Announcement • Jul 26
Haoxin Holdings Ltd Announces Board and Committee Changes
Haoxin Holdings Ltd. announced that Bangjie Hu tendered his resignation as an independent director and the Chair of Audit Committee, a member of Nominating and a member of Compensation Committee of Haoxin Holdings Ltd. on June 23, 2026. Mikael Charette tendered his resignation as an independent director and the Chair of Compensation Committee, a member of Nominating and a member of Audit Committee of Haoxin Holdings Ltd. on June 23, 2026. Both Bangjie Hu and Mikael Charette's resignations became effective on July 8, 2026. To fill the vacancies created by the resignations of Mikael Charette, on July 20, 2026, the Board appointed Ro Phansalkar as independent director and the Chair of Compensation Committee, a member of Nominating and a member of Audit Committee of Haoxin Holdings Ltd. On July 20, 2026, the Board also appointed Mengzhi Wang as independent director, and the Chair of Audit Committee, a member of Nominating and a member of Compensation Committee of Haoxin Holdings Ltd. to fill the vacancies created by the resignations of Bangjie Hu. Ro Phansalkar has had a long and distinguished career in Investment Banking. He was a Partner and Co-Head of the Energy Finance Group at Shearson American Express, a Managing Director of Bear Stearns & Co., a Managing Director and the Head of Energy Finance Group at Oppenheimer & Co, where he was also in charge of expanding Oppenheimer's business in Asia. Ro Phansalkar was the Founding Chairman of NYSE listed The India Fund. He was also the Founder, Vice Chairman and CEO of Newbridge Capital, a firm primarily focused on private equity transactions. Ro Phansalkar served as the Chairman and the CEO of Osicom Technologies, an optical networking company listed on the NASDAQ. Currently, Ro Phansalkar is the Chairman and CEO of RKP Capital Inc., a merchant banking and financial advisory boutique. Over the years, Ro Phansalkar has served as a Non-Executive Director of numerous public and/or private corporations and organizations. Ro Phansalkar received a BS Engineering degree from Michigan Technological University and an MBA from Harvard Business School. Mengzhi Wang, 33 years old, has served as Chief Financial Officer of Hangzhou Haiduo Investment Management Co. Ltd. since 2018, where she is responsible for the company's overall financial management, corporate governance, and financial risk control. Since 2018, she has also served as Chief Executive Officer of Hangzhou HiBox Technology Co. Ltd., overseeing its overall operations, financial management, and internal control and compliance systems. From 2021 to 2026, Mengzhi Wang was responsible for the financial management and operational governance of Daliangqing (Hangzhou) Technology Co. Ltd. In 2024, she co-founded Zhongjie Meitong Securities Investment Consulting (Wuhan) Co. Ltd., where she led the establishment of the company's financial risk management framework and oversaw financial systems, compliance, and capital management. Mengzhi Wang received a Master's degree in Management from China Jiliang University in 2018 and is an International Certified Public Accountant (ICPA).
