Business Intelligence on Retailing, Franchising, and Consumerism in China

CFO Of Little Sheep Resigns

Chinese hotpot restaurant chain Little Sheep has announced that Wang Daizong, chief financial officer of Little Sheep, has resigned.

Wang previously worked for 3i Asia Pacific plc., which started investments in Little Sheep in 2006. After that, he joined Little Sheep in October 2007.

At the same time, Wang Jianhai, senior vice president of Little Sheep, will take the role of Wang Daizong to be in charge of the financial management of the company. Prior to joining Little Sheep, Wang Jianhai worked as financial manager of Mengniu Tai'an Company.

Though the personnel changes may temporarily bring pressure to Little Sheep's share price, they will not affect the operation the company, said the securities industry. Wang Daizhong's departure was effective from September 30, 2010.

Be the first to comment on "CFO Of Little Sheep Resigns"

Leave a comment

Your email address will not be published.


  Other China News


Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco