China New Borun announces resignation of CFO
China New Borun announced that Yuanqin Chen, the company's CFO, has resigned to accept a position with another company, effective as of July 13, 2018. Chen confirmed that his resignation did not result from a disagreement with the company on any matter relating to its financial policies or practices, including its internal controls or audit related matters. The company's board of directors is proactively seeking Chen's replacement. Meanwhile, the company also announced that Jijuan Wang will act as CFO in the interim. Wang, who joined Borun since 2010, is now the finance manager of the company, with more than 12 years' experience in finance and accounting, strategic financial planning and budgeting.