공고 • Jul 24
Big Tree Cloud Holdings Limited Announces Board and Committee Changes Big Tree Cloud Holdings Limited announced that on July 20, 2026, Jiahe Liao resigned from his position as a director of the board of directors and from any and all committees of the Board, effective immediately on July 20, 2026 Mr. Liao indicated that his resignation was not the result of any disagreement with management of the Company or the Board and he had no claims against the Company or its directors, officers, employees, or shareholders. On the same day, the Board passed a resolution to appoint Yu Guo as an independent director to the Board to fill the vacancy resulting from Mr. Liao's resignation. Following the appointment, Mr. Guo is now a director to the Board and the chair of the audit committee of the Board, a member of the nominating and corporate governance committee of the Board, and a member of the compensation committee of the Board. Yu Guo has a solid foundation in management and finance field. Since December 2023, Mr. Guo served as the managing partner and Director of Tiancheng Huaxin (Guangdong) Tax Advisory Co. Ltd., a tax advisory firm. He is also the partner of Pengsheng Certified Public Accountants (Special General Partnership), an accounting firm, since January, 2023. In his previous experience, he was the partner of Asia-Pacific Pengsheng Tax Advisory Co. Ltd., a tax advisory firm, from January 2017 to November 2023. He also serves as director or chairman in various companies, including: serving as the chairman of the board of Zhongwei Xinghua Holdings (Guangdong) Co. Ltd., a company specialized in research and development of fertilizers and soil pollution treatment, since July, 2022; serving as the director of Huabao Solid Soil Materials (Guangdong) Co. Ltd., a company engages in technology development and technical consulting services, since May 2023; serving as the director of Anquan Biotechnology (Hunan) Co. Ltd., a company specialized in research and development of fertilizers and soil pollution treatment, since September 2024. Mr. Guo studied Accounting and Statistics at Huainan Normal University and Hunan University. Board Change • Apr 10
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (4 non-independent directors). CFO & Director Ting Yan is the most experienced director on the board, commencing their role in 2024. Independent Director Munwah Wan was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. 공고 • Nov 02
Big Tree Cloud Holdings Limited Announces Board and Committee Changes Big Tree Cloud Holdings Limited announced the following changes in directors of the Company and members of the board committees of the Company, each of which took effect on October 31, 2024: the resignation of each of Yifan He, Yanjie ZHU and Fengxin ZHANG (collectively, the "Departing Directors") as an independent director of the Company due to his/her personal reason; the appointment of each of Guo REN, Jiahe LIAO and Munwah WAN (collectively, the "Additional Directors") as an independent director of the Company; the appointment of each of the Additional Directors as a member of the audit committee of the Company, with Jiahe LIAO being appointed as the chairman and audit committee financial expert; the appointment of each of the Additional Directors as a member of the nominating and corporate governance committee of the Company, with Munwah WAN being appointed as the chairman; the appointment of each of the Additional Directors as a member of the compensation committee of the Company, with Guo REN being appointed as the chairman.