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China Valves Technology, Inc. Appoints Two New Independent Directors.

Publication: PR Newswire
Publication Date: 25-NOV-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
KAIFENG, China, Nov. 25 /PRNewswire-Asia-FirstCall/ -- China Valves Technology, Inc. (BULLETIN BOARD: CVVT) ("China Valves" or the "Company"), a leading metal valve manufacturer with operations in the People's Republic of China (the "PRC"), today appointed two new independent members to its Board of Directors.

The Board of Directors of China Valves appointed Mr. Peter Li and Mr. William Haus as new independent directors. The effective dates for director contracts with Mr. Li and Mr. Haus are as of November 22, 2008 and December 1, 2008, respectively. Ms. Huifeng Chen and Mr. Renrui Tang voluntarily resigned from the Board of Directors on November 22, 2008. The size of the Company's Board of Directors remains at five members.

Mr. Li was also appointed to serve as chairman of the Company's audit...

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