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Qin Quanquan succeeds Jing Zhu as Haima’s chairma

HAIKOLU, Hainan – Qin Quanquan, 53, president of Haima Automobile Group Co., Ltd., was elected the company’s new chairman, succeeding Jing Zhu, effective on August 6, according to a company news release.

Haima also appointed Sun Zhongchun, former company’s vice president, executive president, Lin Shiming vice president and Xiao Dan CFO at the same time.

Jing Zhu officially resigned his post of director of the board and chairman of Haima on July 8. After his resignation, Jing only retains the post as Haima’s secretary of the Party committee.

Jing joined Haima in 1988 and was one of the company’s founders. Jing took the post as Haima’s chairman and secretary of the Party committee in December 2004. Jing indirectly holds 35.16 percent shares of Haima and actually controls the company.

Qin joined Haima in 1988 and was company’s director, assistant to president, vice president, president, etc. He was appointed vice chairman of Haima in December 2006 and the company’s president in April 2011. Qin was named vice chairman of FAW Haima Automobile Co., Ltd. in May 2011. Qin holds the post as chairman and president of Haima and vice chairman of FAW Haima at present.

Sun, 49, joined Haima in 1994 and worked as the company’s director of manufacturing, assistant to president, vice president. He was also sales president of FAW Haima. Sun was appointed Haima’s vice president in 2006, president of Haima Car Co., Ltd in 2007.

According to CBU-Autostats, Haima sold 84,001 vehicles in the first half of the year, with a year-on-year growth of 16.87 percent.

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