Asia Cement Names Wu Ling-ling as CFO

Asia Cement (China) Holdings Corporation has announced that WU, Ling-ling has been appointed as an executive Director and the Chief Financial Officer with effect from 14 April 2016. Wu replaces Chiang Shao Ruey-huey.

Wu, aged 49, has served as the chief financial officer and executive vice president of Asia Cement Corporation, the controlling shareholder of the company and a limited liability company incorporated in Taiwan with its shares listed on the Taiwan Stock Exchange Corporation, and its affiliate, Far Eastern Group of Taiwan, since 2007.

Wu serves as a director and supervisor for more than 30 companies including being a supervisor and former member of the board of directors of Oriental Union Chemical Corporation, a company listed on the Taiwan Stock Exchange Corporation, and a supervisor of Chia Hui Power Corporation, a subsidiary of Asia Cement Corporation.

Wu is also a former Executive Director of China Shanshui Cement Group Limited whose shares are

listed on The Stock Exchange of Hong Kong Ltd serving from 14 October 2015 to 1 December 2015.

Wu has also been the Chief of Staff of the Company since September 2014. From June 2001 to

July 2007, Wu served as Vice President of Internal Audit Department and Corporate Controller  

of Far EasTone Telecommunications Co., Ltd., also a listed affiliate of the FEG.

Wu has more than 30 years of experience working with international public accounting, manufacturing, telecommunications and internet service provider and she has extensive experience in the cement industry in the People’s Republic of China as well as abroad.

Wu has financial expertise in mergers and acquisitions, working capital management, process   control,  and  regulatory  accounting  and  reporting.  She  specializes  in supporting corporate strategy including streamlining, controllership, and growth initiatives.

She has been successful in leading both corporate turnarounds and rapid growth expansion   through two initial public equity offerings and multiple acquisitions.

In addition, with her experience in public and private companies in United States, Hong  Kong and Taiwan, Wu also has in-depth experience and knowledge of corporate governance and best practices.

Wu is a certified public accountant registered in the United States and Taiwan. She received a Master of Business Administration degree having majored in Accounting from the California State University, Los Angeles in 1993 and a Master of Business Administration degree from National Chengchi University in Taipei, Taiwan in 2008.

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