Bit Origin Ltd Pursues Business Growth and Gender Equality Goals with Appointment of New Executive Vice President

Bit Origin Limited

New York, Sept. 06, 2022 (GLOBE NEWSWIRE) — Bit Origin Ltd (NASDAQ: BTOG) (“Bit Origin” or the “Company”), an emerging growth company engaged in the cryptocurrency mining industry with diversified expansion strategies, today announced that the Company’s Board of Directors has appointed Ms. Lianfei Du as Executive Vice President, effective September 1, 2022, to further support its growth and development strategy. accelerating its business development from a financial and operational perspective. Ms. Du became Bit Origin’s second female executive, advancing the company’s proactive gender equality initiatives.

Ms. Du has a wealth of experience in equity/debt investment, financial advisory and fund operations management. Ms. Du joined the company in December 2021 as Head of Corporate Finance and Operations. From January 2018 to December 2021, Ms. Du served as Vice Chairman of TCC Capital, a Hong Kong-based boutique private equity fund backed by a Hong Kong family office with assets under management (AUM) of hundreds of millions of dollars. U.S. dollars. As Vice President of TCC Capital, Ms. Du led several venture capital and growth capital investment projects in various sectors, including biotechnology, new materials, fintech and real estate. Ms. Du also has extensive experience in fundraising activities for more than 400 million US dollars. From January 2014 to November 2017, Ms. Du was a manager at Ernst & Young (China) Advisory Limited, leading the financial due diligence for more than 20 transactions in all areas: venture capital, private equity, exit buyout, mergers and acquisitions, liquidation, etc. From July 2010 to November 2013, Ms. Du was a Senior Associate at PricewaterhouseCoopers for audit or internal control assignments. Ms. Du received her Master of Business Administration (MBA) from Yokohama National University in Japan in 2010.

Mr. Lucas Wang, Chairman and CEO of the company, said, “We are delighted to welcome Ms. Du as Executive Vice President. Ms. Du has a wealth of investment and operations management experience in various industries. With a wealth of expertise, Ms. Du will bring new insights and knowledge to the business, supporting our continued growth by improving operations and creating greater value for our shareholders, customers and employees. We believe Ms. Du’s arrival will position us well to explore the crypto mining sector, grasp industry trends, and establish strong connections to capital markets with a forward-looking vision.

Ms. Lianfei Du, commented, “I’m really excited to join Bit Origin in its transformation stage. Bit Origin is one of the most innovative and visionary crypto mining companies and has unique strengths and competitive advantages. Working within the company will be a highlight of my career for me. I look forward to working with the team to execute the company’s strategic initiatives and help the company achieve its long-term growth goals.

About Bit Origin Ltd

Bit Origin Ltd, formerly known as China Xiangtai Food Co., Ltd., is an emerging growth company operating in the United States engaged in the cryptocurrency mining industry. The Company is also actively deploying blockchain technologies alongside diversified expansion strategies. For more information, visit https://bitorigin.io.

Sure port Statement

This announcement contains forward-looking statements within the meaning of safety port provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained 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 projections regarding future events and financial trends that the Company believes could affect its financial condition, results of operations, business strategy and his financial needs. Investors can identify these forward-looking statements by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “has intention to”, “plans”, “believes”, “potential”, “continues”, “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 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 anticipated results.

Company details

Bit Origin Ltd
Mr. Lucas Wang, President and CEO
Email: [email protected]

Investor Relations

Ms. Tina Xiao, President
Ascent Investor Relations LLC
Phone: +1-917-609-0333
Email: [email protected]

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