Jihan Wu to act as Supervisor

Jihan Wu to act as Supervisor

The position of Bitmain co-founder Jihan Wu has changed from a director to a supervisor. A lawyer stressed, “After changing to a supervisor, there is no voting right, so one’s power is smaller and one cannot participate in the business decision-making of the enterprise.” The company plans to commence IPO and is undergoing a significant metamorphosis.

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