Summit Networks appoints three new independent directors; two directors resign

Summit Networks Inc.

Independent directors Weiwei Jiang (April 30) and Jianhua Shu (Aug 25) resigned; no disputes cited.
Board appointed Zhen Liao, Hong Yu, and Xuezhi Ma as new independent directors and audit committee members.
Liao and Yu each received 30,000 shares for two-year term; Ma received 50,000 shares as compensation.

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