MOBI Development Co., Ltd. Announces Board Changes
September 10, 2013 at 08:45 am EDT
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The board of directors of MOBI Development Co., Ltd. announced that Mr. Bao Fan has resigned as an independent non-executive director of the company due to his personal business affairs which require more of his attention and ceased to be a member of the remuneration committee, nomination committee and audit committee of the company, all with effect from 10 September 2013. The board announced that Mr. Li Guinian has been appointed as an independent non-executive director of the company and a member of the remuneration committee, nomination committee and audit committee of the company, all with effect from 10 September 2013. Mr. Li has served as the managing director and a general manager of Bengbu Investment Group Co., Ltd. Currently, he is a director of Guoyuan Agricultural Insurance Co., Ltd. and the vice-chairman of Auhui New Energy Association.
He is also a director of the board of Hefei University of Technology.
MOBI Development Co., Ltd. is an investment holding company principally engaged in the manufacture and sales of wireless communication antennas and base station radio frequency subsystems. The Company mainly operates through three segments. The Antenna System segment is engaged in the manufacture and sales of antenna systems and related products. Its antenna products include smart antennas, microwave antennas and repeater antennas, among others. The Base Station Radio Frequency Subsystem segment is engaged in the manufacture and sales of base station radio frequency subsystems and related products. Its radio frequency products include duplexers, filters, couplers and drives, among others. The Coverage Extension Solution segment is engaged in the manufacture and sales of coverage products. The Company operates businesses in China, Thailand, Japan, Canada, Mexico and Russia, among others.