Ionix Technology, Inc. Announces Executive Changes
March 16, 2020 at 01:59 pm EDT
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Effective as of March 16, 2020, Shuyu Li resigned as President and Treasurer of Ionix Technology, Inc. Effective upon resignation of Mr. Shuyu Li, on March 16, 2020, Board of Directors appointed Mr. Yang Yan as President and Treasurer, and reappointed Mr. Shuyu Li as Director of Overseas Business of the Company. In October 2016, Mr. Yang Yan oined Ionix Technology, Inc. as vice-president of the Company which was mainly responsible for asset restructuring, mergers, investment and financing and other business activities.
Ionix Technology, Inc., formerly Cambridge Projects Inc., through its subsidiaries Well Best International Investment Limited (Well Best), Xinyu Ionix Technology Company Limited (Xinyu Ionix) and Taizhou Ionix Technology Company Limited (Taizhou Ionix), is engaged in developing, designing, manufacturing and selling lithium batteries for electric vehicles in China. The Company's products include 18650-2000 milli-ampere-hour (mAh) lithium ion batteries (LIB) for use in lithium cell electronic bicycles, balance cars, scooters, electric vehicles, special vehicles at low speed, energy storage, and other products. Its LIB is a rechargeable electric device within which lithium moves from a negative electrode to a positive electrode during the discharge and back charging. The four main materials used in its LIBs are cathode materials, anode materials, operators and electrolytic solution. Its LIBs are used as the power supply for devices, such as mobile phones, digital cameras and power tools.
IONIX TECHNOLOGY, INC. 
