Wednesday, August 8, 2012

L&L Energy (LLEN) Appoints Y.P. Chan as Managing Director – M&A

Today, L&L Energy, Inc. (NASDAQ: LLEN) announced that Y.P. Chan has been appointed as the company’s Managing Director – M&A. In his new role, Mr. Chan will oversee the strengthening of L&L’s coal acquisition and strategic growth in China.

Dickson Lee, Chairman and CEO commented, “Bringing in talent such as Y.P. is another tangible step to strengthen our management capabilities and ensure our momentum in the Company’s growth in China. His wealth of experience and knowledge, as a Columbia trained MBA and multicultural executive, are great additions to our management team. I look forward working closely with Y.P. to further grow L&L.”

A seasoned executive with over 20 years of experience, Mr. Chan currently serves as an advisor to L&L. His experience includes M&A, restructuring, finance, business modeling, infrastructure, and entrepreneurship in the United States, China, Japan, and Korea. Previously, he was Interim CFO and Chief Strategist of an IT company based in Hong Kong and also worked for AlliedSignal (now Honeywell International Inc.), where he oversaw M&A activities and joint venture operations in China and Japan.

Mr. Chan came to the US at age 16 from China. Under an IBM sponsorship, he earned an MBA in Finance and MSEE from Columbia University in 1994 and 1990, respectively. He also earned a BSEE degree with honor from Polytechnic University in New York. He is fluent in English, Cantonese, and Mandarin. He is a U.S. citizen and lives with his family in Seattle, Washington.

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