ChinaNet Online Holdings, Inc. announced the appointment of Mr. Kelly Cheung Ling Yu to the position of Chief Business Officer. In this role, Mr. Yu will help to explore new business opportunities in healthcare industry advertising, advance the Company's development of blockchain technology, and facilitate the integration of artificial intelligence ("AI") data analysis. Mr. Yu brings extensive leadership experience in the healthcare industry, robust business development capabilities, and technical expertise in software engineering to the executive team.