Bohai Pharmaceuticals Group Inc. (BOPH.OB) Names Two to Its Board of Directors

QualityStocks would like to highlight Bohai Pharmaceuticals Group, Inc. (OTCBB/OTCQB: BOPH). The China based company is engaged in the production, manufacturing, and distribution of herbal pharmaceuticals based on Traditional Chinese Medicine in China. Bohai's medicines address common health problems such as rheumatoid arthritis, viral infections, gynecological diseases, cardio vascular issues, and respiratory diseases.

In the company’s news Friday,

Bohai Pharmaceuticals announced the appointment of a new independent director, Anthony Chan, to its board of directors. Bohai also appointed its chief financial officer, Gene Hsiao, to the board of directors. As a result of these two additions, Bohai’s board now has six members, four of whom are independent as defined by SEC and NASDAQ rules.

Mr. Chan brings nearly 30 years of experience in finance and management to Bohai. He currently serves as chief financial officer at a leading Chinese mobile phone manufacturer, Zoom Technologies. Previously, Mr. Chan served as an Asian investment bank consultant to GunnAllen Financial. He also was CFO and director of the board at US internet company hereUare Inc. In addition, he served as a financial advisor and CEO at two other NASDAQ-listed companies.

Mr. Hsiao joined Bohai Pharmaceuticals as CFO in June 2010. He has over 15 years of SEC accounting, corporate finance and public company management experience. Since joining the company, he has overseen all of Bohai’s financial reporting and related company procedures.

In addition, Bohai has formally established three independent board committees – an audit committee, nominating and corporate governance committee and compensation committee. The formation of these committees is a requirement for uplisting to the NASDAQ.

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