China Sunergy Co., Ltd., a specialized solar cell and module manufacturer, announced that it has appointed Yongfei Chen, previously the acting Chief Financial Officer of the Company, as the Chief Financial Officer, effective immediately. Under the employment agreement between China Sunergy and Chen, he is employed for an initial three-year term.
Chen has been the acting CFO of the Company since November 2010. From 2003 to October 2010, Chen worked in China Electric Equipment Group Co., Ltd., or CEEG, China Sunergy's affiliated company, where his last role was as general manager of the finance department.
Prior to that, Chen was an accountant at Yangzhong Sub-branch of China Construction Bank from 1997 to 2002. Chen graduated from Yanshan University in Hebei, China with a bachelor's degree in industrial management engineering in 1997. He is currently a PRC Certified Public Accountant.
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