Business News

Shiner International Announces Promotion of Qingtao Xing to President

Tuesday 13. May 2008 - Shiner International, Inc. (NASDAQ:BEST), an emerging global leader in the anti- counterfeiting and advanced packaging industry, today announced it has promoted Qingtao Xing to the position of President. Mr. Xing, who most recently served as Vice President leading strategic initiatives for the Company, will continue to report to Shiner International's Chairman Mr. Yuet Ying and CEO Mr. Jian Fu.

In his new role, Mr. Xing will lead the Company’s domestic and international strategic growth initiatives and acquisition strategy, and oversee Shiner’s product sales and marketing divisions. Mr. Xing will also direct the Company’s corporate finance efforts and serve as the primary liaison to the investment community.

Shiner International CEO Mr. Jian Fu commented: ”Qingtao has made a number of positive contributions throughout his career at Shiner. His focus on strategic growth and driving both domestic and international product sales, especially as we continue to gain traction in the international market for both our leading anti-counterfeiting and coated films, will help ensure a bright future for Shiner.”

Before joining Shiner International, Mr. Xing worked for LaSalle Investment Management’s China team in commercial real estate throughout mainland China. During his time with LaSalle, Mr. Xing worked on deals with an aggregate value of more than $500 million, including high-end office developments. Prior to LaSalle, Mr. Xing worked for a couple of real estate development firms in China focused on office developments, residential neighborhoods and luxury hotels. He holds a Bachelor’s degree from Tongji University and a Master’s from Cornell University.