SHANGHAI, Jan. 20, 2016 /PRNewswire/ -- SPI Energy Co.,
Ltd. ("SPI Energy" or the "Company") (Nasdaq: SPI), a global
provider of photovoltaic (PV) solutions for business, residential,
government and utility customers and investors, today announced
that Mr. Charles Sheung Wai Chan has
been appointed as a new independent director, effective
January 19, 2016.
The Board of Directors also elected the members of its newly
established Board Committees. Charles
Sheung Wai Chan was elected as chairman and Jeffrey Yunan Ren and Lang Zhou as members of the Audit Committee.
Xiaofeng Peng was elected as
chairman and Charles Sheung Wai Chan
and Jeffrey Yunan Ren as members of
the Compensation Committee. Xiaofeng
Peng was elected as chairman and Jeffrey Yunan Ren and Lang Zhou as members of the Nominating and
Corporate Governance Committee.
"We are pleased to welcome Mr. Chan to our Board of Directors, a
highly seasoned finance, audit and capital markets veteran with
extensive board level experience," said Xiaofeng Peng, Chairman of SPI Energy. "The
appointment of Mr. Chan and the establishment of the Board
Committees reflects our strong commitment to corporate governance
as we commence trading on the Nasdaq Global Select Market."
Mr. Chan joined Arthur Andersen Canada in 1977 and was admitted
to the AA Worldwide Partnership in 1988. Transferred to Arthur
Andersen Hong Kong/China in 1994, Mr. Chan was Head of Audit and
Business Advisory Service for Greater
China. After Arthur Andersen merged with
PricewaterhouseCoopers, or PwC, in 2002, Mr. Chan assumed
management positions at PwC, including as a partner and as a member
of various committees. He has served as a member of professional,
government and regulatory committees, including the Hong Kong Stock
Exchange Listing Committee, the Selection Committee for the first
Legislative Council of the Hong Kong SAR and the Hong Kong Society
of Certified Public Accountants. For the Hong Kong Society of
Certified Public Accountants, he served as a member of its council,
accounting standards committee and auditing standards committee,
and was chairman of its China
technical committee. Mr. Chan retired from PwC on June 30, 2012.
About SPI Energy Co., Ltd.
SPI Energy Co., Ltd. is a global provider of photovoltaic (PV)
solutions for business, residential, government and utility
customers and investors. SPI Energy focuses on the downstream PV
market including the development, financing, installation,
operation and sale of utility-scale and residential solar power
projects in China, Japan, Europe
and North America. The Company
operates an innovative online energy e-commerce and investment
platform, www.solarbao.com, which enables individual and
institutional investors to purchase innovative PV-based investment
and other products; as well as www.solartao.com, a B2B e-commerce
platform offering a range of PV products for both upstream and
downstream suppliers and customers. The Company has its operating
headquarters in Shanghai and
maintains global operations in Asia, Europe,
North America and Australia.
For additional information visit: www.spisolar.com,
www.solarbao.com or www.solartao.com.
Safe Harbor Statement
This release contains certain "forward-looking statements."
These statements are forward-looking in nature and subject to risks
and uncertainties that may cause actual results to differ
materially. All forward-looking statements included in this release
are based upon information available to the Company as of the date
of this release, which may change, and the Company undertakes no
obligation to update or revise any forward-looking statements,
except as may be required under applicable securities law.
Contact:
Philip Lisio
Email: phil@thefootegroup.com
China cell: +86 135 0116 6560
Amy Liu
US cell: (800) 548 8767
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SOURCE SPI Energy