On October 23, 2024, INNO Holdings Inc. announced significant changes to its Board of Directors. Tianwei Li resigned from his role as a director but will continue serving as the Chief Financial Officer of the company. His resignation was not due to any disagreements with the company's operations or accounting practices. Similarly, Hongbo Li also resigned from his position as a director and as a member of the Compensation Committee and the Audit Committee, with no disagreements cited. To fill the vacancies, the Board appointed Mengshu Shao and Yongbo Mo as directors, effective immediately. Shao brings experience from Agile Group, Cedar Holdings, and PwC Mainland China, and holds a master's degree in accounting from Jinan University. Mo, with a background...Show More

On October 23, 2024, INNO Holdings Inc. announced significant changes to its Board of Directors. Tianwei Li resigned from his role as a director but will continue serving as the Chief Financial Officer of the company. His resignation was not due to any disagreements with the company's operations or accounting practices. Similarly, Hongbo Li also resigned from his position as a director and as a member of the Compensation Committee and the Audit Committee, with no disagreements cited. To fill the vacancies, the Board appointed Mengshu Shao and Yongbo Mo as directors, effective immediately. Shao brings experience from Agile Group, Cedar Holdings, and PwC Mainland China, and holds a master's degree in accounting from Jinan University. Mo, with a background in investment and finance, joins from Shanghai Haineng Investment Consulting Company. Both appointees have no familial ties with other directors or executive officers and have not been involved in any material transactions with the company. They will each receive a quarterly compensation of $10,000 for their service as non-employee directors. Yongbo Mo is also expected to serve on the Compensation Committee and Audit Committee.