Mr. Tung Chi Fung is the executive Director and the chairman of board as well as the chairman of the Nomination Committee and a member of the Remuneration Committee. Mr. Tung is one of the four members of the risk management committee of SYF and is responsible for reviewing and approving certain high risk factoring transactions. Mr. Tung is the founder of Sheng Ye group and the director of all the subsidiaries of the group who is responsible for overall strategic planning, business development and operational management of the group. Mr. Tung obtained his bachelor degree in business administration with merit from the Singapore Management University in May 2013. Mr. Tung is also the honorary committee member of Raleigh China, a non-profit making organization focusing on youth development in China.