Home / Knowledge / News / Textiles / China Linen Textile establishes the Board Committees
China Linen Textile establishes the Board Committees
25
Apr '11
China Linen Textile Industry Ltd, a China-based company engaged in the production and sale of linen yarn and various types of linen fabric, announced Mr. Xu Jianzhong and Mr. Xu Jixiang have joined China Linen's Board of Directors, effective April 20, 2011 and Mr. Teng Yunhai has resigned as director of the Board of the Company.

"It is our pleasure to have Mr. Xu Jianzhong and Mr. Xu Jixiang join China Linen's Board of Directors. They bring firsthand experience in the textile industry to our board," said Mr. Gao Ren, Chairman and CEO of China Linen. "We look forward to them helping us improve our corporate oversight and governance policies, increasing our transparency to the investment community. The appointment also brings China Linen a step closer to meeting the requirements for being listed on a major US stock exchange."

Along with the appointment of the new directors, the Board established the Audit Committee, the Compensation Committee and the Nominating Committee of the Company. Upon establishment of the three committees, the Board appointed Mr. Stephen Monticelli as chairman of the Audit Committee and member of the Nominating Committee and the Compensation Committee. The Board appointed Mr. Xu Jianzhong as chairman of the Compensation Committee and member of the Nominating Committee and the Audit Committee. The Board also appointed Mr. Xu Jixiang as chairman of the Nominating Committee and member of the Audit Committee and the Compensation Committee.

Mr. Xu Jianzhong, 51, is a professor and PhD supervisor at Harbin Engineering University, School of Economics and Management since March 2005. He also served as vice president of School of Economics and Management from March 2005 to March 2006. He has participated in over 20 national or provincial research projects and his studies and researches focus on development and competitiveness of enterprises. Currently he also serves as an expert on Heilongjiang Province Science and Technology Advisory Committee, executive director and secretary general of Heilongjiang Academy of Management and vice president of Heilongjiang Academy of Business Administration. Mr. Xu Jianzhong received his Bachelor of Science, Master of Economics and PhD in Management from Harbin Engineering University in 1982, 1992 and 2003, respectively.

Mr. Xu Jixiang, 56, has over 30 years' experience in the textile industry. He has served as president of China Linen Textile Industry Association since December 2009. From December 2008 to December 2009, he was the director of the Industry Department of China Textile Industry Association. From January 2006 to December 2008, he was the chairman of China Textile Technology Development Co., Ltd. Mr. Xu Jixiang received his Bachelor of Science in cotton textile from Donghua University (formerly, China Textile University) in 1978.

There is no family relationship between the new directors and any of our other officers and directors.

China Linen Textile Industry Ltd


Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search