CBI China Bio

    RNS Number : 0109H
  China Biodiesel International Hold
  30 October 2008
   

    China Biodiesel International Holding Co., Ltd. ('CBI' or the 'Company')

    Directorate Change

    The Company today announces that Ping Xu has resigned as a non-executive director of the Company with immediate effect.

    The board would like to thank Mr Xu for all his efforts over the past years and wish him every success for the future.

    The Board has decided not to fill the vacated position at present as a cost-saving measure in the current economic climate. Two UK-based
Non Executives continue to serve on the Board of Directors. 



    For further information:

    Gloria He, CFO: +86 (592) 7191103
    James Wang, Company Secretary: +86 (592) 7191109

    Allan Piper or Lei Jiang
    First City (China) Ltd: +44 (0) 207 242 2666/ +852 2854 2666

    Tom Price or Bobbie Hilliam
    Evolution Securities: +44 (0) 207 071 4300

This information is provided by RNS
The company news service from the London Stock Exchange
 
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