Caravelle International Group Announces New CEO and Audit Committee Chair
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Caravelle International Group has announced the appointment of Shixuan He as the Company’s Chief Executive Officer (CEO) and Xuanhua Xi as an independent director and Chairman of the Audit Committee. These strategic appointments are aimed at driving the company’s transition towards sustainable maritime practices and enhancing its management systems.
Mr. He, with his 15 years of management experience, has accumulated rich industry insights and exceptional leadership skills. His career has spanned large-scale diversified holding groups, rapidly growing intelligent and connected innovation enterprises, and the new energy and low-carbon field, demonstrating his adaptability and strategic vision in various business environments and achieving outstanding results in expanding business cooperation with multiple international well-known enterprises. In 2014, after joining High-Trend Technology Co., Ltd. as CEO, Mr. He led the development of the smart streetlight project and introduced the innovative concept of “one road, one network, one platform” for urban infrastructure Internet of Things (IoT). In 2015, he collaborated with General Electric (GE) to build China’s first large-scale smart streetlight IoT platform project, with a total investment of 200 million RMB. Building on the success of this project, he signed a global strategic cooperation agreement with GE at the 6th China-US Energy Efficiency Forum, witnessed by the National Development and Reform Commission of China and the U.S. Department of Energy. This agreement facilitated the global promotion of both parties’ research and development achievements. In 2019, the cooperation results of this project were successfully replicated in the Brazilian market, achieving significant project outcomes. In 2020, Mr. He focused on new energy and low-carbon emission reduction projects, pioneering multiple projects in the field of green biomass energy and carbon asset development.
Ms. Xi possesses extensive experience in the field of professional financial services, particularly excelling in financial innovation. She has held senior management positions in several well-known financial institutions, accumulating profound professional knowledge and practical experience. Ms.Xi has been serving as the Chief Risk officer of DigiFT Technology Group, a Singapore-based on-chain capital market operation and service provider, since December 2024. She served as the Deputy Chief Executive Officer of Neutral Financial Holding Company Limited, a Hong Kong-based licensed financial service provider, from July 2024 to December 2024. Previously, she served as the Deputy Chief Executive Officer of BOCOM International Holdings Co., Ltd., a Hong Kong-based and listed financial service provider, from July 2017 to December 2023. She was also the General Manager of BOCOM International (Shanghai) Equity Investment Management Co., Ltd., an investment management company, from November 2020 to January 2022. From March 2015 to July 2017, she served as the General Manager of BOCOM International Securities Ltd., a company providing securities brokerage services.
Mr. Jinyu Chang, Chairman of the Board expressed that we are delighted to announce the addition of Mr. He and Ms. Xi to the leadership team at the company. Mr. He’s strategic vision and extensive experience will inject strong momentum into our sustainable development strategy; Ms. Xi’s exceptional leadership in financial innovation and global perspective will further enhance our competitiveness in the capital markets.
These appointments come at a significant time as the company is focused on enhancing its management systems and committing to ocean carbon neutrality. The new leadership will guide company in leveraging cutting-edge technology and finance integration to achieve sustainable development and create substantial opportunities for long-term growth and shareholder value.
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