Tour announces CFO He Jie to company resignation

Beijing time February 10 afternoon news, swimming (nasdaq:cyou) announced today that the CFO He Jie to the company to resign, will leave on March 4, 2014, and will be self-employed.

The tour is looking for the new CFO, and during the transition, the incumbent chief financial officer, Shengwen, will be acting as CFO.

"We sincerely thank Mr. He Jie for his outstanding contribution to the Tour over the past seven years," said Wang Yu, CEO of the tour. Mr He Jie, the chief financial officer, led the company's initial public offering, leading a number of strategic mergers and acquisitions to accelerate the development of the business. At the same time, he co-ordinated supervision of the company's financial management system, to protect the health of the company's financial situation, to create an effective financial management and internal control system, improve the management of the company's business level, and the company established a close relationship with the capital market. We wish him every success in his future career. ”

Shengwen joined the tour in May 2008 and is currently a head of finance director, managing the daily work of the Finance Department, including financial reporting, financial planning, tax and capital management. She is also involved in a number of important strategic financial projects of the company. Prior to joining the tour, Ms. Shengwen as senior Finance Manager and investor relations director of Sohu. Ms. Shengwen holds a Bachelor of Management degree from Peking University.

The tour today released the 2013 financial year of the quarter and the entire year without audit earnings. In the quarter, the tour revenue reached 194.9 million U.S. dollars, an increase of 12% per cent, according to the United States General Accounting Standards (GAAP), a net profit of 43 million U.S. dollars, equivalent to 0.81 U.S. dollars a share, down 43%; not in accordance with the United States General Accounting Standards (NON-GAAP), Net profit of 43.3 million U.S. dollars, equivalent to 0.82 U.S. dollars per share, the year-on-year decline of 43%.

In the 2013 fiscal year, the tour revenue reached 737.9 million U.S. dollars, an increase of 18% per cent, according to the United States General Accounting Standards (GAAP), the net profit is 268.6 million U.S. dollars, equivalent to 5.04 U.S. dollars per share, down 5%; not in accordance with the United States General Accounting Standards (NON-GAAP), Net profit of 269.9 million U.S. dollars, equivalent to 5.06 U.S. dollars per share, the year-on-year decline of 7%.