2014
Upon the cessation of the company's LCM manufacturing business in April 2014, Nam Tai focused its effects on redeveloping two parcels of property in Gushu, Shenzhen, and Guangming, Shenzhen.
Name change to Nam Tai Property Inc. (NYSE:NTP) signifies transformation to property development and management.
2007
Second manufacturing facilities expand to Wuxi, China.
2003
Nam Tai transferred the listing from Nasdaq to trading on the NYSE.
1988
Initial IPO to list on Nasdaq
1987
Nam Tai moved its first manufacturing facilities from Hong Kong to Shenzhen China to take advantage of lower overhead costs, lower material costs and competitive labor rates available.
1980
Nam Tai reincorporated as a limited liability International Business Company under the laws of the British Virgin Islands.
1979
Initial investment in PRC
1975
Nam Tai Electronics, Inc. was founded.

NAM TAI PROPERTY INC.

(Incorporated in the British Virgin Islands and listed on the New York Stock Exchange in the USA)
(NYSE: NTP)

NAM TAI ELECTRONIC & ELECTRICAL PRODUCTS LIMITED

(Incorporated in the Cayman Islands)

NAMTAI INVESTMENT (SHENZHEN) CO., LTD.

(Incorporated in PRC)

NAM TAI HOLDINGS LIMITED

(Incorporated in the BVI)
(Registered as a part XI company in HK)

ZASTRON ELECTRONIC (SHENZHEN) CO., LTD

(Incorporated in PRC)

WUXI ZASTRON PRECISION-FLEX CO., LTD

(Incorporated in PRC)
DETAILED EXPLANATION:
1. NAM TAI ELECTRONICS, INC. or NTEI, was founded in 1975, and reincorporated as a limited liability International Business Company under the laws of the British Virgin Islands in August 1987, and is a holding company for the subsidiaries shown in the chart above and discussed below. As of April 2014, the Company changed its name to NAM TAI PROPERTY INC. (NYSE: NTP), signifying the transformation to property development and management.
2. NAM TAI ELECTRONIC & ELECTRICAL PRODUCTS LIMITED or NTEEP was incorporated and registered as an exempted company with limited liability in the Cayman Islands in June 2003. The shares of the company were listed on the Main Board of The Stock Exchange of Hong Kong Limited from April 2004 to November 2009, when the company was delisted. The company is an investment holding company.
 
3. NAM TAI INVESTMENT (SHENZHEN) CO., LTD. (formally known as Namtai Electronic (Shenzhen) Co. Ltd) or NTISZ was originally established as Baoan (Nam Tai) Electronic Co., Ltd in June 1989 as a contractual joint venture company with limited liability pursuant to the laws of China. Through September 2010, it engaged in the manufacture and sale of consumer electronics and telecommunications products. With effect from October 1, 2010, the business and operations of NTISZ were transferred to Zastron Shenzhen. NTISZ was transferred into an investment holding company in the PRC in April 2011.
4. NAM TAI HOLDINGS LIMITED (formerly known as First Rich Holdings Limited) or NTHL, was incorporated and registered as a limited company in the British Virgin Islands in November 2007. The company was also registered as non-Hong Kong company under Part XI of the Hong Kong Company Ordinance in December 2012. The company is an investment holding company and acts as the treasury function for Nam Tai Property Inc. group companies and coordinates with the Hong Kong Inland Revenue Department to clarify and finalize all the outstanding tax matters (from the year 1996 up to now) for Nam Tai group subsidiary companies registered in Hong Kong.
 
a. ZASTRON ELECTRONIC (SHENZHEN) CO., LTD , or Zastron Shenzhen was established in the PRC in 1992 as a company with limited liability. It manufacturers telecommunication components and assemblies such as LCD modules and FPC assemblies. Zastron Shenzhen’s sister company, Jetup Electronics (Shenzhen) Co., Ltd, or Jetup, also wholly-owned by NTISZ and engaged in the manufacture of LCD panels and LCD modules, was merged into Zastron Shenzhen effective on April 1, 2010. Upon completion of that merger, Jetup ceased to exist, and it assets, liabilities and operations were transferred to Zestron Shenzhen. In October 2010, the business and operations of NTISZ were transferred to Zastron Shenzhen. In August 2011, Zastron Shenzhen became a wholly owned foreign enterprise.
b. WUXI ZASTRON PRECISION-FLEX CO., LTD, or Wuxi Zastron-flex was established in November 2006 as a wholly owned foreign investment enterprise with limited liability and pursuant to the relevant laws of the PRC. This company began manufacturing and selling FPC boards and FPC subassemblies during 2010. Wuxi Zastron-Flex’s sister company, Wuxi Zastron Precision-Tech Co., Ltd, or Wuxi Zastron Tech also wholly-owned by Nam Tai Investment Limited was merged into Wuxi Zastron-Flex effective in April 2010. Upon completion of that merger, Wuxi Zastron of that merger, Wuxi Zastron Tech ceased to exist, and its assets, liabilities and operations were transferred to Wuxi Zastron-Flex.
 

DIRECTORS

Mr. M. K. Koo

Executive Chairman and
Chief Financial Officer

Year of Birth: 1944

Mr. Koo, a founder of the Nam Tai Group, serves as Executive Chairman and Chief Financial Officer of Nam Tai. Mr. Koo has served Nam Tai in various senior executive and management positions since our inception, including responsibilities for corporate strategy, finance and administration. Mr. Koo received his Bachelor of Laws degree from National Taiwan University in 1970.

Peter R. Kellogg

Member of the Board of Directors

Year of Birth: 1942

Mr. Kellogg has served on our Board of Directors since June 2000. Mr. Kellogg was a Senior Managing Director of Spear, Leeds & Kellogg, a registered broker-dealer in the United States and a specialist firm on the NYSE until the firm merged with Goldman Sachs in 2000. Mr. Kellogg serves on our Compensation Committee and Nominating/Corporate Governance Committee. Mr. Kellogg is also a member of the Board of the Ziegler Companies and the U.S. Ski Team.

Dr. Wing Yan (William) Lo

Member of the Board of Directors

Year of Birth: 1961

Dr. Lo has served on our Board of Directors since July 8, 2003. From 1998 to 1999, Dr. Lo served as the Chief Executive Officer of Citibank’s Global Consumer Banking business for Hong Kong. Prior to joining Citibank, Dr. Lo was the founding Managing Director of Hongkong Telecom IMS Ltd. From 2002 to 2006, Dr. Lo served as Executive Director and Vice President of China Unicom Ltd., a telecommunications operator in China that is listed on both the Hong Kong and New York Stock Exchanges. Until mid-2009, Dr. Lo served as Vice Chairman and Managing Director of I.T. Limited, a Hong Kong retailer in the fashion apparel market with stores in the PRC, Taiwan, Macao, Thailand and the Middle East, listed on the Hong Kong Stock Exchange. Dr. Lo holds an M. Phil. and Ph.D. degrees from Cambridge University, England. He also serves as an Adjunct Professor of The School of Business of Hong Kong Baptist University as well as on the Faculty of Business of Hong Kong Polytechnic University. In 1998, Dr. Lo was appointed as a Hong Kong Justice of the Peace. In 2003, he was appointed as a Committee Member of Shantou People’s Political Consultative Conference. Dr. Lo currently serves on the Nominating/Corporate Governance Committee acting as the Chairman and also serves on our Audit Committee and Compensation Committee.

Charles Chu

Member of the Board of Directors

Year of Birth: 1957

Mr. Chu originally served as a Director of Nam Tai from November 1987 to September 1989. He was reappointed in November 1992 and has since served on our Board of Directors. Since July 1988, Mr. Chu has been engaged in the private practice of law in Hong Kong. Mr. Chu serves as Chairman of our Compensation Committee and on our Audit Committee and Nominating/Corporate Governance Committee. Mr. Chu received his Bachelor’s of Laws degree and Post-Graduate Certificate of Law from the University of Hong Kong in 1980 and 1981, respectively.

Mark Waslen

Member of the Board of Directors

Year of Birth: 1960

Mr. Waslen has served on our Board of Directors since July 2003 and serves as Chairman of our Audit Committee and on our Compensation Committee and Nominating/Corporate Governance Committee. >From 1990 to 1995 and from June 1998 to October 1999, Mr. Waslen was employed by Nam Tai in various capacities, including Financial Controller, Secretary and Treasurer. Since June 1, 2010, Mr. Waslen is employed as a Partner with MNP, a Canadian Chartered Accountant and business advisory firm. From 2001 to 2010, Mr. Waslen was employed by Berris Mangan Chartered Accountants, an accounting firm located in Vancouver, BC. Prior to joining Berris Mangan, Mr. Waslen has been employed by various other accounting firms, including Peat Marwick Thorne and Deloitte & Touche. Mr. Waslen is a CFA, CA and a CPA and received a Bachelor’s of Commerce (Accounting Major) from University of Saskatchewan in 1982.

MANAGEMENT

Liu Pi Hao

Chief Executive Officer (Acting)

Year of Birth: 1963

Mr. Liu is the Vice Chief Executive Officer of Zastron Electronic (Shenzhen) Co., Ltd. He joined Nam Tai as a Production Assistant General Manager in Operation Department on Nov 15, 1999. During his 14 years, he served Nam Tai in various capacities, including Assistant General Manager of R&D, Assistant General Manager of Quality Department, Director & Vice General Manager of the GM Office, Vice Operations President of the GM Office, and Vice President of the Purchasing Department.

Eddie Tsui

Project Director

Year of Birth: 1973

Mr. Tsui joined Nam Tai as Project Director on April 1, 2014. Mr. Tsui is an award winning urban designer and architect, practicing integrated planning, urban design and architectural design, with over 15 years of experience in geographies covering Mainland China, Hong Kong, United States, South East Asia and South Korea. Mr. Tsui was the managing director of the Hong Kong Design Planning and Economics Group of AECOM Technology Corporation (NYSE symbol: ACM) (“AECOM”), leading a team of over 140 staff and focusing on managing and cultivating business through delivery of quality projects, as well as strategic planning and growth of the company. Before this, Mr. Tsui was the managing director for the Guangzhou and Shekou offices responsible for developing AECOM’s Southern China business. Mr. Tsui received a master of architecture degree from Harvard University and a bachelor of arts degree from the University of Pennsylvania, Mr. Tsui is fluent in English, Mandarin and Cantonese, verbally and in writing. Mr. Tsui has also acted as the overseas representative of the People’s Political Consultative Committee of Shaoxing City in Zhejiang province since 2003.

CONSULTANTS

DR. TADASHI SASAKI

Tokyo, Japan

Year of Birth, 1917

Dr. Tadashi Sasaki, a senior executive and advisor to Sharp Corporation since 1964, Dr. Sasaki is currently Advisor to Sharp Corporation, Managing Director of Executive Networks Japan Co., Ltd., Executive Advisor of Softbank Co., Ltd., President of International Center for Material Research, and President and CEO of Tadashi Sasaki Office Ltd. of Japan. While at Sharp Corporation, Dr. Sasaki was in charge of the successful development of the world's first electronic calculator for commercial sale. He has received many awards for his work, including recognition from the Ministry of International Trade and Industry (Japan), Agency of Cultural Affairs (Japan), NASA (USA) and the Dresden Institute of Technology (Germany). Dr. Sasaki graduated from the Faculty of Electrical Technology, Kyoto University in 1938 and received a Doctor of Engineering Degree in 1962.

Mr. TADAO MURAKAMI

Tokyo, Japan

Year of Birth: 1944

Mr. Murakami has served Nam Tai in various executive and non-executive capacities since 1984. He became the Company’s Secretary and a Director in November 1989. In June 1989, he was appointed the Company’s President. Mr. Murakami assumed the position of Vice-Chairman in January 1996, and Chairman from September 1998 until February 2002, when he became a non-executive Chairman of the Board, until July 2005. Mr. Murakami graduated from Japan Electronic Technology College in 1964.

Mr. C. S. CHUANG

Taipei, Taiwan

Year of Birth: 1930

Mr. C.S. Chuang, Senior Managing Director of Inventec Co. of Taipei, Taiwan (Republic of China), he has a long association with Nam Tai and has contributed greatly to the Company in the past. Under his advice and counsel, Nam Tai commenced contract manufacturing in 1978 after years of experience as an electronics distribution company. Mr. Chuang has substantial expertise as a senior executive in the electronics industry in Taiwan after graduating from Taipei Government Commercial School in 1950.