Infobird Co. Ltd. announced Mr. Chunhsiang Chen has resigned from his position as a chief technology officer of the company. In addition, the board has approved the appointments of Mr. Xiangyang Wen, an independent director of the company.

Mr. Wen will also serve on the audit committee (the audit committee), the compensation committee (the compensation committee) and the nominating and corporate governance committee (the nominating and corporate governance committee) of the Board, effective November 28, 2022. Mr. Wen is the chief executive officer of Zhenwei (Kunming) Biotechnology Co. Ltd. (“Zhenwei”).

Prior to joining Zhenwei, he was a product manager at China Minsheng Banking Corp. Ltd. from July 2019 to March 2021. Prior to that, he served as a product manager at Sunlands Technology Group from March 2018 to June 2019.

Prior to that, he was a financial manager at Beijing Zhongsou Network Technology Corporation Ltd. from June 2015 to February 2018. Mr. Wen received his bachelor degree in Japanese from Yunnan University. After these changes, the company's Board is comprised of Mr. Yimin Wu (the chairman of the Board), Ms.Yiting Song, Ms. Cheuk Yee Li, Ms. Qian Qu (independent director), Mr. Feng Liu (independent director), Mr. Xuan Li (independent director) and Mr. Xiangyang Wen (independent director).

The Audit Committee is comprised of Ms. Qian Qu (chairman), Mr. Feng Liu and Mr. Xiangyang Wen. The Compensation Committee is comprised of Mr. Feng Liu(chairman) and Mr. Xiangyang Wen. The Nominating and Corporate Governance Committee is comprised of Mr. Xiangyang Wen (chairman) and Mr. Xuan Li.