C-Level: Li To Fill-In As Renhuang Pharma CFO
August 9, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Renhuang Pharmaceuticals, Inc. (AMEX: CBP) said that Yan Yi Chen, the company's chief financial officer, resigned for personal reasons on August 3. Until a replacement is named, all accounting and finance functions will report directly to Guojian Li, the firm’s finance manager.
The company said it has begun a search for a suitable replacement for Chen.
During Chen's tenure Renhuang became a fully-reporting company and obtained a listing on The NYSE AMEX. Guojian Li has been in senior finance roles at the company for six years.
China-based Renhuang Pharmaceuticals is engaged in the research, development, manufacturing, and distribution of botanical products, bio-pharmaceutical products, and traditional Chinese medicines in the People's Republic of China.
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