Item 5.02
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
(a) Resignation of Directors
The disclosures set forth in Item 1.01 above are incorporated by reference into this Item 5.02(a).
There were no disagreements between Dr.. Alataris and the Company or any officer or director of the Company.
(b) Resignation of Officers
The disclosures set forth in Item 1.01 above are incorporated by reference into this Item 5.02(b).
(c) Appointment of Directors
The disclosures set forth in Item 1.01 above are incorporated by reference into this Item 5.02(c).
(d)
Appointment of Officers
The disclosures set forth in Item 1.01 above are incorporated by reference into this Item 5.02(d).
The business background descriptions of the newly appointed officer and directors are as follows:
John H. Yeung, Chief Executive Officer and Chairman
John H. Yeung, Chinese American scientist and entrepreneur. In 1980 Mr. Yeung was hired as a Bell Laboratory senior engineer, where he participated in UNIX, e-mail, and Internet development projects. Mr. Yeung is well-known in the professional fields of electronic security, electronic applications, electronic networks, parallel super computer systems, wireless technology, office automation systems and other high-tech fields. In 1985, Mr. Yeung founded the YOUNGTECH Incorporation, and in 1995 he established Cyber Express Inc. and created a "global information network", and proposed the creation of "Chinese information superhighway" concept and strategy. In 2003, he invested in SysAir Company and the US Radio Communication Technology Company and served as the Chairman and CEO for each of these three companies. In 2003, Mr. Yeung organized and launched the New Jersey Chinese America Chamber of Commerce, and in 2006, he established the US-China Export Association. He served as Chairman of both organizations.
Shirley Cheng, Chief Financial Officer, Secretary and Director
Shirley Cheng Sze Ki,
has served as the Network CN Inc.'s (NWCN) Chief Financial Officer since February 2015, and she has served as NWCN's Interim Chief Financial Officer and Corporate Secretary, since April 2012. She has served as the Finance Manager of NCN Group Management Limited, NWCN's subsidiary, since March 2008. Prior to that, Ms. Cheng served from 2004 to 2008 as an auditor with PricewaterhouseCoopers, an international firm of certified public accountants. Ms. Cheng holds a Bachelor's Degree in Business Administration with a major in Accountancy from the Hong Kong Baptist University and is an associate member of the Hong Kong Institute of Certified Public Accountants.
Fang Xihong, Director
Fang Xihong founded Guangdong Jianchen Real Estate Development Co., Ltd. in November 2008. The company operates primarily in business services and real estate development, and has successfully operated many
specialized
markets, including tea, mobile phone and clothing. Prior to that, he was involved in planning and management positions of a many companies and has accumulated a wealth of experience in enterprise operations management. In May 2010, Mr. Fang Xihong founded Guangzhou Jianchen Investment Co., Ltd., and successfully acquired Huilai Nanchun Industrial Co., Ltd. as the Chairman of the board. He also developed Huilai Royal International Plaza, which is a commercial and residential complex. In February 2016, he served as Guangzhou Tea Fox Technology Co., Ltd.'s Chairman and General Manager. Mr. Fang was born in 1978, and graduated from South China Normal University, where he studied Business Management.
Wei Zhang, Director
Zhang Wei, a speaker and best-selling author, Mr. Zhang also acts as top business model expert and business consultant in China. He personally taught nearly 10 million entrepreneurs and has acted as a consultant, counseling over 30 listed companies. Mr. Zhang holds Bachelor's Degree in majoring in computer science and application.