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– CHINA, Beijing – Xinyuan Real Estate Co., Ltd. (NYSE: XIN), an NYSE-listed real estate developer and property manager primarily in China and in other countries, today announced that the Company has appointed Mr. Yifan “Frank” Li, as Xinyuan’s Independent Director and a member of the Audit Committee, effective immediately.

Yifan “Frank” Li possesses over twenty years of experience in the areas of corporate financial management, M&A, principal investment, debt & equity offerings, and risk management across the Asia Pacific region. Most recently, Frank has been a Director and VP of Geely Holding Group. Prior to joining Geely, he was VP and international CFO of SanPower Group, where he led the acquisition and integration of UK retailer House of Fraser and US retailer Brookstone. He also served as CFO of China Zenix Auto International (NYSE: ZX), where he led the first-ever IPO in China’s auto industry.

Frank also serves as an Independent Director of Shanghai International Port (Group) Co. Ltd. (600018-CN) and Heilongjiang Interchina Water Treatment Co., Ltd. (600187-CN)

Frank, a CPA and CGMA, received his MBA from University of Chicago Booth School of Business, MSc in Accounting from University of Texas at Dallas, and Bachelor of Economics in World Economy from Fudan University.

Mr. Yong Zhang, Xinyuan’s Chairman commented, “We are glad to have Frank on board with his proven track record as a seasoned financial executive and his experience spanning across various industries in both U.S. and China. We are proud to welcome him and believe he will significantly contribute to the strength of our board and help guide our future growth.”

About Xinyuan Real Estate Co., Ltd.

Xinyuan Real Estate Co., Ltd.is an NYSE-listed real estate developer and property manager primarily in China and in other countries. In China, the Company develops and manages large scale, high quality real estate projects in over ten tier one and tier two cities, including Beijing, Shanghai, Zhengzhou, Jinan, Xi’an, Suzhou, among others. Xinyuan was one of the first Chinese real estate developers to enter the U.S. market and over the past few years has been active in real estate development in New York. The Company aims to provide comfortable and convenient real estate related products and services to middle-class consumers.

For more information : http://www.xyre.com

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