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Keyuan Petrochemicals (SVPE.OB) Announces the Appointment of Ms. Aichun “Angela” Li as Chief Financial Officer

Keyuan International Group Limited, a leading independent manufacturer and supplier of various petrochemical products in China, recently announced that the company has appointed Ms. Aichun “Angela” Li as its chief financial officer. With more than a decade of corporate finance and accounting experience, Ms. Li is a certified public accountant and earned her MBA degree from the Fuqua School of Business at Duke University.

Prior to joining Keyuan Petrochemicals, Ms. Li managed the financial reporting, forecasting and planning for several multi-million P&L accounts as a member of the CFO Group with Bank of America. Ms. Li also served as a senior accountant with Nucor Corporation, one of the leading steel manufacturing companies. In this role, she provided internal financial and tax consulting to 36 divisions and various subsidiaries. Her financial experience also includes serving as a consultant with Deloitte & Touche LLP, where she analyzed financial reports and conducted complex tax planning and compliance for a variety of organizations.

Mr. Chunfeng Tao, chairman, chief executive officer and president of Keyuan International Group Limited, stated, “The addition of Ms. Li as chief financial officer will further strengthen the capabilities of the Keyuan management team as we execute as a newly public company and expand our production and storage capacity to capitalize on China’s growing demand for refined petrochemical products.” Mr. Tao continued, “Ms. Li will bring both corporate and capital markets experience to Keyuan as we seek to build shareholder value by efficiently executing our growth strategy and increasing our visibility within the investment community.”

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