VST Holdings Limited announced that the company has appointed Mr. Li Yue and Mr. Yao Jie as Executive Directors of the Company, and Mr. Hung Wai Man and Mr. Wang Xiaolong as Independent Non-Executive Directors of the Company with immediate effect. Mr. Li Yue is currently the Vice President -- Channel Sales of VST Computers (H.K.) Limited, a subsidiary of the Company. Mr. Li is responsible for the Company's Hong Kong business. Mr. Yao Jie is currently the Senior Vice President -- Strategy and Investment of the Company. Mr. Yao is mainly responsible for strategy development, merger and acquisition projects and investment, brand communication as well as corporate social responsibility of the Company. Prior to joining the Company, Mr. Yao served as Executive Director and President of New Energy Exchange Limited, which is a subsidiary of China Merchants New Energy Group, and Chief Communications Officer and Spokesperson of United Photovoltaics Group Limited, a Hong Kong listed company under China Merchants Group, responsible for investor relations management and capital market practices. Mr. Hung Wai Man, JP, is currently the President of Hong Kong Internet Professional Association, Executive Chairman of Chinese Big Data Society, Academic Committee Member of PanGoal Institution and Principal Liaison Officer for Hong Kong, Shenzhen Qianhai Authority. Mr. Wang Xiaolong is currently the Vice Chairman of China Trustee Association, Council Member of China Wealth Management 50 Forum (CWM50), Vice Chairman of the Academic Committee of CWM50, the Executive Director and Vice President of Beijing Enterprises Holdings Limited, and President and Vice Chairman of Beijing International Trust and Investment Corporation Limited which is now transformed to Beijing International Trust Co. Ltd.
VSTECS Holdings Ltd is an investment holding company mainly engaged in the development of information technology product channel and the provision of technical solution integration services. The Company mainly operates through three segments. The Enterprise Systems segment provides enterprise system tools, including middleware, operating systems, Unix/NT servers, databases and storage for information technology (IT) infrastructure and IT infrastructure design and implementation, training, maintenance and support services. The Consumer Electronics segment provides finished IT products, including computer, mobile phone, drone, smart sports watch, three-dimensional (3D) printer, game console among others. The Cloud Computing segment provides cloud computing solutions and services. The Company has offices in People's Republic of China, Thailand, Singapore, Malaysia, the Philippines, Indonesia, Cambodia, Myanmar and Laos.