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Jatcorp Limited (ASX:JAT)

ALERT: Price-sensitive ASX Announcement for JAT
Current share price for JAT : $0.130 -0.125 (-49.02%)+
Announcement
Release
15 Sep 2025 3:54PM
Price at Release
$0.255
Full Release
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Summary
Jatcorp Limited has announced the appointment of Dr. Xinpeng (Sean) Li as the Chief Executive Officer, effective from 10 September 2025. Dr. Li has been serving as an Executive Director since March 2025 and has been acting as CEO after the resignation of Sunny Liang. He holds a Bachelor of Chemical Engineering from Northwest University, a Master in Mechanical Engineering, and a PhD in Chemistry from UNSW. Dr. Li brings over 10 years of international experience in commercialization, investment analysis, business operation, and development, focusing on sustainable development and strategic investment. Prior to joining Jatcorp, he held senior leadership roles at Power Construction Corporation of China, managing projects in China, Germany, and Hong Kong. In Australia, he has held roles at the University of Sydney and UNSW Canberra. Dr. Li's contract is for three years with a total fixed remuneration of $200,000 per year plus superannuation, and a short-term incentive of a cash bonus based on KPI achievement.
Key Points
  • Appointment of Dr. Xinpeng (Sean) Li as CEO
  • Effective commencement date is 10 September 2025
  • Dr. Li's previous role as Executive Director since March 2025
  • Experience includes over 10 years in international commercialisation and strategic investment
  • Background in Chemical and Mechanical Engineering, and Chemistry
  • Previous leadership roles at Power Construction Corporation of China
  • Three-year contract with total fixed remuneration of $200,000 per year plus superannuation
  • Short-term incentives based on KPI
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.