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China 3C Group Announces New Chief Financial Officer

2009-06-19 14:24 1896

HANGZHOU, China, June 19 /PRNewswire-Asia-FirstCall/ -- China 3C Group ("China 3C" or the "Company") (OTC Bulletin Board: CHCG), a retailer and wholesale distributor of consumer and business products in China, today announced that it has promoted Jian Zhang to the post of Chief Financial Officer. Mr. Zhang replaces Weidong Huang, who has resigned in order to pursue other interests.

Mr. Zhang has over ten years of experience in financial accounting and reporting. Since 2006, he has served as Chief Accounting Officer with Zhejiang Yong Xin Digital Technology Company Limited, a subsidiary of China 3C where he was responsible for the coordination of audits and proper filing of the Company’s quarterly and annual reports. He also played a role in the oversight of the accounting department to ensure the proper maintenance of all accounting systems and functions. From 1999-2006, he served as Deputy Chief of Accounting with Guangdong Xidea Technology Group, a large-scale diversified manufacturer and investment company. Prior to this position, he was Deputy Chief of Accounting with Guangdong Shunde Hongji Group, a furniture manufacturer with more than 200 employees. Mr. Zhang holds a Bachelor’s Degree in Accounting from Renmin University of China.

Mr. Zhenggang Wang, Chairman and Chief Executive Officer of China 3C, commented, "I would like to thank Mr. Huang for his contribution to the Company, and wish him well in his future endeavors. Jian has a very strong background in accounting and a solid track record at the Company. I am confident that Jian’s financial experience and capabilities will facilitate a smooth transition and I look forward to working more closely with him to further enhance the Company’s performance."

About China 3C Group

China 3C is a leading wholesale distributor and retailer of 3C merchandise: computers, communication products and consumer electronics. The Company specializes in wholesale distribution and retail sales of 3C products in Eastern China, focusing on products that make life more comfortable, convenient and connected. The Company’s goal is to become the number one retailer of 3C products in China. For more information, visit http://www.china3cgroup.com .

Source: China 3C Group
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