Sept. 2, 2010 - China Carbon Graphite Group, Inc. , the largest wholesale supplier of fine grain and high purity graphite in China and one of the nation's top overall producers of carbon and graphite products, today announced the resignation of Chief Financial Officer Ms. Ting Chen and the appointment of Mr. Zhengfang Yang as its new interim Chief Financial Officer effective September 1, 2010.
The company appreciates the contributions that Ms. Ting Chen has made in the past few years. There was no disagreement between Ms. Chen and the Company which led to her resignation. The company is committed to finding a highly qualified candidate to serve as Chief Financial Officer.
In the interim, with the appointment of Mr. Yang we believe we will experience a smooth transition in our financial management due to his experience of having served as Chief Financial Officer of the Company's operating subsidiary, Xingyong Carbon Company Ltd. since 2007. Mr. Yang is also a certified public accountant in China. We are pleased to have him step in on an interim basis until a suitable permanent Chief Financial Officer can be engaged.
The company appreciates the contributions that Ms. Ting Chen has made in the past few years. There was no disagreement between Ms. Chen and the Company which led to her resignation. The company is committed to finding a highly qualified candidate to serve as Chief Financial Officer.
In the interim, with the appointment of Mr. Yang we believe we will experience a smooth transition in our financial management due to his experience of having served as Chief Financial Officer of the Company's operating subsidiary, Xingyong Carbon Company Ltd. since 2007. Mr. Yang is also a certified public accountant in China. We are pleased to have him step in on an interim basis until a suitable permanent Chief Financial Officer can be engaged.
