SHANGHAI, China, Jan. 22, 2020 (GLOBE NEWSWIRE) -- Qutoutiao Inc. (“Qutoutiao”, the “Company” or “We”) (NASDAQ:QTT), a leading operator of mobile content platforms in China, today announced a transition in the role of the Company’s Chief Financial Officer and a change in the Board.
Mr. Jingbo Wang has resigned as a Director and Chief Financial Officer of the Company due to personal reasons. The resignation is effective on January 22, 2020. Following Mr. Wang’s resignation, the Board of the Company is now comprised of seven members. Mr. Wang’s duties of financial management will be assumed by Mr. Xiaolu Zhu, the current Co-Chief Financial Officer responsible for investor relations and capital markets related affairs of the Company.