GALAXY RESOURCES LIMITED
ANNUAL FINANCIAL REPORT DECEMBER 2011
DIRECTORS’ REPORT (CONTINUED) DIRECTORS (CONTINUED) Dr Zheng received his Doctor of Philosophy in Finance from Dongbei University of Finance and Economics in the PRC in 1999 after receiving his Master of Business Administration from Asia International Open University (Macau) earlier that year and Bachelor of Economics from Jiangxi University of Finance & Economics in the PRC in 1985. He is the vice president of the NonGovernmental Science & Technology Entrepreneurs Association, and was the vice president of the All-China Federation of Industry & Commerce. Special Responsibilities: Chairman and Member of the Risk Management Committee and Member of Audit and Remuneration and Nomination Committees. Directors Interests: 38,091,616 fully paid ordinary shares and 1,500,000 options. Current Directorships: Creat Resources Holdings Limited. Past Directorships (last 3 years): Nil. Xiaojian Ren MBA (Non-Independent Non-Executive Director) Mr Ren has seven years of experience in performing managerial and advisory roles in the mineral resources industry. He has been the chief executive officer of Creat Group since 2002 and has been a director of Creat Group since 1992. He has been a director of CRHL since 2008. Mr Ren has been a director of Beijing Keruicheng Mining Investment Co Ltd and Beijing Keruicheng Jinchuan Mining Investment Co Ltd since 2006 and 2007 respectively. He was a non-executive director of Yantai North Andre Juice Co., Ltd from November 16, 2000 to May 18, 2007. He has been a director of Shanghai RAAS Blood Products Co., Ltd since June 16, 2004. Mr Ren was appointed as Non-executive Director on October 13, 2010. Mr Ren received his Master of Business Administration from La Trobe University in Australia in 2001. Special Responsibilities: Nil. Directors Interests: 38,091,616 fully paid ordinary shares and 1,000,000 options. Current Directorships: Creat Resources Holdings Limited Past Directorships (last 3 years): Nil. Shaoqing Wu BE (Non-Independent Non-Executive Director) Mr Wu was appointed as Non-executive Director on February 24, 2011. He has 17 years’ experience in the steel raw materials trading and processing, overseas shipping and port logistics industries. Mr. Wu has been employed by Fengli Group since July 1993. He was a vice general manager of Jiangsu Yongheng Furnace Material Industrial Co., Ltd., a subsidiary of Fengli Group, from July 1993 to October 1997 and was responsible for the sales of raw steel scrap and boiler materials. He was vice general manager of Jiangsu Fengli International Trade Co., Ltd, a subsidiary of Fengli Group, from October 1997 to April 2004 and was responsible for the export and re-export of raw steel scrap and metal scrap. Mr. Wu was then vice general manager of Fengli Group from April 2004 to January 2011 and was responsible for the international trade businesses and general management of VIP customers. Mr. Wu was appointed as the general manager of Fengli Group in January 2011 and is responsible for all the senior management and daily activities of Fengli Group. Mr. Wu has been chairman of Good Credit International Trade Co., Ltd. since June 23, 2010. Mr. Wu received his Bachelor of Civil Engineering from Shazhou Vocational Institute of Technology in 1992. Special Responsibilities: Nil. Directors Interests: Nil fully paid ordinary shares and nil options. Current Directorships: Nil. Past Directorships (last 3 years): Nil.
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