Jumei International Holding Limited announced that Mr. Bob Xiaoping Xu has been appointed as a new independent director, effective August 18, 2014. Mr. Xu will also serve as a member of the audit committee of the Board of Directors. Mr. Xu is the founder of ZhenFund, an angel investment fund focused on seed investments in the TMT sector such as e-commerce, mobile, gaming, O2O, as well as in education.

Prior to founding ZhenFund, Mr. Xu co-founded New Oriental Education & Technology Group.