Shanghai's Double Coin Holdings makes a change at the top

Aug. 14, 2008

Double Coin Holdings Ltd., based in Shanghai, China, recently announced a number of executive personnel changes, including a new chairman of the board.

The Huayi Group, Double Coin's holding company, has elected Liu Xunfeng chairman. Liu replaces Fan Xian, who had served as chairman for the last eight years.

Liu was previously the president of the Huayi Group, and served on its board of directors.

General Manager Chun Chen Yue continues to manage not only Double Coin's daily business operations, but also its tire subsidiaries, including Monrovia, Calif.-based China Manufacturers Alliance LLC (CMA).

There will be no changes in business strategy or policy for either Double Coin Holdings or CMA, according to a CMA spokesman.