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April 5, 2005

CHINA: New Dragon Asia names new CEO

China-based food company New Dragon Asia has announced the appointment of Li Xia Wang as its new chief executive officer, succeeding Heng Jing Lu who will continue to serve as chairman.

China-based food company New Dragon Asia has announced the appointment of Li Xia Wang as its new chief executive officer, succeeding Heng Jing Lu who will continue to serve as chairman.

Wang formerly served as chief financial officer of New Dragon Asia from December 2003 to November 2004. She currently serves as a member of the company’s board of directors.

Headquartered in Shandong Province, with a corporate office in Shenzhen, New Dragon Asia operates in the milling, sale and distribution of flour and related products, including instant noodles, to retail and commercial customers throughout China.

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