Mr. Meng is an executive Director and Chairman of the Board responsible for the overall strategic development, and Mr. Meng is also the Chairman of the Nomination Committee of the Board. He was appointed as Director on 28 August 2018 and re-designated as executive Director on 27 February 2019. Mr. Meng has over 42 years of experience in oilfield equipment business. He also has over 25 years of experience in operation and management business of oil and gas pipe manufacturing. He joined the Group on 18 September 1998 as one of the founders and controlling shareholders of the Group. Mr. Meng is also a director of certain subsidiaries of the Group. Mr. Meng is the father of Mr. YX Meng, an executive Director and the deputy chief executive officer of the Group. Mr. Meng graduated from Communist Party of China Hebei Provincial Party School Party and Government Cadres College* (中共河北省委黨校黨政幹部函授學院) in the PRC in July 1998.