Hsu resigns from China Sunergy; search for new CFO under way

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The CFO of China Sunergy has left the company. Siegfried Yi Chou Hsu resigned from his current role for personal reasons, effective Oct. 31. While a search for his replacement has begun, the company named Yongfei Chen as financial controller, who will manage daily financial operations in the interim.

CEO Stephen Zhifang Cai (pictured) will directly oversee China Sunergy’s investor relations programs. Chen will report directly to Cai until a new CFO has been appointed, according to the vertically integrated solar manufacturer.

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Prior to joining China Sunergy, Chen was the general manager of the finance department at China Electric Equipment Group, China Sunergy’s affiliated company, beginning in 2008. He holds a bachelor’s degree in industrial management from Yanshan University in Hebei, China.

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