BEIJING, June 20, 2019 /PRNewswire/ -- Xinyuan Real Estate
Co., Ltd. ("Xinyuan" or "the Company") (NYSE: XIN), an NYSE-listed
real estate developer operating primarily in China and in other countries, today announced
that the Board of Directors has approved Mr. Lizhou Zhang's resignation as the Company's
Chief Executive Officer and as a member of the Board of Directors
due to personal reasons, effective immediately. Mr. Yong Zhang will serve as both Chairman and Chief
Executive Officer of Xinyuan Real Estate going forward, effective
immediately.
Mr. Yong Zhang is the founder of
Xinyuan Real Estate and has more than 20 years of experience in the
real estate industry. He is also vice chairman of the Henan Real
Estate Association. Mr. Zhang received a Ph.D. in finance from
Renmin University of China in
2014, an executive master's degree in business administration from
Tsinghua University in 2005, and a bachelor's degree in
architecture from Henan Zhongzhou University in 1985.
Mr. Yong Zhang, Chairman of
Xinyuan, commented, "On behalf of the Company, I would like to
thank Mr. Lizhou Zhang for his
contributions to Xinyuan over the past three years. We wish him our
best in his future endeavors."
About Xinyuan Real Estate Co., Ltd.
Xinyuan Real Estate Co., Ltd. ("Xinyuan") is an NYSE-listed real
estate developer primarily in China and recently in other countries. In
China, Xinyuan develops and
manages large scale, high quality real estate projects in over ten
tier-one and tier-two cities, including Beijing, Shanghai, Zhengzhou, Jinan, Xi'an,
and Suzhou. Xinyuan was one of the first Chinese real estate
developers to enter the U.S. market and over the past few years has
been active in real estate development in New York. Xinyuan aims to provide comfortable
and convenient real estate related products and services to
middle-class consumers. For more information, please visit
http://www.xyre.com.
For more information, please contact:
In China:
Xinyuan Real Estate Co., Ltd.
Mr. Charles Wang
Investor Relations Director
Tel: +86 (10) 8588-9376
Email: irteam@xyre.com
In the U.S.:
ICR, LLC
Mr. William Zima
Tel: +1-646-308-1472
Email: William.zima@icrinc.com
Media:
Mr. Edmond Lococo
Tel: +86 (10) 6583-7510
Email: Edmond.Lococo@icrinc.com
View original
content:http://www.prnewswire.com/news-releases/xinyuan-real-estate-co-ltd-announces-management-change-300871941.html
SOURCE Xinyuan Real Estate Co., Ltd.