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Re-Designation of Prof. Helmar Franz

Re-Designation of Prof. Helmar Franz
After completing 10 years of service to Haitian International, initially as Vice President, and subsequently as Executive Director and Chief Strategy Officer, on August 31st 2015, Prof. h.c.mult. Helmar Franz retired from these positions. Reaching the retirement age in January 2015, he will continue to serve as a Board Member of Haitian International in the capacity of a non-executive Director and serve as a strategic consultant to the companies of the Haitian group. His focus will continue to be on Haitian's growth in China and the worldwide markets.

The responsibilities for the strategic proposals for the further development of Haitian International in future will be accomplished by Mr. Zhang Jianming, Executive Director and CEO of Haitian International. The other operational responsibilities previously under Prof. Franz's direction in research and development, export markets and marketing will be assumed by the respective top management members.

The board of Haitian International thanks Prof. Franz for 10 years of engaged and devoted work in developing and implementing strategies that helped Haitian International become a sustainable worldwide market leader. Haitian International is looking forward to continuing a long lasting, successful cooperation with Professor Franz in the future.