All in Futuretech Alliance Inc (AIFA) News & EventsAIFANews & EventsAll in Futuretech Alliance Inc

All In FutureTech Acquires 57.67% of HyalRoute

All In FutureTech Alliance provided an update on its acquisition of HyalRoute Communication Group, announcing that executed share purchase agreements now cover approximately 57.67% of HyalRoute's issued share capital. To further increase its holding, the company has initiated acquisition arrangements for the remaining shares, recently reaching a preliminary intent to acquire an additional 10% of shares with multiple shareholders, including NewQuest Asia Investments III Limited. All In FutureTech's objective for the current phase is to increase its controlling interest in HyalRoute to a range of 67% to 90%, with a secondary goal of exceeding 90% when conditions are mature.

All In FutureTech Alliance Updates Strategic Implementation Plan

All In FutureTech Alliance provided a strategic implementation update. Under the leadership of newly appointed Chairman Li Shanglong and newly appointed Chief Executive Officer Eric Shao, the Company plans to initiate specific business acquisition arrangements in the near term to complete the integration of the Aivolution Venture fund and its related resources, founded by Li Shanglong, as well as all training businesses of Co-Intelligence Academy, into the AIFA platform. This integration is intended to bring technology investment capabilities, artificial intelligence training systems, course capabilities, and related educational resources fully into the public company's business ecosystem.

Company Board Appoints New CEO and Chairman

The company announced that James Li has resigned from his positions as the company's CEO and Chairman of the Board for personal reasons. To ensure continuity in the implementation of the company's established strategy and the smooth transition of related major projects, Li will, during a transition period, remain with the company solely in his roles as President and Director, and will continue to support the company's strategic execution, advancement of major projects, and coordination of relevant resources. The Board stated that James Li has been a principal architect and key leader in stabilizing the company, redefining its strategic direction, and advancing its broader transformation in recent years. Following careful review and election by the Board, the Board has resolved to: elect Li Shanglong, or "Michael Li," as the company's new Chairman; and appoint Shao Weizhi, or "Eric Shao," as the company's new CEO. The company stated that these Board and management changes are intended to further strengthen the company's organizational capabilities, resource integration capabilities, and capital markets communication capabilities as it enters the next phase of its strategic transformation.