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China In-Focus: Lee Named CFO At Shuaiyi International

Posted on: Wed, 18 Nov 2009 04:04:00 EST

Symbols: SYID

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Nov 18, 2009 (FinancialWire via COMTEX) --
SYID | Quote | Chart | News | PowerRating -- (Comment on this article at http://www.financialwire.net/2009/11/18/china-in-focus-lee-named-cfo-at-shuaiyi-international/)

November 18, 2009 (FinancialWire) -- Shuaiyi International New Resources Development Inc. (OTCBB: SYID | Quote | Chart | News | PowerRating) has appointed Daniel K. Lee as its new chief financial officer, effective November 16. He replaces Xianfeng Han, who resigned as the company's CFO effective on the same day.

The company has also entered into a 3.5-year employment agreement with Lee.

Lee formerly worked at U.S. financial institutions including Morgan Stanley, Roth Capital Partners and Punk, Ziegel, & Knoell. His management consulting and advisory experience encompasses European and Asian resort and hospitality, consumer digital marketing, e-payment, and aquaculture and seafood.

China-based Shuaiyi is a nutraceutical company that specializes in developing, processing, marketing and distributing a range of agricultural and nutraceutical products consisting of dry Cordyceps Militaris, organic and specialty food products.

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Free annual reports, filings and conference call webcasts for companies mentioned in the news are available via Investrend Syndications (http://investrend.ar.wilink.com/?level=279). Tuesday's issued reports and/or recorded webcasts include Cavico Corp. (OTCBB: CVIC), Thornburg Ltd. Term Income Fund (NASDAQ: THIFX), Apache Corp. (NYSE: APA), Baytex Energy Trust (NYSE: BTE), Citizens, Inc. (NYSE: CIA), Scottish Oriental Smaller Companies Trust PLC (OTC: SCSHF) (London Stock Exchange: SOST), JPMorgan Elect Plc (London Stock Exchange: JPE) and Solitario Exploration & Royalty Corp. (AMEX: XPL).

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