China Integrated Energy Appoints New Independent Director, Chairman of the Audit Committee

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China Integrated Energy, Inc. (Nasdaq: CBEH) today announced the appointment of Mr. Steven Markscheid to its board as an independent director and as Chairman of the Audit Committee. As the new Audit Committee Chairman, Mr. Steven Markscheid will lead the independent third party investigation, as announced in the news release on April 5, 2011. Mr. Markscheid was appointed to replace Mr. Larry Goldman, who resigned as director and Audit Committee chairman on April 21, 2011.

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