Zheng Shaorong stepped down as China Yuanbang Property Holdings' director

He wants to pursue other interests.

Mr. Zhang, 50, when appointed as an executive director, had took on the executive duties and been responsible for the Group's business development plans.

He was an investment and internal audit manager when he joined the Group in April 2007. In 2008, he was assigned more duties to oversee the Group's financial department, human resources department, legal department as well as compliance matters.

Before this, he was CFO for Guangzhou Ruifeng Industrial from 2006 to 2007 and vice general manager for Swiss Zhongxing Investment and Shenzhen Pearl River Enterprises from 1999 to 2006.
 

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