omniture

China Organic Agriculture, Inc. Names Mr. Bo Shan as New Chief Financial Officer

China Organic Agriculture, Inc.
2010-01-16 04:23 1340

SHENZHEN, China, Jan. 16 /PRNewswire-Asia-FirstCall/ -- China Organic Agriculture, Inc. (OTC Bulletin Board: CNOA) ("China Organic Agriculture" or the "Company"), a company headquartered in the Liaoning province in China engaged in the trading and distribution of agricultural products, today appointed Mr. Bo Shan as its new Chief Financial Officer.

Mr. Bo Shan, Chinese Certified Public Accountant, is 30 years old and is a graduate of the Hebei University of Economics and Business with a degree in Accounting. Prior joining the Company, Mr. Shan served as the senior accountant and deputy director in Zhonglei Certified Public Accountants Co., Ltd., a well known professional accounting firm in China, which offers a full range of professional services involving auditing, accounting, tax consultation, management consulting and capital verification.

During his professional practice at Zhonglei, Mr. Shan managed the annual audit of Shenzhen CAU Technology in 2007 and for the China Baoan Group in 2008, both of which are Chinese public companies. Mr. Shan also acted as a financial advisor for the Rongxin Power Electronic IPO in March 2007, and for China Baoan Group when it acquired HongJi Real Estate Group in 2008. Mr. Shan has recently managed the project that upgraded China Baoan Group's internal control system. In addition to overseeing CNOA's overall financial affairs, Mr. Shan will focus on merger and acquisition opportunities while strengthening the Company's internal controls to support future expansion of CNOA.

"I look forward to developing new opportunities to expand our current businesses," said Mr. Shan, "And I will strive to improve our management and operating efficiencies by further upgrading the Company's financial and internal control systems"

"Bo's energy and solid experience in financial management, controls and M&A are very well suited with the Company's current expansion strategy", said Mr. Jinsong Li, CEO of China Organic Agriculture. "Mr. Shan replaces Mr. Weihong Xia as Chief Financial Officer of China Organic Agriculture who is no longer with the Company, effective on January 15, 2010."

About China Organic Agriculture

China Organic Agriculture is based in China and is primarily engaged in the acquisition, trading and distribution of agricultural products. For more information, please visit: http://www.chinaorganicagriculture.com .

FORWARD-LOOKING STATEMENTS: This document includes forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning future acquisitions, estimates of, and increases in, production, cash flows and values, statements relating to the continued advancement of China Organic Agriculture's products and other statements which are not historical facts. When used in this document, words such as "could," "plan," "estimate," "expect," "intend," "may," and similar expressions denote forward-looking statements. Although China Organic Agriculture Inc. believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include, but are not limited to, those set forth in our reports filed with the Securities and Exchange Commission, together with the risks discussed in our press releases and other communications to shareholders issued by us from time to time, such as our ability to raise capital as and when required, the availability of raw products and other supplies, competition, the costs of goods, government regulations, and political and economic factors in the People's Republic of China in which our subsidiaries operate.

For more information, please contact:

China Organic Agriculture, Inc.

Hans Shen

Tel: +1-707-709-2321

Email: IR@cnoainc.com

Source: China Organic Agriculture, Inc.
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