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CHNGQ > SEC Filings for CHNGQ > Form 8-K on 27-Sep-2013All Recent SEC Filings

Show all filings for CHINA NATURAL GAS, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for CHINA NATURAL GAS, INC.


27-Sep-2013

Change in Directors or Principal Officers


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 23, 2013, Mr. Xiang Dong (Donald) Yang provided China Natural Gas, Inc. (the "Company") written notice dated September 18, 2013 of his decision to resign from the Company's board of directors, effective immediately. Mr. Yang's resignation is the result of a disagreement with the Company, the bases of which are set forth in his resignation letter which is filed herewith as Exhibit 17.1 to this Current Report (the "Resignation Letter"). Any references to the Resignation Letter are qualified in their entirety by the text of the Resignation Letter, a true copy of which is attached hereto as an exhibit and is incorporated herein by reference.

The Resignation Letter cited differences and disagreements with management as the bases for Mr. Yang's resignation set forth in the Resignation Letter. Management of the Company substantially disagrees with Mr. Yang's characterization of the circumstances representing these differences and disagreements. A copy of this Current Report will be provided to Mr. Yang no later than the day the Company files it with the Securities and Exchange Commission to provide him with the opportunity to furnish the Company with a letter in which he agrees or disagrees with the foregoing disclosures. The Company undertakes to file such letter, if and when it is received, by an amendment to this Current Report within two business days of the receipt.

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