SHANGHAI, Oct. 11, 2016 /PRNewswire/ -- Acorn
International, Inc. (NYSE: ATV) ("Acorn" or the "Company") today
announced that its board of directors has recently appointed Mr.
Eric Haibing Wu as a director,
effective as of September
14th, 2016. Mr. Wu will serve on the Audit
Committee, Compensation Committee and Corporate Governance &
Nominating Committee. He will be eligible for reelection as a
director by the Company's shareholders at the Company's next annual
general meeting.
About Mr. Eric Haibing
Wu
Mr. Eric Haibing WU has over 20 years of experience in finance.
He worked for PricewaterhouseCoopers in the United States from May 2000 to February
2006 and later worked as a senior manager in the assurance
department of PricewaterhouseCoopers Zhong Tian CPAs Limited
Company from February 2006 to
October 2007. Since October 2007, he has been serving as the chief
financial officer of Plateno Hotels Group (formerly known as 7 Days
Group Holdings Limited). Mr. Wu graduated from Shanghai Jiao Tong
University (上海交通大學) with a bachelor's degree in economics in
July 1994 and received a master's
degree in business administration from Michigan State University in May 2000. Mr. Wu is currently a non-executive
independent director of Zhong Ao Home Group Ltd, a company listed
on Hong Kong Stock Exchange.
Safe Harbor
Statement
This news release contains forward-looking statements. These
statements constitute "forward-looking" statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "anticipates," "believes,"
"estimates," "expects," "future," "going forward," "intends,"
"outlook," "plans," "target," "will," and similar statements. Such
statements are based on management's current expectations and
current market and operating conditions, and relate to events that
involve known or unknown risks, uncertainties, and other factors,
all of which are difficult to predict and many of which are beyond
the Company's control, which may cause the Company's actual
results, performance, or achievements to differ materially from
those in the forward-looking statements. Further information
regarding these and other risks, uncertainties, or factors is
included in the Company's filings with the U.S. Securities and
Exchange Commission. The Company does not undertake any obligation
to update any forward-looking statement as a result of new
information, future events, or otherwise, except as required by
law.
About Acorn International, Inc.
Acorn is a marketing and branding company in China with a proven track record of
developing, promoting and selling a diverse portfolio of
proprietary-branded products, as well as well-established and
promising new products from third parties. Its business is
currently comprised of two main divisions, its direct sales
platforms and its nationwide distribution network. For more
information visit www.acorninternationalir.com.
Contact:
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Acorn International,
Inc.
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Compass Investor
Relations
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Ms. Naomi
Deng
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Ms. Elaine Ketchmere,
CFA
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Phone:
+86-21-5151-2944
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Phone:
+1-310-528-3031
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Email:
dengqi@chinadrtv.com
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Email: Eketchmere@compass-ir.com
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www.acorninternationalir.com
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www.compassinvestorrelations.com
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SOURCE Acorn International, Inc.