Global Lights Acquisition Corp *
LETTER OF INTENT – 11/22/24 – LINK
- The SPAC announced the signing of a non-binding letter of intent for a potential business combination with W Straits Limited, a leading international fintech company.
EXTENSION – 11/20/24 – LINK
- The SPAC approved the extension from November 16, 2024 to May 16, 2025.
- 1,825,361 shares were redeemed.
- $350K per 3-month extension (x2) will be deposited into the trust account.
MANAGEMENT & BOARD
Executive Officers
Zhizhuang Miao, 43
Chief Executive Officer and Chairman
Since July 2018, Mr. Miao has been the founder of Guizhou Zhonghuanjiancheng Circular Economy Industry Co., Ltd , a company that focuses on the development and promotion of comprehensive environmental protection solutions and resource recycling technologies as well as investment in renewable resource industrial parks. He also currently serves as director for Dalian Bomei Technology Co., Ltd. and Dalian Yishun Green Tech Co., Ltd since August 2018. During this period, Mr. Miao was engaged in international trade of bulk commodities, recycling of renewable resources and harmless and reduced disposal of solid hazardous wastes, and was committed to reducing resource waste and secondary pollution in the city. Based on the rapid development trend of global environmental protection industry, his work focuses on developing and promoting resource recycling technology and comprehensive environmental protection solutions, and uses renewable resources industrial parks to solve the problem of renewable resources recycling. Mr. Miao received his master’s degree in civil engineering from Pierre and Marie Curie University, and his bachelor’s degree in civil engineering from Dalian University.
Bin Yang, 50
Chief Financial Officer
He has rich financial experience in finance since 1994. Mr. Yang has been the chief financial officer of Shenzhen Zhongheng Huafa Co., Ltd. (SZSE: 000020) from 2015 to February 2022. Prior to that, he worked as an accountant and senior economist in the Industrial and Commercial Bank of China and China Minsheng Bank, and then served as vice president and secretary of Shenzhen GuoHua Network Security Technology Co Ltd (SZSE: 000004) from January 2011 to August 2015. He also currently serves as deputy general manager and board secretary for ShenzhenWongtee International Enterprise Co.Ltd. (000056. SZ) since February 2022. In recent years, Mr. Yang was involved in several significant financing projects including the private placement of Shandong Huatai pharmaceutical factory, the listing of Shenzhen Putian Yitong Technologies Co., Ltd. (NEEQ: 836985) and LIYUANJI Jewelry (ShenZhen) Co., Ltd. (NEEQ: 838908) on the NEEQ. Mr. Yang was honored the 2nd Board Secretary Award of China’s top 100 listed companies in 2017. He has acted as secretary for the board of directors, chief financial officer and independent director for several public companies. Mr. Yang graduated from Nanjing Agricultural University with a bachelor’s degree in finance in 1994 and Xi’an Jiaotong University with a master’s degree in management in 2003.
William Liu, 65
Chief Strategy Officer
A 20-year veteran of Wall Street, Mr. William Liu is currently a partner at Global Business Strategy Corporation. Prior to that, Mr. William Liu held positions with various financial institutions such as Credit Suisse First Boston from 2000 to 2002, Bank of New York Mellon from 2002 to 2004, Lyra Capital LLC from 2004 to 2005, Ivy Asset Management from 2005 to 2006, and Provident Group Asset Management from 2007 to 2011. provides a full range of market research and financial investment consulting services to his investor clients and has managed multi-billion dollar investment platforms. His areas of expertise involve global multi-asset fund investment, business risk control system setting, development of customized investment and financing solutions, digital application of financial technology asset allocation, alternative investments, firm wide risk management, strategic and tactical asset allocation, investment project due diligence of M&A and public listings, development of FoF/MoM products, securitization and structuring of CDOs, quantitative investment and trading strategies, fundraising and management of alternative funds, and CIO outsourcing implementation. Prior to joining Wall Street firms, he was a visiting scholar and post-doctoral research scientist at Columbia University in New York, where he led a team to research new processes for industrial groups’ metal recycling and industrial waste recycling projects. Mr. Liu received his Ph.D. degree from RWTH Aachen University and the University of Science and Technology Beijing.
Guomei Han, 55
Chief Research & Development Officer
Mr. Han has been a director and general manager at Dalian Jiarui Environmental Protection Technology Co., Ltd. since July 2008 and Dalian Bomei Technology Co., Ltd since August 2017. Mr. Han has extensive experience in the design and development of water treatment technologies and owns nearly 20 patents relating to water treatment technologies and devices. Mr. Han received his bachelor’s degree in environment monitoring from East China University of Science and Technology in 1990 and is a certified Senior Engineer and Associate Constructor.
Yizhi Guo, 34
Chief Technology Officer
Mr. Guo founded Dalian Yishun Green Tech Co., Ltd. and has been its chairman since May 2017. He was an executive director for Dalian Shengteng Green Energy Technology Co., Ltd from 2021 to 2022, focusing on the application of plasma technology to hazard-free treatment of ash and residue after incineration and high temperature treatment to vitrify and convert such waste into construction material. Mr. Guo is also an entrepreneur and winner of multiple business plan competitions and has received funding from local governments for his venture projects. Mr. Guo received his master’s degree in mechanical and material engineering from Oregon State University in 2016 and his bachelor’s degree in energy and power engineering from Shandong University in 2011.
Board of Directors
Zhao Yu, 65
Director
Mr. Yu is an accomplished engineer and has served as deputy director at Duel Research Group since July 2007, in charge of the development of several cutting-edge technologies and products, such as micro-negative pressure catalytic cracking of waste tires at low temperature, nanoscale thermal insulation coating, and hydrophobic and hydrophilic photocatalyst products. Prior to Duel Research Group, Mr. Yu worked as an engineer at Moore Product Company from 1999 to 2004, during which he led the development of 300,000kW and 600,000kW thermal power plant control systems. In recent years, Mr. Yu’s research focused on the kinetics principle of AOD metallurgical process and created a world-leading product quality control system based on his research.
Xuan Liu, 67
Director
Mr. Xuan Liu currently has been serving as chief engineer at China Ocean High Energy Technology Research Institute since July 2018 and is responsible for research involving experiment on uranium and lithium extraction from the seawater and projects on warm and concentrated seawater recycling in nuclear power plants. He has also been a director at the research and development center at China Science Tsing Research (Beijing) Institute of Science and Technology since 2019. Early in his career, Mr. Xuan Liu was involved in various projects involving rare mineral extraction and special alloy smelting. Mr. Xuan Liu received his bachelor’s degree in mineralogy from Central South University in Changsha in 1983.
Jincheng Ma, 56
Independent Director Nominee
Mr. Ma has been an independent director at Dalian Demaishi Precision Technology Co., Ltd. (SZSE: 301007), since August 2017. Mr. Ma is a professor at Dongbei University of Finance & Economics, where he has been working since March 1990. Primarily focusing on corporate governance, merger, acquisition and restructuring, Mr. Ma is an accomplished researcher and has published various academic papers on top journals. Mr. Ma received his Ph.D. degree in international economics and trades from Dongbei University of Finance & Economics.
Chengzhong Li, 78
Independent Director Nominee
Mr. Li is experienced in finance and accounting. Mr. Li served multiple positions including chief accountant and first deputy general manager at Liaoning Property Group Corporation from 1965 to 2000, during which he concurrently served as the director of finance at Department of Materials of Liaoning Province from May 1965 to June 1993 and the chief accountant and first vice president at Liaoning Material Group Corporation from 1991 to 1993. Mr. Li also served as the vice president at Liaoning Baoye Accounting Firm Co., Ltd. from 2003 to 2014 and the independent director at Dalian Tianbao Green Food Co., Ltd from July 2007 to July 2010. Mr. Li was a certified public accountant in China from 1997 to 2015.
Rongyu Chi, 77
Independent Director Nominee
Mr. Chi was a general secretary at the higher education department of the Chinese Abacus Association from 1988 to 2004 and associate professor at Dongbei University of Finance & Economics from 1969 to 2004. Mr. Chi received his bachelor’s degree in economics from Shandong Economics University.