A-Power Energy Names New CFO, COO

NEW YORK (AP) — A-Power Energy Generation Systems Ltd., a China-based power equipment company, on Tuesday said it named Kin Kwong "Peter" Mak to the position of Chief Financial Officer.

Mak, 48, joins A-Power from New Dragon Asia Corp., where he held the CFO position from 2004 and 2008. Currently, Mak is a director at a number of publicly traded Chinese companies, including Trina Solar Ltd., China Security & Surveillance Technology Inc. and China Grentech Corp.

The company said John Lin, who had been serving as the company's acting CFO, has been named to the role of Chief Operating Officer.

Shares of A-Power rose 54 cents, or 5.5 percent, to $10.40 in morning trading.