Continental Horse Brand Appoints New General Manager in China

March 1, 2012 Shanghai News: German Horse Tire announced the appointment of Mr. Deng Jie as the general manager of Continental Horse Tyre Trading Shanghai Co., Ltd., and the new appointment will take effect from March 1, 2012. Deng Jie will be fully responsible for the business operations of China's replacement market.

At the same time, Mr. Qi Fangmo, the former general manager, will return to Germany and be responsible for the business expansion of ContiTrade.

Mr. Deng Jie has served in Continental China North America and has outstanding performance in sales, business development and customer management. In 2002, he joined the Continental Horse Brand Tire North America Company and was responsible for sales in the North American market before taking up his post in China.

"Unlike the mature North American market, China's tire replacement market is constantly developing and growing rapidly. I am honored to take on this challenging role in this dynamic market. With the support of dealers and retailers, the mainland horse brand Tires are well developed in the Chinese market. China is one of the world's largest auto parts markets. As the world's leading tire supplier, Continental's tires will surely strive to become industry leaders,” said Deng Jie.

Mr. Deng Jie holds an MBA from the University of South Carolina. Based on his extensive sales and marketing experience, Mr. Deng Jie will lead the mainland China brand tires business in China and continue to expand the local market to consolidate the high-end positioning of the Malaysian brand tires.