On May 31, 2024, INNO Holdings Inc. announced significant changes to its executive team and Board of Directors. Dekui Liu resigned from his roles as Chief Executive Officer, Chairman, and Director of the Board. His resignation was not due to any disagreements with the company's operations or practices. Subsequently, Tianwei Li was appointed as the new CEO and CFO, as well as a Director, effective June 3, 2024. Li's extensive financial background includes positions at J.P. Morgan and Boustead Securities, LLC. Additionally, Ying Liu was appointed as the new Chairwoman of the Board. She is the mother of the departing CEO, Dekui Liu, and has been with the company since September 2021. The company also reported the removal of Yihan Cai and...Show More

On May 31, 2024, INNO Holdings Inc. announced significant changes to its executive team and Board of Directors. Dekui Liu resigned from his roles as Chief Executive Officer, Chairman, and Director of the Board. His resignation was not due to any disagreements with the company's operations or practices. Subsequently, Tianwei Li was appointed as the new CEO and CFO, as well as a Director, effective June 3, 2024. Li's extensive financial background includes positions at J.P. Morgan and Boustead Securities, LLC. Additionally, Ying Liu was appointed as the new Chairwoman of the Board. She is the mother of the departing CEO, Dekui Liu, and has been with the company since September 2021. The company also reported the removal of Yihan Cai and Qiaowei Fang as independent directors from the Board. To fill their positions, Hongbo Li and Tao Xu were elected as independent directors, effective immediately. Both bring a wealth of experience, with Hongbo Li having served in senior roles at Baolingbao Biology Co., Ltd., and Tao Xu as a director at Fuda Capital Ltd. and CEO at Jinyide Culture Media Co., Ltd. The new directors will receive the same compensation as other non-employee directors, amounting to $10,000 per quarter.