HONG KONG, Feb. 7 /Xinhua-PRNewswire-FirstCall/ -- China Technology Development Group Corporation (Nasdaq: CTDC; "CTDC" or the "Company") announced the appointment of Mr. Guang Xun Xu as the Principal Consultant of the Company, mainly responsible for corporate financing and investor relations. Mr. Xu is now a consultant providing Greater China Region with package USA and UK listing services, including pre-IPO restructuring, PP and strategic investments, IPO per se, corporate governance, regulatory compliance, post-IPO IR, M & A, and Project Financing. For the 10-year period from 1994 to 2004, Mr. Xu served as the Managing Director of the NASDAQ Stock Market International. During his service with NASDAQ, he was responsible for keeping in touch with potential NASDAQ issuers in China, Taiwan, Hong Kong and Korea for the promotion of NASDAQ in the region, giving consulting services in relation to access to the US capital market including advising on pre IPO restructuring and financing, private placement, M & A, debt and equity financing, post IPO compliance and IR exercise, etc. Prior to joining NASDAQ, Mr. Xu was Senior Vice President and Resident Representative of Ka Wah Bank Ltd at its London Representative Office. He held various positions in Bank of China between 1980 and 1989, including Deputy General Manager, Bank of China and Harbin International Trust and Consultancy. Mr. Xu graduated from Huadong Normal University, Shanghai and the Institute of Far East and Siberian Studies, Heilongjiang Province Academy of Social Science, China, and City of London Polytechnic, London. He holds an MBA degree from Middlesex Business School, Middlesex University, London. Mr. Xu is experienced in corporate and project financing, pre-IPO restructuring, private placements, strategic investment and listing services. 'Mr. Xu's deep exposure in the capital markets of China and the US will certainly help improve our shareholders' communication,' said Mr. Changshan Zhao, Chairman of the Company. 'We strongly believe that Mr. Xu's joining will undoubtedly contribute to the Company's future development, help strengthen investor relations, secure shareholders' interest and enhance the Company's transparency,' further said Chairman Zhao. About CTDC : CTDC is engaged in providing information network security solutions in People's Republic of China. With the recent acquisition of China Natures Technology Inc. ('CNT', formerly Future Solutions Development Inc.), which develops health food products utilizing bio-active components of bamboo, CTDC also entered the Chinese nutraceutical market. CTDC's major shareholder is Beijing Holdings Limited, a conglomerate with over $3 billion in total assets beneficially owned by the Beijing People's Municipal Government. For more information, please visit our website at http://www.chinactdc.com/ . Forward-Looking Statement Disclosure This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements regarding CTDC contained in this press release that are not historical in nature, particularly those that utilize terminology such as 'may,' 'will,' 'should,' 'likely,' 'expects,' 'anticipates,' 'estimates,' 'believes,' or 'plans,' or comparable terminology, are forward-looking statements. Forward-looking statements are based on current expectations and assumptions, and entail various risks and uncertainties that could cause actual results to differ materially from those expressed in such forward-looking statements. Important factors known to CTDC that cause actual results to differ materially from those expressed in such forward-looking statements are identified and discussed in CTDC's filings with the Securities and Exchange Commission. Contact: China Technology Development Group Corporation Michael Siu, Executive Director, Chief Financial Officer and Secretary Tel: +852-3112 8461 Email: DATASOURCE: China Technology Development Group Corporation CONTACT: Michael Siu of China Technology Development Group Corporation, +852-3112 8461, or , Web site: http://www.chinactdc.com/

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