Aurora Optoelectronics Names Chairman, General Manager; Shares Up 6%

MT Newswires Live10-22

Aurora Optoelectronics (SHA:600666) appointed its general manager, Zhu Sangao, as chairman, according to a Shanghai Stock Exchange filing on Monday.

Zhu takes over from Fu Yuchun, who resigned due to personal reasons. Fu will to continue to serve the company as a director after the resignation.

Luo Xiaofeng, a former executive president for a branch of ZTE (HKG:0763, SHE:000063), was named as Zhu's successor for the general manager post, the Chinese fiber optic product manufacturer said.

Shares of the company jumped more than 6% in recent trade.

Price (HKD): $1.97, Change: $+0.12, Percent Change: +6.49%

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