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Chairman of the Board of the resignation of Mr Niu mengniu, Chairman of COFCO took over

report from (reporter Li Ching) recently, mengniu dairy in HKEx announcement said its founder Mr Niu resigned the post of Chairman of the Board, also appointed Ning gaoning, Chairman of COFCO group as the new Chairman of the Board.

Mr Niu will mainly put into charity work in the future, but keep the mengniu dairy post of non-executive directors.

mengniu dairy announcement, Mr Niu Plan intends to transfer most of the time to charitable work, achieve the aspiration of the years, so the Chairman has resigned, effective since 10th of this month. He remains non-executive directors, and continues to participate in strategic planning of the group.

in addition, mengniu also announced the appointment of the present Board of Directors of the Board, Vice Chairman of Ning gaoning, Chairman of COFCO group as non-Executive Director, President, Executive Director Yang Wenjun was re-election of re-election, Yu xubo, was appointed non-executive directors as Vice Chairman of the Board.

2009 in July, the group formed a new company together with the Hopu investment (COFCO group holding 70%) into the mengniu, as the mengniu's largest shareholder. After master mengniu, COFCO in mengniu dairy quota of 3 per cent of non-Executive Director of the Board, at the same time the post of Vice President Ning gaoning.

public information displays, 1999 Mr Niu created mengniu, in 2004, founded the "horse Foundation", engaged in social charity activities.

2005 in January, Niu gensheng, donated in mengniu's shares. In February 2006, resigned from the President of mengniu group positions, major energy transferred to the charity in August 2009; resigned from mengniu Group Chairman duties, becoming full-time philanthropist.

original address: http://finance.qq.com/a/20110612/000214.htm