China Sports Development appoints John Treacy as Independent Non-Executive Director and Chan Yung as Executive Director

– CHINA, Foshan – China Sports Development Limited (ISDX: CSDP), a company established to make strategic investments or acquisitions in businesses involved in the promotion of sports and sports related projects in the People’s Republic of China, is pleased to announce the appointment of Mr. John Michael Treacy (aged 34) as Independent Non-Executive Director and Mr. Chan Lung Allen Yung (aged 54) as Executive Director with immediate effect.

Mr. Treacy is an experienced small cap financier who specialises in working with growing companies. He qualified as a solicitor in the London office of a major international law firm where he specialised in Capital Markets and Mergers & Acquisitions. From there he moved to practice corporate finance in the advisory teams of several prominent UK brokerages where he was a Qualified Executive for the purposes of the AIM Rules, and acted on some of the largest IPOs on the AIM Market in recent years.

Mr. Yung is a fellow member of the Hong Kong Institute of Certified Public Accountant and Association of Chartered Certified Accountants. Mr Yung has extensive working experience in audit, taxation, internal control and business review and appraisal for 30 years. Mr Yung is currently running his own CPA firm in Hong Kong and he has been serving as auditor and tax representative of various organisation including trading, manufacturing and services industry. Mr. Yung is now the Honorary President of The Hong Kong General Chamber of Small and Medium Business Limited and External Academic Advisor of Marketing in Global Trade, City University of Hong Kong. Mr. Yung was the Chairman of Audit Committee of Lingnan University during the year 2009 to 2014.

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