MOBI Development Co., Ltd. Announces Board Changes
July 26, 2016 at 02:56 pm IST
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The board of directors of MOBI Development Co., Ltd. announced that Mr. Yang Dong resigned as a non-executive director of the company with effect from 26 July 2016 due to his other personal commitments which require more of his attention. Mr. Yang also ceased to be a member of each of the remuneration committee and the nomination committee of the company with effect from 26 July 2016. The Board also announced that Mr. Chen Zhaojun was appointed as an executive director of the company with effect from 26 July 2016. Mr. Chen, aged 39, joined the group in July 2004 and is currently the executive vice-president and chief financial officer of the company, and is responsible for the financial management of MOBI Telecommunications Technologies (Ji An) Co., Ltd. and MOBI Technologies (Xi An) Co., Ltd. The Board also announced that Mr. Qu Deqian, the non-executive director of the company, was appointed as a member of the nomination committee of the company with effect from 26 July 2016.
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.
MOBI DEVELOPMENT CO., LTD. 
