Interview with Wilson Tong FCCA, HKICPA, MBA, Executive Director, Company Secretary & CFO at GCL New Energy Holdings Ltd. 协鑫新能(0451.HK)

By Gary Lam

Post on 07/10/2018

ASIA CEO COMMUNITY INTERVIEW SERIES

Leadership Philosophy

The skill & art of Delegation is essential for business leaders. The ability to delegate is the power to build a future bigger than yourself.

Wilson Tong

Executive Director, Company Secretary, and CFO at GCL New Energy Holdings Ltd (Hong Kong Stock Code: 0451.HK)

Asia CEO Community

ACC: Please tell us about GCL New Energy Holdings Ltd.?

WT: Sure! GCL New Energy Holdings Ltd (GCL New Energy) is listed on the Hong Kong Stock Exchange (0451. HK) under GCL Group. By using less than 4 years, It has become the World’s 2nd largest solar farm developer and operator with total installed capacity of 7.1GW as at the end of June 2018, or 205 solar farms across 26 provinces in China together with the presence in the US and Japan. Its primary business is solar power generation covering development, construction and operation management of solar farms, thereby providing the society with sustainable green energy that is clean, safe and efficient.

It is a constituent of MSCI Global Small Cap Index - MSCI China Index, gaining recognition from international capital market. In addition it is included in the trading list of Shenzhen-Hong Kong Stock Connect and Hang Seng Stock Connect Hong Kong Index, gaining recognition from Chinese capital market

ACC: Could you please tell us about yourself?

WT: At GCL New Energy, I have been the Chief Financial Officer since July 2015, an Executive Director since December 2015 and the Company Secretary since February 2018. I have over 25-year experience in finance and accounting field and started my career as an Auditor with Deloittle Touche Tohmatsu. After leaving Deloitte, I served as the CFO and Company Secretary at several listed companies in HK. In terms of my education background, I hold a Master of Business Administration degree from the University of Strathclyde in UK. Also, I am a Fellow Member of the Association of the Chartered Certified Accountants and an Associate Member of the Hong Kong Institute of Certified Public Accountants

ACC: Could you share with us how do you achieve today's success? How did you get awarded as the Top 10 CFO in China?

WT: : I was nominated and awarded one of China’s Top 10 CFO specialized in corporate finance资本运营in 2017. I believe that it is mostly due to my extensive experience in Fund Raising of about USD1 Billion and in bringing 3 Chinese companies to go public in HK. I am very honored to receive this award 

ACC: 4. What is your philosophy in management? How would you describe your leadership style?

WT: I believe in the Power of Delegation. Delegation is to assign authority and responsibility to subordinates in order to complete clearly agreed and defined  tasks, while you retain ultimate responsibility for accomplishing these tasks. Wise leaders understand that delegation includes relationship building and people development. Employees are more effective performers when they feel part of something that is bigger than themselves. Also, delegation helps my company to develop new leaders and build new skills within the group.

In summary, benefits of Delegation include:

1. Give leaders more time to do more value-added tasks.

2. Provide team members with opportunities to help them develop and grow

3. Enable the team to complete assignments more efficiently 

Also, it is important for leaders to clarify accountability and to provide on-going support and guidance during the process. Once the project is completed, the leader and the team should conduct immediate evaluation on the whole process and look for improvement.

ACC: Could you explain how you balance work and life?

WT:  To balance work and life, you must understand how to manage your time and delegate your authority. You can waste a lot of time by focusing too much on unimportant details. My rule is to organize, prioritize, and delegate my tasks. Time is the most important resource, so let's make the most of it.

ACC: Thank you Wilson! Thank you for taking your time for the interview

About Wilson

Mr. Wilson Tong

Wilson has been the Chief Financial Officer since July 2015, an Executive Director since December 2015 and the Company Secretary since February 2018 at GCL New Energy Holdings Limited. Mr. Tong has over 25 years of experience in finance and accounting field. He is a Fellow Member of the Association of the Chartered Certified Accountants and an Associate Member of the Hong Kong Institute of Certified Public Accountants. Mr. Tong holds a Master of Business Administration degree from the University of Strathclyde in UK.

About ASIA CEO COMMUNITY INTERVIEW SERIES

The ASIA CEO COMMUNITY Interview Series is a fun Question and Answer style interview which we really enjoy doing with business leaders. The purpose of our interview is to get insight into two areas … one – business leaders ideas on managing their companies and two – insights into the methods and philosophy that make these leaders successful.

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