Xinyuan Real Estate Co., Ltd. Announces CFO Resignation
-- Ms. Helen Zhang Named Interim CFO --
BEIJING, Nov. 14, 2013
BEIJING, Nov. 14, 2013 /PRNewswire/ -- Xinyuan Real Estate Co., Ltd.
("Xinyuan" or the "Company") (NYSE: XIN) today announced that Kevin Wei has
advised the Company that, effective November 15, 2013, he is stepping down as
Chief Financial Officer due to personal reasons relating to the roles and
responsibility of his position. Mr. Wei will stay as an advisor to the Company
through April 2014 and continue to contribute his expertise to the Company's
Ms. Helen Zhang, the Company's Financial Controller, has been appointed as
Interim Chief Financial Officer. Ms. Zhang has been working for the Company
for nearly 5 years. She has more than a decade of experience in accounting,
finance and investor relations having worked for companies with public
listings in mainland China, Hong Kong and the United States. Her career
encompasses working at China National Metals & Minerals Import & Export Corp.;
China Netcom Group Company Ltd.; TechFaith Wireless Technology Ltd.; Baidu,
Inc and Sohu.com Inc. Ms. Zhang received her Bachelor in Economics from the
University of International Business and Economics in Beijing, China and her
MBA at Fordham University in 2001.
About Xinyuan Real Estate Co., Ltd.
Xinyuan Real Estate Co., Ltd. ("Xinyuan") (NYSE: XIN) is a developer of large
scale, high quality residential real estate projects aimed at providing
middle-income consumers with a comfortable and convenient community lifestyle.
In China, Xinyuan primarily focuses its development projects in Tier II
cities, Zhengzhou, Ji'nan, Suzhou, Kunshan, Xuzhou, Chengdu and Hefei. The
Company's U.S. development arm, XIN Development Group International, Inc., is
a pioneer amongst Chinese real estate residential developers, entering the US
market in 2012. Xinyuan is the first real estate developer from China to be
listed on the New York Stock Exchange. For more information, please visit
For more information, please contact:
Ms. Helen Zhang
Tel: +86 (10) 8588-9255
In U.S.: +1-646-308-1472
In China: +86 (10) 6583-7511
SOURCE Xinyuan Real Estate Co., Ltd.
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