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Tuya Announces Director Appointment

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Tuya (NYSE: TUYA; HKEX: 2391) has appointed Ms. Zhang Yan as a director, effective immediately. Zhang, who has been serving as vice president of finance since January 2021, previously worked at Ernst & Young Hua Ming LLP from 2009 to 2021 as senior audit manager. The appointment helps meet gender diversity requirements of The Stock Exchange of Hong Kong and promotes balanced Board composition. Zhang holds degrees from Shanxi University of Finance and Economics and Dongbei University of Finance and Economics.

Tuya (NYSE: TUYA; HKEX: 2391) ha nominato la signora Zhang Yan come direttrice, con effetto immediato. Zhang, che ha ricoperto il ruolo di vicepresidente delle finanze da gennaio 2021, ha precedentemente lavorato presso Ernst & Young Hua Ming LLP dal 2009 al 2021 come manager senior di audit. La nomina contribuisce a soddisfare i requisiti di diversit脿 di genere della Borsa di Hong Kong e promuove una composizione equilibrata del Consiglio di Amministrazione. Zhang 猫 laureata presso l'Universit脿 di Finanza ed Economia di Shanxi e l'Universit脿 di Finanza ed Economia di Dongbei.

Tuya (NYSE: TUYA; HKEX: 2391) ha nombrado a la Sra. Zhang Yan como directora, con efecto inmediato. Zhang, quien ha sido vicepresidenta de finanzas desde enero de 2021, trabaj贸 anteriormente en Ernst & Young Hua Ming LLP de 2009 a 2021 como gerente senior de auditor铆a. El nombramiento ayuda a cumplir los requisitos de diversidad de g茅nero de la Bolsa de Hong Kong y promueve una composici贸n equilibrada del Consejo. Zhang tiene t铆tulos de la Universidad de Finanzas y Econom铆a de Shanxi y de la Universidad de Finanzas y Econom铆a de Dongbei.

Tuya (NYSE: TUYA; HKEX: 2391)電 鞛レ杸鞚 鞚挫偓搿 鞛勲獏頄堧嫟瓿 歃夓嫓 氚滍憸頄堨姷雼堧嫟. 鞛レ潃 2021雲 1鞗旊秬韯 鞛 攵靷灔鞙茧 鞚柬暣鞕旍溂氅, 2009雲勲秬韯 2021雲勱箤歆 鞏措媹鞀ろ姼鞎れ榿 頇旊皪 LLP鞐愳劀 靹犾瀯 臧愳偓 甏毽瀽搿 攴茧頄堨姷雼堧嫟. 鞚措矆 鞛勲獏鞚 頇嶌僵 歃濌秾 瓯半灅靻岇潣 靹彪硠 雼れ枒靹 鞖旉贝鞚 於╈”頃橁碃 攴犿槙 鞛№瀸 鞚挫偓須 甑劚鞚 齑夓頃橂姅 雿 霃勳泙鞚 欷嶋媹雼. 鞛レ潃 靷办嫓 鞛步雽頃欔祼鞕 霊ル矤鞚 鞛步雽頃欔祼鞐愳劀 頃欖渼毳 旆摑頄堨姷雼堧嫟.

Tuya (NYSE: TUYA; HKEX: 2391) a nomm茅 Mme Zhang Yan en tant que directrice, avec effet imm茅diat. Zhang, qui est vice-pr茅sidente des finances depuis janvier 2021, a pr茅c茅demment travaill茅 chez Ernst & Young Hua Ming LLP de 2009 脿 2021 en tant que responsable senior de l'audit. Cette nomination contribue 脿 r茅pondre aux exigences de diversit茅 de genre de la Bourse de Hong Kong et favorise une composition 茅quilibr茅e du conseil d'administration. Zhang est dipl么m茅e de l'Universit茅 des finances et de l'茅conomie de Shanxi et de l'Universit茅 des finances et de l'茅conomie de Dongbei.

Tuya (NYSE: TUYA; HKEX: 2391) hat Frau Zhang Yan mit sofortiger Wirkung zur Direktorin ernannt. Zhang, die seit Januar 2021 als Vizepr盲sidentin f眉r Finanzen t盲tig ist, arbeitete zuvor von 2009 bis 2021 bei Ernst & Young Hua Ming LLP als leitende Pr眉fungsmanagerin. Die Ernennung tr盲gt dazu bei, die Geschlechterdiversit盲tsanforderungen der Hongkonger B枚rse zu erf眉llen und f枚rdert eine ausgewogene Zusammensetzung des Vorstands. Zhang hat Abschl眉sse von der Shanxi University of Finance and Economics und der Dongbei University of Finance and Economics.

Positive
  • Appointment meets Hong Kong Stock Exchange gender diversity requirements
  • New director brings extensive financial management experience from Big Four accounting firm
Negative
  • None.

SANTA CLARA, Calif., Nov. 18, 2024 /PRNewswire/ -- Tuya, Inc. ("Tuya" or the "Company", together with its subsidiaries and consolidated affiliated entities, the "Group") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced that the board (the "Board") of directors of the Company has appointed Ms. Zhang Yan ("Ms. Zhang") to serve as a director with immediate effect.

Ms. Zhang has been serving as the vice president of finance of the Company and several major subsidiaries since January 2021. Ms. Zhang is responsible for the finance of the Group. Prior to joining the Company, Ms. Zhang worked at Ernst & Young Hua Ming LLP from December 2009 to January 2021, where her last position was senior audit manager. Ms. Zhang received a bachelor's degree in management from Shanxi University of Finance and Economics in the PRC in July 2006, and a master's degree in management from Dongbei University of Finance and Economics in the PRC in January 2009.

As of the date of this press release, the Board comprises Mr. Wang Xueji, Mr. Chen Liaohan, Mr. Yang Yi and Ms. Zhang Yan as executive directors, and Mr. Huang Sidney Xuande, Mr. Qiu Changheng, Mr. Kuok Meng Xiong (alias Guo Mengxiong) and Mr. Yip Pak Tung Jason as independent directors. The appointment of Ms. Zhang allows the Board to meet the gender diversity requirements outlined by The Stock Exchange of Hong Kong Limited, and promotes a more balanced Board composition.

"We welcome our current vice president of finance, Ms. Zhang, to the Board as an executive director," said Mr. WANG Xueji, Founder and CEO of Tuya. "With her extensive experience in financial management and her background at the Big Four accounting firm Ernst & Young, Ms. Zhang will bring valuable expertise to the Board, aligning with Tuya's commitment of diversity."

The Board also warmly welcomes Ms. Zhang to her new role and looks forward to her continued contributions to Tuya's success.

About Tuya Inc.

Tuya Inc. (NYSE: TUYA; HKEX: 2391) is a global leading cloud platform service provider with a mission to build a smart solutions developer ecosystem and enable everything to be smart. Tuya has pioneered a purpose-built cloud developer platform with cloud and generative AI capabilities that delivers a full suite of offerings, including Platform-as-a-Service, or PaaS, Software-as-a-Service, or SaaS, and smart solutions for developers of smart device, commercial applications, and industries. Through its cloud developer platform, Tuya has activated a vibrant global developer community of brands, OEMs, AI agents, system integrators and independent software vendors to collectively strive for smart solutions ecosystem embodying the principles of green and low-carbon, security, high efficiency, agility, and openness. For more information, please visit

Disclosure Information

Tuya uses the website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

Forward-Looking Statements

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about Tuya's beliefs, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "anticipate", "target", "aim", "estimate", "intend", "plan", "believe", "potential", "continue", "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in Tuya's filings with the SEC. The forward-looking statements included in this press release are only made as of the date hereof, and Tuya disclaims any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty.

Investor Relations Contact

Tuya Inc.
Investor Relations
Email: ir@tuya.com

The Blueshirt Group
Gary Dvorchak, CFA
Phone: +1 (323) 240-5796
贰尘补颈濒:听gary@blueshirtgroup.co

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SOURCE Tuya Inc.

FAQ

When did Tuya (NYSE: TUYA) appoint Ms. Zhang Yan as director?

Tuya appointed Ms. Zhang Yan as director effective November 18, 2024.

What was Ms. Zhang's role at Tuya (NYSE: TUYA) before becoming director?

Ms. Zhang served as vice president of finance at Tuya since January 2021 before her appointment as director.

How does Zhang's appointment benefit Tuya's (NYSE: TUYA) board composition?

The appointment helps Tuya meet the gender diversity requirements of The Stock Exchange of Hong Kong and promotes a more balanced Board composition.

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