Category Leaders on the Move

China Automotive Promotes Wu to CEO

China Automotive Systems Promotes Co-Founder and COO Wu to CEO; Promotes Li to CFO
September 25, 2007: 11:55 AM EST

NEW YORK (Associated Press) – China Automotive Systems Inc., a supplier of power steering components and systems, said Tuesday it promoted co-founder and Chief Operating Officer Qizhou Wu to chief executive.

Wu, 42, succeeds Hanlin Chen, who will continue to serve as chairman.

The company also promoted Jie Li from corporate secretary to chief financial officer. Li, 38, takes over as CFO from Daming Hu, who is now chief accounting officer.

Both positions are effective immediately.

Shares of China Automotive Systems gained 35 cents, or 4.3 percent, to $8.50 in midday trading. The stock has traded in a range of $5.72 to $13.39 over the past 52 weeks.

Microsoft Appoints COO For Greater China Region

October 11, 2007
Microsoft (MSFT) has, for the first time, set a chief operating officer position for the Microsoft Greater China region and appointed Eugenio Beaufrand as its first COO.

Eugenio Beaufrand is responsible for sales, marketing and service and focuses on improving clients’ and partners’ satisfaction. As a top manager of the company, he is also responsible for providing support to the main clients of Microsoft in the region.

As COO, Beaufrand will be responsible for overseeing sales, marketing, and services operations in the market. His responsibilities will include a strong focus on driving customer and partner satisfaction as well as providing support to Microsoft’s major clients in the region.

Eugenio Beaufrand will report to Zhang Yaqin, chief executive officer of Microsoft Greater China region.

A seasoned, 23-year veteran of Microsoft, Beaufrand most recently held the position of vice president, Microsoft Latin America, where he led the region to four highly successful years of unprecedented growth. Beaufrand is a native of Maracaibo, Venezuela and has a Bachelor of Science in Business Administration and Economics from the Lewis and Clark College in the United States.

Sino Fibre Communications Appoints Ben Yan As COO

Sino Fibre Communications Corp. (SFBE.OB) revealed that it named Ben Yan as Chief Operating Officer.
Yan has been working on developing the Company’s North American business development and is now prepared to take a more active role in its overall achievement particularly as it relates to the build out of our service offering in China.

In addition, Sino Fibre Chairman, President & CEO, Matthew Mecke has announced his intent to focus on his role as Chairman of the company and relinquish his titles of President & CEO as soon as a new CEO can assume this roll. Mecke would continue to focus on U.S. Investments, Shareholders, and related Company activity.

CHINA: China Organic Agriculture appoints CEO

One of China’s leading producers of organic rice China Organic Agriculture has appointed Zhidong Li as its CEO.

In a statement, the company said that Li has held positions as CEO, COO and marketing director, as well as investment banker, fund manager and asset manager. At age 27, he was the youngest fund manager for Alliance e-Finance in Australia, managing hundreds of millions of dollars in investments, the company said.

“We are very excited about welcoming Mr. Li to China Organic and we believe his unique mix of experience and expertise will assist us during this high-growth period of our company’s development,” said Huizhi Xiao, chairman of China Organic Agriculture. “I believe that his insightful leadership will serve every member of the China Organic team and ultimately enable us to reach ever higher levels of shareholder value. His decision-making and business tactics will benefit the Company greatly by allowing us to explore new business opportunities to expand our operations.”

China Education Resources Appoints Danny Chi Tak Hon As CFO

10/17/2007 2:46:40 PM China Education Resources Inc. (CHN.V, CHNUF.PK ) announced that it has appointed Danny Chi Tak Hon as Chief Financial Officer.

Hon joined CER from his current position as Partner of Hon & Wong, Certified General Accountants.

Hon was Chief Financial Officer of Silvercorp Metals from October 2004 to August 2006 and Chief Financial Officer of Jinshan Gold Mines Inc. from March 2003 to October 2003.

Big American Names Join Chinese Company

NEW YORK (AP) — The Chinese news and broadcast company Xinhua Finance Media Ltd. added two big names in American media to its board, appointed two other new directors and named a new internal auditor Thursday.

Larry Kramer, founder and former CEO of MarketWatch, a financial news Web site now owned by Dow Jones & Co., and Steve Richards, chief operating officer of Silver Pictures, which has produced such movies as “V for Vendetta” and the “Matrix” series, are the two newest Americans on the publicly held company’s board.

The announcement came a day after Beijing-based Xinhua said The Yucaipa Cos., the southern California investment firm controlled by billionaire Ron Burkle, had taken a stake of undisclosed size in Xinhua. David Olson, a partner in Yucaipa, which counts former President Bill Clinton among its advisers, also will join Xinhua’s board, the company said Wednesday.

The two other directors appointed Thursday are Li Shantong, former director general of the Department of Development Strategy and Regional Economy at the Development Research Center of China’s State Council, and Teddy Liu Weidong, head of Xinhua Finance Media’s advertising group.

Xinhua Finance Media said the changes were intended to “enhance … corporate governance.”

Its chief finance officer resigned in May at the same time Barron’s reported that it had failed to disclose information in its initial public offering documents about disciplinary action taken against a brokerage firm that the former CFO ran.

Independent directors now hold a 7 to 5 majority on Xinhua Finance Media’s 12-person board. The company’s new internal auditor is Henry Heung-Ming Wong.

Xinhua Finance Media, a business publisher and broadcaster, is a subsidiary of Xinhua Finance Ltd., a Chinese financial information and media company led by American-born Fredy Bush.

Xinhua Finance Media’s shares soared Wednesday following news of the Yucaipa investment but slipped back 23 cents, or 2.6 percent to close at $8.55 on Thursday. They are still well below their $13 price at their initial public offering in March.

China 3C Group Appoints New Chief Financial Officer

ZHEJIANG PROVINCE, China, Oct. 8 /PRNewswire-FirstCall/ — China 3C Group , a retailer and distributor of consumer and business products in China, announced today the appointment of Weidong Huang as chief financial officer.

Huang, the newly appointed CFO commented, “I am extremely pleased to have been appointed to this role. I understand the importance of good communication to investors and giving investors the information they need to evaluate our company. I look forward to meeting with more investors.”

China 3C CEO Zhenggang Wang said, “We are extremely pleased to appoint Weidong Huang as our new CFO. He understands the nuances of our industry as well the importance of communicating effectively with investors. With his previous experience as a General Manager of an investment consulting company, he understands the importance of good communication with investors and he is prepared him to work with the financial community. He will be a major asset for us as we continue to grow our company.”

China 3C expects the appointment of the new CFO to have no effect on previously issued guidance and to have no effect on the ability of the company to report third quarter results on time.

About China 3C

China 3C Group is a leading retail chain operating retail outlets in Eastern China. The company specializes in selling 3C products (communication, information technology and digital) in China. Among China 3C’s primary attributes is its efficient distribution network and rapid logistics system. The company’s goal is to become the number one retailer of 3C products in China. For more information, visit http://www.china3cgroup.com.

A profile for investors can be accessed at http://www.hawkassociates.com/chcgprofile.aspx. For investor relations information regarding China 3C, contact Frank Hawkins or Ken AuYeung, Hawk Associates, at (305) 451-1888, e-mail: info@hawkassociates.com. An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com. To receive free e-mail notification of future releases for China 3C, sign up at http://www.hawkassociates.com/email.aspx.

Forward-looking Statements:

Certain of the statements set forth in this press release constitute “Forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We have included and from time to time may make in our public filings, press releases or other public statements, certain forward-looking statements, including, without limitation, those under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part II, Item 7. In some cases these statements are identifiable through the use of words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “project,” “target,” “can,” “could,” “may,” “should,” “will,” “would” or words or expressions of similar meaning. You are cautioned not to place undue reliance on these forward- looking statements. In addition, our management may make forward-looking statements to analysts, investors, representatives of the media and others. These forward- looking statements are not historical facts and represent only our beliefs regarding future events, many of which, by their nature, are inherently uncertain and beyond our control. There can be no assurance that such forward- looking statements will prove to be accurate and China 3C Group undertakes no obligation to update any forward-looking statements or to announce revisions to any of the forward-looking statements.

Microsoft’s China boss quits to head NBA in China

BEIJING (Reuters) – The chief executive of Microsoft Corp’s Greater China business, Chen Yongzheng, has resigned, the world’s largest software maker said on Wednesday.

In a statement on its China Web site, Microsoft said its global vice president, Zhang Yaqin, would take over as acting Greater China chief while it sought a permanent replacement.

The New York Times reported on its Web site that the National Basketball Association (NBA) had hired Chen to head a Chinese subsidiary that it is setting up, a move highlighting the growing importance of China to the sport and to the NBA.

President & CEO of Russell Reynolds Associates

Multinational companies in China face a special challenge in terms of finding their own way to adapt to the local environment. And finding the right staff to achieve this could prove critical to the survival of any start-up company. In today’s interview, we speak with the President & CEO of Russell Reynolds Associates… about key issues in effective recruitment.

China Netcom’s vice chairman, executive dir resign

HONG KONG, July 13 – China Netcom Group Corp. (Hong Kong) Ltd. , the smaller of the country’s two fixed-line operators, said its vice chairman Tian Suning had resigned due to a heavy workload from his other business.

Executive director Miao Jianhua also resigned and had taken a position at China United Telecommunications Corp., the company said in a statement late on Thursday.

Li Jianguo has been appointed to replace Miao as an executive director and chairman of the board’s supervision committee with effect from July 12.

Li holds a senior management position in Netcom’s parent, China Network Communications Group Corp. and was an executive director of China Unicom Ltd. .