KINGHERO AG strengthens Management Board

(PresseBox) ( München, )
KINGHERO AG, the German holding company of a fast-growing Chinese fashion company, hereby announces that Dr.-Ing. Harald Zender is appointed to the Management Board of KINGHERO by resolution of the Supervisory Board of the company with immediate effect. He will preside as Interim Board Member the accounting and organization divisions.

In addition to his long-standing experience in the areas of private equity and management consulting Dr. Zender has extensive knowledge of the Asian market: In the past he was a member of the Management Board of RHI AG, the worldwide largest manufacturer of refractory products, and in this context responsible for the Chinese market and the ASEAN countries.

"With Dr. Zender the Management Board of KINGHERO is strengthend by an experienced hands-on manager who is familiar with the peculiarities of the Chinese market. He will mainly be responsible for the planning, managing and controlling of the business activities of KINGHERO in Hong Kong and China as well as increasingly for coordinating the capital market interests of the German holding company," says Gerrit Kaufhold, Chairman of the Supervisory Board of KINGHERO.

Disclaimer concerning prognoses

This communication contains forward-looking statements. Forward-looking statements are statements that are not historical facts instead they reflect KINGHEROʼs current views and expectations and the assumptions underlying them about future events. Forward-looking statements are subject to many risks and uncertainties. If any of such risks and uncertainties materialise or if the assumptions underlying any of KINGHEROʼs forward-looking statements are proving to be incorrect, KINGHEROʼs actual results may be materially different from those expressed or implied by such forward-looking statements.

KINGHERO does not intend or assume any obligation to update these forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made.
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