Roan Holdings Group Co., Ltd. Announces Executive Changes
May 11, 2021 at 09:43 pm IST
Share
On May 7, 2021, Roan Holdings Group Co., Ltd.’s Chief Financial Officer (the “CFO”) Ms. Lihua Shen submitted her resignation as CFO to the Board of Directors (the “Board”). The Board accepted the resignation and appointed Ms. Lifang Lou as the Acting CFO. The engagement was effective on May 10, 2021. Based on the Employment Agreement (the “Agreement”) that Ms. Lifang Lou signed with the subsidiary of the company on February 20, 2021 as such subsidiary’s Vice Director of Accounting, Ms. Lifang Lou will receive compensation of RMB 264,000 based on her operating and management performance. The Agreement has an initial term commencing on February 20, 2021 and ending on February 19, 2024, and will, subject to the terms in the Agreement, automatically renew for successive one year periods. Ms. Lou will serve as the company’s Acting CFO under the Agreement. Ms. Lou Lifang has 17 years of experience in accounting and financial management. Before joining the company on February 20, 2021, she served as the Chief Financial Officer of Zhejiang Kuojie Technology Co., Ltd. from January 2020 to January 8, 2021.
Roan Holdings Group Co., Ltd., formerly China Lending Corporation, is engaged in providing loan facilities to micro, small and medium sized enterprises (MSMEs), and proprietors in the Xinjiang Uyghur Autonomous Region (Xinjiang Province) of the Peopleâs Republic of China. The Company offers loans to industries, including commerce, service, supply chain finance, manufacturing, real estate, mineral and energy, and others. Its subsidiaries include Adrie Global Holdings Limited (Adrie), Feng Hui Ding Xin (Beijing) Financial Consulting Co., Limited (Consulting) and Xinjian Feng Hui Jing Kai Direct Lending Limited (XWFOE). Adrie is a holding company that has no operations and no assets, and has ownership in Feng Hui Financial Group. Consulting is engaged in the business of providing risk management-related financial consulting services to third-party direct lending companies in China. XWFOE is focused on providing direct loans to MSMEs and proprietors in Xinjiang Province.