Highway Holdings Limited announced that its board of directors has appointed two new directors, Heiko Sonnekalb and Dirk Hermann, to fill existing vacancies -- complementing the company’s ongoing rejuvenation to support near-and long-term growth. The company’s new director Mr. Heiko Sonnekalb, 49, has extensive industrial manufacturing experience and currently serves as chief executive officer for three German companies, which offer a variety of products and services: Dr. Arnold Schaefer GmbH, a German holding company; Lakal GmbH, a manufacturer of shutter blinds; Bartz Werke GmbH, a German casting foundry and heat and pipe technology company. In addition, he serves as a director of Germany-based Herweck AG and Stadtwerke Voelklingen Vertrieb GmbH. Mr. Sonnekalb also is as a member of both the IHK Saarland Industrial Research and Foreign Trade Committee and the DIHK Berlin Industrial Research and Foreign Trade Committee. He also serves as an honorary judge for the labor court in Saarbruecken, Germany. The company’s other new director. Dr. Dirk Hermann, Ph.D., 56, has extensive experience in the insurance and financial services industries. He currently serves as chief executive officer of Saarland Feuerversicherung AG and Saarland Lebensversicherung AG, two German insurance companies. He joined Bayerische Versicherungskammer in 2012, parent company of Saarland Insurance Group. Previously he held a variety of positions with Allianz Versicherungen AG, including a tenure as a member of the management board. Hermann also serves on the board of two German banks, Landesbank Saar and Sparkassenverband, and on the board of the Consul Investment company. He previously served on the company’s board from 2003-2010, resigning his board position to allow more independent directors to be appointed. He is the brother in-law of the chief executive officer.
Highway Holdings Limited is a holding company. The Company manufactures and supplies various metal, plastic and electric parts, components and products to its original equipment manufacturing (OEM) clients, which are used by the Company's customers in the manufacturing of products, such as photocopiers, laser printers, compact disc players, laser disc players, computer equipment, electrical components, electrical connectors, vacuum cleaners, light fixtures, electro motors, pumps, automobiles and dishwasher, and other washing machine components. The Company operates in two segments: the metal stamping and mechanical OEM segment, and the electric OEM segment. The metal stamping and mechanical OEM segment focuses on the manufacture and sale of metal parts and components, whereas the electric OEM segment focuses on the manufacture and sale of plastic and electronic parts, components and machines.
HIGHWAY HOLDINGS LIMITED 
