Company Introduction

We are engaged in the business of marketing, selling and distributing light aromatic flavor Chinese Baijiu with a moderate price range in China.

Traditionally we focused our business on the distribution and sale of Chinese Fenjiu Liquor, which is the premium brand name for light aromatic flavor Chinese Baijiu produced by Fenjiu Group. Distribution and sale of Fenjiu Liquor presented great business opportunities for us to build up extensive distribution channels and to develop effective marketing strategies to attract Chinese Baijiu consumers while promoting light aromatic flavor Chinese Baijiu under our own brands. Collaboration with Fenjiu Group and the sale of co-branded Fenjiu Liquor have increased the name recognition of our own brands.

In October 2016 we established our imported wine distribution business, in which we sell and distribute wines imported from Spain and New Zealand in China.

After years of accumulation of experience, we have obtained significant knowledge of Chinese Baijiu market and deep understanding of the tastes of Chinese Baijiu consumers. With such knowledge and understanding, we started to shift our business focus to marketing and selling light aromatic flavor Chinese Baijiu under a series of our own brands, including Dagangjiu (translated as “Big Jar Liquor”), Xiaogangjiu (translated as “Small Jar Liquor”), Jinshuiyao (translated as “the Tale of Shanxi’s Water”) and a few other brands.

Management Team

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Mr. Peng Yang

CEO, Director, President and Secretary

Mr. Yang has been serving as Oranco’s CEO and director since January 5, 2018. Mr. Yang has international business and management experience from his positions working with Huaxin, a company engaged in wine trading, and Reliant Investment (Group) Limited, an investment company. He has served as the general manager assistant and overseas affairs manager of Huaxin since 2015 and as limited director of Reliant Investment (Group) Limited since 2016. Mr. Yang is a leading member of our sophisticated and long-serving management team who has experience in alcohol marketing and has led us through multiple business breakthroughs. Mr. Yang holds a bachelor’s degree in engineering, with honors, from the University of Auckland in New Zealand in 2016.
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Mr. Tat Fai (Eric) Chung

Chief Financial Officer

Mr. Chung started providing services as the interim CFO since December 18, 2021, and officially became the CFO on September 18, 2022. Mr. Chung will also serve as a director of Oranco, Inc. Before joining Oranco, he served as the Finance Manager of Sino Energy International Holdings Group Limited from 2020 to 2022. From 2016 to 2020, Mr. Chung served as the Senior Manager of Zhonghui Anda CPA Limited. Mr. Chung also served as Manager at BDO Limited from 2015 to 2016, and held different positions at PricewaterhouseCoopers Limited from 2005 to 2014, at Pentagon CPA Limited from 2004 to 2005, and at David Fong & Co., Certified Public Accountants between 2003 and 2004. Mr. Chung graduated from the University of New South Wales in Australia with a commerce degree of double majors in accounting and information systems.

Board of Directors

Name Age Role
Peng Yang 31 Chief Executive Officer, Director, President and Secretary
Tat Fai (Eric) Chung 41 Chief Financial Officer and Director
Mei Chi 48 Independent Director
Cha Hwa (Brandson) Chong 55 Independent Director

Independent Directors

Ms. Mei Chi

    Ms. Chi will serve as an independent director of Oranco, Inc. Since 2019, Ms. Chi has been working at Kingdom Investment Managers Limited, where she is responsible for fund raising, negotiation between the limited partners and the general partners of funds, preparing due diligence and maintaining client relationships. Ms. Chi is also a Responsible Officer in Type 1 at Kingdom Securities Limited since 2021. Between 2019 and May 2022 Ms. Chi served as a director of Kingdom Growth Fund SPC. Between August 2015 and November 2018, Ms. Chi worked at OCBC Wing Hang Bank Limited as a senior relationship manager, where she advised clients on listed securities and maintained customer relationships. Between 2006 and 2015, Ms. Chi worked as a senior customer service officer at Bank of China (Hong Kong) Limited. Ms. Chi graduated from the Open University of Hong Kong with a bachelor’s degree in business administration. We believe Ms. Chi’s experience in the financial service industry qualifies her as an independent director of Oranco.

Mr. Cha Hwa (Brandson) Chong

    Mr. Chong will serve as an independent director of Oranco, Inc. Mr. Chong has been working as a senior advisor on capital operations at SinoSteel Golden Prosperity Development Limited since September 2019. Mr. Chong has also been holding the position of director of the international financial services center at the Shenzhen Branch of Guandong Enterprise Management Consulting Association since December 2017. From October 2020 to April 2021, Mr. Chong served as the executive director at Aurum Pacific (China) Group Limited, a company listed on the Hong Kong Stock Exchange. From October 2017 to July 2018, Mr. Chong served as the financial executive director at Aquatic Foods Group PLC, a company listed on the London Stock Exchange. Mr. Chong has also served as an independent director at several listed companies, including Sino Energy International Holdings Group Limited, China Beidahuang Industry Group Holdings Limited, Boshiwa International Holding Limited, and China Mining Resources Group Limited. We believe Mr. Chong is qualified to serve on Oranco’s board because of his financial background and experience as an independent director of public companies.

Board Committee Composition

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