China Architectural Engineering Appoints New Chief Executive Officer and Members of the Board of Directors

China Architectural Engineering, Inc. CAEI, a self-developer of online MMORPGs games and a provider of design, engineering, fabrication and installation services of high-end building envelope systems, today announced that it has appointed Mr. Wing Lun (Alan) Leung as chief executive officer and as a member of the Company's board of directors, effective immediately. Mr. Leung is the co-founder and CEO of Shanghai ConnGame Network Co. Ltd, of which CAE acquired a 60% interest in August this year. Mr. Leung has 22 years of experience in implementing IT projects and other consulting services, as well as over ten years of experience in the PRC online gaming industry. Over the past decades, Mr. Leung has served in managerial roles or board of directors for the following companies: Game First International Corporation, an online game distributor in Taiwan, IAHGames HK Limited, an online game distributor in Southeast Asia, Shanghai Holdfast Online Information Technology Co., Ltd, a subsidiary of Shanda Interactive Co. Ltd, China Youth Foundation Group and CITIC Pacific Communication (Guangzhou) Co. Ltd, a subsidiary of CITIC Pacific Limited. Mr. Leung received a bachelor's degree in computer science from the University of London in 1990, an MBA from City University London in 1994 and a master's degree in electronic commerce from the University of Hong Kong in 2002. In addition to Mr. Leung's appointment, the Company also appointed the following: -- Qin (Andy) Lu as the acting chief financial officer and corporate secretary, -- Ping Xu as an independent director and as a member of the Audit Committee and Nominating and Corporate Governance Committee, -- Shibin Jo as an independent director, as a member of the Compensation Committee, and a member and chairman of the Nominating and Corporate Governance Committee, and -- Chen Huang as an independent director and as a member of the Audit Committee. In conjunction with the above appointments, the Company also announced the following resignations, effective immediately: -- Luo Ken Yi resigned as the chief executive officer. Mr. Luo remains as president of the Company and member of the board of directors, -- Gene Michael Bennett resigned as the Company's chief financial officer, and -- Zheng Jin Feng and Zhao Bao Jiang each resigned as directors. Learn how to find the best stocks to trade each day in our 70 page E-Book and 90 minute online video for free.