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Lining Held A News Conference &Nbsp, Responding To The Resignation Of Senior Executives.

2011/5/27 10:22:00 75

Lining Brand Stock Market

On May 27th, shares fell 9%.

Lining

Yesterday, the company issued an urgent announcement to respond to the rumor of the resignation of senior executives. It said that the resignation of three executives from the company's chief operating officer and chief market officer was based on personal development needs. They resigned in the past two months, and have already been taken over by the internal staff without affecting the operation of the company.


The personnel changes were considered by the industry as the most serious since the Li Ning Co was founded.

Last year, Lining

brand

After reshaping, the performance has been poor.


Yesterday, Li Ning Co spokesman Zhang Xiaoyan said: "the departure of these three executives has something to do with the pressure of work after the adjustment of the company's business structure, but it is mainly their own arrangements for work and personal life."


After the announcement, Lining

Price of stock

It has been down two trading days, falling by more than 9%. Yesterday, the stock closed at HK $13.80, down 0.72%.

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