J-Star Holding Appoints Sam Van as New CEO to Drive Growth
J-Star Holding Welcomes Sam Van as Chief Executive Officer
J-Star Holding Co., Ltd. (NASDAQ: YMAT), known for its innovative carbon fiber and composite solutions, has appointed Sam Van as its new Chief Executive Officer. This announcement marks a significant step forward for the company as it embarks on an exciting phase of expansion and product development.
Transition and Leadership
Effective October 1, Mr. Van will take over from Jonathan Chiang, who has served as CEO since the company’s inception and will remain active as Chairman of the Board. Chiang's focus will shift to fostering innovation and maintaining strong relationships with key customers, ensuring J-Star's place as a leader in its field.
Current Industry Position
Mr. Van’s appointment comes at a crucial time for J-Star, following its recent public offering. The company is in the process of optimizing its state-of-the-art manufacturing facility in Taiwan and is gearing up for a significant expansion into the United States market. This includes setting up a new production line, research and development center, and administrative offices, as well as launching its own line of sporting goods and electric bicycles.
Strategic Growth Initiatives
Under Mr. Van's guidance, J-Star plans to accelerate growth through both organic means and strategic mergers and acquisitions. His extensive experience in capital markets positions him as an ideal leader to drive these initiatives forward.
Sam Van's Background
Bringing a wealth of knowledge and leadership skills, Mr. Van has a remarkable history of assisting over 70 companies in completing their initial public offerings and successfully listing on major exchange platforms such as the New York Stock Exchange and Nasdaq. Prior to joining J-Star, he served as CEO of SRO Partners, where he focused on high-growth companies, and held significant positions, including Senior Vice President and Head of Advisory Services for Freedom U.S. Markets. Notably, Van has also contributed to the business development efforts of the New York Stock Exchange and worked with FINRA.
Words from Leadership
“Sam is the right leader to guide J-Star into its next chapter as a public company,” stated Jonathan Chiang. “With his extensive experience in global capital markets, I am confident that his leadership will drive J-Star’s growth and create significant value for our shareholders.”
Personal Insights
Expressing his excitement about the new role, Sam Van stated, “As an avid tennis player, I have personally experienced the superior quality of racquets made from J-Star carbon fiber. I feel honored to lead an innovative company that has powered numerous champions. This transformative time will enable us to strengthen our global presence and create lasting value.”
About J-Star Holding Co., Ltd.
J-Star (NASDAQ: YMAT) operates through subsidiaries in Taiwan, Hong Kong, and Samoa, with its headquarters in Taiwan. Established over 50 years ago, it has built expertise in the composites industry. The company specializes in developing and commercializing carbon reinforcement technology and resin systems, which are integral to a diversity of lightweight, high-performance products. These include essential components for electric bicycles, sports equipment, automotive parts, and healthcare products.
Contact Information
For inquiries, please contact Matt Chesler, CFA, at FNK IR, phone number 646-809-2183, or via email at investor@j-starholding.com.
Frequently Asked Questions
What is J-Star Holding's main business focus?
J-Star Holding specializes in innovative carbon fiber and composite solutions for industries including sports, healthcare, automotive, and more.
Who is the new CEO of J-Star Holding?
Sam Van has been appointed as the new Chief Executive Officer of J-Star Holding, effective October 1.
What are the company's plans for expansion?
J-Star plans to expand into the United States with new production lines, an R&D center, and by launching its own brands of sporting goods.
How long has J-Star been in operation?
J-Star Holding has been in operation for over 50 years, developing expertise in the material composites industry.
What is the stock ticker for J-Star Holding?
The stock ticker for J-Star Holding Co., Ltd. is YMAT, and it is listed on NASDAQ.
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