(SSLJ) Names New CEO and CFO

July 31, 2018 9:02 AM EDT

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here. Limited (NASDAQ: SSLJ), a vertically integrated online-to-offline ("O2O") home improvement service and product provider in the People's Republic of China ("PRC"), today announced that Mr. Warren Z. Wang was appointed as the Company's Chief Executive Officer, replacing Mr. Jianbao Li, and Mr. Ming Yi was appointed as Company's Chief Financial Officer, effective July 29, 2018. Mr. Jianbao Li remains the Chairman of the Board of Directors.

Mr. Warren Z. Wang has a long track record of business success in key roles in various institutions. Mr. Wang has been the Chairman of Wall Street IPO Consultation, Inc., a New York based financial advisory company, since 2012. He served as Chairman of the Board of China INSOnline Corp, formerly a Nasdaq listed company, from January 4, 2008 to February 1, 2011 and has served as Executive Director and Chairman of ZYTX Technology Co., Ltd from July 2007. Mr. Wang holds an Executive Master of Business Administration degree from Peking University.

Mr. Ming Yi, our new Chief Financial Officer, has extensive experience in finance, business administration and public accounting with his sector expertise spanning retail/wholesale distribution, financial services and manufacturing. From 2016 to 2018, Mr. Yi served as the Chief Financial Officer of Wave Sync Corp. (OTC: WAYS). Prior to that, from 2011 to 2015, Mr. Yi was the chief financial officer at China Bio-Energy Corp as well as a senior manager at Qi He CPA Ltd., a PRC based-accounting firm. Mr. Yi holds a Bachelor of Science degree in Accounting from School of Business Administrations of Liaoning University, and a Master of Science degree in Accounting and Finance from Victory University, Australia. Mr. Yi is a Certified Public Accountant in Australia.

Mr. Warren Z. Wang, Chief Executive Officer of Limited, remarked, "I am proud to steward Limited through its next phase of growth. The Company is well-positioned for further expansion and I look forward to helping SSLJ continue to grow its business and drive shareholder value."

Mr. Ming Yi, Chief Financial Officer of Limited, stated, "I hope to utilize my experience in finance, public accounting, and business administration to contribute to the Company's capital markets strategy and improve growth going forward. I am excited to join SSLJ's passionate team."

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