China Intelligence (PINK:IICN)

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Friday, July 8, 2011

On July 1, 2011, Ms. Keyi Zhang commenced her engagement as the Registrant’s chief financial officer. Pursuant to an employment agreement executed as of July 1, 2011, Ms. Zhang shall receive a salary at the annual rate of $100,000 payable in monthly installments of $7,000 on the 15th day of each month. The remainder of the salary of $16,000 shall be paid on the first month of the following year. The agreement may be terminated by the Company without cause on 30 days' prior written notice.

Ms. Zhang (27) holds a B.A. in Accounting and Finance (with minors in Economics, Business, and communications) from Griffith College Dublin. Ms. Zhang is also registered with the Institute of Chartered Accountants in Ireland. Ms. Zhang has diversified experience in the areas of auditing, taxation, financial planning and financial management. From November 2007 until she joined the Registrant, Ms. Zhang worked in the PricewaterhouseCoopers Assurance Asset Management department, where she worked as an assistant manager. From March 2006 through August 2007, Ms. Zhang worked at Fennelly O’Farral Chartered Accountant as a financial accountant. Ms. Zhang has acted as a consultant to many businesses prior to the Registrant and has been particularly involved in providing taxation and financial planning advice to both public and private companies.

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