Hengan International Group Company Limited announced that Mr. Xu Shui Shen, currently an executive Director of the company, the Chief Operating Officer and the Director of Business Development Department of the Group, has been appointed as the Deputy Chief Executive Officer of the Group with effect from 26 March 2013. The position of Deputy CEO is a newly created position for assisting the Chief Executive Officer of the Group in the overall management of the Group. Mr. Xu will continue to assume the offices of Chief Operating Officer and the Director of Business Development Department of the Group as well as an executive Director of the company following his appointment as the Deputy CEO.

Mr. Xu joined the Group in 1985 and has over 28 years of experience in quality control management and business development. Being the Chief Operating Officer and the Director of Business Development Department of the Group, Mr. Xu is responsible for the development and implementation of the Group's sales strategy, operation and business management. Following his appointment as the Deputy CEO, Mr. Xu will assist the Chief Executive Officer of the Group in the strategic planning and overall management of the Group.