Rongsheng Group COO Steps Down

The board of directors (BoD) of Rongsheng Heavy Industries announced that Mr. Luan Xiao Ming has resigned as an executive director and the chief operating officer of the company with effect from 31 December 2013.

The BoD also announced that Ms. Zhu Wen Hua has been appointed as an executive director of the company with effect from 31 December 2013.

Ms. Zhu, aged 45, served as an assistant supervisor of the supervisory audit department and a supervisor of the bidding control department of Jiangsu Rongsheng Heavy Industries Co., Ltd., a subsidiary of the company, since 2009 and January 2012 respectively.

She also has served as an assistant to the president of Jiangsu Rongsheng Heavy Industries since October 2013. Ms. Zhu graduated from the Graduate School of the Shanghai University in May 2010 studying a professional postgraduate course in Management Science & Engineering.

[mappress]

Press Release, January 2, 2014