Posted 18 January, 2024
FLYWHEEL ADVANCED TECHNOLOGY, INC. appointed new CEO
CEO Change detected for ticker OTC:FWFW in a 8-K filed on 18 January, 2024.
On January 18, 2024, the Board of Directors (the "Board") of Flywheel Advanced Technology, Inc., a Nevada corporation (the "Company") appointed Lu Yeqin as Chief Technology Officer of the Company, to serve until his successor has been duly appointed, unless he resigns, is removed from office, or is otherwise disqualified from serving as an officer of the Corporation. Lu Yeqin, age 42, is the Founder and Chief Executive Officer of Guangzhou Xinglun Safety Industrial Co., Ltd., a company he founded in 2014.
$2.69M
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. Appointment of Officer On January 18, 2024, the Board of Directors (the "Board") of Flywheel Advanced Technology, Inc., a Nevada corporation (the "Company") appointed Lu Yeqin as Chief Technology Officer of the Company, to serve until his successor has been duly appointed, unless he resigns, is removed from office, or is otherwise disqualified from serving as an officer of the Corporation. Lu Yeqin, age 42, is the Founder and Chief Executive Officer of Guangzhou Xinglun Safety Industrial Co., Ltd., a company he founded in 2014. There are no arrangements or understandings between Lu Yeqin and any other person pursuant to which he was appointed as the Chief Technology Officer. In addition, there are no family relationships between Lu Yeqin and any of the Company's other officers or sole director. Further, there are no transactions since the beginning of the Company's last fiscal year, or any currently proposed transaction, in which the Company is a participant, the amount involved exceeds $120,000, and in which Lu Yeqin had, or will have, a direct or indirect material interest.
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