Astron Connect Inc. announced that CEO Randall Smallbone has decided to retire from the management role. Effective October 15, 2022. Mr. Smallbone will become Chairman of the board and will remain the spokesperson for the company.

The Board unanimously decided to appoint Mr. Huang Shi Xin as the company's President. With 26 years of senior management experience, Mr. Huang has been the CFO and Executive Director of several public and private companies in China, Hong Kong and the United States. He most recently served as Executive Director of Yuk Wing Group Holdings Limited.

Mr. Huang is based in Vancouver and has significant strategic partners in North America and Asia. Ian Mallmann has decided to resign from his position as CFO to pursue other endeavours. The Board has decided to appoint Iris Duan, CPA as the company interim CFO.

She will relinquish her role as Chair of the Board but remain a director of the company. The board has also appointed Herrick Lau, CFA, as an additional Independent Director. Mr. Lau is managing director of the Baron Group Canada and is serving on the local advisory board of TSXV.

The Board would like to welcome Herrick Lau to its board of directors and thank Randall Smallbone and Ian Mallmann, for their hard work and dedication to the company.