Guangzhou Daily reports that Lee Boon Lee, CEO of SAP China, has dismissed about 20 executives in Greater China Region and replaced them with people from Hong Kong.

The report says the 20 executives who have been dismissed include two strategic vice presidents and a vice president who is in charge of training, a marketing manager, two assistants to the CEO and a number of sales managers.

Ms. Su, a person who is in charge of the media service of SAP China, says that the personnel change is a normal adjustment and the local media's report on the number of the top executives is not accurate. Ms. Su also denies that the Chinese mainland management has been substituted by people from Hong Kong.