China Specialty Glass AG (CSG) hereby announces that the CFO Michael Lee has resigned from his offices due to personal reasons. The supervisory board accepts his withdrawal, which comes into immediate effect. Mr. Lee has been with CSG since November 2010. The company’s management board respects Michael Lee’s decision and hereby wants to thank him for his outstanding work and unfailing commitment to the company.
The supervisory board of CSG has appointed Ms. Jing He as a successor who will assume her new role effective 1 March 2013. Ms. Jing He draws upon many years of experience in several executive positions in finance. Amongst others, she was previously Senior Tax Accountant at Ernst & Young. Her appointment will be until April 30, 2015.
About China Specialty Glass AG
China Specialty Glass AG is the German holding company of China Specialty Glass Group. The group develops, produces and sells specialty glass. The company’s major products sold under its “Hing Wah” brand are security glass, which includes bulletproof glass, intruder resistant glass, bomb blast resistant glass and self-defence glass as well as construction glass, which includes architecture laminated glass, architecture tempered glass, fire resistant glass, hollow glass and electric-controlled colour-changing glass. For security glass products in the Chinese banking and automotive industry, the Group is one of the market leaders both in terms of production output and market share.
The shares of China Specialty Glass AG are listed in the Prime Standard of Frankfurt Stock Exchange (ISIN DE000A1EL8Y8 / WKN A1EL8Y / Ticker 8GS).