Greater China

Sainty Marine elects new president

Shanghai: Sainty Marine announced that the board has elected Wang Shuhua as the new president of the company.

Former president of the company, Wang Junmin has stepped down as a director under an arrangement with Sainty Marine’s controlling shareholder Jiangsu Guoxin Investment Group.

Sainty Marine reported a net profit of RMB41.9m for the first half of this year, a year-on-year drop of 42.43%. [04/09/14]



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