China Ceramics Appoints New Independent Director

Jan 08, 2014, 08:00 ET from China Ceramics Co., Ltd.

JINJIANG, Fujian Province, China, Jan. 8, 2014 /PRNewswire/ -- China Ceramics Co., Ltd. (NASDAQ Global Market: CCCL) ("China Ceramics" or the "Company"), a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, today announced that the board of directors has appointed Mr. Jianwei Liu as an independent director and as a member of the audit, compensation and nominating committees. 

In addition, independent board director Ms. Cheng Davis has decided to remain on the board of directors until the Company's next annual meeting which is expected to occur in May of 2014.  The Company's board of directors is now comprised of seven members, the majority of whom are independent directors.  As a result, the Company believes that it has returned to full compliance with Nasdaq listing requirements as set forth in Nasdaq Listing Rule 5605.  Finally, the board has appointed Chief Executive Officer Mr. Jaidong Huang as its new Chairman.

"We warmly welcome Jianwei Liu to the board of China Ceramics as an independent director.  We are confident that he will make a positive contribution to the company due to his deep experience in the capital markets as well as his knowledge of the company," said Mr. Jiadong Huang, CEO of China Ceramics.  "We continue to place a high value in our adherence to corporate, disclosure and regulatory best practices."

Mr. Jianwei Liu is currently a portfolio manager with China-based Bosera Asset Management Co., Ltd.  Prior joining to Bosera, Mr. Liu worked at Shanghai AllBright Law Offices and ICBC (Industrial and Commercial Bank of China Ltd.) at their main headquarters.  Mr. Liu has substantial experience in investment management, corporate law and commercial banking as well as extensive knowledge of companies listed in Hong Kong, the US and the global markets.  He has a network of relationships with companies in various industries, investors and sell side research firms.  In addition, Mr. Liu has worked extensively with both the retail and institutional investor communities and has experience in international acquisitions.  

Mr. Liu worked with China Holdings Acquisition Corp. ("CHAC"), the Company's predecessor, prior to its merger with China Ceramics, and participated in the sourcing of targets for CHAC, the performance of due diligence on potential acquisitions and the structuring of the Company's acquisition of its operating business in 2009.  Mr. Liu resides in China and holds an MBA in finance from the Wharton School of the University of Pennsylvania, and an MA degree in English and BA degrees in English and Law from Beijing University.

About China Ceramics Co., Ltd.

China Ceramics Co., Ltd. is a leading manufacturer of ceramic tiles in China. The Company's ceramic tiles are used for exterior siding, interior flooring, and design in residential and commercial buildings. China Ceramics' products, sold under the "Hengda" or "HD", "Hengdeli" or "HDL", the "TOERTO" and "WULIQIAO" brands, and the "Pottery Capital of Tang Dynasty" brands, are available in over 2,000 style, color and size combinations and are distributed through a network of exclusive distributors as well as directly to large property developers. For more information, please visit

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Contact Information:

China Ceramics Co., Ltd.

Precept Investor Relations LLC

Edmund Hen, Chief Financial Officer

David Rudnick



Phone: +1 917-864-8849

SOURCE China Ceramics Co., Ltd.