Email：ir@goaster.com

Company Information

Corporate Profile

As the first Chinese printer consumables enterprise listed on the US stock market (YIBO.US), Aster Group is an international group that organically integrates independent research and development, manufacturing, international trade, and cross - border e - commerce, with innovation and quality as the core driving forces. We have meticulously crafted a diverse product matrix, deeply rooted in the fields of printing consumables and office supplies, while actively expanding into the consumer electronics sector, showcasing our strong development potential. With proprietary technologies, outstanding research and development capabilities, and localized sales, logistics, and service platforms, we are committed to providing global consumers with high - quality and cost - effective products and solutions to fully meet consumer demands.

In terms of global market positioning, we are a leading outward-oriented manufacturer and seller of compatible toner cartridges in the China, US, and European regions, ranking second in the global compatible consumables industry. We accurately perceive the market demand for high-quality and high-performance printing consumables, relying on advanced technological research and development and exquisite manufacturing processes to secure a significant share in the US and European markets, establishing ourselves as a benchmark enterprise in the industry and leading the direction of industry development.

Our efficient and interconnected international business landscape highlights our strength: the group has established marketing headquarters, manufacturing and delivery centers, and research and development centers in major cities across China, while also setting up sales subsidiaries and logistics centers in various locations worldwide, including Hong Kong, the United States, the Netherlands, the United Kingdom, France, Germany, and Italy. The group currently employs over 2,000 people, including nearly a hundred foreign employees from Europe and the United States. Our business extensively covers more than 48 countries and regions globally, serving over hundreds of millions of end users, with international business accounting for over 90%, demonstrating the group's outstanding international influence and broad development prospects.

Our advantages

  • Professional R & D capacity for patented technologies.
  • Mature sales channel capabilities.
  • An outstanding and industry-deep-rooted management team.

Management and Board of Directors

Mr. Weidong Gu - Chairman of the Board of Directors

Mr. Weidong Gu is one of our founders and has served as our director since inception and our chairman of the board of directors since April 2020. Mr. Gu has extensive experience as an engineer and possesses more than 21 years of experience in the compatible toner cartridge industry. In 2011, Mr. Gu co-founded our Company, and since then, he has been overseeing our Company’s corporate strategic planning and business development, and managing our day-to-day business operations. Prior to founding our Company, Mr. Gu worked as the manager of the engineering department and deputy general manager of Zhuhai Seine Technology Co., Ltd., responsible for managing the manufacturing and research and development operations. Prior to 2002, Mr. Gu was involved in engineering work in several companies. Mr. Gu received a bachelor’s degree in radio engineering from Xiangtan University in the PRC in 1991. He obtained an intermediate engineer qualification in August 1999.

Mr. Shaofang Weng - Chief Executive Officer and Director

Mr. Shaofang Weng is one of our founders and has served as our director and chief executive officer since April 2020. Mr. Weng has over 20 years of experience in financial accounting and control. Mr. Weng has been with our Company since January 2011 and served as the financial controller of Jiangxi Yibo since February 2012. Since June 2007, Mr. Weng has served as the executive director of Dongguan Pudao Consulting Co., Ltd., a company that provides tax and financing services for small and medium enterprises. Prior to that, Mr. Weng served as finance manager and deputy general manager of Guangzhou Tianyue Communication Technology Development Co., Ltd. from November 2003 to June 2007. Mr. Weng received a bachelor’s degree in accounting in 1995 and a master’s degree in accounting in 2002 from Jiangxi University of Finance and economics. Mr. Weng has been a member of The Chinese Institute of Certified Public Accountants since December 1998.

Mr. Quanmao Zhou - Chief Financial Officer

Mr. Quanmao Zhou has served as our chief financial officer since October 2021. Mr. Quanmao Zhou joined our group in July 2018 as the financial manager of Jiangxi Yibo and currently serves as the financial controller of Jiangxi Yibo. From July 2011 to June 2018, Mr. Quanmao Zhou served at multiple positions at Hisense Group consecutively, including as an accounting supervisor at Qingdao Hisense International Co., Ltd., the financial controller at a subsidiary of the group in Spain, and the financial controller at a subsidiary of the group in Mexico. Mr. Quanmao Zhou obtained his bachelor’s degree in finance from Xi’an Jiaotong University in the PRC in 2011.

Mr. Zhisheng Cheng – Vice President

Mr. Zhisheng Cheng is one of our founders and has served as our vice president since April 2020. Mr. Cheng has had extensive experience in product development. Mr. Cheng has been with us since 2011 and has since served as the director of technology and the deputy general manager of Jiangxi Yibo. Prior to founding our Company, from January 2007 to February 2011, Mr. Cheng worked as the director of the technology department of Zhuhai Seine Technology Co., Ltd. Prior to that, Mr. Cheng worked as the head of research and development at Zhuhai Ninestar Electronic Technology Co., Ltd. from July 2004 to January 2007. Mr. Cheng received a bachelor’s degree in mechanical design and manufacture from Hubei University of Technology in the PRC in 2004.

Mr. Qilong Yang – Vice President

Mr. Qilong Yang is one of our founders and has served as our vice president since April 2020. Mr. Yang has had extensive experience in manufacturing management and operation. Mr. Yang has been with us since 2011 and has since served as the deputy general manager of Jiangxi Yibo. Prior to that, Mr. Yang worked at Zhuhai Ninestar Eletronic Technology Co., Ltd. from October 2001 to August 2009 as the supervisor and manager of quality control department and from September 2009 to July 2011 as the assistant to the general manager. Mr. Yang graduated with a diploma in computer information management from Sichuan Three Gorges College in the PRC in 1996.

Ms. Yu Xiang - Independent Director Appointee

Ms. Yu Xiang is our independent director appointee, whose appointment will become effective upon the effectiveness of our registration statement, of which this prospectus is a part. From January 2021, Ms. Xiang served as a partner of Guangzhou Jingtian Enterprise management Consulting Services Co., Ltd., providing financial advisory services for China-based companies listed on overseas stock markets. From April 2008 to October 2020, Ms. Yu Xiang served as a managing director of Marcum Bernstein & Pinchuk LLP, responsible for leading audit teams in providing assurance services to Chinese companies listed in the United States and the operation of south China regional office. From October 2005 to April 2008, Ms. Xiang served as senior associate of PricewaterhouseCoopers in Guangzhou, China, providing audit assurance services to various PRC companies that were listed on the international stock markets. Ms. Xiang obtained her bachelor’s degree in accounting from Nanjing Audit University in the PRC in 2005 and is a member of American Institute of Certified Public Accountants and Association of Chartered Certified Accountants.

Ms. Fenglei Jiang - Independent Director Nominee

Ms. Fenglei Jiang has served as our independent director since June 2021. Ms. Fenglei Jiang has had extensive experience in engineering and business management. Since September 2015, Ms. Fenglei Jiang has served as the supervisor of Guangzhou Carbon Asset Management Co., Ltd. From April 2005 to September 2020, Ms. Fenglei Jiang served as an executive director and the general manager at Zhongshan Wanjing Technology Development Co., Ltd. Ms. Fenglei Jiang received a bachelor’s degree in metal material and heat treatment from Beihang University in the PRC in 1988.

Mr. Xinwei Xie - Independent Director Nominee

Mr. Xinwei Xie has served as our independent director since June 2021. Mr. Xie has extensive experience in information technology and e-commerce. Since July 2021, Mr. Xie has served as the supervisor at Hainan Yinghai Network Technology Co., Ltd., where he is mainly responsible for supervising and monitoring the company directors’ and management’s actions as they carry out their responsibilities. From July 2015 to June 2021, Mr. Xie served as the chief technology officer of Hainan Yinghai Network Technology Co., Ltd., where he was responsible for the research and development of proprietary medical insurance fraud prevention and costs control digital systems. Since October 2010, Mr. Xie has been an executive director at Shanghai Highdata Technology Co., Ltd., a medical information company, where he was responsible for the research and development of an independent intellectual property memory database, supervised projected in connection with big data technology and the development of a quality protection system for drugs. Mr. Xie received a bachelor’s degree in business information management from Hangzhou College of Commerce of the Zhejiang Gongshang University in the PRC in 1995.

Board Committee Composition

Director Audit Committee Compensation Committee Nominating and Corporate Governance Committee
Mr. Xinwei Xie (1) (1) (1)(2)
Ms. Fenglei Jiang (1) (1)(2) (1)
Ms. Yu Xiang (1)(2)(3) (1) (1)
(1) Committee member
(2) Committee chair
(3) Audit committee financial expert