Business News

China Display Technologies Appoints New CFO

Thursday 01. May 2008 - China Display Technologies, Inc. (BULLETIN BOARD: CDYT) (''China Display'', or ''the Company''), a leading manufacturer of optoelectronic products, specializing in small- to mid-sized LED and CCFL backlight units for LCD displays in China, today announced the appointment of Mr. Jason Ye as its Chief Financial Officer. Mr. Ye replaced the previous CFO, Mr. Kam Ming Yip, who left to pursue other interests.

Mr. Jason Ye has served as the Company’s Finance Manager since October 2007. Prior to joining China Display, he acted as the financial advisor for several foreign capital corporations and Hong Kong exchange listed banking companies. From 2003 to 2004, he was Senior Client Manager in the Credit Department of China Minsheng Banking Co., Ltd. Shenzhen Xiangmi Sub-Branch. Mr. Ye holds a Bachelor’s degree in International Finance from South China Normal University.

”I am honored to be a part of China Display during this time of rapid growth and strong performance,” commented Mr. Ye. ”I look forward to adding my experience and expertise to an already impressive management team.”

”After his previous service with us, we are pleased to promote Jason Ye to the CFO position,” commented Mr. Lawrence Chan, CEO of China Display. ”His in-depth accounting experience enhances our finance, operations and business strategies and continues to make him a valuable part of our team.”