Du Xing has tendered his resignation as the Chief Financial Officer of Sany Heavy Equipment International Holdings Company Limited, with effect from 25 September 2014. Succeeding Xing is Yuan Jianfeng.
Yuan, 42, was appointed as the CFO of the Company on 25 September 2014. Yuan has over 10 years of experience in the machinery industry. From February 2012 to August 2014, Yuan acted as the chief financial officer of Hunan Sany Lumian Machinery Co., Ltd.
From March 2009 to February 2012, Yuan acted as the CFO of Beijing Sany Heavy Machinery Co., Ltd. From January 2007 to March 2009, Mr. Yuan acted as the CFO of Sany Lumian Machinery.
During the period from November 2001 to March 2009, Yuan was the section head and a general accountant of Sany Heavy Industry Co., Ltd. Prior to that, during the period from May 2000 to November 2001, he was the head of sales accounting and a general accountant of Hunan Province Pingan Qinghua Trading Co., Ltd.
From October 1999 to May 2000, he was an accountant of Hunan Province Hualing Paper Co., Ltd.; and from June 1998 to September 1999, he was a sales accountant of Hunan ZhengYuanDongli Parts Co., Ltd.