Hengdeli (3389): Steady Business Growth

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Aug 14, 2014 19:36 JST

Source: Hengdeli Holdings Ltd

Hengdeli (3389): Steady Business Growth

HONG KONG, Aug 14, 2014 - (ACN Newswire) - Chief Financial Officer of Hengdeli Holdings Limited (3389.HK), a world-leading retailer of internationally renowned brand watches, Ms. Xiangrong Li, resigned due to her personal development reasons. However, the Company believes that the absence of Ms. Li will not present any adverse impact on its daily business operations since it is equipped with a very experienced finance team. Ms. Li's departure is regarded as a normal employee turnover and the company is currently sourcing suitable candidates in order to smooth the transition.

The business growth of Hengdeli has been steady and the Company has been continuously seeking for new development. The Company is expanding its retail network of middle-end watch in Mainland China and geared up the efforts in expanding its retail network in other cities with potential market responding to market movements. Therefore, the Company achieved stable performance despite the challenging market environment.

Source: Hengdeli Holdings Ltd
Sectors: Daily Finance, Daily News

Copyright ©2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

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