Lu Corporation Press Conference - Part 3

Wednesday continued …

"After having a long discussion with my wife, and talking to my father CEO Lu, I have decided that it is appropriate that I resign my position as Vice-CEO of Lu Corporation. While my actions last night were protective for my wife and unborn child, I can see for most people they were over the top. I cannot allow my concerns for them become a bad influence on the company."

"Whether or not I return at some time in the future will be a decision for my father, CEO Lu. Meanwhile, with the assistance of my wife, I will be dedicating my time initially to ensuring the full establishment of the charitable initiative announced by my wife and I, so in the long term it can become fully self-supporting and sustainable. Once that is done, I will then step back from it. Thank You."

With that Lu Jinhu stepped back, and his father stepped up to the podium to continue.