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QKL Stores, Inc. (QKLS) to Ring the NASDAQ Stock Market Opening Bell

QKL Stores Appoints New Board Member: Mr. Zhiguo Jin, the Chairman of Tsingtao Beer Group, Ltd.

Where:  NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast
Studio

When:  Monday, December 7, 2009 at 9:15 - 9:30 a.m. ET

About QKL Stores, Inc. (QKLS):

QKL was created as a limited liability company in Daqing, China, on November 2nd, 1998, by Zhuang Yi Wang. Now, QKL is the largest retail company in Heilongjiang Province.

QKL has built its brand in 10 years. The company has 33 stores in Heilongjiang Province and the Inner Mongolia area, with formats of Hypermarkets, Supermarkets, and Department stores.

QKL was awarded "Top 10 Potential Enterprises" in 2004, joined IGA in 2005, and listed in America on 1st April 2008.

QKL Company guarantees "Fresh, Convenient, Inexpensive and Quality" merchandise to every customer. We will use our best efforts to offer everyday low-price products. Based on its well-known fresh products and extensive non-food items, QKL gains a lot of compliments from both suppliers and customers.

With United States funding investment, qualified personnel, and resources, QKL remains confident in its expansion strategy and looks forward to furthering the company's success. We hope you can help us reach our vision to be the No. 1 multi-format retailer in Northeast China.
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QKL Stores Appoints Three New Independent Members to Its Board of
Directors


China, Sep. 21, 2009 (PRNewswire-Asia) -- QKL Stores Inc. (the "Company") (OTC Bulletin Board: QKLS), a leading regional supermarket chain in Northeast China, announced that it has appointed three new, independent members to its board of directors. These members will serve on the newly established Audit, Compensation as well as Nominating and Corporate Governance Committees. Mr. Gary Crook will serve as the Chairman of the Audit Committee, Mr. Zhiguo Jinwill serve as the Chairman of the Nominating and Corporate Governance Committee, and Mr.Chaoying Li will serve as the Chairman of the Compensation Committee.

Mr. Zhiguo Jin is the Chairman of Tsingtao Beer Group, Ltd., a position he has served sinceJune 2008. He joined Tsingtao Beer in 1975. He became the vice-chairman and president of Tsingtao Beer in July 2001. Mr. Jin was profiled as one of the top ten prominent figures in business by CCTV in 2007. One of China's most well-known businessmen, Mr. Jin has spent his entire career with Tsingtao Beer Group, Ltd. He received his PhD in Natural Science from Qingdao University and an EMBA from the Central Europe Management Institute.

 

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