Mercurity Fintech Holding Inc. announces the appointment of new

Shenzhen, China, Oct. 13, 2022 (GLOBE NEWSWIRE) — Mercurity Fintech Holding Inc. (the “Company” or “MFH”) (Nasdaq: MFH)a digital fintech group powered by blockchain technology, today announced that its Board of Directors (the “Board”) has appointed Alan Curtis, Daniel Kelly Kennedy, Zheng Cui, Qian Sun and Hui Cheng as new directors of the company effective October 9, 2022 , among whom Alan Curtis, Zheng Cui and Hui Cheng are considered independent under Nasdaq Rule 5605(a)(2).

“We are delighted to welcome Alan, Daniel, Zheng, Qian and Hui as new directors to the board at this important time. We are confident that they will bring a wealth of knowledge and experience that will further strengthen and diversify the perspectives and expertise of our board. as we continue to execute our strategy and increase value,” said Shi Qiu, CEO of the company.

About Alan Curtis

Mr. Alan Curtis, 79, is an American public policy expert. Mr. Curtis served as public security adviser to Presidents Lyndon B. Johnson and Jimmy Carter. Since 1968, Curtis has served on the National Advisory Commission on Civil Disorders, known as the Kerner Commission. In 1969, Curtis was appointed Assistant Director for Violent Crimes in President Lyndon B. Johnson’s National Commission on the Causes and Prevention of Violence. Between 1977 and 1981, Curtis served as Executive Director of President Jimmy Carter’s Urban and Regional Policy Group and as Urban Policy Advisor to the Secretary of Housing and Urban Development. In 1981, Mr. Curtis was named founding president and CEO of the Milton S. Eisenhower Foundation, which identifies, funds, evaluates and builds evidence-based programs for disadvantaged American youth and families. In 2018, Mr. Curtis published a book titled Healing Our Divided Society: Investing in America Fifty Years after the Kerner Report, and Mr. Curtis proposed evidence-based policies for employment, education, housing, community development, and criminal justice. Mr. Curtis holds an AB in Economics from Harvard, an M.Sc. in Economics from the University of London and a Ph.D. in Criminology and Urban Policy from the University of Pennsylvania.

About Daniel Kelly Kennedy

Mr. Daniel Kelly Kennedy, 38, is an educator, author and inspirational leader in international business and entrepreneurship. From August 2015 to August 2016, Mr. Kennedy was an Academic English Professor at Moraine Park Technical College in Beaver Dam, Wisconsin. From August 2016 to August 2017, Mr. Kennedy was the International Business/Social Media Coordinator at Mozaik Education in Szeged, Hungary. From September 2017 to May 2018, Mr. Kennedy worked as a yoga/meditation teacher at the Lodge at Woodloch in Hawley, Pennsylvania. From August 2020 to July 2022, Mr. Kennedy worked as an academic English professor at Campus Education in New York City. From June 2021 to the present, Mr. Kennedy has been a columnist for “Entrepreneur Magazine” in New York City. Mr. Kennedy has written and published articles on various topics, from finance to lifestyle. Since June 2022, Mr. Kennedy has worked at BIT Mining, a leading publicly traded cryptocurrency mining company, as Marketing Manager responsible for managing social media, PR, investor relations and maintaining a professional and intelligent public image. Mr. Kennedy holds a bachelor’s degree in history and a master’s degree in education from King’s College in Pennsylvania.

About Zheng Cui

Mr. Zheng Cui, 36 years old, is a sales and marketing expert, consultant and entrepreneur. From 2011 to 2014, Mr. Cui worked at Martinwolf, an M&A advisory firm, as an analyst providing various analytical and research support in advisory engagements, including sell-side and buy-side merger transactions, cross-border corporate strategy consulting and limited search. . From 2014 to 2020, Mr. Cui worked at Beyondsoft, a leading provider of IT consulting, solutions and services, as a sales and marketing expert responsible for the US and Australia markets. In addition, in 2013, Mr. Cui founded Indeed Consulting Company, an education consulting firm, and built Indeed Consulting Company until 2020, which currently has two offices and over 100 consultants. In 2020, Mr. Cui joined Mont Bleu Web3 Investment and Advisory as a partner to provide investment and advisory services to support portfolio and client services for Web3. In 2021, Mr. Cui invested and founded Be Humble, a cannabis investment company. Mr. Cui graduated from the University of California, Berkeley, with a Bachelor of Arts degree in Political Economy.

About Qian Sun

Mrs. Qian Sun, 34 years old, has more than 10 years of experience in business management and industrial investment. In 2010, Sun joined Shenzhen Worldunion Group, a listed real estate service company in China, as a project planner in North China, responsible for project planning and marketing in North China. Then, from 2012 to 2017, Sun worked at Bei Hui United Education, an online education company, as an assistant to the chairman and director of operations, respectively, responsible for the development of the company’s curriculum and daily operations management. From 2017 to 2020, Sun worked in Blockchainer, a blockchain consulting and incubation platform company, as a partner responsible for providing one-stop consulting and incubation services in the blockchain field. From 2020 to 2022, Sun worked at Consensus Labs, a leading blockchain investment and research firm, as a partner responsible for industry research and post-investment management. Sun holds a bachelor’s degree in management from Beijing Normal University.

About Hui Cheng

Mr. Hui Cheng, 30 years old, is an entrepreneur in the Internet and financial technology industry. From 2016 to 2018, Mr. Cheng worked at IDG Capital, a venture capital investment firm, as an investment associate. From 2018 to 2019, Mr. Cheng worked at Qudian Group (NYSE:QD), a financial technology company in China, as a special assistant to the CEO, responsible for business globalization. From 2019 to 2022, Mr. Cheng worked for Kuaishou Technology (SEHK:01024), a provider of live streaming services and online marketing services, responsible for Kuaishou Technology’s global operations, including marketing and localization operations in Latin America and Southeast Asia. Mr. Cheng holds a Bachelor of Science and a Master of Science in Management from Tsinghua University.

About Mercurity Fintech Holding Inc. Limited

Mercurity Fintech Holding Inc. is a digital fintech group powered by blockchain technology. The company’s primary business scope includes digital asset trading, asset digitization, cross-border transfers and other services, providing compliant, professional and highly efficient digital financial services to its clients. The company recently started limiting itself to Bitcoin mining, digital currency investment and trading and other related fields. This shift has enabled the company to deepen its involvement in all aspects of the blockchain industry, from production to circulation.

Forward-looking statements

This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and estimates of future events and financial trends that the company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may”, “will”, “expect”, “anticipate”, “target”, “estimate”, “intend”, “plan”, “believe” “potential”, “continue”, “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will prove to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.

For more information, please contact:

International Elite Capital Inc.
Vicky Chueng
Phone: +1(646) 866-7989
Email: [email protected]

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