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China. CR Breweries board appointed a new Executive Director and CFO

LiMr. Li Ruxiong resigned from the position of Executive Director, Chief Financial Officer and the company’s secretary. He will be replaced by Li Boasheng, who joined CR Brewery team in September 2008, at the age of 49.

According to the decision of China Resources Breweries (Holdings) Limited board starting from June 2016, Li Boasheng will take up the office of Executive Director, Chief Financial Officer and the company’s secretary. From then onward, Li Ruxiong is non-executive director.

Li Ruxiong was appointed the Executive Director and CFO in June 2009, at the age of 54. In August that year, he also became the company’s secretary. Previously, Ruxiong occupied the position of CFO at Eagle Brand Holdings, Inc., as well as Executive Director and CEO at China Resources Gas Group Limited. The former executive director of CR Breweries has a Bachelor’s diploma of Commerce from Western Australia’s Commerce University and Business Administration diploma from Western Australia's Curtin University of Technology. He is also a member at Hong Kong Accountants’ community and Australian CPA

1 Jun. 2016

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