Allied Ventures Holdings announces Ye XiZhen as new CEO and Chairman of the Board of Directors

– USA, UT – Allied Ventures Holdings Corp (OTC:DPHS) today announced the resignation of its officers and director, and the appointment of Mr. Ye XiZhen as the new board chairman and CEO taking effect as soon as practicable in accordance with the regulations. There are no disagreements between the departing parties and the Company. Mr. Ye XiZhen is also chairman of Longwen Group Inc, a company specializes in mining, energy, media, medicine and tourism in China.

Mr. Ye XiZhen commented, “We are very pleased to assume control of Allied Ventures Holdings Corp. We will adopt a new business plan immediately to enter into new markets. We want to thank Mr. Reed Petersen for his great contributions to the Company and wish him great success in his new endeavors.”

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Talent4Boards Team

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