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Asia Carbon Industries, Inc.

Asia Carbon Industries, Inc.

Sector: Carbon Black Region: NY, United States


: | OTC Markets: ACRB


Asia Carbon Industries, Inc., through its variable interest entity, Taiyuan Hongxing Carbon Black, Ltd., manufactures and sells carbon black products in the People’s Republic of China. The company offers its products under the Great Double Star brand name. It offers N660, a soft carbon black, which has the flexibility necessary for the production of automobile tire inner tubes and hoses; and N220 hard carbon black used in the manufacture of automobile tires, as well as N330 hard carbon black used in the manufacture of sides of automobile tires. The company was founded in 2003 and is based in New York, New York

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Executives

Guo Yun Yao, CEO, President & Secretary
Guo Yun Yao founded Hongxing in December 2003 and has served as Chairman of Hongxing since that time. Since May 2010, Ms. Yao has also serves as Chief Executive Officer, President, and Secretary of the Company.  She is responsible for the day-to-day management and major decision-making in the operating company.  She has also served as the general manager of Chongxing Qingxu County Tapestry Limited since January 1998. Prior to joining the Company, from 1987 to 1993, Ms. Yao was general manager of the Xigu Village Carpet Processing Co., Ltd.  She also worked at the bureau of City Management of Qingxu County from January 1994 to December 1997, which engaged in construction work. Yao participated in the “National Economy Training Program of Women” in Shanxi Province in 2006. She was awarded “Woman of the Year in Taiyuan Economy” in 2007. She was elected the member of Chinese People’s Political Consultative Conference (CPPCC) Committee in Qingxu County for two consecutive terms (2007, 2008). Ms. Yao’s knowledge and expertise in the Company’s industry, her history with the Company, her management skills and other business experience and acumen led to the Board’s conclusion that Ms. Yao should serve as Chairman of our BOD.
Chun De Meng, General Manager
Chun De Meng joined Hongxing in 2003 as head of the Company’s market development team and in December 2003 he became General Manager of Hongxing, primarily responsible for operations and sales. Since January 1998, he has also served as the Chairman of Chongxing Qingxu County Tapestry Limited. Prior to that, Mr. Meng was a project manager in the bureau of City Management of Qingxu County from January 1994 to December 1997.  In 2004, he participated in the training program of Zhongyu Carbon Black Rubber Group Training Association and won the honorary titles “Model Worker in Qingxu County" in 2006 and "Economy Model in Qingxu County" in 2007. Mr. Meng’s knowledge and expertise in the Company’s industry, his history with the Company, and his other business experience and acumen led to the Board’s conclusion that Mr. Meng should serve as a member of our Board.
Xiaolong Zhou, Chief Financial Officer
Xiaolong Zhou was appointed as our Chief Financial Officer on September 1, 2008. He had been a senior accountant in Liss Okou Goldstein Okun and Tancer CPA'S P.C. in Great Neck, New York for the prior nine years. He is a certified public accountant, registered in the state of New York, a member of the American Institute of Certified Public Accountants, and a member of the New York State Society of Certified Public Accountants. Mr. Zhou obtained an M.B.A. in accountancy degree from Baruch College of CUNY and an M.A. in economics degree from City College of CUNY. He obtained a B.A. in economics degree from Fudan University, Shanghai, China.
Michael Segal, Director
Michael Segal was appointed as a Director on June 23, 2008. He is President, General Securities Principal, an Options Compliance Principal and an Investment Banking Representative of Halcyon Cabot Partners LTD., a member of the Financial Industry Regulatory Authority (FINRA) since January 2010.  From 2006 to 2009 and 2003 to 2005 Mr. Segal was a Principal, Option Compliance Principal and Branch Manager of Whitaker Securities LLC. Mr. Segal is also individually registered as a Commodity Trading Advisor with the Commodity Futures Trading Commission and is a founding member of the Managed Funds Association. Mr. Segal received a B.B.A. in marketing and economics from the University of Miami in Florida.  Mr. Segal sits on the BOD of the following privately held companies: China Chanfang Pharmaceuticals Inc.; International American Capital Inc. and Segal Cirone Services Inc. Mr. Segal also sits on the Board of Directors of the following publicly held companies: China Printing &Packaging; Inc.(CHPI.BB); China Pharmaceuticals Inc.(CFMI.BB); and China Power Equipment Company Inc.(CPQQ.BB).   Mr. Segal brings to our BOD his expertise in the financial and equity markets and his years of experience providing strategic and financial advisory services to complex international organizations. 

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