Recent News

Change in the Management Board of Snowbird AG

Duoxiang Qiu, member of the Management Board of Snowbird AG, today informed the management and the Supervisory Board of the company that he will resign from the Management Board effective 21 October 2016.

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Resignation of Supervisory Board Members

Snowbird, one of the leading down processors listed in the Prime Standard Segment at Frankfurt Stock Exchange (ISIN: DE000A1PHEL8) announces personnel changes in the Supervisory Board.

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Change in Snowbird’s Supervisory Board: Mr. Li Gang follows to Ms. Yao Xiaoman

Mr. Li Gang, born in 1959, replaces Ms. Yao Xiaoman who resigned from her position due to personal reasons. 

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Snowbird registered brand “Daunenkönig” for European down bedding products

To accelerate the sales activities for down bedding products in Europe, Snowbird has registered the brand name “Daunenkönig”. This is another milestone in the history of the company’s expansion to Europe. In 2015 it already has opened the European Sales Office in Eschborn near Frankfurt.

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Change in the Management Board of Snowbird AG

Based on mutual agreement, Changzai Yan, CEO of Snowbird AG, will leave the Management Board of Snowbird AG for health reasons.

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Snowbird AG discloses results for first 9 months of fiscal year 2015

Snowbird AG (ISIN: DE000A1PHEL8, Ticker Symbol: 8S9), listed on the Frankfurt Stock Exchange, Prime Standard Segment, today announced its financial results for the first nine months of 2015 ending 30 September. 

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Change in the Management Board of Snowbird AG

Based on mutual agreement, Kok Weng Lam, CFO of Snowbird AG, will leave the Management Board for personal reasons effective 31 December 2015.

The Supervisory Board thanks Mr. Lam for his achievements and the trustful cooperation and wishes him all the best for the future.

The CFO position will be reoccupied promptly by the Supervisory Board

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Closing of 400 million Renminbi (ca. 55 milion Euro) bond financing

Snow Bird (Hong Kong) Holding Company Limited, a wholly owned subsidiary of Snowbird AG (ISIN: DE000A1PHEL8, Ticker Symbol: 8S9), listed on the Frankfurt Stock Exchange, Prime Standard Segment, closed the transaction for a 3-year 400 million Renminbi (RMB) guaranteed bond subscribed by Haitong International Financial Products Limited (“Haitong International”). The bond is guaranteed by Snowbird AG.

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Snow Bird (Hong Kong) issues bond guaranteed by Snowbird AG

Hamburg, 17 September 2015 – Haitong International Financial Products Limited today agreed to subscribe a 400 million Renminbi (RMB) (approx. 55 million Euro) bond to be issued by Snow Bird (Hong Kong) Holding Company Limited a wholly owned subsidiary of Snowbird AG (ISIN: DE000A1PHEL8, Ticker Symbol: 8S9) listed on the Frankfurt Stock Exchange, Prime Standard Segment. The bond is secured by a guarantee of Snowbird AG.

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Snowbird AG discloses results for first half of fiscal year 2015

Hamburg, 28 August 2015 - Snowbird AG (ISIN: DE000A1PHEL8, Ticker Symbol: 8S9), listed on the Frankfurt Stock Exchange, Prime Standard Segment, since 29 September 2014, today announced its financial results for the first six months of 2015 ending 30 June. 

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