ANHUI, China, May 6, 2008 (PRIME NEWSWIRE) -- China Runji Cement Inc. (OTCBB:CRJI) ("Runji" or "the Company"), a leading cement manufacturer in Anhui Province, PRC, today announced the appointment of Ms. Xiangfei Zeng as its new CFO effective, May 1, 2008.
Ms. Zeng will be responsible for overseeing the Company's overall financial planning, control and reporting activities. Before joining Runji, Ms. Zeng had been the financial controller for China World Trade Corporation since November 2004. From 2002 to 2004, Ms. Zeng was the CFO of Fenet Software Co., Ltd. and from 1999 to 2002, Ms. Zeng worked as a financial analysis manager at Zhuhai Oplink Communication Inc. From 1993 to 1999, Mr. Zeng worked as an accountant and financial manager in a China listed company. Ms. Zeng holds a bachelor's degree in Economics from Sun Yat-Sen University and is a China Certified Accountant.
"We are very pleased to have Ms. Zeng join Runji as our CFO," commented Mr. Shouren Zhao, Chairman and CEO of the Company. "Her appointment will greatly improve our financial management, corporate governance, and internal controls and enhance our ability to provide transparent and high quality disclosure to the investment community."
About China Runji Cement, Inc.
China Runji Cement ("Runji or the Company") is one of the leading players in cement production and distribution in Anhui Province, China. The Company's certified manufacturing facilities contain cutting-edge technology and advanced equipment that are capable of producing over one million tons of cement annually. Runji's main products are high quality grade PII52.5 cement and general grade PO42.5 silicate cement sold under the "Runji" brand. The Company's solid client base and customer-orientated services have allowed Runji to dominate the local cement market. For more information on the Company and its products, please visit http://www.chinarunji.com/index.asp.
Safe Harbor Statement
This press release contains certain statements that may include 'forward looking statements' as defined in the Private Securities Litigation Reform Act of 1995. These forward looking statements are often identified by the use of forward-looking terminology such as "believes, expects, anticipate, optimistic, intend, will" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with and available from the Securities and Exchange Commission. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.