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New Independent Director for China Xiniya Fashion
Dec '11
China Xiniya Fashion Limited, a leading provider of men's business casual apparel in China, is pleased to announce the appointment of a new independent director, Mr. Alvin Ang. Mr. Ang, age 40, has been the Chief Financial Officer of Cathay Pigments Holdings Limited, a multinational company that specializes in iron oxide pigments in the color chemical industry, since August 2007.

Mr. Ang has approximately 14 years of experience in the accounting profession. He joined PricewaterhouseCoopers Singapore in December 1996. After the implementation of the Sarbanes-Oxley Act in 2002, he led teams from PricewaterhouseCoopers on Sarbanes-Oxley attestation assignments for significant subsidiaries of U.S.-listed companies.

He joined Stone Forest Consulting Singapore as an Associate Director in January 2006 to start up its Sarbanes-Oxley Business Unit. Mr. Ang received his accountancy qualification from the Chartered Association of Certified Accountants in Singapore in 1996. Mr. Ang's appointment became effective on December 22, 2011.

He will also be replacing our current independent director, Ms. Kim Ng, as audit committee chairperson. Ms. Ng will be resigning for personal reasons from the Company's board with effect from January 1, 2012. Xiniya would like to thank Ms. Ng for her many contributions during her tenure and wish her all the best in her future endeavors.

Xiniya is a leading provider of men's business casual apparel in China. The Company designs and manufactures men's business casual and business formal apparel and accessories, which are marketed under the Xiniya brand, and sells through its distribution network that includes 28 distributors and 24 department store chains.

China Xiniya Fashion Limited

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