Moxian Appoints a New CEO
20 Septembre 2021 - 12:00PM
Moxian (BVI) Inc. (“Moxian” or the “Company”) (NASDAQ: MOXC), an
Internet media marketing services provider, is pleased to announce
today that it has appointed Mr. Conglin (Forrest) Deng as its Chief
Executive Officer of the Company, with immediate effect.
Mr. Forrest Deng, who is also a director of the
Company, will be responsible for identifying and managing new
business opportunities for the Company as it seeks to forge a path
of sustained profitability. Aged 38, Mr. Deng has served as the
General Manager of Beijing Jiuteng Investment Limited since 2016,
where he was responsible for managing its blockchain and bitcoin
mining related investments. Prior to this engagement, he was a
co-founder of a company involved in the operation of online games
and games publishing.
Mr. Deng graduated from the Beijing Foreign
Studies University in 2007, with a Major in English.
Mr. Deng does not have any interest in the
shares of the Company and has signed a renewable three- year
agreement with the Company, with a base salary of $120,000 per
annum. The Board will grant Mr. Deng 600,000 Restricted Stock Units
(“RSUs”) of the Company to acquire an equal number of common shares
of the Company subject to shareholders” approval. The RSUs will
vest evenly over the period of his employment with the Company.
In congratulating Mr. Deng on his appointment,
Mr. Hao Qinghu, the Chairman, said “With Forrest to lead the
management team, we are confident that his experience and
entrepreneurship will bring fresh vigour to the Company, as it
embarks on new investment opportunities.”
About Moxian (BVI) Inc
Founded in 2013, Moxian (BVI) Inc, formerly
Moxian, Inc., is based in Hong Kong SAR, China, with subsidiaries
in Beijing, Hong Kong and Malaysia. It is involved in Internet
media marketing.
Forward-Looking Statements
This press release contains forward-looking
statements as defined in Section 21E of the Securities Exchange Act
of 1934, as amended. These forward-looking statements may be
identified by terms such as “will,” “expect,” “anticipate,”
“future,” “intend,” “plan,” “believe,” “estimate”, “potential”,
“continue”, “in progress”, “goal”, “guidance expectations” and
similar statements. Any statements that are not historical facts,
including statements about the company’s philosophy and
expectations, are forward-looking statements that involve factors,
risks, and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements. These
factors and risks include, but are not limited to, the following:
company’s goals and strategies; future business development;
financial status and operating results; expected growth of China’s
internet media marketing industry; ability to develop new products
and services; demand and acceptance of our services; the
relationship between the company and strategic partners; industry
competition; and policies and regulations related to the company’s
structure, business and industry. More detailed information about
these and other risks and uncertainties is included in the
company’s filings with the Securities and Exchange Commission. All
information provided in the company’s introduction is the latest
information as of the date of publication of the company. Except as
provided by applicable law, the company is not obligated to update
such information.
For further information, please contact:
Tan WanhongChief Financial
OfficerTan.wanhong@moxiangroup.com
Moxian (NASDAQ:MOXC)
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