China Organic Agriculture appoints independent director

China Organic Agriculture (CNOA) has announced the completion of an important requirement for listing on a major exchange by appointing Professor Guangwu Zhang as the third independent director on its board.

Basic listing requirements include three independent directors, maintaining certain average volume levels and achieving the stock price required by the exchange on which we seek to list.

"The appointment of a third independent director marks the completion of two out of the three basic listing requirements for China Organic Agriculture,” says CEO Jinsong Li.

“Our only remaining requirement is increasing our share price, which has been appreciating despite current market conditions.”

Zhang currently holds the position of Professor of Agriculture at Shandong Agricultural University and several appointments such as vice committee chairman of Cultivation Research Committee of The Crop Science Society of China and the evaluator of National Natural Science Foundation of China.