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C-Level: Fong Named China Electric CFO

June 14, 2010 (FinancialWire) — China Electric Motor, Inc. (NASDAQ: CELM), a firm that engages in the design, production, marketing and sale of micro-motor products has named Heung Sang Fong, who has served as a director of the company since January 2010, to the role of chief financial officer and corporate secretary of China Electric.

Haixia Zhang, who has served as CFO at China Electric Motor since March 2009 and as CFO of Shenzhen YPC from June 2008 to March 2009, will take on a new responsibility at China Electric as corporate controller.

Fong has served as a director of China Electric Motor since January 2010. From February 2009 to March 2010, he served as the CFO and as a director of Apollo Solar Energy. From December 2006 to January 2009, Fong served as the EVP of corporate development of Fuqi International.

China-based China Electric Motor engages in the design, production, marketing and sale of micro-motor products through its subsidiary Shenzhen YPC. The company's products are incorporated into consumer electronics, automobiles, power tools, toys and household appliances, and are sold under its "Sunna" brand name.

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