TIDMACE

RNS Number : 7951D

Auhua Clean Energy Plc

02 April 2014

AUHUA CLEAN ENERGY PLC

("Auhua" or the "Company")

Appointment of Chief Financial Officer

2 April 2014: Auhua Clean Energy Plc (AIM: ACE) ("the Company" or "Auhua"), the AIM quoted environmental technology group, is pleased to announce the appointment of Mr Jonathan (Jon) Sumner as chief financial officer of the Company with immediate effect. Mr Jon Sumner succeeds Mr Thng Tien Lung who leaves the Company and also his role as a director of the Company to pursue other business interests. The Board extends its heartfelt gratitude to Mr Thng for his significant contribution to the growth of Auhua and wishes him well in his future endeavors.

Mr Jon Sumner, who is related to Mr David Sumner, the Company's Chairman, is a qualified finance professional with over ten years' international experience in tax and audit, including positions at Ernst & Young, Deloitte & Touche, and PriceWaterhouseCoopers LLP. He also brings considerable experience in Asia and in the renewables sector.

Commenting on his appointment, Jon Sumner said: "I am excited to be joining Auhua and look forward to being part of the management team as we work to further develop and grow the business."

--Ends---

Media Enquiries

 
 Brunswick   Carolina Danspeckgruber   auhua@brunswickgroup.com 
----------  ------------------------  ------------------------- 
 

Further information

 
 Auhua Clean            David Sumner, non-executive    +971 555 923198 
  Energy plc             Chairman                       davidjsumner@auhuacleanenergy.com 
---------------------  ----------------------------  ------------------------------------ 
 Grant Thornton         Philip Secrett / Maureen      +44 (0)20 7383 5100 
  UK LLP (Nominated      Tai /                         jamie.r.barklem@uk.gt.com 
  Adviser)               Jamie Barklem 
---------------------  ----------------------------  ------------------------------------ 
 Peat & Co              Charlie Peat                  +44 (0)203 540 1721 
  (co-broker)                                          Charlie.peat@peatandco.com 
---------------------  ----------------------------  ------------------------------------ 
 Cornhill Capital       Nick Bealer                   +44 (0)20 7710 9610 
  Limited (co-broker)                                  nickb@cornhillcapital.com 
---------------------  ----------------------------  ------------------------------------ 
 Beaufort Securities    Saif Janjua                   +44(0)20 7832 8300 
  (co-broker)                                          Saif.Janjua@beaufortsecurities.com 
---------------------  ----------------------------  ------------------------------------ 
 

About Auhua:

Auhua Clean Energy (www.auhuacleanenergy.com) is an environmental technology group based in the Shandong Province of Eastern China specialising in the development and application of green energy and energy efficient solar water heating solutions. In particular, the Group is focused on the manufacture and sale of split-unit solar water heating systems.

Auhua Clean Energy operates through its wholly owned subsidiaries Shandong Auhua New Energy Co., Ltd and Weihua Auhua New Energy Co., Ltd., of which Auhua Holdings Pte Ltd is the intermediate holding company.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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