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China Information Technology names new CFO

China Information Technology has hired Robin Yang as chief financial officer. The appointment is effective immediately. Previously, Yang worked at Harbert Management Corp. where she served as director of research. Headquartered in Shenzhen, China, China Information Technology is a provider of cloud-based software as a service for the Chinese new media sector.

PRESS RELEASE

SHENZHEN, China, Oct. 13, 2014 /PRNewswire/ — China Information Technology, Inc. (the “Company”) (Nasdaq GS: CNIT), a leading provider of cloud-based software as a service for the Chinese new media industry, today announced the appointment of Ms. Robin Yang as its Chief Financial Officer effective immediately.

Robin brings 15 years of buy-side and sell-side experience in U.S. capital markets. Previously, Robin was the Director of Research at Harbert Management Corporation, a U.S.-based hedge fund with $2 billion of assets under management, where she led the investment idea generation for its global emerging market fund. Prior to that, Robin was a senior analyst at Jayhawk Capital, where she co-managed the firm’s China mutual fund and conducted bottom-up investment research for the firm’s China hedge fund and private equity fund. Before that, Robin led the research coverage of the enterprise software industry at Stephens Inc., an investment bank specializing in advising small and mid cap companies in the U.S. She started her career at American Airlines as a financial analyst managing accounts payable.

Robin received a B.A. from Yantai University in 1994 and an M.B.A from University of Arkansas in 1997. She holds the Chartered Financial Analyst (CFA) designation.

“We are pleased that Robin joined as our new CFO,” said Mr. Jiang Huai Lin, Chairman and CEO. “She has deep research, investment and communication experience in U.S. capital markets and hands-on experience of corporate financial management. Robin’s analytical approach and broad understanding of our business will be the basis of her strength as an effective CFO. She is part of a senior leadership group across the firm that is focused on building a dynamic and fast-growing cloud-based new media franchise in China.”

About China Information Technology, Inc.
Headquartered in Shenzhen, China, China Information Technology, Inc., through its subsidiaries and other consolidated entities, provides the CNIT Cloud Platform based on its proprietary Cloud-App-Terminal (CAT) model. The Company’s cloud-based products include Cloud-based Education Platform (CEP), Information Distribution Platform (IDP), Elevator Internet-of-Things Platform (EIoTP), Community Service Platform (CSP), Online Ad Exchange Platform (OAEP), etc. The Company’s integrated hardware, software, and cloud-based services serve a variety of customers in the fields of government, education, healthcare, financial, commercial, communication and individual consumers. To learn more about the Company, please visit its corporate website at http://www.chinacnit.com.