China Ritar Power Corp., a manufacturer of lead acid batteries, has appointed Aijun Liu as the company's new CFO effective January 18, 2010. Liu will replace Cai Zheng Hua who will remain with the company as the chief accounting officer.
Liu was the chief accounting officer of the Company's subsidiary, Shenzhen Ritar Power Co., Ltd. and was in charge of accounting and finance from April 2007 to December 2009. Prior to this, Liu served as a director of Investment Bank Department with China US Venture Capital Group Limited and provided investment banking service to Chinese enterprises for listing on American exchanges from September 2005 to March 2007.
From August 2002 to August 2005, Liu served as an Audit Manager with the Shenzhen Zhongheng Certified Public Accountants Co., Ltd. From June 1997 to July 2002, Liu was the financial manager of Shenzhen Wanji Pharmacy Co., Ltd., a company engaged in the business of research, manufacturing and selling medicines. Liu is a CPA and holds a lawyer's certificate of qualification in China. Liu received a Bachelor's Degree in Accounting from Jinan University and obtained a Master's degree in Law from Wuhan University.