NiSun International Enterprise Development Group (NISN) has released an update.
NiSun International has appointed Xin Liu as the new CEO, effective May 22, 2024, under an agreement that outlines his responsibilities, compensation, and terms of employment, including loyalty to the company and prohibition of involvement in competing businesses. Liu’s annual salary is set at ¥600,000, subject to performance reviews, and he is eligible for standard employee benefits and indemnification by NiSun in legal proceedings related to his role. The agreement also includes provisions for termination, allowing either party to end the contract with notice or immediately under specific circumstances such as misconduct or incapacity.
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