Dangdang Announces Management Change

BEIJING, March 6, 2014 /PRNewswire/ -- E-Commerce China Dangdang Inc. ("Dangdang" or the "Company") (NYSE: DANG), a leading business-to-consumer e-commerce company in China, today announced that Mr. Jun Zou, the chief financial officer of the Company, has tendered his resignation for personal reasons. His resignation will be effective on April 10, 2014. The Company has started searching for qualified CFO candidates. Ms. Peggy Yu Yu, Dangdang's Executive Chairwoman, will act as interim CFO during the search period until the new CFO is on board. Ms. Peggy Yu Yu is Dangdang's co-founder and has been Executive Chairwoman since the inception of the Company. Peggy received an MBA in finance and international business from the Stern School of New York University in 1992.  "We thank Mr. Jun Zou for his many efforts and contribution, and we all wish him the best in his future pursuits," said Ms. Peggy Yu Yu.

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