Changes in senior personnel of TCL Group

May 17 Afternoon, TCL Group (000100) issued a notice, for personal reasons, Mr. Wang Kangping has recently submitted a written resignation to the company's board of directors, resigned from his position as senior vice president of the company.　　The resignation is effective today. Prior to May 4, TCL Group has announced that, as a result of business development needs Wang Kangping from April 30 will no longer as the subsidiary of TCL Home Appliances Group's directors, CEO positions, group of other appointments.　　The position was replaced by Zhao, senior vice president and director of TCL Group. TCL Group 2009 Annual report showed that the household electrical appliances industry income of 3.12 billion yuan, a decrease of 12.27%, is in addition to the mobile communications industry, the income reduction of the second business sector, and the reduction is much larger than the mobile communications industry. At the same time, the home appliance industry last year's gross margin fell 0.39% to 19.43%.　　In addition, household appliance industry income accounted for TCL group total income proportion, from 2008 9.52% decline to last year 7%. Born in 1969, Wang Kangping in March 2000 as vice president of Kelon Electric Co., Ltd., in 2002 to join TCL responsible for air conditioning and ice washing and other white power affairs, February 2006 promoted to TCL Group Vice President, March 9, 2009, Wang Kangping was promoted to TCL Group Senior Vice President, Also promoted to Vice president are Li Yimin and Hanqing.　　The trio were shared as young in the TCL management team. However, the current development speed and status of TCL household electrical appliances industry can not meet the group's requirements for home appliance plate.　　The company's current approach to home appliance industry in 2010 is "speed development". In the first quarter of this year, TCL air-conditioning, refrigerators, washing machine sales were 473,800 units, 139,500 units and 118,300 units. Year-on-year increases were 91.72%, 13.26% and 49.85%.　　That growth was due to a lower base last quarter. In the past two years the industry for white electricity industry integration has gradually increased, the enterprises in the area of the layout of a very small sense of urgency.　　March 2, in Huizhou held the Global Manager Conference, TCL Group chairman Li has said that the home appliance industry to enter the domestic integrated household Appliances Enterprise group in the top five, become an important pillar of the group. In addition, TCL also announced a personnel adjustment: TCL Multimedia China Business Center General manager Hanqing will go abroad to study further studies. During its training, retain Hanqing TCL Group Vice President and TCL Multimedia Senior Vice President position, TCL Multimedia China Business Center General manager of the duties of TCL Multimedia CEO Yu Guanghui concurrently.