Wednesday, December 22, 2010

China Organic Agriculture, Inc. (CNOA.OB) Appoints New Chairman and Chief Financial Officer

China Organic Agriculture, Inc. announced yesterday the election effective December 21, 2010 of Mr. Chunyan Liu as their Chairman, and Mr. Edward Zhang as their Chief Financial Officer. Mr. Liu and Mr. Zhang will replace Mr. Kyle Jiang and Mr. Shan Bo respectively, as Chairman and Chief Financial Officer.

Mr. Qi Qian, CEO of China Organic Agriculture, Inc. said, “Both Liu’s vision and solid experience in agricultural planning and decision making and Zhang’s relationships and extensive background in the financial markets will help the Company accelerate its growth and move to the next level. I’m glad to have them join us as Chairman and CFO of the Company. I look forward to working closely with both of them.”

Mr. Liu is an avid scholar in agricultural studies in China. From September 1992 to July 1993, he focused on the agricultural trade between Japan and China. He has, since then, done extensive research on the agricultural industry and agricultural development in China.

Mr. Liu holds a PHD from Chinese Academy of Social Sciences in agricultural management. He is well regarded in the agricultural field within China and is frequently consulted by members of the national, provincial, and local governments in China as well as senior executives within the agricultural industry in China.

Mr. Zhang possesses a strong background in finance. From September 1989 to December 2000, Mr. Zhang served as Finance Manager at China Resources Group. From February 2000 to May 2002, Mr. Zhang served as Finance manager at Beijing Beida Education Company.

From June 2002 to July 2006, he worked as a Finance Director at Alphatex (Beijing) Knitting Co. Ltd. From July 2006 to November 2008, he was the Finance Director at Euronet China. In 2009, Mr. Zhang joined Tianjin Tiens Group as Assistant to Head of Global Finance. He was also the finance management department’s Director at Tianjin Tiens Group.

He holds an MBA degree from Fordham University in New York. China Organic Agriculture, Inc. believes his experience as a financial director makes him well suited to assume financial and accounting responsibilities at China Organic Agriculture, Inc. Mr. Zhang possesses the qualities and experience the Company needs to be a successful company in the U.S. capital markets.

Headquartered in Liaoning Province, China, China Organic Agriculture, Inc. is primarily engaged in the acquisition, trading, and distribution of agricultural products. The Company mainly engages in green and organic rice processing and distribution, food provision, mountain specialty trading, and production and marketing of ice wine and red wine. Their products undergo distribution throughout China to fulfill the rapidly growing demand in healthy food.

For more information, visit www.chinaorganicagriculture.com

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