Cheetah Net appoints Xiangan Ruan as director; $20k annual compensation

CHEETAH NET SUPPLY CHAIN SERVICE INC.

Xiangan Ruan appointed to Board effective Dec 5, 2024; also named Audit Committee member, Compensation Committee member, and Nominating/Governance chair.
Ruan will receive $20,000 per year in cash, paid semi-annually; no prior relationship with the company.
Company entered indemnification agreement with Ruan covering legal expenses for proceedings related to his service.
Ruan has been a senior partner at Allbright Law Offices (Shanghai) since 2005; holds law degree from Sun Yat-sen University.

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