China Information Technology Inc fka CNIT

[dirkv]

chairman and CEO, Mr. Jianghuai
Lin, has purchased 1 million ordinary shares of the company in a private
transaction at a price of $1.20 per share.

This purchase is apart and separate from Mr. Lin's share purchase plan,
announced November 10, 2016, to purchase $1 million worth of the company's
ordinary shares over a one-year period.

Subsequent to this purchase, Mr. Lin now owns a total of 16,886,534 CNIT
ordinary shares, or approximately 42 percent of the company's shares
outstanding.