ChinaNet Online Holdings Announces the Appointment of New COO


BEIJING, China, Aug. 07, 2020 (GLOBE NEWSWIRE) — ChinaNet Online Holdings, Inc. (NASDAQ:CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing, data analytics and other value-added services company serving enterprise clients, today announced the appointment of Mr. Charles Chiu to the position of the Company's Chief Operating Officer and Mr. Mark Li, the current Chief Financial Officer of the Company, to serve as Secretary of the Company, effective immediately. Mr. George Chu has resigned from the role of Chief Operating Officer and Secretary of the Company due to personal reasons. Mr. Chu continues to serve as a director of the Board of Directors of the Company.

Mr. Charles Chiu, has served as the Corporate Finance Partner of Whale Capital in Hong Kong since March 2019.  Since October 2016, Mr. Chiu has acted as Co-founder and General Manager of Minghing Financial Group in Hong Kong.  From April 2012 to September 2016, Mr. Chiu served as Chief Financial Officer and Treasurer in Wealth Leading Limited in Hong Kong.  From August 2009 to April 2012, Mr. Chiu served as Assistant Vice President in Dah Sing Bank in Hong Kong.  Mr. Chiu has a bachelor's degree in business administration from The Chinese University of Hong Kong, and is attending a Dual Executive Master of Business Administration program jointly organized by INSEAD Business School and Tsinghua University.  Mr. …

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