China Information Technology Development Limited (CITD) Announces Strategic Appointment of Expert Advisers to Accelerate Growth and Expand Industry Network Following HKD$100M Acquisition

HONG KONG, Sept. 27, 2023 /PRNewswire/ -- China Information Technology Development Limited (CITD) (HKEX: 8178), a leading technology company specializing in AI, Blockchain, and Digital Ownership Tokens (DOTs), is pleased to announce significant developments in its leadership and strategic advisory team to reinforce CITD's commitment to innovation and excellence while expanding its industry network through key associations.

Effective from 1 October, the company will engage with the following distinguished team of expert advisers who will work with the Company and its Board and play a pivotal role in supervising and monitoring CITD's progress, bringing a wealth of knowledge, experience, and valuable connections to the table. Their combined expertise will further elevate CITD's position in the rapidly evolving tech landscape. In particular, the board of advisers will be interested in the progress that CITD will be making in the commercialisation and practical and responsible application and implementation of their AI and Web3 technologies to enhance and improve existing industries.

The team of advisers includes:

1. Julian So - Head of the Board of Advisers: A legal expert qualified in three jurisdictions and possessing extensive experience in the finance industry, Mr. Julian So currently serves as the Group CEO of XBE and Chairman at GIANT (Global Industry Alliance for Native Token). As Head of the Board of Advisers, Mr. Julian So will play a pivotal role in overseeing CITD's progress and ensuring that the company's innovations are effectively harnessed for the commercialization and practical application across various industries. He brings a wealth of knowledge and experience to guide CITD's endeavours in the dynamic AI and Web3 landscape while ensuring strategic alignment and effective governance. Notably, Mr. So has voluntarily opted for a symbolic compensation of USD1 per year for his role as Head of the Board of Advisers. This decision underscores his deep commitment to CITD's mission and is a clear a testament to his dedication towards driving responsible technological advancements.

2. Getty Goh - Strategic Adviser: A seasoned strategist with a proven track record, Mr. Getty Goh will provide invaluable insights to shape CITD's strategic direction and enhance its competitive positioning in the market.

3. Joshua Chu - Risk Adviser: Mr. Joshua Chu, a distinguished risk management specialist, will contribute his expertise to help CITD identify, assess, and manage risks effectively, ensuring the company's long-term stability and resilience. He also holds the esteemed position of co-chair of the Hong Kong Web3 Association (HKW3A),  enhancing CITD's connections in this burgeoning sector.

4. Gerald Gn - Partnerships Adviser: With a wealth of experience in forging strategic alliances, Mr. Gerald Gn will play a pivotal role in identifying and nurturing partnerships that align with CITD's growth objectives.

5. Kevin Tan - Brand Adviser: Serving as Brand Adviser, Mr. Kevin Tan will focus on enhancing CITD's brand presence and reputation, ensuring it remains a trusted and recognized name in the industry.

6. Rachel Lim - Communications Adviser: As the Communications Adviser, Ms. Rachel Lim will lead efforts to strengthen CITD's communication strategies, fostering transparency and engagement with stakeholders and the public. 

Mr. Daniel Wong, Chief Executive Officer of CITD, expressed his confidence in these professional experts , stating, "These expert advisers bring a wealth of knowledge and experience to CITD. Their collective insights will be invaluable as we navigate our path forward. We are committed to leveraging their guidance to drive CITD's success in the dynamic technology landscape."

In a statement, Mr. So shared his perspective on this appointment, saying, "I am honoured to take on this role with CITD, a company at the forefront of AI and Web3 technologies. Our focus will be on the responsible implementation and enhancement of these technologies to drive positive change across industries. I look forward to contributing to CITD's mission and helping shape the future of technology."

Mr. Julian So's leadership, along with the expertise of the entire team of advisers and the Company, will be instrumental in guiding CITD as it continues to leverage AI and Web3 technologies to enhance and improve existing industries, fostering innovation and responsible technological advancement.

For more information about CITD and its latest developments, please visit www.citd.com.hk.

For media inquiries, please contact:
China Information Technology Development Limited
Email: [email protected]

About China Information Technology Development Limited (CITD - 8178.HK) 

China Information Technology (CITD - 8178.HK) is a company listed on the Hong Kong Stock Exchange and wholly owns two subsidiaries - DataCube and Macro Systems. The business of the group is mainly providing integrated marketing artificial intelligence (AI) solutions, big data analytics, cloud technology, system integration services and data storage to clients across different industries in Asia.

To learn more about CITD, please visit www.CITD.com.hk

SOURCE China Information Technology Development Limited