October 1, 2008
Vancouver, British Columbia October 1, 2008, Ona Energy Inc. (CNQ: OEIX / Frankfurt: O3X) pleased to announce that Jimmy J.F. Jin has joined the Board of Directors of the Company.
Mr. Jin is a businessman that possesses immense knowledge and experience of China, Chinese law, joint-venture and investment regulations and policy and a proven track record in China business and sales development and marketing.
Mr. Jin is President and CEO of TSX-listed, Alta Natural Herbs & Supplements Ltd., Los Angeles and Beijing-based, American Evans Group Corporation, an established China investment and holding corporation, and Tianjin Angen Biotech Co., Ltd. He is, additionally, General Manager and Consultant to Beijing Evans Information and Consulting Co., Ltd., a China-based management, investment and marketing consulting company whose clients include many of China's largest corporations, including Huaneng Group and Huaneng Energy & Communications Holding Co., China's largest power generation company and power plant operator.
He has a Bachelor's degree in economics from Nankai University, China, a Masters degree in Economics from Purdue University and a Masters Accounting Program from the University of Indianapolis.
He has previously served as CEO of Fanlen Software System (Beijing) Co., Ltd. - a software design and development company, CEO of Jinart Elec-Chem (Beijing) Co., Ltd.- a machine tools, electronic components and equipment manufacturer - and President of Victor International Corporation - an established China trade corporation.
He also served as economist to the State Administration for Industry and Commerce of China, Beijing, between 1982-1985, and was responsible for formulating national economic policy, for approval by the State Council of China. He also worked for the Ministry of Energy and Chemical Industry of China.
His father was a senior member of China's State Council, Minister of Ordinance Industry (Army and Navy), Minister of Chemical and Petrochemical Industry, Vice Minister of Chemical Industry and Executive Member of the Chinese Peoples' Congress.
"We welcome Jimmy to the Board of Ona", stated John Wong, President and CEO of Ona Energy. "Being a Chinese resident and a person with extensive local business experience, he will be an invaluable addition to the Ona team, as we continue our development in Yongxing and begin assessing other opportunities in China."
ONA Energy Inc. (www.onaenergy.com) is a Canadian-based international energy company focused on the acquisition and development of power generation projects.
For More Information
John F. Wong, P. Eng., President
Tel.: (604) 685-2542
Email: info@onaenergy.com
Or visit our website at www.onaenergy.com
Except for historic information, the matters discussed in this document contain certain forward-looking statements. These statements involve known and unknown risks, delays, uncertainties and other factors not under the Corporation’s control that may cause actual results, levels of activity, performance or achievements to be materially different from the results, levels of activity, performance, achievements or expectations expressed or implied by these forward-looking statements.