Frank Xu Named Managing Director of Hong Kong Based Smart Apparel Group; Jesse Zee Ascends to Vice Chairman

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Smart Apparel Group Ltd., the Hong Kong based apparel manufacturing and marketing division of Youngor Group Ltd. (SSE:600177), announced today that Frank Xu has been promoted to managing director for Smart Apparel effective December 1, 2009. Jesse Zee, managing director of Smart Apparel for 14 years, has assumed a new role as vice chairman of the group.

Frank has an excellent knowledge of the global apparel industry ... Jesse Zee deservedly is a legend in our industry.

Smart Apparel Group Ltd., the Hong Kong based apparel manufacturing and marketing division of Youngor Group Ltd. (SSE:600177), announced today that Frank Xu has been promoted to managing director for Smart Apparel effective December 1, 2009. Formerly deputy managing director for Smart, Xu's extensive experience in the apparel and retail industries includes 13 years in the retail division of Youngor Group Ltd.

Jesse Zee, managing director of Smart Apparel for 14 years, has assumed a new role as vice chairman of the group. Both Xu and Zee will continue to be based in Hong Kong.

Commenting on the appointments, Robert C. (Bob) Skinner, Jr., CEO of the New York based Smart Apparel U.S. subsidiary said, “Frank has an excellent knowledge of the global apparel industry. In the past year, he has immersed himself successfully in every facet of our Smart Apparel business and is very well suited for the role. Jesse Zee deservedly is a legend in our industry. He has built Smart Apparel to its current level of prominence, and I am delighted Jesse will continue to be a member of our senior management team.”

About Smart Apparel
Smart Apparel is a leading manufacturer, marketer, seller and distributor of branded and private label apparel around the world. Primarily a manufacturer of private brands through its Smart Shirts’ facilities, this business also designs, makes, and sells licensed men’s shirt brands Nautica and Perry Ellis. It also carries the licensed Nautica and Perry Ellis tailored clothing brands. Its manufacturing division, Smart Shirts, has 13 manufacturing facilities located in China, Sri Lanka and the Philippines. For more information, visit http://www.smartapparelus.com .

About Youngor
Youngor Group Ltd. (SSE:600177) is a diversified conglomerate, which is engaged in three major businesses, namely, the manufacturing and retailing of apparel, property development, and investment holdings. Its Youngor brand men’s shirts was ranked first for 13 consecutive years while its Youngor brand men’s suit was ranked first for eight consecutive years in the PRC market. In addition, the Company owns one of China’s largest manufacturers of high-grade yarn dyed woven fabrics. Headquartered in Ningbo, China, the Company has operations in China, Asia and the United States, and its products are sold in over 2,000 retail locations within China.

Media contact: Donna Weaver, WeaverWorks, 215-428-0972, dbw(at)weaverworks(dot)us

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