Posted by Davy on October 9th, 2007 in Stock Research
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In my last update on this company, I speculated that part of the problems with their stock price had to do with invester relations and the relative lack of experience on the part of the CFO, who’s only 33 years old. Well, it looks like the company agreed as they’ve brought in a new CFO, Weidong Huang. The press release suggests that his main focus will be on investor relations.

My initial (and uninformed) reaction is positive. It’s difficult to get much background information on these Chinese personnel so I can’t speak on the guy’s background or credentials. But the company is analyzing its shortcomings and taking tangible actions to address them promptly. That’s exactly what I like to see in management.