Color Star Technology Co., Ltd. (Nasdaq: HHT) announces that Hung-Jen Kuo has been named to its Board of Directors. Mr. Kuo has nearly 25 years of experience in the global investment & business management. He will serve as the Chair of the Nominating and Corporate Governance Committee and a member of the Audit Committee and Compensation Committee.
Mr. Kuo is currently the Executive President of Fosun Capital. Before joining Fosun Group, he was the director and head of the Securities Services of Deutsche Bank, China. Mr. Kuo previously served as the chief investment expert of Noah Group, the managing director of Gopher Assets Management. At the end of 2010, Mr. Kuo represented Russell Investments to participate in establishing Ping An Russell (Shanghai) Investment Management Companyin China. Mr. Kuo joined Russell Investment's global Seattle headquarters in 2001, holding various positions covering on investment management, research, and operations. In 1996 Mr. Kuo joined Aurora Group in Taipei as the assistant to CEO covering on business strategies and IPO project. Mr. Kuo's addition to the team will greatly accelerate the development of Color Star and help the company thrive in the market.
Biao Lu, Company's CEO, comments: "Mr. Kuo is a great addition to our Board of Directors, and his expertise and reputation as an executive and experience in corporate finance can improve our efforts to represent Color Star's stakeholders. He has established track record of driving great values, and his scope of experience can support his work alongside his fellow directors and Company's leadership."
About Color Star Technology Co., Ltd.
Color Star Technology Co, Ltd. (Nasdaq: HHT) offers online and offline innovative education services for music and entertainment industries globally. Its business operations are conducted through its wholly-owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. The Company's online education is provided through its Color World music and entertainment education platform. The Company also offers after-school entertainment tutoring in New York via its joint venture entity Baytao LLC.
