China Foods Holdings Ltd., a company specializing in medicinal chemicals and botanical products, announced the appointment of two new members to its Board of Directors on May 21, 2024. The company, traded on the OTC Markets under the ticker CFOO, is based in Hong Kong and incorporated in Delaware.
Kong Liqi, 23, joins the Board with a strong academic background in Mathematics and Economics from New York University and a Master of Applied Analytics from Columbia University. Since 2024, she has been serving as the Investments Manager at HY Resources Investments Limited, where she provides investment advisory services and support in vetting new investment opportunities.
Yang Huan, 28, also appointed to the Board, is currently the Executive Manager of Alpha Wellness (HK) Limited, a wholly owned subsidiary of China Foods Holdings. With a Bachelor's degree in English Language and Literature and a double degree in Economics (Investments) from Jinan University, Ms. Yang has been overseeing various operational functions at Alpha Wellness since August 2021.
The announcement made clear that there were no prior arrangements or understandings between the appointees and any other persons concerning their election. Furthermore, neither Kong Liqi nor Yang Huan has been appointed to any committees at this time, and their compensation for serving on the Board has not yet been determined.
This move comes as part of the company's efforts to strengthen its governance and strategic oversight. The appointments are based on the individual's professional qualifications and the value they are expected to bring to the company's Board of Directors.
The information provided in this article is based on a press release statement filed with the SEC on June 13, 2024.
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