Unassociated Document
UNITED
STATES SECURITIES AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
Current
Report Pursuant to Section 13 or 15(d)
Of
the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): October
24, 2008 (October 23, 2008)
CHINA
NATURAL GAS, INC.
(Exact
Name of Registrant as Specified in its Charter)
Delaware
(State
or
Other Jurisdiction of Incorporation)
000-31539
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98-0231607
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(Commission
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(IRS
Employer
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File
Number)
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Identification
No.)
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Tang
Xing Shu Ma Building, Suite 418
Tang
Xing Road
Xian
High Tech Area
Xian,
Shaanxi Province, China 710065
(Address
of Principal Executive Offices) (Zip Code)
86-29-88323325
(Registrant’s
Telephone Number, Including Area Code)
(Former
Name or Former Address, if Changed Since Last Report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
o
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
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Item
5.02. Departure of Chief Financial Officer and Appointment of New Chief
Financial Officer
On
October 23, 2008, Ms. Lihong Guo resigned from the CFO position to be reassigned
to another position within the finance department of China Natural Gas, Inc.
(the “Company”). Ms. Guo did not have any disagreements with the Company prior
to her reassignment.
On
October 23, 2008, Mr. Richard P. Wu was appointed CFO of the Company. Mr. Wu
has
over 12 years of experience in finance and operations. Prior joining the
Company,, he served as COO and Interim CFO of China Operation at Tejari World
FZ
LLC, one of the largest online e-procurement service providers and B2B portal
operators in the Middle East. In this capacity, he designed and constructed
the
China Operation’s financial and accounting infrastructure and systems to support
the company’s growth in China. Mr. Wu served as CFO and Corporate SVP of The
Alliancepharm US LLC from 2003 to 2007, where he assumed full financial and
accounting responsibility for the multi-million-dollar sourcing and contract
manufacturing businesses in the area of active pharmaceutical ingredients.
Prior
to that, he was CFO and Corporate EVP of Meetchina.com Inc., a pioneering online
cross-border e-commerce portal in China. Earlier in his financial career, Mr.
Wu
was Senior Finance Director at Motorola Inc., and investment banking associate
at Lehman Brothers Holdings, Inc.
Mr.
Wu
received his Master of Business Administration in Finance from The Wharton
School, University of Pennsylvania, and a Master of Justice Administration
from
Indiana University. He also holds a Master of Law from China University of
Political Science & Law. He is a licensed lawyer of the People’s Republic of
China and practiced law in Beijing, China for 5 years.
Item
7.01 Regulation FD Disclosure
On
October 23, 2008, the Company issuesd a press release announcing the appointment
of Mr. Richard Wu as CFO of the Company. The press release is attached as
Exhibit 99.1 to this report on Form 8-K.
The
information contained in this Current Report on Form 8-K and the exhibits
attached hereto shall not be deemed to be “filed” for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or
otherwise subject to the liabilities of that section, nor shall such information
or such exhibits be deemed incorporated by reference in any filing under the
Securities Act of 1933, as amended, or the Exchange Act, except as shall be
expressly set forth by specific reference in such a filing. The information
set
forth in or exhibits to this Form 8-K shall not be deemed an admission as to
the
materiality of any information in this report on Form 8-K that is required
to be
disclosed solely to satisfy the requirements of Regulation FD.
Item
9.01 Financial Statements and Exhibits.
(c)
Exhibits
99.1
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Copy
of Press Release, dated October 23,
2008.
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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CHINA
NATURAL GAS, INC.
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(Registrant)
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Date: October
24, 2008
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By:
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/s/ Qinan
Ji
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Chief
Executive Officer
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