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Tianbao Holdings Limited Announces Additional Bermuda-Based Directors
Hamilton, Bermuda: November 21, 2012 – Tianbao Holdings Limited (the “Company”) (Ticker: TBHL.BH) today announces the appointments of Mr. Marco L. Montarsolo and Mr. Jeffrey Gerald Conyers to the Board of Directors of the Company.
Mr. Montarsolo, a member of the Bermuda Bar Association, is an attorney with specializations in all areas of corporate, maritime and transportation law. Mr. Conyers, a past Chairman of the Bermuda International Business Association, currently heads the brokerage division of Capital G Investments and has served as a director of numerous public companies.
The additional director appointments bring the total number of members of the Company’s Board of Directors to four. Two of the Company’s Directors, Mr. Haitao Lian and Ms. Ruyin Zhang, are based in the Company’s operational headquarters in China.
At a meeting of the Board of Directors on September 5, 2012, a resolution appointing Messrs. Montarsolo and Conyers was approved. The appointments were effective beginning on September 6, 2012.
About Tianbao Holdings Limited
Tianbao Holdings Limited is an economically-affordable housing manufacturer in the People’s Republic of China. The Company works closely with the Chinese government in acquiring the land for new housing developments and constructing the homes per the specifications of the housing plans of both the national Chinese government as well as the provincial governments, in particular Henan Province, wherein all of the Company’s projects to date have been located.