Youbisheng Green Paper AG

  • WKN: A1KRLR
  • ISIN: DE000A1KRLR0
  • Land: Deutschland

Nachricht vom 11.11.2013 | 10:40

Youbisheng Green Paper AG appoints new CFO


Youbisheng Green Paper AG  / Key word(s): Change of Personnel

11.11.2013 10:40

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Youbisheng Green Paper AG appoints new CFO Munich, 11 November 2013 - The Supervisory Board of Youbisheng Green Paper AG has appointed David Tsui as the new Chief Financial Officer. He succeeds Clement Hoo, who resigned his position with effect of 01 September 2013 but continued to support the Group as an advisor. David Tsui (53) has long and proven experience in accounting and finance. He was Finance Director at several companies with stock exchange listings abroad. Among others, he has worked for Dragon Sportswear Holdings Ltd. and Asia Ceramics Holdings Plc. His professional career has also included management positions in auditing and consultancy. David Tsui is Australian. He has the qualification as Chartered Accountant in Australia (ACA) and holds a Master of Economics from Macquarie University Sydney.
Information and Explaination of the Issuer to this News: About Youbisheng Green Paper AG Youbisheng Green Paper AG is the German holding company of a Chinese clean-tech leader of eco-friendly produced linerboard from up to 100 per cent recovered fibres. The high-quality linerboard innovations of Youbisheng take up a special position in the Chinese market and are produced in the own production plant near Quanzhou City. They are used in the packaging industry in the Fujian and Guangdong Province (together about 141 million inhabitants), especially for visually attractive sales packaging and carrier bags of high-quality consumer goods. Youbisheng has been operating as a paper producer since 2000. In fiscal year 2012 and with its production plants operating at full capacity, it manufactured almost 150,000 metric tons of linerboard, making it one of the biggest linerboard producers in Fujian and Guangdong Provinces. For further information: Kirchhoff Consult AG Sebastian Bucher Phone: +49 (0)40 60 91 86 18 sebastian.bucher@kirchhoff.de Youbisheng Green Paper AG Gustav-Heinemann-Ring 44 81739 Munich Germany contact@youbisheng-greenpaper.de Disclaimer concerning prognoses This communication contains forward-looking statements Forward-looking statements are statements that are not historical facts instead they reflect the current views and expectations of Youbisheng Green Paper AG and the assumptions underlying them about future events. Forward-looking statements are subject to many risks and uncertainties. If any of such risks and uncertainties materialize or if the assumptions underlying any of the forward-looking statements of Youbisheng Green Paper AG are proving to be incorrect, the actual results of Youbisheng Green Paper AG may be materially different from those expressed or implied by such forward-looking statements. Youbisheng Green Paper AG does not intend or assume any obligation to update these forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made. 11.11.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English Company: Youbisheng Green Paper AG Gustav-Heinemann-Ring 44 81739 München Germany Phone: 089 - 451 63992 Fax: 089 - 451 63993 E-mail: contact@youbisheng-greenpaper.de Internet: www.youbisheng-greenpaper.de ISIN: DE000A1KRLR0 WKN: A1KRLR Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf End of Announcement DGAP News-Service

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