BEIJING, Sep. 30, 2009 (Xinhua News Agency) -- E-House (China) Holdings Ltd. (EJ.NYSE), a leading real estate services company in China, recently announced a management reshuffling.

According to the announcement, the former CEO Zhou Xi has resigned the position and will take on a new position as executive chairman of the board. Meanwhile, Zhou has been appointed as a co-chairman of the board of directors and CEO of China Real Estate Information Corporation, a subsidiary of E-House, formerly known as CRIC Holdings Ltd. (CRIC).

Charles Cao has resigned from the board of E-House to become a co-chairman of CRIC, a change only to become effective after the latter's successful US listing.

Also, Zang Jianjun, formerly the head of E-House's primary real estate agency business segment, has been appointed as the acting CEO of E-House and a director of the board.

Zhou noted that he will continue to oversee E-House's overall growth strategy and further focus on the growth and integration of E-House's real estate information and consulting services with SINA's online real estate business.

E-House's real estate information and consulting services business is operated by CRIC Holdings Ltd. (CRIC), which will merge with the online real estate business of SINA Corporation (NASDAQ:SINA) (SINA.NASDAQ) after being listed on the US market.