China Information Technology, Inc. announced management changes that will further integrate the Company's operation, product and investment teams. As part of these changes, Mr. Zhiqiang Zhao, Mr. Zhixiong Huang and Mr. Junping Sun have been appointed to new positions effective immediately. Mr. Zhiqiang Zhao has been appointed President to oversee the day-to-day operations of the Company. He will continue to serve on the Board as a Director.

Mr. Zhao has extensive experience in corporate operation and human resource management. Previously, Mr. Zhao served as the Supervisor of Human Resources for the Foxconn Technology Group. Mr. Zhao joined CNIT in 2005 and was most recently the COO of the Company.

Mr. Zhixiong Huang has been appointed Chief Operating Officer responsible for running the Cloud-App-Terminal services. In addition to having more than twenty years of experience in the IT industry, Mr. Huang is a government-certified expert in computer science and serves in industry affiliated organizations such as the Shenzhen Computer Industry Association (SCIA) and the Shenzhen Science and Technology Innovation Committee (SZSTI). Mr. Huang joined CNIT in 2006 and was the Chief Technology Officer of the Company from June 2012 until September 2013 when he became Senior VP of Sales of the Company.

Mr. Junping Sun has been appointed Chief Investment Officer to manage corporate assets for sustainable growth. Mr. Sun has more than fifteen years of experience in institutional investment. Previously, he worked at Shenzhen Capital Group Co.

Ltd., a leading venture capital firm in China with RMB 10.0 billion (approximately USD 1.6 billion) of investable assets and over 500 portfolio companies. Mr. Sun joined CNIT in 2013 and was most recently Senior VP of Investment of the Company.