Welcome To The China Natural Gas Inc HUB China Securities
Strong growth potential and are becoming a premier player in reducing China's reliance on imported petroleum
ChinaSecurities News Flash

MAKING YOU A BETTER INVESTOR .... Thursday August 26th 2010

1. China's stocks end higher, coal sector in focus (Story)

2. A-Power Energy Generation Systems reports Increased Revenues in 2nd Quarter of 2010 (Story)

3. Global demand for gold on the upswing  (Story) Source: CTV News

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China Natural Gas Inc Management

Mr. Qinan Ji

Chairman of the Board and CEO

Mr. Qinan Ji joined China Natural Gas in February 2005 bringing with him more than 20 years experience in the energy and petroleum industry from the operational, administrative, managerial and government al aspects of the market. Before joining CHNG, Mr. Ji founded Sunway Technology Industries Co., Ltd., in September 2001, where he served as Chairman and General Manager. In June 1990, Mr. Ji became a member of the Commission of the Chinese People's Political Consultative Conference representing Weinan City. During this time he also served as Chairman of the Board of Weinan Anxian Petroleum and Chemical Co. Ltd. Earlier in his career, Mr Ji founded and ran Weinan Anxian Trade & Industry Company. Mr Ji received a bachelor's degree in Economic Management from Northwest University ( Shaanxi ).

Mr. Zhiqiang Wang

Vice Chairman of the Board

Mr. Zhiqiang Wang was named Vice Chairman and an Independent Advisor of China Natural Gas in 2004. From 2002 to 2004 Mr. Wang served as the Chief Executive Officer of Xi'An Municipal Government Construction Company where he was in charge of the city's major construction projects. From 1992 to 2002 Mr Wang served as Vice Mayor of the City of Xi'An as well as Head of the Energy Industry Regulations Committee, in which he was responsible for regulating and licensing the city's energy and natural gas businesses. In 2004 Mr Wang retired from public practice and has since served as an independent advisor to the management of CHNG. Mr. Wang graduated from the Northwest College of Law ( Shaanxi ) in 1962.

Mr. Richard P. Wu

Chief Financial Officer

Mr. Wu has over 12 years of experience in positions of financial and operational leadership. Most recently, he served as COO and Interim CFO of China Operation at Tejari World FZ LLC, one of the largest online e-procurement service providers and B2B portal operators in the Middle East. Mr. Wu served as CFO and Corporate SVP of The Alliancepharm US LLC from 2003 to 2007. Prior to that, he was CFO and Corporate EVP of Meetchina.com Inc., a pioneering online cross-border e-commerce portal in China. Earlier in his financial career, Mr. Wu was Senior Finance Director at Motorola Inc., and Investment Banking associate at Lehman Brothers Holdings, Inc. Mr. Wu received his MBA degree with concentration in finance from The Wharton School, University of Pennsylvania, and a Master of Justice Administration from Indiana University. He also holds a Master of Law from China University of Political Science & Law. He is a licensed lawyer of the People's Republic of China and used to practice law in Beijing, China for 5 years.

Mr. Donald Yang

founding partner and president of Abax Global Capital (AGC)

Mr. Yang is a founding partner and president of Abax Global Capital (AGC), a leading Hong Kong based investment firm focused on Pan-Asian public and private investments especially in Greater China and Southeast Asia. He was a Managing Director responsible for Merrill Lynch's Hong Kong and China Debt Capital Markets division from 2000 to 2007. Mr. Yang holds a MBA degree from Wharton School of Business and a BA degree from Nankai University in China. Abax Lotus Ltd., an affiliate of AGC, is the sole investor in the Company's $40 million note financing which closed in July 2008. Pursuant to an investor rights agreement, Abax has the right to appoint one of the voting members of the Company's board of directors.

Mr. Carl Yeung

Chairman of Audit Committee

Mr. Carl Yeung is the Chief Financial Officer of ATA Inc, a China based, leading provider of computer-based testing and education services in China listed on the NASDAQ Global Market. Prior to that, Mr. Yeung worked as an associate and analyst at Merrill Lynch (Asia Pacific) Limited from 2002 to 2006. Mr. Yeung holds a bachelor's degree in economics with concentrations in finance and operations management from Wharton School, University of Pennsylvania, and a bachelor's degree in applied science with concentration in systems engineering from School of Engineering and Applied Sciences, University of Pennsylvania.

Mr. Lawrence W. Leighton

Compensation Committee Chairman

Mr. Leighton has had an extensive 40 year international investment banking career. Beginning at what is now Lehman Brothers, he advised on financing for the Mexican Government and leading Mexican corporations. As Director of Strategic Planning for the consumer products company, Norton Simon Inc, he initiated and executed the acquisition of Avis Rent-a-car. Subsequently, he was a Limited Partner of Bear Stearns & Co., a Managing Director of the investment bank of Chase Manhattan Bank and then President and Chief Executive Officer of the U.S. investment bank of Credit Agricole, the major French Bank. Among his transactions have been advising Pernod Ricard, the major European beverage company, on its acquisitions in the United States; and advising Verizon, the major U. S. telecom company, on its dispositions of certain European operations. Mr. Leighton received his BSE degree in engineering from Princeton University and an MBA degree from Harvard Business School. He holds a commercial pilot's license with instrument rating.

Last changed at 05-Mar-2009 03:37PM
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