JJ Auto AG
JJ Auto AG: Resignation of Chairman of the Supervisory Board
JJ Auto AG / Key word(s): Change of Personnel 01.12.2014 12:09 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- JJ Auto AG: Resignation of Chairman of the Supervisory Board Berlin, December 1, 2014 - Mr Michael Schatzschneider, Chairman of the Supervisory Board of JJ Auto AG, has informed the company that he resigns from his office effective December 31, 2014, 24:00 h (midnight). The company's Management Board respects Mr Schatzschneider's decision and expresses its gratitude for his outstanding work. The Company will take the necessary measures in order to find a successor shortly. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: About JJ Auto JJ Auto possesses a high profitability and is one of the leading Chinese manufacturers and suppliers of high-quality steel automotive parts, tools and heavy-duty machine parts such as nuts, bolts, wrenches, sleeves, track pins and bushings and track parts. As a supplementary business JJ Auto is also involved in the trading of automotive tools and parts. The company was founded in 1998. Thanks to an excellent track record and profitability the group is well positioned to take advantage of the growth potential of the rapidly growing Chinese market. JJ Auto possesses extensive industry experience and technology know-how. Currently, JJ Auto exclusively sells its products in the Chinese market directly to distributors and direct sales customers, such as axle factories. The company's customer base consists of around 89 automotive parts distributors, which further sell the products to end users such as axle factories, repair shops and OEMs. The production facilities of JJ Auto, occupying a site area of 26,089 square metres, are located in Quanzhou City in the South-Eastern Chinese province Fujian. In 2013 the production volume amounted to 83.51 thousand tons. At the end of 2013 JJ Auto employed more than 600 employees. For further information, please contact: Kirchhoff Consult AG Anja Ben Lekhal Tel: +49(0) 40 609 186 55 Mail: anja.benlekhal@kirchhoff.de Or visit http://www.jj-auto.de/en 01.12.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: JJ Auto AG Unter den Linden 14 10117 Berlin Germany Phone: +49 (0)30 72616 8000 Fax: +49 (0)30 72616 8001 E-mail: jj-auto@kirchhoff.de Internet: www.jj-auto.de ISIN: DE000A1TNS70 WKN: A1TNS7 Listed: Regulierter Markt in Frankfurt (General Standard) Notierung vorgesehen. / Intended to be listed. End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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