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The latest update is out from QDM International (QDMI).
QDM International Inc. has undergone significant leadership changes with the immediate resignations of Huili Shen as Director and Secretary, and Tim Shannon as Chief Financial Officer, both for personal reasons. The Board quickly appointed Jun Du and Wei Li as their respective replacements. Jun Du, with over 15 years of management experience, will receive an annual compensation of $6,000. Wei Li, also with 15 years in accounting and management, has a robust financial background with experience in various companies and is set to earn an initial annual salary of $120,000, which will increase with the company’s Nasdaq listing. Both appointees have no familial ties to current company officers and are not involved in any reportable transactions with the company.
Find detailed analytics on QDMI stock on TipRanks’ Stock Analysis page.