OFA Group announced the appointment of Yan Xu to its Board of Directors as an independent director, effective August 7, 2026. The Board has determined Mr. Xu qualifies as an independent director and has appointed him to three key committees.

Key Details

  • Appointment Date: The appointment was effective August 7, 2026, for an initial term of one year.
  • Committee Assignments: Mr. Xu will serve as a member of the Audit Committee, Compensation Committee, and the Nominating and Corporate Governance Committee.
  • Background: Yan Xu, age 39, is the founder of Vega Ventures, a cryptocurrency-focused investment firm, and has over 15 years of experience in investment management, digital assets, and finance.