China Natural Gas upgrades its board in preparation to be listed on the Nasdaq.
China Natural Gas Enhances Board of Directors
Thursday August 7, 9:00 am ET
- Appoints Three New Directors -
NEW YORK, Aug. 7 /PRNewswire-FirstCall/ -- China Natural Gas, Inc. (OTC Bulletin Board: CHNG - News), one of the leading providers of compressed natural gas (CNG) for vehicular fuel and pipeline natural gas for industrial, commercial and residential use in Xi'an, China, announced today that it has enhanced its Board of Directors with three new directors. Mr. Donald Yang Xiang Dong will serve as a member of the committees, while Mr. Carl Yeung and Mr. Lawrence W. Leighton will serve as Chairman of the audit and compensation committees, respectively.
These appointments bring the Company's Board of Directors to five members, including Mr. Qinan Ji, CEO and Chairman of the Board and Mr. Zhiqiang Wang, Vice Chairman of the Board. Mr. Carl Yueng and Mr. Lawrence W. Leighton will be independent board members.
"Today's announcement exemplifies our commitment to strengthen our corporate governance system. On behalf of the Company, I welcome our new directors. We believe that their extensive experience in business and finance will provide guidance to the senior management team as we continue to grow our business and we look forward to working with them," stated Mr. Qinan Ji, CEO and Chairman of the Board of China Natural Gas, Inc. |
