On March 31, 2024, INNO Holdings Inc. experienced a significant change in its board composition. The company, listed on The Nasdaq Stock Market under the trading symbol INHD, announced the immediate removal of Xiaogang Zhang and Richard Haws from its Board of Directors. Both Zhang and Haws were independent directors and members of the Compensation and Audit Committees. Concurrently, the majority shareholders elected Qiaowei Fang and Yihan Cai as new directors to fill the vacancies. Fang brings experience as a Co-Founder and Senior Partner at the Grand Apartment Research Institute, while Cai is a Derivatives Trader with Zhejiang Feiluo Capital Asset Management. Both are set to receive the standard non-employee director compensation of $10,000 per quarter and are expected to serve on the Compensation and Audit Committees. The company confirmed that there are no familial ties or financial transactions involving the new directors that would constitute a conflict of interest.

On March 31, 2024, INNO Holdings Inc. experienced a significant change in its board composition. The company, listed on The Nasdaq Stock Market under the trading symbol INHD, announced the immediate removal of Xiaogang Zhang and Richard Haws from its Board of Directors. Both Zhang and Haws were independent directors and members of the Compensation and Audit Committees. Concurrently, the majority shareholders elected Qiaowei Fang and Yihan Cai as new directors to fill the vacancies. Fang brings experience as a Co-Founder and Senior Partner at the Grand Apartment Research Institute, while Cai is a Derivatives Trader with Zhejiang Feiluo Capital Asset Management. Both are set to receive the standard non-employee director compensation of $10,000 per quarter and are expected to serve on the Compensation and Audit Committees. The company confirmed that there are no familial ties or financial transactions involving the new directors that would constitute a conflict of interest.