Santech Holdings Limited announced on August 19, 2024, that Mr. Vincent Chun Hung Chan has resigned from his position as an independent director of the board, effective immediately. The resignation was cited as being for personal reasons and did not result from any disagreement with the company.Following Mr. Chan's departure, Santech's board will consist of four members: Mr. HAN Hongwei, Ms. WANG Dian, Mr. Joel A. GALLO, and Ms. CHEN Jie, with GALLO and CHEN serving as independent directors. CEO Wang Dian expressed gratitude for Chan's contributions and wished him success in future endeavors.Santech, a consumer-focused technology company listed on NASDAQ (STEC), has exited its historical financial services businesses and is exploring new opportunities in technology, including new retail, social e-commerce, and metaverse.

Santech Holdings Limited announced on August 19, 2024, that Mr. Vincent Chun Hung Chan has resigned from his position as an independent director of the board, effective immediately. The resignation was cited as being for personal reasons and did not result from any disagreement with the company.Following Mr. Chan's departure, Santech's board will consist of four members: Mr. HAN Hongwei, Ms. WANG Dian, Mr. Joel A. GALLO, and Ms. CHEN Jie, with GALLO and CHEN serving as independent directors. CEO Wang Dian expressed gratitude for Chan's contributions and wished him success in future endeavors.Santech, a consumer-focused technology company listed on NASDAQ (STEC), has exited its historical financial services businesses and is exploring new opportunities in technology, including new retail, social e-commerce, and metaverse.