VERTICAL INT'L Holdings Limited announced that, effective December 27, 2024, Mr. Mai Junhui has been appointed as Executive Director, and Mr. Tang Kaihong and Mr. Wu Yuantao have been appointed as Independent Non-Executive Directors to strengthen the composition of the Board of Directors. Mr. Mai will receive an annual salary of 0.6 million HKD, while Mr. Wu's annual director's fee will be 0.072 million HKD. The newly appointed Executive Director, Mr. Mai Junhui, 45 years old, holds dual bachelor's degrees in Electronics and Information Technology and E-Commerce from South China University of Technology. Since November 2019, he has served as the legal representative and general manager of Shumao (Shenzhen) Blockchain Technology Co., Ltd. The newly appointed Independent Non-Executive Director...Show More

VERTICAL INT'L Holdings Limited announced that, effective December 27, 2024, Mr. Mai Junhui has been appointed as Executive Director, and Mr. Tang Kaihong and Mr. Wu Yuantao have been appointed as Independent Non-Executive Directors to strengthen the composition of the Board of Directors. Mr. Mai will receive an annual salary of 0.6 million HKD, while Mr. Wu's annual director's fee will be 0.072 million HKD. The newly appointed Executive Director, Mr. Mai Junhui, 45 years old, holds dual bachelor's degrees in Electronics and Information Technology and E-Commerce from South China University of Technology. Since November 2019, he has served as the legal representative and general manager of Shumao (Shenzhen) Blockchain Technology Co., Ltd. The newly appointed Independent Non-Executive Director, Mr. Tang Kaihong, 49 years old, previously worked in the Yunnan Province Kunming Railway Public Security Bureau, retiring as a second-level police officer. Another newly appointed Independent Non-Executive Director, Mr. Wu Yuantao, 33 years old, is a licensed lawyer in China, with rich experience in corporate governance, strategy consulting, and industry integration. According to the GEM Listing Rules, the three new directors will serve until the first annual general meeting of shareholders after their appointment, at which time they will retire and be eligible for re-election. Subsequently, they will retire at least every three years as required. The company confirms that the new Independent Non-Executive Directors meet the independence requirements and have no relationships with the company's major shareholders or related parties.