Renren Appoints New Independent Director
Renren, the "Facebook of China," has added a new friend. Chuanfu Wang, a manufacturing executive who was named BusinessWeek's Star of Asia in 2003, will replace Ruigang Li as an independent director on the company's board. His appointment follows a wave of partnerships between the social network and smartphone manufacturers on Renren-enabled devices.
Renren, the “Facebook of China,” has added a new friend. Chuanfu Wang, a manufacturing executive who was named BusinessWeek’s Star of Asia in 2003, will replace Ruigang Li as an independent director on the company’s board.
Wang is the founder, chairman, and CEO of BYD Company Limited, which is headquartered in Shenzhen and is one of the top three domestic manufacturers of passenger cars in China. The company also manufactures rechargeable batteries, handset components, and assembly services, supplying major
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