BEIJING, Nov. 20, 2019 /PRNewswire/ -- Xinyuan Real
Estate Co., Ltd. ("Xinyuan" or "the Company") (NYSE: XIN),
an NYSE-listed real estate developer and property manager
primarily in China and in other countries, today
announced changes to its Board of Directors of the Company (the
"Board").
The Board welcomes the appointment of Dr. Shangrong Li as
director. Dr. Li will serve as a member of the Investments
Committee. Mr. Wells Tian will resign as director of the
Board, and from his roles on the Nominating and Corporate
Governance Committee and the Compensation Committee, to pursue
other opportunities.
Dr. Shangrong Li is currently the president of Xinyuan
(China) Real Estate Co., Ltd., in
charge of the company's overall operation and management. He was
the vice president of JD Digits, the digital technology business
unit under JD.com, one of the China's largest online retailer. Dr. Li
previously held various senior positions at China Construction Bank
(CCB), including president of Henan branch and Gansu branch, general manager of production
innovation department, and roles in management at CCB
headquarters.
Mr. Yong Zhang, Xinyuan's Chairman, commented, "On behalf
of the board, I welcome Dr. Shangrong
Li to our Board. We believe Dr. Li's extensive experience of
management in finance and technology will lead us pursuit of our
strategic, long-term growth goals. Meanwhile, we would like to
thank Mr. Tian for his services to Xinyuan. His expertise and
counsel have contributed to our success, and we wish him the best
in his future endeavors."
About Xinyuan Real Estate Co., Ltd.
Xinyuan Real Estate Co., Ltd. ("Xinyuan") is an NYSE-listed real
estate developer and property manager primarily in China and in other countries. In China, Xinyuan develops and manages large
scale, high quality real estate projects in over ten tier one and
tier two cities, including Beijing, Shanghai, Zhengzhou, Jinan, Xi'an,
Suzhou, among others. Xinyuan was one of the first Chinese real
estate developers to enter the U.S. market and over the past few
years has been active in real estate development in New York. Xinyuan aims to provide comfortable
and convenient real estate related products and services to
middle-class consumers. For more information, please visit
http://www.xyre.com.
For more information, please contact:
In China:
Xinyuan Real Estate Co., Ltd.
Mr. Charles Wang
Investor Relations Director
Tel: +86 (10) 8588-9376
Email: irteam@xyre.com
ICR, LLC
Mr. William Zima
In U.S.: +1-646-308-1472
In China: +86 (10) 6583-7511
Email: William.zima@icrinc.com
Media:
Mr. Edmond Lococo
In China: +86 (10) 6583-7510
Email: Edmond.Lococo@icrinc.com
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SOURCE Xinyuan Real Estate Co., Ltd.