Baoding, China - October 29, 2009, Baoding, China - Orient Paper, Inc. announced the appointment of Drew Bernstein, Wenbing Christopher Wang, and Zhaofang Wang to its board as independent directors.
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Mr. Bernstein is a co-founder and managing partner of Bernstein & Pinchuk LLP (B&P), an accounting firm headquartered in New York. Mr. Bernstein, a certified public accountant, received his BS degree from the University of Maryland Business School. He is a member of the American Institute of Certified Public Accounts (AICPA), The New York State Society of Certified Public Accounts (NYSSCPA) and The National Society of Accountants (NSA). Upon joining the Board, Mr. Bernstein will serve as the Chairman of the Audit Committee.
Mr. Wenbing Christopher Wang has been President and Director of Fushi Copperweld, Inc. ("Fushi"), a NASDAQ listed company, since January 21, 2008. Mr. Wang also served as Fushi's Chief Financial Officer from December 13, 2005 to August 31, 2009. Prior to Fushi, Mr. Wang worked for Redwood Capital, Inc., China Century Investment Corporation, Credit Suisse First Boston and VCChina in various capacities. Fluent in both English and Chinese, Mr. Wang holds an MBA in Finance and Corporate Accounting from Simon Business School of University of Rochester. Mr. Wang was named one of the top ten CFO's of 2007 in China by CFO magazine. Mr. Wang currently serves as a director of NYSE listed General Steel Holdings and NASDAQ listed China Integrated Energy, Inc. Mr. Wang will serve as the Chairman of the Board's Nominating Committee.
Ms. Wang's work experience spans over a decade. She currently works as a Director of Research and Development, China National Pulp & Paper Research Institute (CNPPRI), a national research and higher education institution in Beijing, the capital of China. She has also served as Director of the Urban Development Department, Ministry of Housing and Urban-Rural Development of the People's Republic of China (MOHURD). Ms. Wang has a Bachelor's degree in Economic Management from University Guanghua School of Management, Beijing and is a certified Senior Economist in the People's Republic of China. Ms. Wang will serve as the Chairwoman of the Board's Compensation Committee. ■