Change of CEO - Form 8-K filed March 13, 2024 h
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Posted On: 03/13/2024 8:49:12 PM
Change of CEO - Form 8-K filed March 13, 2024
https://www.otcmarkets.com/filing/html?id=173...Kfyqm3AB3h
Includes:
"On March 13, 2024, Mr. Xianlong Wu was removed by the Board from his positions as the chief executive officer [“CEO”] of the Company and Chairman of the Board, effective March 13, 2024.
The Board believes that Mr. Xianlong Wu’s mis-judgement has led to financial losses and damage to the Company’s position in the market, and caused the Company’s delisting from Nasdaq, which is a significant blow to our reputation and financial stability.
To fill in the vacancy created by the removal of Mr. Xianlong Wu, on March 13, 2024, the Nominating Committee recommended, and the Board appointed, Ms. Ling Sun to serve as the new CEO of the Company and Chairwoman of the Board, effective March 13, 2024.
Ms. Ling Sun founded Guizhou Jiashenghe Technology Co., Ltd (“Guizhou Jiashenghe”) and has served as the CEO of Guizhou Jiashenghe from October 2017 to May 2020, and its CFO since May 2020.
From August 2005 to September 2017, she served as the portfolio manager at Guizhou Zhexing Co., Ltd. Ms. Ling Sun obtained her bachelor’s degree in history from Guizhou Normal University."
https://www.otcmarkets.com/filing/html?id=173...Kfyqm3AB3h
Includes:
"On March 13, 2024, Mr. Xianlong Wu was removed by the Board from his positions as the chief executive officer [“CEO”] of the Company and Chairman of the Board, effective March 13, 2024.
The Board believes that Mr. Xianlong Wu’s mis-judgement has led to financial losses and damage to the Company’s position in the market, and caused the Company’s delisting from Nasdaq, which is a significant blow to our reputation and financial stability.
To fill in the vacancy created by the removal of Mr. Xianlong Wu, on March 13, 2024, the Nominating Committee recommended, and the Board appointed, Ms. Ling Sun to serve as the new CEO of the Company and Chairwoman of the Board, effective March 13, 2024.
Ms. Ling Sun founded Guizhou Jiashenghe Technology Co., Ltd (“Guizhou Jiashenghe”) and has served as the CEO of Guizhou Jiashenghe from October 2017 to May 2020, and its CFO since May 2020.
From August 2005 to September 2017, she served as the portfolio manager at Guizhou Zhexing Co., Ltd. Ms. Ling Sun obtained her bachelor’s degree in history from Guizhou Normal University."
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.