Scottsdale, Arizona 10/25/2008 2:11:50 AM
News / Finance

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

http://www.qualitystocks.net/ would like to highlight China Natural Gas Inc. (OTCBB: CHNG). The company owns and operates a network of CNG retail filling stations as well as a 120 kilometer long compressed natural gas pipeline in Xi'an, China. Xi'an is a fast growing Chinese city supported by a population of 8.5 million and is the "gateway" to the broad Western regions of China.

 

In the company’s news yesterday,

 

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.”

 

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Forward-Looking Statement:

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