Wave Sync Corp. announced on June 21, 2023, Jiang Hui resigned from his position as the chief executive officer of the Company, effective immediately. On July 10, 2023, the Board appointed Mr. Hon Man Yun as the chief executive officer of the Company to fill in the vacancy created by Mr. Hui’s resignation.

Mr. Yun has been chief financial officer and director of the Company since February 2021. He has served in several financing and accounting positions at different private and publicly traded companies. Mr. Yun has worked as the Chief Financial Officer of Kiwa Bio-tech Products Group Corporate since a 2018 and served as the CFO and a director at Hudson Capital Inc. since August 2020 until February 2022.

Mr. Yun served as a joint company secretary, as a group vice president, the chief accountant and compliance and internal audit officer for Kaisun Energy Group Limited, from May 2017 to August 2020. Mr. Yun was an associate at China Merchants Securities (Hong Kong) Co., Limited from December 2014 to May 2017 and financial controller at E Lighting Group Limited from March 2013 to September 2014. Mr. Yun earned a higher diploma in Business Studies from the City University of Hong Kong, formerly City Polytechnic of Hong Kong, and a Master of Business Administration from the University of Western Sydney.