August 16, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Yucheng Technologies Ltd. (NASDAQ: YTEC) has appointed Zhenwei Ni to its board of directors. Ni will also serve on the board's strategy committee, audit committee, and compensation committee.

Zhenwei Ni taught as a professor at Tsinghua University before he founded Haihua Co. along with a number of professors from Tsinghua University in 1984. As the president of the company, Ni guided Haihua, an IT services firm, before he retired in 2004.

Since his retirement from Haihua, Ni has been acting as advisor to various publicly listed companies in China including Yucheng during the last two years. China-based Yucheng is a provider of IT solutions to China's banking industry. The firm has around 2,200 employees and has established a network to serve banking clients nationwide.

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