Acquisition
Corp
About Us
NASDAQ:
PECE
Peace Acquisition Corp is a Cayman Islands exempted company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in any industry that can benefit from the expertise and capabilities of our management team. While our efforts in identifying prospective target businesses will not be limited to a particular geographic region, we intend to focus our search on businesses throughout Asia. However, we will not undertake our initial business combination with any entity based in or with its principal business operations in Mainland China, Hong Kong or Macau.
Investment Highlights
Leadership of Experienced Management Team and Board of Directors. Team consists of experienced financial services, accounting and senior operating executives of companies operating in multiple sectors, which is expected to enable Peace to bring value-added benefits to future target company.
Established Deal Sourcing Network. Management’s network and cross-border track records are expected to provide access to high quality target companies and possibly complementary follow-on business arrangements.
Status as a Publicly Listed Acquisition Company. Status as a publicly listed acquisition company and the deal structure provides an alternative to the traditional IPO process and is expected to make Peace an attractive business combination partner to potential target businesses.
Acquisition Criteria
Strong Management Team that Can Create Significant Value for Target Business. We will seek to identify companies with strong and experienced management teams that will complement the operating and investment abilities of our management team. We believe that the operating expertise of our management team is well suited to complement many potential targets’ management teams.
Revenue and Earnings Growth Potential. We will seek to acquire one or more businesses that have the potential for significant revenue and earnings growth through a combination of both existing and new product development, increased production capacity, expense reduction and synergistic follow-on acquisitions resulting in increased operating leverage.
Potential for Strong Free Cash Flow Generation. We will seek to acquire one or more businesses that have the potential to generate strong, stable, and increasing free cash flow, particularly businesses with predictable revenue streams and definable low working capital and capital expenditure requirements. We may also seek to prudently leverage this cash flow in order to enhance shareholder value.
Benefit from Being a Public Company. We intend to acquire a business or businesses that will benefit from being publicly traded and which can effectively utilize access to broader sources of capital and a public profile that are associated with being a publicly traded company.
Management Team
Fangping Zheng
Chairman & CEO
Fangping Zheng, our Chairman and Chief Executive Officer, has extensive experience in investment management. He has been serving as the general manager of Guoxing Capital Limited, a company that specializes in investment and asset management, since January 2014.
Cathy Jiang
CFO
Fangping Zheng, our Chairman and Chief Executive Officer, has extensive experience in investment management. He has been serving as the general manager of Guoxing Capital Limited, a company that specializes in investment and asset management, since January 2014.
Board of Director
Joel Mayersohn
Independent Director
Joel Mayersohn, one of our independent directors, has been a member at Dickinson Wright PLLC, a law firm where he specializes in corporate, securities and business law, advising a diversified client base in private placements, public offerings, mergers and acquisitions, financing transactions and general securities law matters, since June 2017. He also has experience in venture capital, bridge loans and pipe financings.
Jiangang Luo
Independent Director
Jiangang Luo, one of our independent directors, has been the manager of Cleantech Global Limited, an investment consulting firm, since 2014, and the president of Prime Science & Technology, Inc., a computer/software consulting and IT outsourcing company, since 2006. Most recently, he has served as Chief Executive Officer of Bowen Acquisition Corp, a special purpose acquisition company, since July 2023. Since November 2021, he has also been the president of PNE Limited Partner LLC and Luo & Long General Partner LLC, which are special purpose vehicles that were established for the sole purpose of investing in Princeton NuEnergy, a US based cleantech company. From 2011 to 2016, he served as managing partner of Faith Asset Management LLC, a global investment firm focused on the clean energy sector. From 2000 to 2006, he worked for Oracle as a Principal Consultant. Before 2000, he worked as a senior information system professional in various Fortune 500 companies including China Resources Group and Liz Claiborne. Mr. Luo also served as an executive for many non-profit organizations such as Chairman of the Tsinghua Alumni Association in New York and President of New Jersey Chinese Computer Professionals Society. Mr. Luo is a member of Tsinghua Entrepreneur & Elite Club.
Sanxin Yan
Independent Director
Sanxin Yan, one of our independent directors, has over 25 years of leadership experience in multinational corporations. Since May 2024, he has served as the Chairman of Board of Directors of Hong Kong Joyful Bird International Capital Corporation Limited, an investment company, where he is responsible for human resources and fundraising. Since October 2023, he has also been Chairman of Board of Directors of US Starlines LLC, a textile company, where he oversees human resources and marketing in the US. He has also served as Chief Executive Officer of Gold Mountain Winery, Inc., a vineyard and winemaking company, since December 2011, where he is responsible for human resources and marketing in China, and as Chief Executive Officer of Hong Kong Starlines Corporation Limited, a garment company, since October 2001, where he oversees human resources and sales and marketing for clients such as Gap, Old Navy, and Reyn Spooner.