Home Inns Group Announces Appointment of New CFO

Home Inns & Hotels Management Inc. has appointed Cathy Xiangrong Li as Chief Financial Officer of the company, effective August 25, 2014.

May Wu, the company's Chief Strategy Officer and interim CFO, will remain as chief strategy officer after Li assumes the CFO position.

Li has more than 20 years of business and finance experience in Hong Kong listed and global Fortune 500 companies in retail and consumer products industries.

As the CFO of Hengdeli Holdings Limited, the largest fine watch retailer and wholesaler in Greater China, from 2010 to recently, Li was responsible for the financial planning and analysis, accounting, tax, treasury, investor relations, and information technologies functions.

She was also actively involved in other corporate activities including strategic and business planning, supply chain optimization, and performance and incentive management.

Prior to joining Hengdeli, Li was the corporate finance director of Unilever Greater China Group from 2007 to 2010.

Li joined Unilever in 1993 as a management trainee and held various accounting, finance, and managerial positions in a number of divisions or subsidiaries in China, the United Kingdom, and Singapore between 1993 and 2010.

Li holds a bachelor's degree in economics jointly awarded by Shanghai University of Finance and Economics and Shanghai International Studies University, with a major in international accounting.

She obtained her master's degree in executive management and business administration (EMBA) from China Europe International Business School. Li is a fellow of the Association of Chartered Certified Accounts (ACCA) and member of the Chinese Institute of Certified Public Accounts.

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