Mercurity Fintech Holding Inc. (the "Company" or "MFH")
(Nasdaq: MFH), a digital fintech group powered by
blockchain technology, today announced that its Board of Directors
(the “Board”) has appointed Alan Curtis, Daniel Kelly Kennedy,
Zheng Cui, Qian Sun and Hui Cheng as new directors of the Company
effective as of October 9, 2022, among whom Alan Curtis, Zheng Cui
and Hui Cheng are deemed independent under Nasdaq Rule 5605(a)(2).
"We are pleased to welcome Alan, Daniel, Zheng,
Qian and Hui as new directors to the Board at this important time.
We are confident they will bring a wealth of knowledge and
experience that further strengthen and diversify the perspectives
and expertise of our Board as we continue to execute our strategy
and enhance value," said Shi Qiu, CEO of the Company.
About Alan Curtis
Mr. Alan Curtis, age 79, is an American public
policy expert. Mr. Curtis served as a public safety advisor to
Presidents Lyndon B. Johnson and Jimmy Carter. Since 1968, Mr.
Curtis has served on the National Advisory Commission on Civil
Disorders, known as the Kerner Commission. In 1969, Mr. Curtis was
appointed as an Assistant Director of Crimes of Violence task force
on President Lyndon B. Johnson's National Commission on the Causes
and Prevention of Violence. Between 1977 and 1981, Mr. Curtis
served as Executive Director of President Jimmy Carter's Urban and
Regional Policy Group and as an Urban Policy Advisor to the
Secretary of Housing and Urban Development. In 1981, Mr. Curtis was
named as Founding President and Chief Executive Officer of the
Milton S. Eisenhower Foundation, which identifies, funds,
evaluates, and builds evidence-based programs for disadvantaged
American youth and families. In 2018, Mr. Curtis published a book
titled Healing Our Divided Society: Investing in America Fifty
Years after the Kerner Report, and Mr. Curtis proposed
evidence-based policies for employment, education, housing,
community development, and criminal justice. Mr. Curtis holds an
A.B. in Economics from Harvard, a M.Sc. in Economics from the
University of London and a Ph.D. in Criminology and Urban Policy
from the University of Pennsylvania.
About Daniel Kelly Kennedy
Mr. Daniel Kelly Kennedy, age 38, is an educator,
writer and inspirational leader in international business and
entrepreneurship. From August 2015 to August 2016, Mr. Kennedy was
an Academic English Professor at Moraine Park Technical College in
Beaver Dam, Wisconsin. From August 2016 to August 2017, Mr. Kennedy
was an International Business/Social Media Coordinator at Mozaik
Education in Szeged, Hungary. From September 2017 to May 2018, Mr.
Kennedy worked as a Yoga/Meditation teacher at the Lodge at
Woodloch in Hawley, Pennsylvania. From August 2020 to July 2022,
Mr. Kennedy worked as an Academic English Professor at Campus
Education in New York City. From June 2021 to the present, Mr.
Kennedy has been a Columnist for “Entrepreneur Magazine” in New
York City. Mr. Kennedy has been writing and publishing articles on
various subject ranging from finance to lifestyle. Since June 2022,
Mr. Kennedy has worked at BIT Mining, a leading publicly traded
cryptocurrency mining company, as a Marketing Manager responsible
for managing social media, public relations, investor relations and
maintaining a professional and intelligent public image. Mr.
Kennedy holds a bachelor’s degree in history and a Master’s degree
in Education from King’s College in Pennsylvania.
About Zheng Cui
Mr. Zheng Cui, age 36, is a sales and marketing
professional, advisor, and entrepreneur. From 2011 to 2014, Mr. Cui
worked at Martinwolf, a M&A advisory firm, as an Analyst
providing various analytic and research supports in advisory
assignments, including sell-side and buy-side M&A transactions,
cross-border corporate strategy advisory and limited finder. From
2014 to 2020, Mr. Cui worked at Beyondsoft, a leading IT
consulting, solution and services provider, as a sales and
marketing professional responsible for the U.S. and Australia
markets. In addition, in 2013, Mr. Cui founded Indeed Consulting
Company, an education consulting firm, and built Indeed Consulting
Company until 2020, which currently has two offices and over 100
consultants. In 2020, Mr. Cui joined in Mont Bleu Web3 Investment
and Advisory as a Partner to provide investment and advisory
services to support portfolio and client services for Web3. In
2021, Mr. Cui invested and founded Be Humble, a cannabis investment
company. Mr. Cui graduated from the University of California,
Berkeley, with a Bachelor of Arts degree in Political Economy.
About Qian Sun
Ms. Qian Sun, age 34, has more than 10 years of
experience in corporate management and industrial investment. In
2010, Ms. Sun joined Shenzhen Worldunion Group, a publically traded
real estate services company in China, as a Project Planner in
Northern China, responsible for the project planning and marketing
in Northern China. Thereafter, from 2012 to 2017, Ms. Sun worked at
Bei Hui United Education, an online education company, as an
Assistant to the Chairman and Operation Director respectively,
responsible for the development of the company's curriculum and
daily operation management. From 2017 to 2020, Ms. Sun worked at
Blockchainer, a blockchain consulting and incubation platform
company, as a Partner responsible for providing one-stop consulting
and incubation services in the blockchain field. From 2020 to 2022,
Ms. Sun worked at Consensus Labs, a leading blockchain investment
and research firm, as a Partner responsible for industry research
and post-investment management. Ms. Sun holds a bachelor's degree
in Management from Beijing Normal University.
About Hui Cheng
Mr. Hui Cheng, age 30, is an entrepreneur in the
Internet and financial technology industry. From 2016 to 2018, Mr.
Cheng worked at IDG Capital, a venture capital investment firm, as
an Investment Associate. From 2018 to 2019, Mr. Cheng worked at
Qudian Group (NYSE:QD), a financial technology service company in
China, as a Special Assistant to the Chief Executive Officer,
responsible for business globalization. From 2019 to 2022, Mr.
Cheng worked for Kuaishou Technology (SEHK:01024), a live streaming
services and online marketing services provider, responsible for
Kuaishou Technology’s global operation, including marketing and
localization operations in Latin America and Southeast Asia. Mr.
Cheng holds a Bachelor of Science and a Master of Science in
Management from Tsinghua University.
About Mercurity Fintech Holding Inc.
Limited
Mercurity Fintech Holding Inc. is a digital
fintech group powered by blockchain technology. The Company’s
primary business scope includes digital asset trading, asset
digitization, cross-border remittance and other services, providing
compliant, professional, and highly efficient digital financial
services to its customers. The Company recently began to narrow in
on Bitcoin mining, digital currency investment and trading, and
other related fields. This shift has enabled the company to deepen
its involvement in all aspects of the blockchain industry, from
production to circulation.
Forward-Looking Statements
This announcement contains forward-looking
statements within the meaning of the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. All statements
other than statements of historical fact in this announcement are
forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties and are based on
current expectations and projections about future events and
financial trends that the Company believes may affect its financial
condition, results of operations, business strategy and financial
needs. Investors can identify these forward-looking statements by
words or phrases such as “may,” “will,” “expect,” “anticipate,”
“aim,” “estimate,” “intend,” “plan,” “believe,” “potential,”
“continue,” “is/are likely to” or other similar expressions. The
Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results.
For more information, please contact:
International Elite Capital Inc. Vicky
Chueng Tel: +1(646)
866-7989 Email: mfhfintech@iecapitalusa.com
Mercurity Fintech (NASDAQ:MFH)
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