お知らせ • Apr 11
Baijiayun Group Ltd, Annual General Meeting, Apr 25, 2025 Baijiayun Group Ltd, Annual General Meeting, Apr 25, 2025, at 10:00 China Standard Time. Location: 24f, a1 south building, no. 32, fengzhan road, yuhuatai district, nanjing China お知らせ • Mar 13
Baijiayun Group Ltd Announces Board and Committee Changes Baijiayun Group Ltd. announced a change in its board of directors (the "Board"). Mr. Erlu Lin tendered to the Board his resignation as an independent director of the Board and the chair and a member of the audit committee of the Board for personal reasons, effective from March 12, 2025. Mr. Erlu Lin's resignation did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practice. Mr. Chun Liu tendered to the Board his resignation as an independent director of the Board and a member of the audit committee of the Board for personal reasons, effective from March 12, 2025. Mr. Chun Liu's resignation did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practice. The Board appointed Ms. Beiwen Zhu as an independent director of the Board and the chair and a member of the Audit Committee of the Board, effective from March 12, 2025. The Board appointed Mr. Mingjun Cai as an independent director of the Board and a member of the Audit Committee of the Board, effective from March 12, 2025. Upon the effectiveness of Mr. Erlu Lin's and Mr. Chun Liu's resignation and the appointment of Ms. Beiwen Zhu and Mr. Mingjun Cai, the Board consisted of five directors, including two independent directors. As a foreign private issuer, the Company is permitted to rely on home country practice under the Nasdaq Stock Market Rules with respect to its board and committee composition. Ms. Beiwen Zhu is experienced in corporate financial reporting and management. She has served as the finance director at Junxin Financing Lease (Shanghai) Co. Ltd. since April 2016. Ms. Zhu obtained her bachelor's degree in labor and social security from Shanghai Lixin University of Accounting and Finance.Mr. Mingjun Cai has over 20 years of experience in information technology and entrepreneurial management. Mr. Cai has served as the chairman and chief executive officer at Beijing Touken Technology Co. Ltd. since 2018. Prior to that, he was the technology director at CCIDNET.com in 2000 and at Sohu from 2003 to 2011. Mr. Cai was the chief technology officer at Shangruitong Network Technology Co. Ltd. from 2011 to 2013. Mr. Cai was the general manager of Sohu News from 2013 to 2018. Mr. Cai obtained his bachelor's degree in mechatronics engineering from Beijing Institute of Technology. Recent Insider Transactions • May 16
Insider recently bought €461k worth of stock On the 10th of May, Gangjiang Li bought around 400k shares on-market at roughly €1.15 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. お知らせ • May 01
Baijiayun Group Ltd, Annual General Meeting, May 29, 2024 Baijiayun Group Ltd, Annual General Meeting, May 29, 2024, at 10:00 China Standard Time. Location: 24F, A1 South Building, No. 32 Fengzhan Road Yuhuatai District Nanjing China Agenda: To consider and approve as an ordinary resolution, to elect each of Ms. Qiong Ni and Ms. Xin Zhang as a director of the Company in accordance with the third amended and restated memorandum of association and second amended and restated articles of association (the “Existing M&AA “) of the Company; to consider and approve as an ordinary resolution, to approve and ratify the appointment of Shandong Haoxin Certified Public Accountants Co., Ltd. (“Shandong Haoxin”) as the independent registered public accounting firm for the Company for the fiscal year ended June 30, 2023 and to authorize the board of directors (the “Board”) of the Company to fix its remuneration; and to consider other business matters. Board Change • Jan 31
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Erlu Lin is the most experienced director on the board, commencing their role in 2022. Independent Director Chun Liu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. お知らせ • Jan 23
Baijiayun Group Ltd Announces Board Changes Baijiayun Group Ltd. announced changes in its management and board of directors . Mr. Gangjiang Li has resigned as a member and chairman of the Board, a member and chairman of the compensation committee of the Board,for personal reasons, effective from January 22, 2024. Mr. Ching Chiu has resigned as a director of the Company for personal reasons, effective from the same date. Their resignation did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practice. Mr. Yi Ma, who currently serves as the president of the Company and a director of the Board, has been appointed as the Company's chairman of the Board to succeed Mr. Gangjiang Li, effective from January 22, 2024. Ms. Qiong Ni, the spouse of Mr. Gangjiang Li, and Ms. Xin Zhang, who currently serves as the secretary of the Board, have been appointed as new directors to serve on the Board, effective from January 22, 2024. Following the foregoing changes, the Board currently consists of five directors, including Mr. Yi Ma, Ms. Qiong Ni, Ms. Xin Zhang, and two independent directors, including Mr. Erlu Lin and Mr. Chun Liu. In addition, the compensation committee of the Board currently consists of Ms. Qiong Ni and Mr. Yi Ma, with Ms. Qiong Ni as the chairman; and the nominating and corporate governance committee of the Board currently consists of Mr. Yi Ma and Ms. Xin Zhang, with Mr. Yi Ma as the chairman. The composition of the audit committee of the Board remains unchanged, i.e., with Mr. Erlu Lin and Mr. Chun Liu as members and Mr. Erlu Lin as the chairman. Biographical information relating to the newly appointed directors is set out as follows. Ms. Qiong Nihas served as the general manager of JiaJia Holdings Co. Ltd. since March 2017, where she is mainly responsible for coordinating the investment and holding management and leading the operations and development at the headquarters level. Ms. Ni received her bachelor's degree in environmental art and design from Donghua University in June 2003. Ms. Xin Zhang joined Baijiayun in July 2017 and has served as the secretary of the Board since January 2020. She is responsible for organizing and coordinating the Company's information disclosure, strengthening communications and coordination with the capital markets, and formulating affairs management policies. Before joining Baijiayun, Ms. Zhang worked at the human resources department of Gaotu Techedu Inc. from September 2014 to May 2017, and served as the assistant to chief technology officer of Baidu Inc. from July 2011 to August 2014. Ms. Zhang received her bachelor's degree in network engineering from Dalian Minzu University in June 2011.