Euro Asia announces the appointment of two new directors

  • Mr. Li Yu and Mr. Cao Renzhong replace Mr. Cong Yu and Mr. Guo Han Wei

Weifang (People's Republic of China), 29 May 2013

Euro Asia Premier Real Estate Company (JT9; ISIN: VGG3223A1057) is pleased to announce the appointment of two new members to its Board of Directors, effective immediately.

Mr. Li Yu (35) received his Bachelor of Medicine in China in 2001. Since graduation, he has specialized in the origination and implementation of strategies concerning consumer distribution channels. He has extensive experience in setting up teams of direct marketing professionals. Mr. Li has acted as a consultant to many real estate companies and has been active as a direct investor in the sector throughout China. Mr. Li brings increased depth and experience to Euro Asia's Board, where he will assist in the creation and execution of the Company's marketing efforts.

Mr. Cao Renzhong (50) has over ten years of experience in real estate development. Previously, he worked for a European multi-national, as well as state owned Chinese Companies. His expertise and business network in Shandong will help Euro Asia increase its local reach. Mr. Cao graduated with a B.A. in philosophy from Beijing Normal University.

The Board of Directors accepts the resignation, effective immediately, of Mr. Cong Yu and Mr. Guo Han Wei, who have decided to step back due to other personal commitments. The Company wishes them success in their future endeavors and would like to thank them for their efforts on behalf of Euro Asia. They will continue to be available as consultants to the board on an informal basis.

Contact:
Schwarz Financial Communication
Frank Schwarz
Tel: +49 611 1745 398 11
Schwarz@schwarzfinancial.com

About Euro Asia
Euro Asia is a BVI registered company, active in real estate development in the Shandong area of the People's Republic of China. The Company operates locally through its subsidiaries, jointly owned with SNI, a leading local development company. Generating leasing revenues from a number of commercial properties, the Company has a number of other projects under development. By utilizing its strong local network to banks, political decision makers, land owners and other developers, the Company intends to grow its position in the region prior to moving into other prefecture-level cities.

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