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Hanwei Energy Reports Third Quarter Fiscal 2021 Financial and Operational Results


Hanwei Energy Reports Third Quarter Fiscal 2021 Financial and Operational Results
Hanwei Energy Services Corp.
VANCOUVER, British Columbia, Feb. 10, 2021 (GLOBE NEWSWIRE)
Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”) today reported its financial results for the three and nine months ended December 31, 2020. All amounts are in Canadian Dollars unless otherwise noted.
Update on COVID-19 Impact
With the recent announcements of various COVID-19 vaccine approvals in Canada and around the world, oil prices have recently increased. Commodity prices and the economic environment remains volatile and challenging which has adversely affected the Company s operational results and financial position. The COVID-19 situation is dynamic and the ultimate duration and magnitude of the impact on the economy and the financial effect on the Company is not known at this time. ....

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Hanwei Energy Services Announces Resignation of CFO and Appointment of New CFO


Hanwei Energy Services Announces Resignation of CFO and Appointment of New CFO
VANCOUVER, British Columbia, Dec. 17, 2020
Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”) today announced that Ms. Irene Mai has resigned from her position as Chief Financial Officer of the Company effective December 31, 2020 to pursue other business interests.
The Company has appointed Ms. Mary Ma, CPA, CGA as its new Chief Financial Officer effective January 1, 2021. Ms. Ma has over 20 years of experience in finance and accounting in Canada and China including previous CFO roles for two Canadian public companies with subsidiaries in China.
Ms. Mai has agreed to assist in a smooth transition of duties. The Company would like to thank Ms. Mai for her previous contributions to the Company and wishes her success in her future endeavours. ....

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