Cascadia Consumer Electronics Corp. announced that Mr. Ying Zhou tendered his resignation as a director of the company and Ms. Rachel Wang was appointed as a director to fill the vacancy created by Mr. Zhou's resignation. Ms. Rachel Wang is appointed as the company's President and CEO; replacing Mr. Di (Danny) Deng, who will remain to be the Chairman of the Board of Directors.

Prior to joining Cascadia, Ms. Wang has extensive experience in the financial industry and was most recently with the Bank of Montreal in their Asia operations. Rachel currently acts as the executive secretary of the Asia Blockchain Foundation. Mr. Garry Wong, CFA is appointed as the Chief Financial Officer and Corporate Secretary replacing Mr. Ying Zhou and Ms. Yan Zhang respectively.

Garry is a seasoned CFO and corporate finance executive with 20 years of solid financial management and cross-border mergers & acquisitions transactional experiences in various sectors including the technology and biotech industries. Prior to joining Cascadia, Garry most recently served as the Vice President Finance of Quark Venture Inc. Mr. Robin Guo is appointed as the Chief Operating Officer, a newly created executive position to oversee the operation and expansion of the company on a worldwide basis. Robin is an expert in the Blockchain technology with extensive experience in the cryptocurrency sector.

Mr. Guo is the founding member of the Asia Digital Asset Finance Association and the Managing Director of Asia Blockchain Foundation.