Thursday, October 23, 2008

China Natural Gas Inc. (CHNG.OB) Appoints New Chief Financial Officer

Today before the opening bell, China Natural Gas Inc. announced that it has appointed Richard P.Wu as its CFO, effective immediately. Mr. Wu has over a decade of leadership experience working in both financial and operational positions. He received his Master of Business Administration in Finance from The Wharton School, University of Pennsylvania, and a Master of Justice Administration from Indiana University. In addition, he holds a Master of Law from China University of Political Science & Law.

Prior to joining China Natural Gas, Mr. Wu served Tejari World FZ LLC, one of the largest online e-procurement service providers and B2B portal operators in the Middle East, as COO and Interim CFO of China Operation. There he was responsible for designing and constructing the China Operation’s financial and accounting infrastructure and systems to support the company’s growth in China.

Mr. Qinan Ji, CEO and Chairman of the Board of China Natural Gas, stated, “Mr. Richard P. Wu is a seasoned executive with extensive corporate accounting and financial experience in public and private companies. He has a demonstrated track record of successfully leading many of the functions that our Company is seeking to improve in the future, and we are very pleased that he will be joining our executive team.” Mr. Ji continued, “We would also like to thank Ms. Guo for her dedication and she will continue to serve as senior manager in the finance department.”

About QualityStocks:

QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.

Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

The Quality Stocks Daily Stock Report http://video.qualitystocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net

No comments: