Mr. Ming Ni resigned as the Chief Operation Officer (the "COO") of Metalpha Technology Holding Limited (the "Company"), effective on the same day. Mr. Ming Ni confirmed that his resignation was due to personal reasons and was not the result of any dispute or disagreements with the Company on any matter relating to the Company's operations, policies or practices.
The board of directors of the Company (the "Board") approved the appointment of Ms. Xiaosi Zhang as the new COO, effective on the same date.
In addition, on the same date, Mr. Limin Liu has proposed to resign as a member of the Board, effective as of June 30, 2025. Mr. Limin Liu confirmed that his resignation was due to personal reasons and was not the result of any dispute or disagreements with the Company on any matter relating to the Company's operations, policies or practices.
Ms. Xiaosi Zhang has over 15 years of leadership experience in global financial institutions especially human resource area which perfectly fits the Company's high demand of talents for its global expansion. Ms. Zhang served as the Executive Director, Head of Risk Control, Head of Executive Office at China Development Bank International Investment Limited. Before that, Ms. Zhang was HR & Administration Manager at HuaTai Financial Holdings. Ms. Zhang obtained her bachelor's degree in Journalism from Nanjing University and a master's degree in Communication from Hong Kong Baptist University.
