CNIT Announces Engagement of Dragon Gate Investment Partners for Investor Relations Services
 
Sep 20, 2017
Category:

SHENZHEN, China, September 20, 2017 - China Information Technology, Inc. (NASDAQ: CNIT), a leading provider of internet-based ad distribution and ad display terminal sharing systems in China, today announced it has engaged Dragon Gate Investment Partners to lead an expanded investor relations program.

"CNIT has made important progress in the past four months," said Mr. Jianghuai Lin, the Company's Chairman and CEO. "Given our progress toward key goals, we believe the timing is right to engage Dragon Gate Investment Partners based on their proven track record in assisting companies like ours. As we move forward, we are confident that Dragon Gate Investment Partners will be a valuable resource to assist us on our financial communications and our presence in the investment community."

"We are honored to provide investor relations services to CNIT. By enhancing the communication to investors, CNIT is a great opportunity for Americans to benefit from the fast growth of the IT industry in China," said Lijie Zhu, Managing Director of Dragon Gate Investment Partners.

About China Information Technology, Inc.
China Information Technology, Inc. (CNIT) is a leading Internet service company that provides integrated cloud-based solutions enabling innovation and smart living in the fields of new media, elevator safety management, education, etc. Through continuous innovation, CNIT is aiming to leverage its proprietary Cloud-Application-Terminal technology to level the competitive landscape in the new media industry and deliver value for its shareholders, employees, customers, and the community. To learn more, please visit http://www.chinacnit.com.

About Dragon Gate Investment Partners
Headquartered in New York City's midtown Manhattan, Dragon Gate Investment Partners is a unique investment firm with a special focus on globalizing and localizing sustainable and promising companies in the U.S. and China. The team has well-earned reputation of excellence in providing sensible and cost-effective cross-border business solutions for a wide breadth of clientele, including public companies, financial institutions, and high-net-worth individuals.

Safe Harbor Statement
This press release may contain certain "forward-looking statements" relating to the business of China Information Technology, Inc., and its subsidiaries and other consolidated entities. All statements, other than statements of historical fact included herein, are "forward-looking statements" in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminologies such as "believes", "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company and its subsidiaries and other consolidated entities or persons acting on their behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

For further information, please contact:
China Information Technology, Inc.
Iris Yan
Tel: +86-755-8370-4767
Email: IR@chinacnit.com
http://www.chinacnit.com
or
Dragon Gate Investment Partners LLC
Tel: +1(646)-801-2803
Email: cnit@dgipl.com

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