China Natural Gas: Chairman's Exclusivity With Private Equity Consortium Terminates While Take-private Discussions Continue

2011-09-02 21:38 949

XI'AN, China, September 2, 2011 /PRNewswire-Asia/ -- Mr. Qinan Ji, Chairman and Chief Executive Officer of China Natural Gas, Inc. ("China Natural Gas" or the "Company") (Nasdaq: CHNG), announced today that the exclusive agreement that he entered into with Themes Investment Partners ("Themes") terminated on August 31, 2011. Themes continues to be interested in a potential investment. Mr. Ji continues to seek out alternative sources of funding for the going-private transaction.

Fore more information, please contact Mr. Qinan Ji's personal assistant:

Mr. Hao Qu
Mobile: + 86 158 2938 0917

Source: China Natural Gas, Inc.
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