MILPITAS, Calif., Sept. 3,
2024 /PRNewswire/ -- Zepp Health Corporation ("Zepp
Health" or the "Company") (NYSE: ZEPP), a global leader in smart
wearables and health technology, today announced that its board of
directors (the "Board") has appointed Mr. Alain Lam, Mr. Mike Yan
Yeung, and Mr. Meihui Fan as
new directors, effective from Sep.
1, 2024. Mr. Lam is the CFO of Xiaomi Group ("Xiaomi"),
with a wealth of experience in finance, capital markets and
corporate governance. Mr. Yeung is the COO of Zepp Health and has a
broad range of experience in technology MNCs, including Microsoft
and Oracle. Mr. Fan is the CTO of the Company, and he is also a
member of the Company's founding team. Mr. De Liu, Ms. Yunfen Lu
and Mr. Xiaojun Zhang have resigned
as directors of the Company, effective the same day. Upon
resignation from the Board, Ms. Yunfen Lu will continue to serve as
the Company's vice president of Internal Audit, while Mr.
Xiaojun Zhang will continue to serve
as the Company's vice president of Human Resources.
Mr. Alain Lam is the Vice
President and CFO of Xiaomi and Chairman of Airstar Digital
Technology. Prior to joining Xiaomi in October 2020, Mr. Lam served as a Managing
Director and Head of Technology Media and Telecom in the Investment
Banking and Capital Markets department of Credit Suisse between
January 2016 and October 2020. Between July
1997 and December 2015, Mr.
Lam worked at Morgan Stanley in various locations, including
London, New York, Menlo
Park and Hong Kong.
Mr. Mike Yan Yeung has served as
the chief operating officer of the Company since January 2015. Prior to joining Zepp, Mr. Yeung
served as a vice president of Shunwei Capital, a China-based venture capital firm, where he was
a key member of an investment team with a focus on mobile internet
applications, smart home technologies, smart wearables, IoT and
online health care, and served as a board member of several
portfolio companies. From 2012 to 2014, Mr. Yeung served as the
principal group program manager of Microsoft, where he was
responsible for managing the software development of Microsoft's
key digital advertising products as well as defining and
implementing the Microsoft online ads platform strategy in
China. Prior to that, Mr. Yeung
held several positions at Monster.com, TGC Inc., China.com Corp.,
Netscape Communications Corporation and Oracle Corporation from
1992 to 2012. Mr. Yeung received his bachelor's degree and master's
degree in computer science from the University
of California, Berkeley, in 1992 and Stanford University in 1994, respectively.
Mr. Meihui Fan has extensive
experience in the information technology industry. Before his
appointment as the Company's Chief Technology Officer, he served as
the rotating president of the Global Innovation Center and worked
in other roles in our Company from January
2014 to July 2021. He was in
charge of all software-related technical architecture and
management of the entire research and development team. Prior to
joining Zepp Health, Mr. Fan served as the technical director at
Hefei Huaheng Electronic Technology Co., Ltd. from May 2009 to December
2013. From July 2004 to
April 2009, Mr. Fan worked as a
system software development engineer, senior engineer, and chief
engineer at Hefei Huakaiyuanheng Information Technology Co., Ltd.
Mr. Fan obtained a Bachelor's Degree with a Double Major in
Molecular Biology & Cell Biology and Signal & Information
Systems at the University of Science and Technology of China.
The Company is pleased to welcome Mr. Alain Lam, Mr. Mike Yan
Yeung, and Mr. Meihui Fan to
the Board. The Company believes that their collective expertise and
experience will be a valuable asset to its development. At the same
time, the Company would like to extend its sincere gratitude to Mr.
De Liu, Ms. Yunfen Lu, and Mr. Xiaojun
Zhang for their contributions to the Company and their
service on the Board. The extensive experience of Mr. De Liu, Ms.
Yunfen Lu, and Mr. Xiaojun Zhang has
been highly valuable to the Company throughout their respective
tenures.
About Zepp Health Corporation
Zepp Health (NYSE: ZEPP), a global smart wearable and health
technology leader, empowers users to live their healthiest lives
through its leading consumer brands, including Amazfit,
Zepp Clarity, and Zepp Aura.
Leveraging its proprietary Zepp Digital Health Management Platform,
Zepp Health delivers actionable insights and guidance to users
worldwide. With a presence in over 90 countries and a robust
ecosystem of products and services, Zepp Health is at the forefront
of advancing wearable intelligence and digital health
technology.
For more information on Zepp Health and its products, please
visit www.zepp.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "confident" and similar statements.
Statements that are not historical facts, including statements
about the Company's beliefs and expectations, are forward-looking
statements. Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: the
cooperation with Xiaomi, the recognition of the Company's
self-branded products; the Company's growth strategies; trends and
competition in global wearable technology market; changes in the
Company's revenues and certain cost or expense accounting policies;
governmental policies relating to the Company's industry and
general economic conditions in China and the global. Further information
regarding these and other risks is included in the Company's
filings with the United States Securities and Exchange Commission.
All information provided in this press release and in the
attachments is as of the date of this press release, and the
Company undertakes no obligation to update any forward-looking
statement, except as required under applicable law.
For investor and media inquiries, please contact:
Zepp Health Corporation
Grace Zhang
Email: ir@zepp.com
Piacente Financial Communications
Email: zepp@tpg-ir.com
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SOURCE Zepp Health Corp.