DGAP-Adhoc: Change in the Management Board of Snowbird AG


Snowbird AG  / Key word(s): Change of Personnel

22.09.2016 11:56

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Change in the Management Board of Snowbird AG

Duoxiang Qiu, member of the Management Board of Snowbird AG, today informed
the management and the Supervisory Board of the company that he will resign
from the Management Board effective 21 October 2016.

The management board of Snowbird AG therefore will consist of Zhaorui Yan.
He is supported by Wang Hui (CFO in the operational company in China).

End of adhoc release

Snowbird AG - one of largest down processing companies worldwide
Snowbird is one of the world's leading down processors and known for high
quality down-filled textiles and for down bedding, down duvets and down
pillows. With its new state of the art production facility, located in
China, Henan Province, the company is able to process down at highest
quality standards in a sustainable and environmental friendly way. Snowbird
operates very profitable along the value chain from down processing to down
clothing and down bedding production. Products are sold under the brands
"Snowbird" or "Xueniao" or produced as white label based on orders from
third parties.

Investor Relations Contact
Please direct all your requests to:
max. Equity Marketing GmbH, Maximilian Fischer, Marienplatz 2, 80331
Munich, Germany
Tel: +49 89 139 28890    E-Mail: ir@snowbird-ag.com
 


22.09.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:     English
Company:      Snowbird AG
              Ferdinandstr. 25
              20095 Hamburg
              Germany
Phone:        +49 89 139 28890
Fax:          
E-mail:       ir@snowbird-ag.com
Internet:     www.snowbird-ag.com/de
ISIN:         DE000A1PHEL8
WKN:          A1PHEL
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Dusseldorf, Hamburg, Munich, Stuttgart,
              Tradegate Exchange
 
End of Announcement                             DGAP News-Service
 
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