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Stock impact report

Dragon Victory International Limited Announces Changes to Board Composition

Dragon Victory International Limited - Ordinary Shares (LYL) 
Company Research Source: GlobeNewswire
HANGZHOU, China, Dec. 12, 2017 (GLOBE NEWSWIRE) -- Dragon Victory International Limited (Nasdaq:LYL) (the “Company”), a company that offers reward-based crowdfunding opportunities and quality incubation services to entrepreneurs in China, today announced changes to its Board of Directors (the “Board”). The Company announced that Mr. Hongyu Zhang was appointed by the Company’s Nominating Committee and approved by the Board as the director of the Company’s Board, effective immediately, to replace the departing director, Mr. Chao Fu Chen who has resigned on December 12 for personal reasons. Mr. Chen will continue to serve in his role as Chief Operating Officer in management team. The Company announced that Mr. Wenbing Wang was appointed by the Company’s Nominating Committee and approved by the Board as an independent director of the Company’s Board, effective immediately, to replace the departing independent director, Mr. Shenghua Zheng who has resigned on December 12, 2017 for perso Show less Read more
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