China Nepstar Chain Drugstore Ltd. announces the resignation of its CFO, William Weili Dai, effective November 30, 2010.
Zixin Shao, vice president and financial controller of the company, has been appointed by the Board of Directors as Chief Financial Officer. Zixin Shao joined the Company in 2003. Prior to that, he worked as a director, vice general manager and chief financial officer in China Resources Supermarket (Suzhou) Co., Ltd. from 1999 to 2001. From 1992 to 2002, he also held financial management position at China Resources Supermarket (HK) Co., Ltd.
Shao received a bachelor's degree in accounting from the University of International Business and Economics in China in 1992. Shao is a PRC certified accountant.