– UK, London – Telit Communications PLC (LON: TCM), a global enabler of the Internet of Things, announced the appointment of Yuxiang Yang to its Board as a Non-Executive Director effective immediately.
“On behalf of the Board, I am delighted to welcome Yuxiang Yang as a Director of Telit. We have got to know him well in recent years and are confident that his considerable knowledge of the sector, as well as some of our key markets, will add substantial value to the Board’s activities and to the Company as a whole,” said Board Chairman, Simon Duffy.
Following this appointment, the Board comprises six non-executive and two executive directors.
About Yuxiang Yang
Mr. Yang brings considerable experience from a career in investment and financial markets and is founder and CEO of China Fusion Capital, a Chinese investment management group. As part of this, Mr. Yang is the CEO of Run Liang Tai Management Limited, a significant shareholder of Telit, holding approximately 15.1 per cent of the Company’s shares. Mr. Yang is also CEO of Yidian Zixun a leading news aggregation platform. Prior to founding China Fusion Capital, Mr. Yang served as Chairman and CEO of Ping’an Securities (a China-focused investment bank) amongst other roles and is currently also a board member of Sunsea AIoT Technology Co. Ltd.
About Telit
Telit is a global leader in the Internet of Things enablement, with an extensive portfolio of wireless connectivity modules, platforms and virtual cellular IoT operator services, empowering hundreds of millions of connected ‘things’ to date, and trusted by thousands of direct and indirect customers, globally. With nearly two decades of IoT innovation experience, Telit continues to redefine the boundaries of digital business, by delivering secure, integrated end-to-end IoT solutions for many of the world’s largest brands, including enterprises, OEMs, system integrators and service providers across all industries, enabling their pursuit of enterprise digital transformation.
For more information: https://www.telit.com
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