SHENZHEN, China, May 26, 2011 /PRNewswire-Asia/ — Winner
Medical Group Inc. (Nasdaq:
WWIN; “Winner Medical” or “the Company”), a leading
manufacturer of medical dressings, medical disposables and
non-woven fabric made from 100% natural PurCotton® products in
China, today announced the resignation of one of its independent
directors, Mr. Horngjon “Tony” Shieh, for personal reasons. Winner
Medical’s Board of Directors voted to fill the vacancy by
appointing Mr. Xuedong “Rocky” Wu as a new independent
Mr. Shieh served on the audit and the governance and nominating
committees of the Board and as chair of the executive compensation
committee of the Board. Mr. Larry Goldman, chair of the audit
committee of the Board, and Mr. Lawrence Pan, chair of the
governance and nominating committee of the Board, expressed their
appreciation of Mr. Shieh’s dedicated service.
Mr. Xuedong Wu’s board appointment commences June 1, 2011. Mr.
Wu will serve on the audit and the governance and nominating
committees of the Board, and will be the chairman of the executive
compensation committee of the Board.
Mr. Wu is the Vice President of BMI Funds Management Ltd., a
financial advisory company based in Hong Kong, and was the chief
consultant to FLYKE International Holdings Ltd. (HK Ticker: 1998)
prior to before joining Winner Medical. Previously, Mr. Wu served
as an executive director for Shenzhen Corppal Consultants Co.,
Ltd., which specialized in advising companies on overseas listings
and mergers and acquisitions. Mr. Wu also has experience in the
e-commerce and retail space, having served with companies such as
China Expert Network Co., Ltd., where he served as chief executive
officer, Learnability Inc., an internet educational resource
provider, Shenzhen Space Financial Tech Co., Ltd. and CATIC
Computer Co., Ltd., both software development companies.