Huang Pu District, China (PressExposure) July 26, 2013 -- Following the retirement and departure of existing Chief Financial Officer Mr Lee Feng MSc after 10 years of service with China Resources International, the company's board of directors are thrilled to welcome to the team Mr Kevin Zhang BSc MSc, whose long-term and broad experience within the finance and mining industries the board believe will be invaluable to the company for many years to come.
Mr Zhang (52) obtained his undergraduate and graduate degrees in Finance and Economics from the university of Peking in the early 1980's, and throughout his illustrious career has worked in several high level positions with HSBC and DBS banks as well as consulting positions with other financial institutions. Over the past decade his experiences have grown to include executive positions within two major mining outfits based in Australia and in South America.
China Resources Internationals President Mr Wei Feng stated "We will be sad to see Mr Lee Feng leave us after so long, but on behalf of all of our board members and our grateful shareholders, I would like to wish him the very best in his retirement and thank him once again for his many years of loyal service. Apart from this I would like to welcome our incoming CFO Mr Kevin Zhang whose curriculum, attitude and experience make him the ideal replacement for our previous Chief Financial Officer".
According to CEO at China Resources International Mr Yang Wu, newly appointed CFO Mr Zhang joins China Resources International at an opportune moment in time, as the company presently maintains not only a strong balance sheet but also a plethora of opportunities for expansion across the next twelve months.
China Resources International is a privately owned exploration, mining and production company, engaged in the extraction and refinement of precious and base metals, primarily Gold and Zinc. Since the companys early foundations back in 2004 we have seen China Resources International go through a period of exponential growth, thanks to our excellent management team and conducive market conditions, we have been able to grow our company and give our shareholders strong returns on their invested capital. On behalf of the board of directors I would like to thank all our loyal employees, associates and investors for standing by China Resources International during our developmental phase, and for all their help over these past years in making China Resources International what it is today.
With a strong history, an excellent production rate and cash cost per ounce, China Resources International is now in a position to focus on expansion through mergers and acquisitions and it is in this area that we believe the future of the company lies. Through making good use of local infrastructure, and strategic opportunities, China Resources International has become an internationally recognised brand in the gold market. We look forward to continued success, and forming new prosperous relationships, and we know that this can best be achieved by working closely with the local community.
China Resources International
51 F, Raffles City Centre,
268Xi Zang Middle Road,
Huang Pu District Shanghai 200001,