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Pharma Watch: Lu Named Interim CFO At Renhuang

August 23, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Renhuang Pharmaceuticals, Inc. (AMEX: CBP) said that it has appointed Xiaoying Lu as its interim chief financial officer, while the company seeks a permanent replacement.

Lu will be responsible for managing all financial functions, including, financial management, reporting, risk management and managing the financial budget, while Renhuang continues to search for a new CFO.

Upon his or her appointment, Lu will transition to the role of an assistant to the CFO.

Prior to joining Renhuang's financial department on August 13, Lu was director of accounting at Harbin Santong Energy Ltd. Co., an enterprise with more than 500 employees, where she served for over 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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