Hanqiao Zheng, chairman and president of China Recycling Energy (CREG), said: We are pleased to have Mr Shao join our board of directors. As the Shanghai-based regional head of Carlyle Asia, he brings tremendous experience and relationships in finance to our company. This appointment, along with Carlyle’s investment in us in November 2007, is a vote of confidence by one of the world’s most influential institutional investors for the growth opportunities in the recycling energy market, as well as for our company itself.
