Jing Lu
About Jing Lu
Dr. Jing Lu is Chief Financial Officer (Principal Financial and Accounting Officer) of Bowen Acquisition Corp (BOWN). She is 60 years old, a U.S. citizen residing in New York, and has more than 20 years in financial services, including roles in PE/VC advisory, banking regulation, and capital markets . She has certified the company’s 10-K and 10-Q under Sarbanes-Oxley Sections 302 and 906, evidencing oversight of controls and financial reporting quality . Education: Ph.D. and M.A. in Economics (Western University, Canada), Graduate Certificate in Economics (People’s University of China), B.A. in World Economy (Fudan University) .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Federal Reserve Bank of New York | Bank regulator/supervisor (Basel Capital Accords implementation) | 1998–2001 | Strengthened bank capital frameworks and examined Basel implementation at banks |
| CIBC World Markets | Executive Director (corporate securities) | 2001 | Capital markets and securities execution |
| ACE AV Consulting Inc. | President | 2005–2017 | Led advisory firm; long-term operator experience |
| China Bridge Capital International Inc. | Managing Director; later Chief Operating Officer | 2017–2019; Mar 2021–Jan 2022 | PE/VC advisory focused on innovative technologies; operational leadership |
| New Hope Fertility Center | Chief Investment Officer | 2019–2021 | Sourcing/managing PE investments, bank loans, and PPP loans |
| Keyarch Acquisition Corporation | Chief Financial Officer | Since Mar 2021 | SPAC CFO experience similar to BOWN |
| York University (Canada) | Professor of Economics | ~4 years prior to 1998 | Academic expertise in macroeconomics, institutional econ, econometrics |
External Roles
| Organization/Board | Role | Years | Notes |
|---|---|---|---|
| Keyarch Acquisition Corporation | CFO | Since Mar 2021 | External SPAC CFO role; no director positions disclosed |
| Public company boards | — | — | No current director roles disclosed for Dr. Lu |
Fixed Compensation
| Metric | FY 2024 | Notes |
|---|---|---|
| Base salary | $0 | “No executive officer has received any cash compensation” |
| Target bonus % | Not disclosed | No executive cash compensation pre-business combination |
| Actual bonus paid | $0 | No cash compensation paid |
| Office/Services Arrangements (company-level) | $10,000/month office fee; $5,250/quarter consulting fee | Paid to Bowen Holding LP and TenX Global Capital; not intended as officer compensation |
Performance Compensation
- No equity awards (options, RSUs/PSUs) granted to executive officers prior to the initial business combination; shareholders approved an incentive equity plan in January 2025, with grants to be made after consummation of the Transactions (specific metrics/weightings not disclosed in public filings) .
- No disclosed performance metric framework (e.g., revenue growth, EBITDA, TSR) tied to executive pay prior to business combination .
Equity Ownership & Alignment
| Holder | Oct 22, 2024 | Jun 11, 2025 | Nov 12, 2025 | Notes |
|---|---|---|---|---|
| Jing Lu | * (less than 1%) | * (less than 1%) | * (less than 1%) | No direct material ownership disclosed; asterisk denotes <1% |
| Officers & Directors (as group) | 16.3% (via Createcharm Holdings Ltd) | 0 shares; 0% | 0 shares; 0% | Group figures reflect direct beneficial ownership table entries |
| Createcharm Holdings Ltd (controlled by Na Gai) | 1,497,532 (16.3%) | 1,497,532 (48.1%) | 1,497,532 (48.1%) | Control concentrated in Createcharm; Na Gai sole director/shareholder |
| Bowen Holding LP | 569,250 (6.2%) | 569,250 (18.3%) | 569,250 (18.3%) | Managed by Bowen Management LLC; manager exercises voting/dispositive power |
- Footnotes indicate Jing Lu holds a partnership interest in Bowen Holding LP but does not exercise voting or dispositive power over those shares (beneficial ownership attribution not included) .
- No pledging or hedging disclosures identified for Jing Lu; ownership guidelines and compliance status not disclosed in filings .
Employment Terms
| Term | Disclosure |
|---|---|
| Employment start date at BOWN | Not disclosed |
| Contract term/expiration; auto-renewal | Not disclosed |
| Severance; change-of-control (single/double trigger); multiples; accelerated vesting | Not disclosed; filings state no executive compensation prior to business combination and refer readers to Definitive Proxy Statement/Prospectus for post-transaction compensation |
| Clawbacks; tax gross-ups | Not disclosed in BOWN filings reviewed |
| Stock ownership guidelines | Not disclosed |
| Non-compete, non-solicit, garden leave | Not disclosed |
| Post-termination consulting | Not disclosed |
Board Governance and Compensation Committee
- Jing Lu serves as CFO and is not listed as a director in BOWN’s current officer/director roster when no transaction is consummated; current roster includes CEO Jiangang Luo and independent directors Lawrence Leighton, Wei Li, and June/Jun Zhang .
- Compensation Committee: Members are Lawrence Leighton (Chair), Wei Li, and Jun Zhang; all meet Nasdaq independence standards. The committee reviews CEO compensation, other officer compensation, implements/administers equity plans, and may retain independent advisors per charter .
Related Party Transactions and Potential Conflicts
- Office/services fees: $10,000/month to Bowen Holding LP for office space/secretarial services starting July 11, 2023; $5,250/quarter to TenX Global Capital (member of Bowen Holding LP) for consulting/accounting support. These are for company benefit, not intended as officer compensation .
- Sponsor/insider interests in extension/business combination outcomes disclosed (e.g., founder shares/private shares value risk if no combination), indicating alignment incentives toward transaction completion; additional interests may be described in transaction proxy materials .
Performance & Track Record
- As CFO, Dr. Lu signed SOX 302 and 906 certifications for FY 2024 10-K and 2025 10-Q filings, signaling responsibility for disclosure controls and internal control over financial reporting .
- Company-level TSR, revenue, and EBITDA performance metrics tied to her compensation are not disclosed in current filings; executives have not received cash compensation pre-business combination .
Investment Implications
- Pay-for-performance alignment is limited pre-business combination: no cash compensation to executives and no equity awards granted, with minimal direct ownership by Jing Lu (<1%), reducing traditional incentive alignment until post-transaction plans take effect .
- Governance structures are in place: independent Compensation Committee and insider trading policy; CFO certifications suggest robust control focus, which can mitigate execution risk during the de-SPAC process .
- Future incentives likely to be equity-based post-combination: shareholders approved an incentive equity plan in January 2025, and detailed executive compensation will be set in the Definitive Proxy/Prospectus for the combined company, making award design and metric selection a key monitoring item for trading signals and retention .