Qingdao Haier senior management changes

November 12, the Haier senior management changes. Zhou Yunjie will serve as Executive Director and Li Huagang as COO.

Haier announcement said Cao Chunhua due to changes in the workings of the Haier Group, has resigned from the executive director. The change has came into effect since November 12, 2009.

Zhou Yunjie, the general manager of Haier Electronics Group was appointed as Executive Director. 42-year-old Zhou Yunjie graduated from the Huazhong University of Science and Technology. Zhou Yunjie joined in Haier Group in 1988.

59-year-old Wu Kesong was transferred to Non-Executive Director, will responsible for Haier Group’s global business development.

43-year-old Liang Haishan was transferred to Non-Executive Director, will responsible for identifying market opportunities and develop the company’s business strategy of white goods.

About Qingdao Haier

Qingdao Haier Co., Ltd. is a China-based company primarily engaged in manufacture and sale of household electric appliances. The Company’s main products include refrigerators, freezers, air conditioners, dishwashers, microwave ovens, gas stoves, washing machines and other household electric appliances, among others. The Company provides its products under the brand named Haier. It distributes its products in domestic and overseas markets.

Previously, Qingdao Haier earned CNY 300.690 million net profit in Q3 2009, with a 48.88% surge year on year.