Greater China Capital Inc. Announces Appointment of New Director

TORONTO, Feb. 10, 2012 /CNW/ - Greater China Capital Inc. ("Greater China") (TSXV:GCA.P), a capital pool company listed on the TSX Venture Exchange, announced today that that William Thomson has resigned from the board of directors. Mr. Thomson has been a director of Greater China since its inception on February 18, 2010, and after serving for almost two years, has decided to pursue other interests. Greater China is grateful to Mr. Thomson for his contribution to the company.

Greater China is pleased to announce that Ms. Xuan Wang, CGA, has been appointed to the board of directors to fill the vacancy left by Mr. Thompson's departure. Ms. Wang has extensive experience in accounting, auditing and taxation and holds a Masters of Business Administration degree from York University.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Mr. Charles Qin, President and Chief Executive Officer [phone]