mr
Lai was awarded Bronze Bauhinia Star (BBS) in 2004 and
appointed a justice of peace in 2001. He has also received
many local, regional, and international CIO Awards. Mr. Lai
has a master's degree in technology management, management and
computing from The Hong Kong Polytechnic University and a master's
degree in technology management from Griffith
University.
Mr. Alain Le Couédic is a partner and vice president of Roland
Berger Greater China. He focuses primarily on working with
financial services clients in Greater
China in the firm's Financial Services Competence Center.
Mr. Le Couédic has over 19 years of professional consulting
experience and has been based in Hong
Kong for the last 15 years. During this time, Mr. Le Couédic
has helped clients solve issues related to strategy, organization,
operations, mergers & acquisitions, and private equity. Prior
to joining Roland Berger, Mr. Le
Couédic was a partner and managing director of the Boston
Consulting Group in their Financial Institutions Practice, and also
led that firm's organization practice in Greater China. Additionally, he served as the
corporate banking segment head for Asia and headed their Hong Kong and Taipei offices. Prior to this, Mr. Le Couédic
worked as a consultant of A. T. Kearney in its New York and Hong
Kong offices. Mr. Le Couédic holds an MBA from Columbia Business School and an MS (Ingénieur) from
Institut National Agronomique.
Dr. Lo Man Tuen serves as the
chairman of Wing Li Group (International) Ltd., Wing Li Packaging
Limited, Glory Sign International Limited and Wing Li Trading
(China) Co Ltd. He has been an
independent non-executive director at Hanergy Thin Film Power Group
Limited (0566.HK) since September
2017, and has been a non-executive director of China
Shandong Hi-Speed Financial Group Limited (0412.HK) since
November 2017. Dr. Lo is also active
in public service. He has served as president of Hong Kong
Association for the Promotion of Peaceful Reunification of
China in 2013. He is a member of
the 12th National Committee of the Chinese People's
Political Consultative Conference. He has been the vice chairman of
the subcommittee for Foreign Affairs of CPPCC National Committee
since 1998. He was appointed as the vice-chairman of the All-China
Federation of Industry and Commerce in 2013. Dr. Lo was also
nominated as the honorary life chairman of the Chinese General
Chamber of Commerce of Hong Kong
in 2016. He obtained an honorary doctorate in philosophy from
Armstrong University in the United
States in 2006 and an honorary doctorate of management from
Lincoln University in 2013.
Mr. Lee Yu Tai Desmond held
academic roles in several tertiary educational institutions in
Hong Kong such as The Chinese University of Hong Kong, the Hong Kong
Polytechnic University and Lingnan
University. He served as an executive director of
Che Hon and Lucky Arrival Toy
Manufacturing Co Ltd. In addition, he served as an elected member
of the Hong Kong Legislative Council during the period of 1985 to
1988. Mr. Lee is currently serves as honorary consul for Fiji
Islands in Hong Kong.
About Sharing Economy International Inc.
Sharing Economy International Inc., through its affiliated
companies, designs, manufactures and distributes a line of
proprietary high and low temperature dyeing and finishing machinery
to the textile industry. The Company's latest business
initiatives are focused on targeting the technology and global
sharing economy markets, by developing online platforms and rental
business partnerships that will drive the global development of
sharing through economical rental business models. Moreover, the
Company will actively pursue blockchain technology in its existing
and to-be-acquired business, enabling the general public to realize
the beauty of resource sharing. For more information visit
www.seii.com
Safe Harbor Statement
This release contains certain "forward-looking statements"
relating to the business of the Company and its subsidiary and
affiliated companies and certain potential transactions that they
may enter into. These forward looking statements are often
identified by the use of forward looking terminology such as
"believes," "expects" or similar expressions. Such forward looking
statements involve known and unknown risks and uncertainties that
may cause actual results to be materially different from those
described herein as anticipated, believed, estimated or expected.
The Company's actual results could differ materially from those
anticipated in these forward-looking statements as a result of a
variety of factors, including those discussed in the Company's
periodic reports that are filed with the Securities and Exchange
Commission and available on its website, including factors
described in "Risk Factors" and "Management's Discussion and
Analysis of Financial Condition and Results of Operations" in our
Form 10-K for the year ended December 31,
2016 and in our Form 10-Q for the quarter ended September 30, 2017. All forward-looking
statements attributable to the Company or to persons acting on its
behalf are expressly qualified in their entirety by these factors
other than as required under the securities laws. The Company does
not assume a duty to update these forward-looking
statements.
Company Contacts:
Sharing Economy International Inc.
Joseph Chow, Director of Investor
Relations
Email: ir@seii.com
View original
content:http://www.prnewswire.com/news-releases/sharing-economy-international-establishes-advisory-board-300624859.html
SOURCE Sharing Economy International, Inc.