Country Style Cooking Restaurant Chain Announces Change in Directors
CHONGQING, China, July 1, 2013
CHONGQING, China, July 1, 2013 /PRNewswire/-- Country Style Cooking
Restaurant Chain Co., Ltd (NYSE: CCSC) ("Country Style Cooking" or the
"Company"), a fast-growing quick service restaurant chain in China, today
announced the appointment of Mr. Jin (Winston) Li as an independent director
of the Company and a member of the audit committee and the corporate
governance and nominating committee, effective July 1, 2013.
Mr. Jin (Winston) Li will replace Ms. May Wu, who resigned from the board of
directors (the "Board") of the Company for personal reasons, effective July 1,
Ms. Hong Li, Chairman and Chief Executive Officer of Country Style Cooking,
commented, "On behalf of the Board, I want to offer our thanks and
appreciation to May for her valuable service over the past two and half years.
At the same time, we are pleased to have Mr. Li join our Board. His corporate
governance experience and comprehensive skills related to corporate operations
and strategic matters will be a great asset to our Company and its
Mr. Jin Li has extensive experience in corporate finance, governance and
management. Mr. Li has served as a director of Le Gaga Holdings Limited since
2006. From 2004 till 2010, Mr. Li was an independent director of ZTE
Corporation, the largest public telecom equipment manufacturing company in
China. Mr. Li began his career as an attorney in New York and then relocated
to Asia in 1997. Mr. Li received his BA degree from Peking University, MS
degree from the University of Michigan, and JD degree from Columbia Law
About Country Style Cooking Restaurant Chain Co., Ltd.
Country Style Cooking Restaurant Chain Co., Ltd. (NYSE: CCSC) ("Country Style
Cooking") is a fast-growing quick service restaurant chain in China, offering
delicious, everyday Chinese food to customers who desire fast and affordable
quality meals. Country Style Cooking directly operates all of its restaurants
and is the largest quick service restaurant chain in Chongqing municipality,
home to Sichuan cuisine, one of the best-known Chinese regional cuisines.
Additional information about Country Style Cooking can be found at
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are
made under the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates" and similar statements. Among
other things, quotations from management in this announcement as well as
Country Style Cooking's strategic and operational plans, contain
forward-looking statements. The Company may also make written or oral
forward-looking statements in its reports filed with, or furnished to, the
U.S. Securities and Exchange Commission, in its annual reports to
shareholders, in press releases and other written materials and in oral
statements made by its officers, directors or employees to third parties.
Statements that are not historical facts, including statements about the
Company's beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and uncertainties. A number
of factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not limited to the
following: uncertainties regarding our ability to open and profitably operate
new restaurants and manage our growth effectively and efficiently; risks
associated with changing consumer taste and discretionary spending;
uncertainties regarding our ability to maintain and enhance the attractiveness
of our restaurants and our brand and image; risks related to instances of
food-borne illnesses, health epidemics and other outbreaks; uncertainties
regarding our ability to respond to competitive pressures; and uncertainties
associated with factors typically affecting the consumer food services
industry in general. Further information regarding these and other risks is
included in the Company's reports filed with, or furnished to the Securities
and Exchange Commission. Country Style Cooking does not undertake any
obligation to update any forward-looking statement, except as required under
applicable law. All information provided in this press release is as of the
date of this press release, and Country Style Cooking undertakes no duty to
update such information, except as required under applicable law.
SOURCE Country Style Cooking Restaurant Chain Co., Ltd.
Contact: Country Style Cooking Restaurant Chain Co., Ltd., Adam Zhao, Chief
Financial Officer, +86-23-8866-8866, email@example.com; or ICR Inc., Bill Zima,
+86-10-6583-7511, +1-646-328-2520, firstname.lastname@example.org
Press spacebar to pause and continue. Press esc to stop.