SUZHOU, China, Feb. 20, 2018 /PRNewswire/ -- China
Commercial Credit, Inc. (Nasdaq: CCCR) (the "Company"), a
microfinance company providing financial services to
small-to-medium enterprises ("SMEs"), farmers and individuals in
Jiangsu Province, today announces
the appointment of Mr. Alex Lau as
the Company's Chief Technology Officer, effective February 20, 2018. In this role, Mr. Alex Lau will join the Company's Senior
Leadership Team as a professional with over 19 years of experience
and report directly to the CEO.
As CTO, Mr. Alex Lau will be
responsible for evolving the Company's current technology strategy
and driving execution on our roadmap to help the Company explore
potential markets and opportunities.
Alex received his Software Computer Science degree at
University of North Texas in 1999.
Previously, Alex worked at Nortel Network, before moving to
China. He was the R&D Manager
for SUSE Linux in Beijing and
Taiwan and served as the CTO for
Symbio Mobile. Before joining the Company, he has been working as a
consultant for Ceph Distributed Filesystem for SUSE and as a
Blockchain Consultant for WeBank and CyberMiles.
The Company also announced engagement of Mr. Jun liu as our
technology advisor who is an IT veteran with 17 years of experience
in the IC design and development industry. Mr. Liu obtained his
master degree in modern physics from University of Science and
Technology of China in 1997. He
used to serve as the digital IC design department manager for
GuoMin technology Limited (previously Shenzhen ZTE Blx Design
Corporation). He led the development of USB KEY chip which
dominates the Chinese domestic market, he also participated in the
development of the elliptic curve encryption algorithm, USB
controller, PHS mobile phone card reader 2.4G, social security
card, RF transceiver, TPM/TCM controller chip CPU system. Mr. Liu
developed the first 16nm CPU, he is an expert in algorithm
accelerator and ARM system architecture design.
Commenting on the appointment, Mr. Long
Yi, the Chief Financial Officer and Director of the Company,
stated, "It gives me great pleasure to welcome Mr. Alex Lau to China Commercial Credit, Inc. as our
new CTO. This appointment is critical to the success of the Company
as we start the process of strategic transformation of the Company.
We are also excited to have Mr. Liu joining us as a technical
advisor to assist the CTO. We are delighted to have been able to
attract such seasoned leaders from the IT sector. We have been very
impressed with Mr. Alex Lau and Mr.
Liu's technical and business track records and their achievements
speaks for themselves. Mr. Alex
Lau's appointment adds additional strength to the Company's
management, and to what is shaping up to be a very high-quality,
dynamic, leadership team."
About China Commercial Credit
China Commercial Credit, founded in 2008, provides business
loans and loan guarantee services to small-to-medium enterprises
("SMEs"), farmers and individuals in China's Jiangsu
Province. Due to recent legislation and banking reform in
China, these SMEs, farmers and
individuals -- which historically had been excluded from borrowing
funds from State-owned and commercial banks -- are now able to
borrow money at competitive rates from microfinance lenders. For
more information, please visit
http://www.chinacommercialcredit.com.
Forward-Looking Statements
Certain statements made herein are "forward-looking statements"
within the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"anticipate", "believe", "expect", "estimate", "plan", "outlook",
and "project" and other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. Such forward-looking statements include timing
of the proposed transaction; the business plans, objectives,
expectations and intentions of the parties once the transaction is
complete, and the Company's estimated and future results of
operations, business strategies, competitive position, industry
environment and potential growth opportunities. These
forward-looking statements reflect the current analysis of existing
information and are subject to various risks and uncertainties. As
a result, caution must be exercised in relying on forward-looking
statements. Due to known and unknown risks, our actual results may
differ materially from our expectations or projections. All
forward-looking statements attributable to the Company or persons
acting on its behalf are expressly qualified in their entirety by
these factors. All information provided in this press release is as
of the date hereof. Other than as required under the securities
laws, the Company does not assume a duty to update these
forward-looking statements.
For more information, please contact:
Mr. Long Yi, Chief Financial
Officer and Director
China Commercial Credit, Inc.
Tel: +86 13584802352
Email: 13584802352@139.com
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SOURCE China Commercial Credit Inc.