Lan Zhongming resigns as China Hongxing Sports CEO and executive director
He would like to spend more time with his family and his current working location cannot allow him to do this.
China Hongxing Sports announced the resignation of Lan Zhongming as executive director and chief executive officer.
Mr Lan, 41, was responsible for the overall business strategy, operations and day-to-day management of the affairs of the Group. He is also be responsible for the group's overall management and operations of the Finance, Production and Administration departments.
He was appointed to the post 19 September 2013.