The board of directors of Shanghai Fudan Microelectronics Group Limited announced that Ms. Lu Beil has tendered her resignation to the Board and the supervisory committee of the company, due to personal work commitments with effect on October 15, 2015. The Board appointed Mr. Xu Zhihan to be the new Supervisor. Mr. Xu, aged 52, is currently the associate professor of accountancy in School of Management of Fudan University.
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