Executive Chairman and Chief Executive Officer hosts leaders town hall
4 Feb 2021 Message from the CEO

Executive Chairman and Chief Executive Officer hosts leaders town hall

Yesterday PanAust Group Executive Chairman and Chief Executive Officer, Dr Qun Yang hosted a virtual town hall for key leaders across the Group.

In his first virtual town hall coinciding with the first day of the Lunar Spring Festival, PanAust Executive Chairman and Chief Executive Officer, Dr Qun Yang spoke with confidence about the Company’s future strategy for at least the next three years. 

Dr Yang acknowledged that 2020 was a difficult, challenging but successful year for PanAust. He went on to express his sincere and heartfelt gratitude to everyone for their resilience and contributions in 2020 which resulted in a better than expected Group operational performance and solid financial contributions to the Government of Laos and to its investor, Guangdong Rising Asset Management (GRAM). 

Dr Yang noted that while the only certainty is uncertainty in the advent of the COVID-19 pandemic, the workforce needed to be confident and aggressive when it looked to the future.

We demonstrated that we are a strong Company, a strong team and have a strong spirit. Now we must set ourselves up and confidently look to the future.

Our business strategy is strong. Our immediate goal is targeted on mining a strong cash flow and we have initiatives that are well progressed to support this goal. We have extended the mine life at both our Operations in Laos to 2023; are actively exploring prospects at our Ban Houayxai Operation; engaging in high level discussions to provide contract mining to suitable companies; and further afield in Australia, we’re pursuing joint venture partners,”

Dr Qun Yang, Executive Chairman and Chief Executive Officer of PanAust

“We know that change is happening everywhere around us. Therefore we also must change. We need to focus on efficiency. We’ll look to implement a new organisational structure that will support this three year outlook,” Dr Yang said.

Dr Yang concluded the meeting by extending New Year wishes on behalf of our shareholder and urging leaders to be confident in the future. Similar to the Ox, which is the 2021 Chinese Zodiac animal, Dr Yang urged PanAust across the organisation to emulate its traits.

“The Ox symbolises strength, health and wealth. May we all remain tough, strong, healthy and wealthy,” Dr Yang said.

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Mr Lei Feng

Non Executive Director
MBA, FCCA

Mr Lei Feng has over 20 years of financial management experience in various sectors including printing, packaging, shipbuilding, grain trading, mining and finance.

Mr Feng began his career in 2004 as a Financial Accountant at C & C Joint Printing Co., (Guangdong) Ltd., after completing a Masters of Business Administration degree between 2002 and 2004 at Sun Yat-Sen University.

After five years, in 2009, Mr Feng was appointed as Financial and Executive Manager at Heshan Innopak Co., Ltd. Since 2013, Mr Feng has held senior financial positions with various Guangdong state-owned companies regulated under the State-owned Assets Supervision and Administration Commission.

In 2013, Mr Feng took up a new appointment as Financial Controller, at Guangxin Shipbuilding and Heavy Industry Co., Ltd and was appointed in 2016, as the Financial Controller with Donlink Group Co., Ltd.

In 2018, Mr Feng joined Guangdong Rising Holdings Group Co. Ltd., (GRHG) as the Deputy General Manager of the Finance Department and later in 2020 he was appointed as General Manager of Finance. In early 2022, Mr Feng took on his current position of General Manager of Guangdong Rising Investment Development Co., Ltd, with GRHG.

Mr Feng became a Non-executive Director of the PanAust Limited Board of Directors on 10 May 2022.

Mr Daling Zheng

Managing Director and Chief Executive Officer
MCom, MBA, PGDip

Mr Daling Zheng is PanAust Limited’s Managing Director and Chief Executive Officer. He has 20 years of experience in asset management and investment in China and internationally and holds a Master of Commerce (Applied Finance) from the University of Queensland, an MBA from Murdoch University, and a postgraduate diploma from the Queensland University of Technology.

Prior to joining PanAust Limited, Daling worked for Shenzhen Zhongjin Lingnan Nonferrous Metal Co. where he was involved in mergers, acquisitions, and the asset management of international mines.

Daling’s previous experience includes as an investment approval officer in the Investment Management Committee of the China Ping An Group where he was responsible for the acquisition of global-listed companies and commercial banks, underwriting, investing in corporate bonds, and participating in Moody and Standard & Poor’s credit rating on Ping An Group. He has also been responsible for corporate banking at the China Minsheng Bank, and was an analyst in the energy and nonferrous metal industry at CITIC Futures.

Daling was appointed an Executive Director of PanAust Limited on 27 August 2018, Chief Financial Officer on 15 January 2019 and Deputy Chief Executive Officer on 23 July 2020. In 2022 Daling was appointed as Managing Director and Chief Executive Officer of PanAust Limited.

Mr Shu Yao

Chairman
BEng, MBA

Mr Shu Yao is a Mining Engineer with over 30 years’ of experience in mining operations and management.

Mr Yao joined Shenzhen Zhongjin Lingnan Nonfemet’s (Nonfemet) Fankou Mine – one of the largest lead and zinc producing mines in Asia – in 1989 as a Mining Technician. He would later serve as the Mining Manager, General Manager of the Mining Department, and Assistant General Manager during his 26 year tenure with the Mine.

In 2015, Mr Yao transitioned to work directly for Nonfemet as the Assistant President; General Manager of the Mineral Resource Department. While with the Company, Mr Yao would go on to hold the roles of Deputy President and Director, and Executive Deputy President and Director.

In 2020, Mr Yao transitioned to his current role of Chairman of Guangdong Rising Investment Development Co. Ltd; a first tier subsidiary of Guangdong Rising Holdings Group Co. Ltd.

Mr Yao became the Chairman of PanAust Limited on 11 May 2021.