SOURCE: Huayue Electronics, Inc

Huayue Electronics, Inc

October 16, 2014 12:19 ET

Huayue Electronics Inc Announces Addition of Three New Board Members

NEW YORK, NY--(Marketwired - Oct 16, 2014) - Huayue Electronics Inc (OTCQB: HUAY), a leading manufacture and distributor for LED and induction lighting related products based out of P.R.C., announces three new additions marking the formation of its elite Board of Directors.

HUAYUE's three newest Board members are:

David Heslop - David completed an MBA from London Business School which prepared him well for an early position with Baxter Travenol setting up International Markets. He moved on into the Automotive Sector eventually heading up both Kia and Mazda in the UK. For the past 8 years he has run his own venture supporting Start ups, growth and transformation, raising funds and private investments. David has three children and enjoys playing and listening to music.

Matthias Mueller - Matthias has 25 years in the high tech and IT industry with a clear focus on bringing new technologies to the market, and delivering breakthrough solutions to customers. Mr. Mueller spent 10 years earlier in his career leading a team of 150+ engineers at Hewlett-Packard responsible for the design, development, implementation and maintenance of the world-wide IT manufacturing systems for HP's $20 Billion imaging business. This encompassed businesses in Asia, Europe and the Americas. Matthias is currently working as the general manager of SYSTEMA, where he is responsible for worldwide business development, sales and project management of end to end (equipment control to ERP) system integration of our customers in the area of discrete manufacturing, covering industries such as Semiconductor, Medical Devices, Automobile and Metals and Mining. 

Glenn Henrickson (Chairman of the Audit Committee) - Glenn is a founding partner of CIF Hong Kong (CIF) and Asia Technology Management (ATM), consulting firms that advise banks, non-bank financial institutions and corporations in Asian and EMEA emerging markets in various aspects of finance and management. Clients include a broad range of public and private institutions including: Asian Development Bank, National Development and Reform Commission of the State Council (PRC), Credit Orienwise (PRC), Woori Global Markets Asia Limited (Hong Kong), African Development Bank, East African Development Bank, and Union Bank of the Philippines. Other SME clients include Shanghai Whyte Pharmaceuticals and Yongji Wenchang Chicken farms. Mr. Henricksen has served on the Board of Directors of several US listed companies; Agrisolar (AGSO.BB), CTX Technologies (CTXV.PK) and Santa Fe Gold (SFEG.BB). Currently, Glenn is a member of the Board of Governors of the American Club in Hong Kong.

Previously, Glenn worked in various portfolio management and risk management roles for the African Development Bank, Bear Stearns, BlackRock Financial Management, New York Life, and Prudential Bache Securities. Glenn received a BS/MBA degree from the State University of New York at Buffalo in 1982. He is an US citizen, permanent resident of Hong Kong.

"We are delighted to welcome these three new members to our Board of Directors," said Shudong Pan, President and CEO of Huayue Electronics Inc. "As the demand of our products becomes increasingly global, Board members with their breadth of experience are essential assets to the organization in terms of opening market channels and guiding the Company in different market sectors. These highly successful leaders will play a vital role in guiding HUAYUE in its mission to expand our LED products on a worldwide scale."

The Chairman of HUAYUE's Board of Directors is Shudong Pan, also serving currently as the CEO of the Company. The Chairman of its audit committee is Glenn Henrickson, founding partner of CIF Hong kong and Asia technology Management. For a full list of Huayue Electronics Inc., Board of Directors, biographies and additional information about Huayue, please visit website: http://www.cn-huayue.com.cn/english/

About Huayue Electronics, Inc.:
Huayue Electronics, Inc. is a leading manufacture and distributor of efficient lighting related products including LEDs and inductions lamps. The Company was found in 1999 as a manufacture and distributor for electric capacitors and later on revolves into the efficient lighting industry. For over 15 years, the lighting community has trusted HUAYUE to deliver superior quality and innovative solutions. HUAY's currently positioned to expand into the global market with patented technologies and related certifications. For more information, please visit website: http://www.cn-huayue.com.cn/english
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