CNIT Appoints New Chief Technology Officer

China Information Technology, Inc.

, a leading provider of internet-based platforms, products and services in China, today said that its chief technology officer (CTO), Mr. Zhiyao Yu, has resigned from his position for personal reasons without disagreements with the company on its operations, policies and practices. Mr. Yu has been replaced, effective December 1, 2015, by the company's chief product officer (CPO), Mr. Guangzeng Chen. Mr. Chen will also continue as chief product officer of the company. Acting as both the CPO and CTO, Mr. Chen will be responsible for development of the company's operating system, enhancement of its terminal mainboard technology, design of standardized hardware terminals, and research and development of the company's cloud-based product offerings. According to the company chairman and CEO, Mr. Jiang Huai Lin, the consolidation of the CPO and CTO positions in Mr. Chen will aid the company in "strengthening our ability to both develop and market the most technologically advanced cloud-based product portfolio to a wide range of customers in the new media, education, finance, government, and e-commerce sectors." Mr. Chen has over 10 years of experience in business operations and a strong background in research and development of IT products. He joined CNIT as vice president of research and development in March 2014, and was appointed as the company's CPO in June 2015. For the prior three years, he served as project manager at CoolPad Group Limited, one of China's leading smartphone companies. From 2004 to 2011 he headed R&D at VideoHome, a Taiwanese multimedia appliance manufacturer.