Meili

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David Wei
Since October 2007, chief executive officer and executive director of Alibaba.com;
From November 2006 to September 2007, president of Alibaba.com and executive vice president of Alibaba Group;
From 2002 to 2006, president of B&Q China, a subsidiary of King
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China’s Shandong Chenming Paper Holdings, a major paper manufacturer, announced its plan to invest RMB 9.8 billion in two high-end paper production paper projects and a logistic project in Shouguang City, Shandong Province. According to information filed with the Shenzhen Stock Exchange, Shandong Chenming Paper would invest RMB 5.2 billion in a 800.000 tons annual capacity low-weight coated art paper project and RMB 2.6 billion in a 600.000 ton annual capacity white-coated linerboard project. Meanwhile, RMB 2 billion will be invested to build a logistics center and the supporting railway. Both projects are expected to be completed in the year 2011.



