On October 15, 2024, INNO Holdings Inc. underwent significant leadership changes, as reported in a Form 8-K filing with the SEC. Tianwei Li stepped down as Chief Executive Officer but will continue his roles as Chief Financial Officer and director. Li Gong resigned as Chief Operations Officer, and Ying Liu left her positions as Chairwoman and director. Chen Sung also resigned from his director role. These departures were not due to any disagreements with the company's operations or practices. Following these changes, Ding Wei was appointed as the new Chief Executive Officer, Chairman, and Director, effective immediately, based on a previous agreement with SPA II Investors. Yufang Qu was appointed to the Board to fill the vacancy left by Chen Sung...Show More

On October 15, 2024, INNO Holdings Inc. underwent significant leadership changes, as reported in a Form 8-K filing with the SEC. Tianwei Li stepped down as Chief Executive Officer but will continue his roles as Chief Financial Officer and director. Li Gong resigned as Chief Operations Officer, and Ying Liu left her positions as Chairwoman and director. Chen Sung also resigned from his director role. These departures were not due to any disagreements with the company's operations or practices. Following these changes, Ding Wei was appointed as the new Chief Executive Officer, Chairman, and Director, effective immediately, based on a previous agreement with SPA II Investors. Yufang Qu was appointed to the Board to fill the vacancy left by Chen Sung. Both Wei and Qu's appointments are part of a strategic move following a securities purchase agreement with SPA II Investors. The company confirmed that there are no familial relationships or material interests in transactions involving the new appointees that need to be disclosed under SEC regulations. Ding Wei will receive an annual salary of $60,000, while Yufang Qu will be compensated with $10,000 per quarter for their services.