Munich, 26 July 2013 - Having already appointed Dr. Harald Zender as a new Management Board member of KINGHERO AG in May, the company continues the restructuration of the group by the appointment of three managing directors in KINGHERO Group Holding Ltd. in Hong Kong. This measure is intended to improve internal processes and to optimize the organization within the KINGHERO Group.

Dr. Harald Zender, member of the Management Board of the German KINGHERO AG, as well as two other managers will strengthen the management of the Hong Kong subsidiary. The new managing directors are to contribute as interim managers to a better internal and external transparency.

The financial calendar 2013 will be updated as soon as the company has available the final time schedule of the auditors.

About KINGHERO AG
KINGHERO AG is the German holding company of the KINGHERO Group of companies, mainly active in the Peoples Republic of China (PRC). The Group is a strongly growing apparel manufacturer and designer, featuring a leading Chinese fashion brand for the strongly growing urban middle class in China. The key to the company's success is a high fashion degree with a European "touch and feel" as well as an upscale quality. The high speed of the design and marketing of new collections ensures a fit to the changing demands of the growing urban middle class in China. Being in this business for more than 25 years, the group and its more than 1,000 employees produce attire for all seasons under the KINGHERO brand. The product portfolio includes suits, jackets, shirts, pants and sweaters for men and women and is divided into a business casual range and a general casual range.

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