Cninsure Inc. announced that the board of directors of the company has appointed Mr. Yunxiang Tang as an independent director of the Board and Mr. Yongwei Ma has resigned from the Board following the expiration of his tenure. The appointment and resignation became effective on May 17, 2012. Mr. Tang, is a senior economist and has over 40 years of experience in business operation and management and in-depth knowledge of the PRC financial and insurance industries. He served as general manager of the People's Insurance Company (Group) of China Limited and chairman of the Board of Directors of PICC Property and Casualty Company Limited, PICC Asset Management Company Limited, PICC Life Insurance Company Limited and PICC Health Insurance Company Limited from 2000 to 2007.