FLNT on Nasdaq
Fluent, Inc.
American advertising services company based in New York, active since 2008. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerFLNT on Nasdaq2
- IndustryServices-Advertising2
- HeadquartersShanghai, China2
- Incorporated inDE3
- Business address300 Vesey Street, 9Th Floor, New York, Ny 102823
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formCorporation2
- LEI549300P3G8O165ICY4292
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O The Corporation Trust Company, 19801 Wilmington, United States2
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This business description should be read in conjunction with our audited consolidated financial statements and accompanying notes thereto appearing elsewhere in this Annual Report on Form 10-K for the year ended December 31, 2025 (the "2025 Form 10-K"), which are incorporated herein by this reference.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Owned And Operated brought in 45% of the revenue Fluent, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Owned And Operated | $168.4M | $94.5M |
| Commerce Media Solutions | $41.3M | $82.3M |
| Call Solutions | $31.1M | $24.8M |
| Ad Parlor | $9.9M | $7.2M |
| Product and Service, Other | $3.9M | $47.0K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development6¢$11.8M
- Other costs93¢$193.8M
- Interest1¢$3.1M
- Income tax0¢$2.0K
Out of $208.8M in revenue.5 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | $208.8M | $254.6M |
| Cost of revenue (exclusive of depreciation and amortization) | $157.5M | $193.8M |
| Sales and marketing | $14.5M | $17.3M |
| Product development | $11.8M | $17.3M |
| General and administrative | $34.7M | $37.7M |
| Depreciation and amortization | $9.8M | $9.9M |
| Goodwill and intangible assets impairment | $774.0K | $2.2M |
| Total costs and expenses | $229.1M | $278.3M |
| Loss from operations | -$20.3M | -$23.7M |
| Interest expense, net | -$3.1M | -$4.7M |
| Fair value adjustment of Convertible Notes, with related parties | -$14.0K | -$1.7M |
| Loss on early extinguishment of debt | -$3.8M | -$1.0M |
| Loss before income taxes | -$27.2M | -$31.1M |
| Income tax benefit | $2.0K | $1.8M |
| Net loss | -$27.2M | -$29.3M |
| Basic (in dollars per share) | -$1.05 | -$1.80 |
| Diluted (in dollars per share) | -$1.05 | -$1.80 |
| Basic (in shares) | 26.0M shares | 16.3M shares |
| Diluted (in shares) | 26.0M shares | 16.3M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $12.9M | $9.4M | |
| Accounts receivable, net of allowance for credit losses of $163 and $487, respectively | $46.7M | $46.5M | |
| Prepaid expenses and other current assets | $7.8M | $8.7M | |
| Current restricted cash | $0 | $1.3M | |
| Total current assets | $67.5M | $66.0M | |
| Non-current restricted cash | $710.0K | $0 | |
| Property and equipment, net | $104.0K | $304.0K | |
| Operating lease right-of-use assets | $2.9M | $1.6M | |
| Intangible assets, net | $17.3M | $21.8M | |
| Other non-current assets | $715.0K | $4.0M | |
| Total assets | $89.1M | $93.6M | |
| Accounts payable | $7.2M | $8.8M | |
| Accrued expenses and other current liabilities | $25.2M | $21.9M | |
| Deferred revenue | $721.0K | $556.0K | $430.0K |
| Short-term debt, net | $30.8M | $31.6M | |
| Current portion of operating lease liability | $1.1M | $1.8M | |
| Total current liabilities | $65.0M | $64.7M | |
| Long-term debt, net | $0 | $250.0K | |
| Convertible Notes, at fair value with related parties | $3.7M | $3.7M | |
| Operating lease liability, net | $2.0M | $9.0K | |
| Other non-current liabilities | $168.0K | $1.0K | |
| Total liabilities | $70.9M | $68.7M | |
| Preferred stock $0.0001 par value, 10,000,000 Shares authorized; Shares outstanding 0 shares for both periods | $0 | $0 | |
| Common stock $0.0005 par value, 200,000,000 Shares authorized; Shares issued 30,404,779 and 20,791,431, respectively; and Shares outstanding 29,636,184 and 20,022,836, respectively | $53.0K | $47.0K | |
| Treasury stock, at cost 768,595 and 768,595 shares, respectively | -$11.4M | -$11.4M | |
| Additional paid-in capital | $467.5M | $447.1M | |
| Accumulated deficit | -$438.0M | -$410.8M | |
| Total shareholders equity | $18.2M | $25.0M | $34.4M |
| Total liabilities and shareholders' equity | $89.1M | $93.6M | |
| Accounts receivable, allowance for doubtful accounts | $163.0K | $487.0K | |
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in shares) | 10.0M shares | 10.0M shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | |
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in shares) | 200.0M shares | 200.0M shares | |
| Common stock, shares issued (in shares) | 30.4M shares | 20.8M shares | |
| Common stock, shares outstanding (in shares) | 29.6M shares | 20.0M shares | |
| Treasury stock, shares (in shares) | 768.6K shares | 768.6K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $12.9M | $9.4M | |
| Accounts receivable, net of allowance for credit losses of $163 and $487, respectively | $46.7M | $46.5M | |
| Prepaid expenses and other current assets | $7.8M | $8.7M | |
| Current restricted cash | $0 | $1.3M | |
| Total current assets | $67.5M | $66.0M | |
| Non-current restricted cash | $710.0K | $0 | |
| Property and equipment, net | $104.0K | $304.0K | |
| Operating lease right-of-use assets | $2.9M | $1.6M | |
| Intangible assets, net | $17.3M | $21.8M | |
| Other non-current assets | $715.0K | $4.0M | |
| Total assets | $89.1M | $93.6M | |
| Accounts payable | $7.2M | $8.8M | |
| Accrued expenses and other current liabilities | $25.2M | $21.9M | |
| Deferred revenue | $721.0K | $556.0K | $430.0K |
| Short-term debt, net | $30.8M | $31.6M | |
| Current portion of operating lease liability | $1.1M | $1.8M | |
| Total current liabilities | $65.0M | $64.7M | |
| Long-term debt, net | $0 | $250.0K | |
| Convertible Notes, at fair value with related parties | $3.7M | $3.7M | |
| Operating lease liability, net | $2.0M | $9.0K | |
| Other non-current liabilities | $168.0K | $1.0K | |
| Total liabilities | $70.9M | $68.7M | |
| Preferred stock $0.0001 par value, 10,000,000 Shares authorized; Shares outstanding 0 shares for both periods | $0 | $0 | |
| Common stock $0.0005 par value, 200,000,000 Shares authorized; Shares issued 30,404,779 and 20,791,431, respectively; and Shares outstanding 29,636,184 and 20,022,836, respectively | $53.0K | $47.0K | |
| Treasury stock, at cost 768,595 and 768,595 shares, respectively | -$11.4M | -$11.4M | |
| Additional paid-in capital | $467.5M | $447.1M | |
| Accumulated deficit | -$438.0M | -$410.8M | |
| Total shareholders equity | $18.2M | $25.0M | $34.4M |
| Total liabilities and shareholders' equity | $89.1M | $93.6M | |
| Accounts receivable, allowance for doubtful accounts | $163.0K | $487.0K | |
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in shares) | 10.0M shares | 10.0M shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | |
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in shares) | 200.0M shares | 200.0M shares | |
| Common stock, shares issued (in shares) | 30.4M shares | 20.8M shares | |
| Common stock, shares outstanding (in shares) | 29.6M shares | 20.0M shares | |
| Treasury stock, shares (in shares) | 768.6K shares | 768.6K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$27.2M | -$29.3M |
| Depreciation and amortization | $9.8M | $9.9M |
| Non-cash loan amortization expense | $666.0K | $1.4M |
| Non-cash gain on contingent consideration | $0 | -$250.0K |
| Non-cash loss on early extinguishment of debt | $3.8M | $1.0M |
| Share-based compensation expense | $2.2M | $2.0M |
| Fair value adjustment of Convertible Notes, with related parties | $14.0K | $1.7M |
| Goodwill impairment | $0 | $1.3M |
| Impairment of intangible assets | $774.0K | $980.0K |
| Non-cash loss on asset write-off | $698.0K | $0 |
| Allowance for credit losses | $53.0K | $401.0K |
| Deferred income taxes | $140.0K | -$276.0K |
| Accounts receivable | -$256.0K | $9.5M |
| Prepaid expenses and other current assets | $3.1M | -$3.2M |
| Other non-current assets | $3.0M | -$51.0K |
| Operating lease assets and liabilities, net | -$47.0K | -$325.0K |
| Accounts payable | -$1.6M | -$2.2M |
| Accrued expenses and other current liabilities | $3.2M | -$5.9M |
| Deferred revenue | $165.0K | $313.0K |
| Other | -$1.0K | -$1.0M |
| Net cash used in operating activities | -$1.5M | -$14.1M |
| Capitalized costs included in intangible assets | -$6.3M | -$6.2M |
| Acquisition of property and equipment | -$69.0K | -$13.0K |
| Net cash used in investing activities | -$6.4M | -$6.2M |
| Proceeds from issuance of short and long term debt | $103.3M | $65.4M |
| Repayments of long-term debt | -$109.7M | -$68.2M |
| Debt financing costs | -$1.3M | -$1.9M |
| Proceeds from issuance of common stock and warrants | $19.4M | $12.6M |
| Proceeds from exercise of warrants | $0 | $2.0K |
| Proceeds from Convertible Notes, with related parties | $0 | $2.0M |
| Net cash provided by financing activities | $10.8M | $15.2M |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | $3.0M | -$5.1M |
| Cash paid for interest | $2.6M | $3.6M |
| Cash refunded for income taxes, net | -$69.0K | -$323.0K |
| Share-based compensation capitalized in intangible assets | $37.0K | $48.0K |
| Long-term debt issuance | $0 | $2.0M |
| Consideration for True North | $0 | $989.0K |
No quarter-by-quarter statement was filed.
Leadership
Who has led Fluent, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerDonald Huntley Patrick Dec 3, 2021 to now13
- Chief executive officerRyan Schulke Mar 29, 2018 to Nov 12, 202114
- Chief executive officerDerek Dubner Mar 24, 2015 to Dec 15, 201715
- Chief executive officerWei Han Tan Mar 24, 2015 to Jul 30, 201516
- Chief executive officerPaul Matthew Conway Feb 3, 2010 to Mar 22, 201017
- ChairMichael Brauser Jul 22, 2015 to Nov 17, 201718
- PresidentMatthew Conlin Mar 29, 2018 to Dec 1, 202119
- PresidentGarbo Lee Nov 9, 2009 to Jan 13, 201020
- Chief financial officerSugandha Khandelwal Dec 8, 2021 to Dec 20, 202221
- Chief financial officerAlexander Mandel Feb 5, 2019 to Feb 3, 202122
- Chief financial officerRyan Macnab Perfit Mar 29, 2018 to Feb 5, 201923
- Chief financial officerDaniel Maclachlan Apr 4, 2016 to Dec 15, 201724
- Chief financial officerJinbo Wang Mar 24, 2015 to Mar 24, 201525
- Chief financial officerAaron Solomon Jul 9, 2015 to Mar 23, 201626
- Chief financial officerWilfred Chow Jan 6, 2010 to Jan 6, 201027
- Chief operating officerDonald Huntley Patrick Mar 29, 2018 to Jul 1, 202428
- Chief operating officerHarry Baker Jordan Iii. Aug 10, 2016 to Sep 11, 201729
- Chief operating officerJianhai Huang Nov 9, 2009 to Nov 9, 200930
Board members and other officers (27)
- Chief Customer OfficerMatthew Conlin Mar 15, 2022 to now31
- Chief Strategy OfficerRyan Schulke Mar 15, 2022 to now32
- Chief Information OfficerJeffrey Alan Dell Sep 21, 2016 to Feb 16, 201833
- Chief Accounting OfficerJinbo Wang Jul 30, 2015 to Mar 12, 201834
- Board memberJames Geygan Jan 31, 2025 to now35
- Board memberDavid Allen Graff Oct 12, 2022 to now36
- Board memberRichard C. Pfenniger Jr. Oct 12, 2022 to now37
- Board memberCarla Newell Oct 9, 2020 to Jun 14, 202338
- Board memberBarbara Z. Shattuck Dec 11, 2019 to now39
- Board memberMatthew Conlin Mar 29, 2018 to now19
- Board memberAndrew J. Frawley Apr 5, 2018 to Jun 22, 202040
- Board memberRyan Schulke Feb 24, 2016 to now41
- Board memberDaniel Brauser Mar 24, 2015 to Jun 3, 201542
- Board memberDerek Dubner Mar 24, 2015 to Dec 15, 201715
- Board memberWei Han Tan Mar 24, 2015 to Mar 24, 201516
- Board memberYunan Ren Mar 24, 2015 to Jun 3, 201543
- Board memberMichael Brauser Jun 8, 2015 to Feb 14, 201844
- Board memberPeter Benz Jun 8, 2015 to Dec 10, 201945
- Board memberRobert Swayman Jun 8, 2015 to Apr 17, 201746
- Board memberPhillip Et Al Frost Md. Dec 10, 2015 to Dec 11, 201747
- Board memberDonald H. Mathis Dec 21, 2015 to now48
- Board memberRobert N. Fried Nov 3, 2009 to Apr 17, 201749
- Board memberGlenn L. Halpryn Nov 4, 2009 to Jan 13, 201050
- Board memberEarl Ching-Hwa Yen Nov 9, 2009 to Jan 13, 201051
- Board memberJianzhong Qu Nov 9, 2009 to Jan 13, 201052
- Board memberLu Xiaoming Nov 9, 2009 to Jan 13, 201053
- Board memberQinying Liu Nov 9, 2009 to Nov 9, 200954
Named in SEC Form D filings
People the company listed in its private-offering notices.
- DirectorBarbara Kohn named May 30, 202455
Former names
Timeline
- Dec 3, 2021New chief executive Donald Huntley Patrick becomes CEO13
- Mar 29, 2018New chief executive Ryan Schulke becomes CEO14
- Mar 24, 2015New chief executive Derek Dubner becomes CEO15
- Mar 24, 2015New chief executive Wei Han Tan becomes CEO16
- Feb 3, 2010New chief executive Paul Matthew Conway becomes CEO17
- Mar 13, 2008Founded Fluent, Inc. is founded2
Filings
334 filings to the SEC since October 2021: 6 annual reports, 16 quarterly reports, 59 major events, 175 insider forms, 36 large holders, 1 private raises, 41 other. The latest 20:
- Oct 5, 20268-K EDGAR
- Sep 16, 20264 EDGAR
- Sep 16, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 10, 2026144 EDGAR
- Sep 9, 20264 EDGAR
- Sep 1, 2026S-8 EDGAR
- Aug 13, 202610-Q EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 10, 20268-K EDGAR
- Jun 26, 20264 EDGAR
- Jun 26, 20264 EDGAR
- Jun 25, 20264 EDGAR
- Jun 25, 20264 EDGAR
- Jun 25, 20264 EDGAR
- Jun 22, 20268-K EDGAR
- Jun 22, 20264 EDGAR
- Jun 22, 20264 EDGAR
- Jun 18, 20264 EDGAR
- Jun 18, 20264 EDGAR
The 334 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
113 open-market trades by officers, directors and large owners since October 2021: 91 buys and 22 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 14, 2026 | Rice Shawn G | Buy | 12,376 | $3.38 | $41.8K | Form 4 |
| Sep 14, 2026 | GEYGAN JAMESDirector | Buy | 12,376 | $3.38 | $41.8K | Form 4 |
| Sep 10, 2026 | Graff David AllenDirector | Sale | 25,000 | $3.00 | $75.0K | Form 4 |
| Sep 4, 2026 | Schulke RyanChief Strategy Officer | Buy | 2,823 | $3.08 | $8.7K | Form 4 |
| Sep 1, 2026 | Rice Shawn G | Sale | 148 | $3.23 | $478 | Form 4 |
| Sep 1, 2026 | GEYGAN JAMESDirector | Sale | 148 | $3.23 | $478 | Form 4 |
| Aug 28, 2026 | Rice Shawn G | Sale | 665 | $3.58 | $2.4K | Form 4 |
| Aug 28, 2026 | GEYGAN JAMESDirector | Sale | 665 | $3.58 | $2.4K | Form 4 |
| Aug 25, 2026 | Rice Shawn G | Sale | 2 | $4.15 | $8 | Form 4 |
| Aug 25, 2026 | GEYGAN JAMESDirector | Sale | 2 | $4.15 | $8 | Form 4 |
| Aug 17, 2026 | Rice Shawn G | Sale | 500 | $4.05 | $2.0K | Form 4 |
| Aug 17, 2026 | GEYGAN JAMESDirector | Sale | 500 | $4.05 | $2.0K | Form 4 |
| Aug 14, 2026 | Rice Shawn G | Sale | 600 | $4.15 | $2.5K | Form 4 |
| Aug 14, 2026 | GEYGAN JAMESDirector | Sale | 600 | $4.15 | $2.5K | Form 4 |
| Jun 12, 2026 | GEYGAN JAMESDirector | Buy | 61,368 | $2.75 | $168.8K | Form 4 |
| Jun 12, 2026 | Geygan Kathleen | Buy | 61,368 | $2.75 | $168.8K | Form 4 |
| Jun 1, 2026 | Conlin MatthewChief Customer Officer | Buy | 5,000 | $2.07 | $10.3K | Form 4 |
| Jun 1, 2026 | Schulke RyanChief Strategy Officer | Buy | 5,000 | $2.07 | $10.3K | Form 4 |
| May 26, 2026 | Patrick Donald HuntleyChief Executive Officer | Sale | 286 | $2.49 | $712 | Form 4 |
| May 26, 2026 | Perfit Ryan MacNabChief Financial Officer | Sale | 9,604 | $2.59 | $24.9K | Form 4 |
All 113 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Bleichroeder LPSCHEDULE 13G/A, 2 filings Nov 14, 2025 to Aug 13, 202656
- JB CAPITAL PARTNERS LPSCHEDULE 13G/A, 5 filings Feb 10, 2022 to Feb 9, 202657
- Phillip Et Al Frost Md.SCHEDULE 13D/A, 7 filings Sep 25, 2023 to Jan 28, 202658
- Tieton Capital Management, LLCSCHEDULE 13G/A, 3 filings Jan 25, 2023 to Nov 12, 202559
- Matthew ConlinSCHEDULE 13D/A, 3 filings May 16, 2024 to Jun 20, 202560
- Ryan SchulkeSCHEDULE 13D/A, 4 filings May 16, 2024 to Jun 20, 202561
- GLOBAL VALUE INVESTMENT CORP.SCHEDULE 13D/A, 5 filings Nov 16, 2023 to Jan 22, 202562
- WELLINGTON TRUST Co N ASC 13G/A, 3 filings Feb 4, 2022 to Feb 8, 202463
- Wellington Management CompanySC 13G/A, 3 filings Feb 4, 2022 to Feb 8, 202464
- Wellington Trust Company, National Association Multiple Common Trust Funds Trust, Micro Cap Equity PortfolioSC 13G/A, 1 filing Feb 4, 202265
Money raised
Private offerings the company reported to the SEC on Form D.
- May 13, 2024Raised $10 million in a private offering of securities Form D: 6 investors so far Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 27. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARFluent, Inc. filings on SEC EDGAR
- 2
- 3SEC EDGARFluent, Inc. filings on SEC EDGAR
- 4
- 5SEC EDGARFluent, Inc. 10-K for fiscal 2025
- 6SEC EDGARFluent, Inc. 10-K for fiscal 2019
- 7SEC EDGARFluent, Inc. 10-K for fiscal 2020
- 8SEC EDGARFluent, Inc. 10-K for fiscal 2021
- 9SEC EDGARFluent, Inc. 10-K for fiscal 2022
- 10SEC EDGARFluent, Inc. 10-K for fiscal 2023
- 11SEC EDGARFluent, Inc. 10-Q for fiscal 2026
- 12SEC EDGARFluent, Inc. 10-Q for fiscal 2026
- 13
- 14
- 15
- 16SEC EDGARWei Han Tan, Chief executive officer
- 17
- 18SEC EDGARMichael Brauser, Chair
- 19SEC EDGARMatthew Conlin, President
- 20SEC EDGARGarbo Lee, President
- 21
- 22
- 23
- 24
- 25SEC EDGARJinbo Wang, Chief financial officer
- 26
- 27
- 28
- 29
- 30
- 31
- 32SEC EDGARRyan Schulke, Chief Strategy Officer
- 33
- 34SEC EDGARJinbo Wang, Chief Accounting Officer
- 35SEC EDGARJames Geygan, Board member
- 36SEC EDGARDavid Allen Graff, Board member
- 37
- 38SEC EDGARCarla Newell, Board member
- 39SEC EDGARBarbara Z. Shattuck, Board member
- 40SEC EDGARAndrew J. Frawley, Board member
- 41SEC EDGARRyan Schulke, Board member
- 42SEC EDGARDaniel Brauser, Board member
- 43SEC EDGARYunan Ren, Board member
- 44SEC EDGARMichael Brauser, Board member
- 45SEC EDGARPeter Benz, Board member
- 46SEC EDGARRobert Swayman, Board member
- 47
- 48SEC EDGARDonald H. Mathis, Board member
- 49SEC EDGARRobert N. Fried, Board member
- 50SEC EDGARGlenn L. Halpryn, Board member
- 51SEC EDGAREarl Ching-Hwa Yen, Board member
- 52SEC EDGARJianzhong Qu, Board member
- 53SEC EDGARLu Xiaoming, Board member
- 54SEC EDGARQinying Liu, Board member
- 55
- 56
- 57
- 58
- 59
- 60
- 61
- 62
- 63
- 64
- 65