Financial Consulting and Guarantee Company China YiBai Selects The Crone Law Group for Legal Advisory

USA - English

• USA - English

DALIAN, China, April 26 /PRNewswire-Asia-FirstCall/ -- China YiBai United Guarantee International Holding Inc. (Pink Sheets: CBGH), an emerging Chinese company in providing innovative financial services for small and medium enterprises in China, announced today that it has selected The Crone Law Group as its legal advisor.

China YiBai CEO Alex Li said, "China YiBai is pleased to be represented by such an experienced legal advisor. The Crone Law Group, based in San Francisco, is a professional law firm that specializes in providing strategic counsel for emerging companies and has significant experience with Chinese companies. The lawyers of The Crone Law Group have worked previously in well-known law firms and have on average over 15 years experience in law. The Crone Law Group's expertise in corporate and securities law enables them to provide full legal services for issues about entrepreneurship, financing, acquisition and reverse mergers and IPOs. Moreover, The Crone Law Group provides relevant counsel about securities transactions and periodic disclosure. China YiBai is looking forward to developing a long-term partnership with The Crone Law Group as we work to achieve our long-term strategy and build shareholder value.

More information about The Crone Law Group can be found at http://www.cronelaw.com/ .

About China YiBai United Guarantee International Holding Inc.

China YiBai United Guarantee International Holding Inc. and its wholly owned subsidiaries provide innovative financial services for small and medium enterprises (SMEs) including equity financing, asset management and multi-level domestic and overseas capital market listings. China YiBai is a sponsor and market maker on China's over-the-counter market, the Tianjin Equity Exchange, which specializes in financing and investment services for high-tech enterprises. More information may be found at http://www.yibaichina.com .

An online investor kit including a company profile, press releases, current price quotes, stock charts and other valuable information for investors is available at http://www.hawkassociates.com/profile/cbgh.cfm . To subscribe to future releases via e-mail alert, visit http://www.hawkassociates.com/about/alert/ .

About The Crone Law Group

The Crone Law Group is a San Francisco, California-based corporate and securities law firm with additional offices in Beijing, China and Los Angeles, California. The Firm's expertise includes providing legal services for reverse mergers, corporate finance, M&A and U.S. securities law matters as well as business and securities litigation services. CLG has built a strong presence in China with over 6 years experience providing legal services to U.S. listed companies with operations in China. The Firm has experienced Mandarin speaking attorneys and staff and has represented over 30 China-based clients. CLG has established a robust practice over the past 10 years through its strong understanding of the needs of small public and private companies, creative fee structures and big firm quality service at small firm prices. Additional information can be found at the Company's website http://www.cronelaw.com .

Forward-Looking Statements

This press release contains certain statements that may include "forward-looking statements." All statements other than statements of historical fact included herein are "forward-looking statements." These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Pink Sheets. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

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