This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Renren Inc. Announces Appointment Of Independent Director

BEIJING, June 15, 2012 /PRNewswire-Asia/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), the leading real name social networking internet platform in China, today announced the appointment of Mr. Chuanfu Wang as an independent director. 

Mr. Chuanfu Wang is the founder, Chairman and Chief Executive Officer of BYD Company Limited (1211.HK). Headquartered in Shenzhen, China, BYD is one of world's leading manufacturers for rechargeable batteries as well as handset components and assembly services. BYD entered into the automotive business in 2003 and is now ranked among the top three domestic manufacturers for passenger cars in China. Recognized as a renowned entrepreneur and technology expert, Mr. Wang was awarded Star of Asia by BusinessWeek in 2003.

Mr. Wang obtained his bachelor's degree in metallurgy physical chemistry from China's Central South University of Technology in 1987 and his master's degree in metallurgy physical chemistry from Beijing Non-Ferrous Research Institute in 1990.

Mr. Wang will replace Mr. Ruigang Li, who resigned from the Board of the Company for personal reasons. Mr. Li's decision is not the result of any dispute or disagreement with the Company or its Board on any matter relating to the Company's operations, policies or practices.

"We want to thank Mr. Ruigang Li for his valuable contribution to the Company during his service as a director of the Board," said Joseph Chen, Chairman and Chief Executive Officer. "Meanwhile, we are very excited to have Mr. Chuanfu Wang join us as an independent director. As a seasoned entrepreneur with deep technology and operational experience, Mr. Wang will provide invaluable expertise to our Board and our Company."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs