TORONTO, June 18, 2012 /CNW/ - Boyuan Construction Group, Inc., (TSX: BOY, BOY.DB, BOY.DB.A) a fast-growing construction company in China of commercial, residential and municipal infrastructure projects, announced today that it has accepted the resignation of Mr. David Horsley from the board of directors and the audit committee.
"We would like to express our sincere thanks to David," said Mr. Cai Liang Shou, Chairman of Boyuan Construction Group. "He has made a number of significant contributions to the Company over the past three years as a director and as chair of the audit committee."
Prof. Fang Lixin will join the audit committee as a member and Mr. Francis Leong will take over as chair of the audit committee.
About Boyuan Construction Group, Inc.
Based in Jiaxing City, China, Boyuan Construction Group, Inc. is in the business of commercial building and residential construction, municipal infrastructure and engineering projects. In its last three fiscal years ending June 30, 2011, Boyuan completed more than 80 projects for a number of private and public sector clients. Boyuan's current project backlog includes residential, commercial, industrial and mixed-use developments. From its operating bases in Zhejiang Province and in Hainan Province, Boyuan focuses on construction projects in China's fast-growing regions of the Yangtze River Delta, Hainan Province and Shandong Province. For more information visit www.boyuangroup.com.
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For further information:
Boyuan Construction Group, Inc.
Mr. Paul Law, CFO
+(852) 9329 5088
(416) 815 0700 ext. 253