#China #Beijing #Autozi #Weston Twigg #Yafu Guo

Overview of Autozi Internet Technology Changes

On September 3, 2025, Autozi Internet Technology (Global) Ltd., a noted player in the automotive products and services sector in China, made headlines with announcements regarding its Board of Directors. As listed on Nasdaq under the ticker AZI, Autozi has continued to strengthen its governance as it navigates the increasingly competitive automotive landscape.

Board Resignation

Mr. Weston Twigg has officially resigned from his position on the Board of Directors effective August 28, 2025. His resignation marks a pivotal moment for the company as Twigg also vacated his roles as Chairman of the Compensation Committee and as a member of both the Audit Committee and the Nominating and Corporate Governance Committee. It is essential to note that his departure was attributed to personal reasons and was not initiated by any disagreements with the company's operational or policy frameworks.

New Appointment

In tandem with Mr. Twigg's resignation, Autozi appointed Mr. Yafu Guo as an independent director, effective the same day. Mr. Guo's experience in the investment realm is expected to serve the company well in its future endeavors. As the new Chairman of the Compensation Committee, he will also participate as a member of the Audit Committee and Nominating and Corporate Governance Committee. Autozi's Board has stated that Mr. Guo meets the independence requirements outlined in the Nasdaq Listing Rules, ensuring that the integrity of the Board's operations remains intact.

Insights from Leadership

Dr. Houqi Zhang, the Founder, Chairman, and CEO of Autozi, expressed satisfaction in welcoming Mr. Guo to the Board, emphasizing the value his extensive experience in asset management and capital markets brings to Autozi. Dr. Zhang also extended gratitude toward Mr. Twigg for his significant contributions during his tenure.

Mr. Guo comes with an impressive résumé, having nearly three decades of experience in asset management and corporate advisory services. Presently, he holds positions as President and Fund Manager at TJ Capital Holdings LLC and Managing Partner at TJCM Asset Management LLC. His career commenced in finance as an investment advisor at US Securities and Futures Corp., following advanced degrees in finance and physics, which bolster his capabilities in navigating complex investment landscapes.

Updated Board Committee Composition

Post the recent changes, the structure of Autozi's Board committees has been defined as follows:

• - Audit Committee: Chaired by Mr. Kevin Vassily, alongside Dr. Jing Lu and Mr. Yafu Guo.
• - Compensation Committee: Chaired by Mr. Yafu Guo, with Mr. Kevin Vassily and Dr. Jing Lu.
• - Nominating and Corporate Governance Committee: Chaired by Dr. Jing Lu, with Mr. Kevin Vassily and Mr. Yafu Guo.

These changes enhance not only the governance of the organization but also its strategic direction in light of its commitment to shareholder value and corporate responsibility.

About Autozi

Founded in 2010, Autozi Internet Technology (Global) Ltd. has rapidly evolved to become a recognized provider of lifecycle automotive services in China. The company focuses on delivering a broad spectrum of high-quality automotive products and services through innovative online and offline platforms. Utilizing an advanced online supply chain cloud platform and SaaS solutions, Autozi has established a cohesive ecosystem aimed at streamlining processes and fostering innovation throughout the automotive industry.

With the recent board developments, Autozi is poised to enhance its governance structure and pursue strategic pathways aimed at ensuring sustained growth and improved shareholder engagement. The evolving dynamics within the company’s leadership reflect a commitment to adaptability in a fast-changing market, establishing Autozi as a vital force in the automotive service sector.