BEIJING, Dec. 1, 2023
/PRNewswire/ -- Cloopen Group Holding Limited (OTC: RAASY)
("Cloopen" or the "Company") today announced changes in the
composition of its board of directors (the "Board").
The Company received a letter of resignation dated November 30, 2023 from each of Mr. Changxun Sun,
Mr. Yipeng Li, Mr. Xiegang Xiong,
Mr. Kui Zhou and Mr. Qingsheng
Zheng, notifying the Company of their resignation as a
director of the Company, including all other positions in the Board
and its relevant committees, for personal reasons not resulting
from any disagreement with the Company on any matter relating to
the Company's operations, policies or practice, effective from
November 30, 2023. Mr. Changxun Sun,
Mr. Yipeng Li and Mr. Xiegang
Xiong will continue to serve as the chief executive officer,
chief financial officer, and chief product officer and chief
technology officer of the Company, respectively, following their
resignation from the Board.
Mr. Cheng Luo, a director and the chief executive officer
assistant of the Company, has been appointed to succeed Mr.
Changxun Sun as the chairman of the Board. Mr. Luo also replaces
Mr. Sun as a member and the chairman of the compensation committee, and a member and the chairman of
the nominating and corporate governance committee of the Board,
effective from November 30, 2023.
Mr. Pengfei Yuan, Mr. Ye Yuan,
Mr. Lei Du, Mr. Yuanqi Wang, Mr.
Ming Zhao and Mr. Zi Yang have been appointed as new directors to
serve on the Board, effective from November
30, 2023. Mr. Ye Yuan has also been appointed to
replace Mr. Kui Zhou as a member of the compensation committee, effective from November 30, 2023.
Following the foregoing changes, the Board currently consists of
ten directors, including Mr. Cheng Luo, Mr. Pengfei Yuan, Mr. Ye Yuan, Mr. Lei Du, Mr.
Yuanqi Wang, Mr. Ming
Zhao and Mr. Zi Yang, and
three independent directors, namely Mr. Adam J. Zhao, Mr. Ziguang Gao and Mr. Tim
Yimin Liu.
Biographical information relating to the newly appointed
directors is set out as follows.
Mr. Pengfei Yuan has served as our financial
director since November 2014. Prior
to joining us, Mr. Yuan served as the financial manager at the
finance department of Dongtian Fashion (Beijing) Culture Communications Co., Ltd. from
December 2013 to November 2014. Mr. Yuan served as the budget
director at the finance department of China Putian Information
Industry Co., Ltd. from October 2011
to November 2013. Mr. Yuan also
served as a senior consultant at CaseWare Software Development
(Beijing) Co., Ltd. from
August 2010 to September 2011, and a senior auditor at Baker
Tilly China Certified Public Accountants from November 2005 to August
2010. Mr. Yuan received his bachelor's degree in accounting
from Beijing Forestry University in July
2006. Mr. Yuan is a member of Chinese Institution of
Certified Public Accountants.
Mr. Ye Yuan has served as a vice president at
HongShan since October 2019. Prior to
joining HongShan, Mr. Yuan worked as a managing director at Zhongrong International Trust
Co. Ltd. from October 2013 to
October 2019. From July 2011 to October
2013, Mr. Yuan served as a vice investment director at JD
Capital. Mr. Yuan received his bachelor's degree in financial
economics from Erasmus Universiteit Rotterdam in the Netherlands in 2008.
Mr. Lei Du has served as a vice president at
HongShan since April 2016. Prior to
joining HongShan, Mr. Du worked as a Director at Kunwu Jiuding
Investment Holdings Co., Ltd. from February
2012 to March 2016. Before
that, Mr. Du served as a staff accountant at Ernst &Young from
December 2009 to June 2011 and a president assistant at Xueda
Education Group from June 2011 to
February 2012. Mr. Du received his
bachelor's degree in accounting from Peking University in
July 2009.
Mr. Yuanqi Wang has
served as a director of cross-border operations of Hunan Hisun
Mobile Pay IT Limited since March
2023. From December 2021 to
February 2023, Mr. Wang served as a
product manager of Beijing Hisunsray Information Technology Co.,
Ltd. Prior to that, Mr. Wang served as a research and development
specialist at Houghton Street Media Co., Ltd. from March to
November 2021. From July 2018 to March
2021, Mr. Wang served as an investment associate at JIC
Huawen Investment Limited. Mr. Wang received his bachelor's degree
in economics from Peking University in July
2015, and his master's degree in management from Tsinghua
University in July 2018.
Mr. Ming Zhao has served in
various positions at Hi Sun Advanced Business Solutions (BJ) Ltd.
since January 2003, with his current
role as the chairman of the board of directors. Prior to that, Mr.
Zhao served as a branch general manager at the Shenzhen Branch of Aude Computer Systems Co.,
Ltd. from June 2000 to January 2003. Mr. Zhao also served as an
independent director of China Science Publishing & Media Ltd.
(SHEX: 601858) from February 2018 to
February 2023. Mr. Zhao received his
bachelor's degree in engineering from Anhui University in July 2000, master's degree in management science
and engineering from Chinese Academy of Science in July 2012, and doctorate degree in management
science and engineering from Chinese Academy of Science in
July 2016.
Mr. Zi Yang has
served as a legal counsel of Trustbridge Partners since
March 2018. Prior to joining
Trustbridge, Mr. Yang served as a senior associate of Fangda
Partners from August 2014 to
March 2018. From June 2013 to August
2014, Mr. Yang served as an in-house legal counsel of Green
Woods Assets. Mr. Yang also served as a lawyer of JunHe Law Offices
from September 2011 to June 2013. Mr. Yang served as our director from
July 2019 to February 2021. Mr. Yang received his bachelor's
degree in law in 2008 and master's degree in law in 2011 from East
China University of Political Science and Law, and his LL.M from
University of Wisconsin-Madison in
2010.
About Cloopen Group Holding Limited
Cloopen Group Holding Limited is a leading multi-capability
cloud-based communications solution provider in China offering a full suite of cloud-based
communications solutions, covering communications platform as a
service (CPaaS), cloud-based contact centers (cloud-based CC), and
cloud-based unified communications and collaborations (cloud-based
UC&C). Cloopen's mission is to enhance the daily communication
experience and operational productivity for enterprises. Cloopen
aspires to drive the transformation of enterprise communications
industry by offering innovative marketing and operational tactics
and SaaS-based tools.
For more information, please visit
https://ir.yuntongxun.com.
Forward-Looking Statements
This press release contains forward-looking statements made
under the "safe harbor" provisions of Section 21E of the Securities
Exchange Act of 1934, as amended, and the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can
be identified by terminology such as "will," "expects,"
"anticipates," "future," "intends," "plans," "believes,"
"estimates," "confident" and similar statements. Cloopen may also
make written or oral forward-looking statements in its reports
filed with or furnished to the SEC, in its annual report to
shareholders, in press releases and other written materials and in
oral statements made by its officers, directors or employees to
third parties. Any statements that are not historical facts,
including statements about Cloopen's beliefs and expectations as
well as its financial outlook, are forward-looking statements.
These forward-looking statements are based on Cloopen's current
expectations and involve factors, risks and uncertainties that
could cause actual results to differ materially from those in the
forward-looking statements. Further information regarding these and
other risks, uncertainties or factors is included in Cloopen's
filings with the SEC. All information provided in this press
release is current as of the date of the press release, and Cloopen
does not undertake any obligation to update such information,
except as required under applicable law. All forward-looking
statements are qualified in their entirety by this cautionary
statement, and you are cautioned not to place undue reliance on
these forward-looking statements.
For investor and media inquiries, please contact:
Cloopen Group Holding Limited
Investor
Relations
Email: ir@yuntongxun.com
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SOURCE Cloopen Group Holding Limited