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China Evergreen Announces Appointment of New Chief Financial Officer.


GUANGZHOU, China -- China Evergreen Environmental Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CEEC CEEC Central and Eastern European Country
CEEC College Entrance Examination Center
CEEC Comité Européen pour l'Enseignement Catholique (Belgium)
CEEC Commerce and Engineering Environmental Conference
), a waste water engineering company in the People's Republic People's Republic
n.
A political organization founded and controlled by a national Communist party.
 of China, announced its appointment of Peh Chung Lim as its new Chief Financial Officer. Ren Cai Ding, who has resigned as Chief Financial Officer of the company, will act as senior advisor In some countries, a Senior Advisor is an appointed position by the Head of State to advise on the highest levels of national and government policy. Sometimes a junior position to this is called a National Policy Advisor.  to the company.

Mr. Lim is a Malaysian national with more than 10 years of financial management experience with large multi-national corporations in Malaysia, Singapore, Indonesia, Taiwan and the People's Republic of China. Mr. Lim is a member of CPA Australia CPA Australia is one of three professional accounting bodies in Australia, the others being the National Institute of Accountants and the Institute of Chartered Accountants of Australia.  and has a degree in Economics from Monash University Facilities in are diverse and vary in services offered. Information on residential sevices at Monash University, including on-campus (MRS managed) and off-campus, can be found at [2] Student organisations  in Melbourne, Australia. Mr. Lim joins China Evergreen as the company embarks upon a rapid-growth strategy and continues to access the capital markets to fund future growth to enhance shareholder value. As the company's new Chief Financial Officer, Mr. Lim brings his extensive background in financial management to guide China Evergreen in this crucial stage of the company.

About China Evergreen Environmental Corporation

China Evergreen Environmental Corporation is a leading designer, engineer and developer of waste water treatment facilities in China. With its proprietary technology resources and project management experience, the company provides both turnkey and BOT (build-operate-transfer) services to a range of industrial companies and municipalities throughout China. The company also makes sales of its proprietary GM Bio-carriers, a natural, chemical-free process that improves the efficiency of the waste water treatment process.

The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995 provides a safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 for forward-looking statements made on behalf of the company and its subsidiaries. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by the company may differ materially from these statements due to a number of factors. Any forward-looking statements speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to the acquisition, beliefs, plans, expectations, or intentions regarding the future. Risk factors that may cause results to differ from projections include, without limitation, loss of suppliers, loss of customers, inadequate capital, competition, loss of key executives, declining prices and other economic factors. The company assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 30, 2005
Words:396
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