Corporate Governance
Board of Directors
Executive Directors
Mr. Lau Kui Wing (劉鉅榮), aged 78, founder of our Group, was appointed as a Director on January 9, 2024 and re-designated as an executive Director on July 12, 2024. He is also the chairman of our Board and is primarily responsible for formulating the overall strategic planning and business direction of our Group. Mr. Lau is also a director of certain of our subsidiaries, namely Eternal BVI, Excellent Fareast, Eternal China, Eternal Far East, Moral Happiness, Talent Crown, Eternal China Trading and Eternal Shanghai Trading, and a director of B&E China, our joint venture company. Mr. Lau is the father of Ms. Lau, our executive Director.
Mr. Lau has over 40 years of extensive experience in perfume agency sales, retail, and brand operations management. Prior to founding our Group, from August 1972 to March 1988, he worked in Cathay Pacific Airways Limited with his last position as a chief purser. Eyeing on the absence of companies introducing imported perfumes into the PRC markets, Mr. Lau introduced international perfumes into China in 1988 through organizing a perfume boutique counter in a department store in Beijing. He has then devoted his full time to pursue his business in the perfume industry since 1988, and has successfully led us to become a leading perfume group in China (including Hong Kong and Macau).
Mr. Lau is an honorary chairman (榮譽會長) of The Cosmetic & Perfumery Association of Hong Kong Ltd. (香港化粧品同業協會). Mr. Lau was awarded the honor of “Outstanding Philanthropic Entrepreneur of the Year (奧納獎–傑出愛心企業家)” in 2021 and 2023, respectively.
Mr. Lau graduated from The Harrow E. T. School Hong Kong in August 1966.
Ms. Lam King (林荊), aged 49, joined our Group since December 1999. She was appointed as a Director on July 10, 2024 and was re-designated as an executive Director on July 12, 2024. She is also chief executive officer of our Group and is primarily responsible for overall operational management of our Group. Ms. Lam is also a director of B&E China, our joint venture company.
Since joining our Group, Ms. Lam has held various positions across different business divisions of our Group. From December 1999 to February 2005, she was a business administrator responsible for our Group’s business administration. From March 2005 to September 2007, she was appointed as operation manager overseeing the overall operations in mainland China. From October 2007 to February 2011, she served as brand development and management director of our Group overseeing all aspects of product lifecycle and developing product initiatives. She became vice president of our Group in March 2011 and then senior vice president of our Group in February 2018 overseeing the business in Hong Kong and mainland China including internal operations and customer relations and spearheaded the development of our Group’s back-end functions including supply chain management, digital transformation and digital marketing initiatives.
Ms. Lam has over 20 years of profound managerial experience in our Group and a comprehensive understanding of the perfume, skincare, cosmetics industry. She was the Brand Alliance vice chairperson of the 27th China Beauty Expo in 2023, the vice chairperson and endorsement officer of Online China Beauty Expo in 2022, special strategic supporting enterprise representative of Chinese Cosmetics Retail Expo in 2021, and the Brand Alliance vice chairperson of the 26th China Beauty Expo in 2021.
Before joining our Group, from February 1997 to August 1999, Ms. Lam worked at Easewell Industrial Ltd., a household products manufacturer, as marketing and sales co-coordinator responsible for marketing and sales.
Ms. Lam obtained a bachelor’s degree of arts in business studies from City University of Hong Kong in November 1998.
Ms. Lau Wing Yin (劉頴賢), aged 50, joined our Group in March 2004. She was appointed as a Director on July 10, 2024 and re-designated as an executive Director on July 12, 2024. She is primarily responsible for overall business development of our Group. Ms. Lau is also a director of certain of our subsidiaries, namely Eternal China, Eternal Far East, Moral Happiness, Talent Crown, E China Trading and Guangzhou Consulting. Ms. Lau is the daughter of Mr. Lau, our founder, chairman of our Board, and our executive Director.
Ms. Lau brings over 20 years of industry experience to her role. After completing her overseas education, Ms. Lau served at Eagle Star Insurance Company Limited, a British insurance company under Zurich Financial Services, from August 2001 to March 2004 and was responsible for financial planning. Upon joining our Group in 2004, Ms. Lau has held various key positions within the organization, with a focus on the regional business in Hong Kong. Her marketing expertise and strategic vision elevated the performance of the marketing department, laying the groundwork for the Group’s expanding brand portfolio. Ms. Lau then transitioned to the sales division, leveraging her deep understanding of consumer trends and market dynamics to spearhead business development initiatives that significantly bolstered our revenue streams. In recognition of her invaluable contributions, Ms. Lau was appointed as Vice President in 2020, overseeing the sales and operations in Hong Kong.
In addition to her business responsibilities, Ms. Lau has assumed the Chairmanship of the International Fragrance Foundation organized by our Group in Hong Kong and Macau. Furthermore, Ms. Lau has been appointed as the Caring Ambassador from March 2024 to February 2025, in recognition of her contribution in corporate community involvement programmes.
Ms. Lau obtained a bachelor’s degree of arts from Macquarie University in Australia in September 2001.
Mr. Chu Wai Tsun, Baggio (朱維馴), aged 51, initially joined our Group in July 2010 as the financial controller of Eternal Far East until March 2020. Mr. Chu re-joined our Group in May 2023 as the chief financial officer. He was appointed as a Director on July 10, 2024 and re-designated as an executive Director on July 12, 2024. He is primarily responsible for overall financial management and investors relationship affairs of our Group.
Mr. Chu has long been engaged in auditing and financing, and has rich experience in investment and financial management. From May 2002 to February 2005, Mr. Chu worked in H.K. Zhong Tian Hua Zheng CPA Ltd. with his last position as semi senior audit assistant. From April 2005 to December 2008, he worked in PricewaterhouseCoopers with his last position as a manager. From January 2009 to June 2010, he worked as a senior audit manager in UHY Vocation HK CPA Limited. From March 2020 to September 2021, he worked as senior financial director in Sipai Health Technology Co., Ltd. (思派健康科技有限公司), a medical and health services company currently listed on the Stock Exchange (stock code: 314). From September 2021 to December 2022, he worked as vice president of finance in Shenzhou Medical Technology Co., Ltd (神州醫療科技股份有限公司). From March 2012 to June 2018 and since June 2021, Mr. Chu was and has been an independent non-executive director of Nanjing Panda Electronics Company Limited (南京熊貓電子股份有限公司), an electronic equipment company currently listed on the Stock Exchange (stock code: 553) and Shanghai Stock Exchange (stock code: 600775).
Mr. Chu was admitted as an associate of CPA Australia in January 2001. He obtained the master’s degree of commerce in finance at the University of New South Wales in Australia in June 2002 and a bachelor’s degree of business at the University of Technology, Sydney in October 2000.
Independent Non-executive Directors
Mr. Nagy Guillaume Nicolas Sébastien (“Mr. Nagy”)
Ms. Chan Soh Cheng (“Ms. Chan”)
Audit Committee
Mr. Tao Chi Keung (Chairman)
Mr. Nagy Guillaume Nicolas Sébastien
Ms. Chan Soh Cheng
Remuneration Committee
Mr. Nagy Guillaume Nicolas Sébastien (Chairman)
Ms. Lam King
Mr. Tao Chi Keung
Nomination Committee
Mr. Lau Kui Wing (Chairman)
Mr. Tao Chi Keung
Ms. Chan Soh Cheng
Company Secretary
Ms. Chung Kok Kuen（ACG HKACG）
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