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China property developments, Inc. appoints two new directors.

XI’AN, China - China property developments, Inc. (OTCBB: CPDV) today announced the appointment of two new directors serve on its board of directors. The new CEO is appointed Mr. Ren Ming and Mr. Chuan Yuan Qianfei.

Ping’an Wu, chairman, president and CEO said: “We are very proud to announce the appointment of Mr. Yuan and Mr. Ren to our board of directors. Our view, their knowledge and know - do is very useful for society. ”

MINGCHUAN REN (Age 46), and is currently Professor Emeritus at two Norwegian School of Management (BI) (since 2006) and the School of Business of Hong Kong Unversität (since July 2001). Mr. Ren is currently a Professor at the Department of Accounting and Finance, Fudan University, Shainghai, China. Mr. Ren confirmed this position since October 2000. Previously, Mr. Ren, from March 2004 to May 2004, International Faculty Fellow at the Sloan School, Massachusetts Institute of Technology (MIT, USA) and from January 2002 to June 2002, he was International Faculty Fellow. From November 1992 to December 1993, Mr. Ren has been Visiting Scholar, Dept. of Accounting and Finance, University of Hull (Sponsored by a grant from the University of Zhejiang). From August 1988 to September 1992, Mr. Ren has been a lecturer and course director of accounting, Dept. of Management, University of Technology, Zhejiang and August 1982 to August 1985, he was assistant.

Mr. Ren, is currently in Shanghai, China, was a participant, in August 2006, in the case, the method and affiliate program Centered Learning at the Harvard Business School, Harvard University (United States). Mr. Ren has earned his doctorate in accounting, Division of Accounting and Finance, University of Hull (United Kingdom) in 1994. Mr. Ren’s Ph.D. has been promoted by the British authorities Distinction for foreign researchers; Edward scholarship from the University of Leeds, and the camaraderie of the departments of the University of Hull. From September 1985 to July 1988, visited Mr. Ren Xiamen University and received a Master of Accounting, Accounts Division. In July 1982, Mr. Ren received his BA in the accounts of the Division of Accounting and Finance, Anhui Institute of Finance & Trade.

QIANFEI YUAN (age 41) is currently (since April 2003) Chief Administrative Corporation, the Airport Corporation Shenzhen Industry Co., Ltd, Shenzhen, Guangdong. From August 2001 to April 2003, Mr. Yuan was president of the Shanghai Aerospace Chengfei Equipment Co., Ltd, Shanghai. From May 2001 to August 2001, Mr. Yuan was director of statistics of gasoline in China Airport Co., Ltd. Shenzhen Branch Shenzhen, Guangdong. From June 2000 to April 2001, Mr. Yuan was director of asset management at Shenzhen Airport Corporation Industry Co., Ltd, Shenzhen, Guangdong. From June 1999 to May 2000, Mr. Yuan Manager in the accounting department of Shenzhen Xiang Cheng Industrial Co. Shenzhen, Guangdong. Mr. Yuan was selected as Deputy Director of the Accounts Division, from January 1997 to May 1999 in Shenzhen Airport Industry Corporation Co., Ltd. Shenzhen, Guangdong. Mr. Yuan was deputy head of the revision from October 1996 to January 1997, Shenzhen Airport Corporation Industry Co., Ltd, Shenzhen, Guangdong. Previously, Mr. Yuan was a lecturer for the management of the department from July 1988 to October 1996 at the University of Zhejiang, Business Administration College, Hangzhou, Zhejiang.

Mr. Yuan is located in Shenzhen, Guangdong, China. He earned his master’s degree in statistics, the economy of Xiamen University, Xiamen, Fujian Province in 1988. In 1985, Mr. Yuan graduated in mechanical engineering from the University of Nanchang, Nanchang, Jiangxi province.

About the company

China property developments, Inc. by the majority of its subsidiaries, which focus primarily on the acquisition and development of agriculture and enterprise development, sale, leasing and management of the use mixed residential, industrial and office property in the city Xi “, the capital of Shaanxi Province in the People’s Republic of China. One of China’s most ancient cities, Xi’an is a vibrant culture, historical and spiritual center, with the population of over 6 million. The company has put the development of Jiahui Office Building, Oufengyuan Office Building, Jixiang Garden Residential Project, and Yang Ming International Tower. moment There are three specific projects that are in various stages of negotiation and planning, they are: Garden Villa, Bali Village and the Great Tang Hibiscus Garden. sum assets of the company are more than US $ 25 million. The company recently in the Memorandum of Understanding for the acquisition of Shaanxi Xinyuan Real Estate Co., developer of Yan-Ta-Shopping Mall. For more information, visit www.chinapropertiesdevelopments. Com.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and Other reports, with the exception of statements TO historical facts. These statements are subject to risks and uncertainties, including, but not limited to, products and services and the acceptance of the application, changes in technology, the environment, the impact of price competition policy and state regulators and other risks, in this document and reports on file from time to time with the Securities and Exchange Commission. All these forward-looking statements are, in writing or orally, and if by or on behalf of the company, are expressly excluded from the qualification warning Testimony and other statements warning, which accompany the forward-looking statements. Furthermore, Companies reject any obligation to update forward-looking statements to reflect events or circumstances after the date.

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