Kirin International Holding, Inc. Names Industry Veteran Jie Qin as Chief Operating Officer

BEIJING and NEW YORK, June 2, 2011 /PRNewswire/ -- Kirin International Holding, Inc. (OTC Bulletin Board: KIRI, the "Company"), the largest private developer of residential mixed-use properties in Xingtai, North China's oldest city, announced that effective May 31, 2011 Mr. Jie Qin has been named Chief Operating Officer.  "Kirin has a national-class management team," said Kirin CEO Mr. Longlin Hu. "We welcome the promotion of Jie Qin from Vice General Manager to Chief Operating Officer as Kirin moves from a leading local real estate developer to a wider regional focus on adjacent target markets," commented Mr.Hu.  

"Mr. Qin has been in charge of more than 10 million square meters of total ground floor area over his career," said Mr. Hu.  "He is regarded as one of the property industry's most experienced executive officers in the North China area," he continued.

Qin joined Kirin in February 2011 from top-five Chinese real estate developer Wanda, prior to listing on the Hong Kong Stock Exchange.  He holds a Bachelor's Degree from Beijing University of Civil Engineering and Architecture. Mr. Qin has many years experience of real property development experience and owns the technical title of senior engineer and the certificate of the first level project manager.

Mr. Qin previously served as general manger of Beijing Wanda Plaza Investment Co., Ltd., general manager of Tianjin Chengji Company of Neo-China Group (Holdings) Limited, deputy general manager of Neo-China Group (Holdings) Limited (East China District), general manager of Beijing Haoyue Real Estate Co., Ltd., general manager of Beijing Sanjiu Jianye Real Estate Co., Ltd. and general engineer and then deputy general manager of Beijing Zhengyuan Group.

Mr. Qin was in charge of Shijiazhuang Yuhua Wanda Plaza, Beijing CBD Wanda Plaza, Shijingshan Wanda Plaza, later stage safeguard of Great Lakes Mansion Project, Langfang Wanda Plaza, Wanda College, Xuzhou Zhongxin Quanshan Forest Ocean, Anhui Huangshan Peach Blossom Island, Zhejiang Jiaxing Highway, US United Apartment, Xishan Art Gallery, Home Best International Apartment, Ocean Landscape and other projects which all achieved outstanding performance.

CONTACTS:
Ms. Cindy Zheng, CFO, Kirin International Holding, Inc.
[email protected]
+86 186 1025 7686

Mr. Dan McClory, Managing Director, Hunter Wise Financial Group, LLC
[email protected]
+1 949 732 4102

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of the Company's management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements.

Such statements include, among others, those concerning market and industry segment growth and demand for the Company's communities; any projections of sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in China, as well as all assumptions, expectations, predictions, intentions or beliefs about future events.

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SOURCE Kirin International Holding, Inc.