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China YCT International (OTCBB: CYIG) Strengthens Corporate Governance With Establishment of Audit Committee and Appointments of Three New Independent Directors
Date:4/13/2009

NEW YORK, April 13 /PRNewswire-Asia-FirstCall/ -- China YCT International Group Inc., (OTC Bulletin Board: CYIG) ("China YCT" or "the Company"), a leading company engaged in the business of developing, manufacturing and marketing gingko-based products through its wholly owned subsidiary, Shandong Spring Pharmaceutical Co. Ltd, today announced a series of measures adopted to strengthen the Company's corporate governance in compliance with the listing requirements of a senior U.S. exchange.

First, the Company's Board of Directors appointed three independent directors, Mr. Robert J. Fanella, Dr. Bai Junying and Mr. Zhang Wengao, effective April 6, 2009. As a result, the Board of the Company expanded to five members.

Mr. Robert J. Fanella, CPA, 58 years old, has more than 35 years' career specializing in corporate finance and accounting. From 2008 to the present, Mr. Fanella has served as a senior consultant to an Illinois based LED Lighting Manufacturer, providing advice regarding capital raising affairs, capitalization at both the subsidiary and corporate level, and day-to-day financial operations. From 2006 to 2007, Mr. Fanella served as a senior consultant at Chicago Industrial Plating Manufacturer. In that position, Mr. Fanella was responsible for resolving the company's short-term gap financing issues and working with external auditors to finalize the annual financial report. Prior to that, from 2001 to 2006, Mr. Fanella was co-owner and CFO of Tru-Way, Inc. From 1983 to 2001, Mr. Fanella was a co-founder and CFO of Microenergy, Inc. Mr. Fanella earned his Bachelor's Degree in Finance from North Illinois University in 1972, and he was licensed as a Certified Public Accountant in 1975. In 1979, Mr. Fanella received his MBA from the University of Chicago, specializing in Finance & Marketing.

Dr. Bai Junying, age 50. Over the last twenty years, Dr. Bai has held senior manageme
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SOURCE China YCT International Group Inc.
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