SinoFibre (SFBE)

[Slojab]

There's hope for this company now. ( :

Sino Bioenergy Appoints New CEO

Sino Bioenergy Corp. (OTC Pink:SFBE) (Borse Berlin:3SF) today announced that it has appointed a new Chief Executive Officer to replace Daniel Mckinney who resigned from his position as Chief Executive Officer, President and Director.

The Company is pleased to announce that its Chief Operating Officer, Hoi Ming Chan has been appointed Chief Executive Officer and President of the Company.

New CEO, Hoi Ming Chan commented, "I am pleased to take the helm of the Company at this time of our exciting growth. Our Huizhou Biotech subsidiary will continue to work toward expanding production and sales throughout 2014. We anticipate delivering solid revenues and profits for Q4 and doubling our revenues and profits for 2014 by expanding its rice cultivation bases in China and overseas and via rice seed sales."

Ming Chan concluded, "We are grateful for the contributions of Daniel Mckinney for his eight years of service as CEO / director and for his tireless efforts and persistence in restructuring and cleaning up the Company to bring us to this current position of growth and profitability."

Mr. Chan is an inventor of new energy technologies and has a number of individual registered patents pertaining to environmental and energy applications.

SFBE is current in its reporting under the OTC Alternative Reporting Standard.