---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-24-008795"
form_type: "8-K"
ticker: null
cik: "0000934796"
company_name: "NETWORK CN INC"
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T04:36:40.704678+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CFO Shirley Cheng resigns effective May 12; Peter Li named VP-Finance

## Summary
- Shirley Cheng resigned as CFO, Corporate Secretary and Director effective May 12, 2024, for personal reasons; no disagreement with company.
- Peter Li appointed Vice President – Finance effective May 2, 2024; has over 35 years of accounting and financial management experience.
- Board is vetting candidates for new CFO; no replacement announced yet.
- Peter Li previously served as CFO and Company Secretary of Man Shing Global Holdings (8309.HK).

## SEC filing metadata
- accession: 0001214659-24-008795
- form_type: 8-K
- cik: 0000934796
- company_name: NETWORK CN INC
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/934796/000121465924008795/0001214659-24-008795-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/934796/000121465924008795/d5102418k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-24-008795
- JSON: https://secwatch.observer/filing/0001214659-24-008795.json
- Plain text: https://secwatch.observer/filing/0001214659-24-008795.txt

## Key facts
- Executive change
  Peter Li was appointed as Vice President – Finance at NETWORK CN INC.
  - Action: appointed
  - Role: Vice President – Finance
  source text: On May 2, 2024, the Company’s board of directors appointed Mr. Peter Li to serve as the Company’s Vice President – Finance, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/934796/000121465924008795/0001214659-24-008795-index.htm
- Executive change
  Shirley Cheng resigned as Chief Financial Officer, Corporate Secretary and Director at NETWORK CN INC.
  - Action: resigned
  - Role: Chief Financial Officer, Corporate Secretary and Director
  source text: Ms. Shirley Cheng, the Chief Financial Officer, Corporate Secretary and Director of Network CN Inc. (the “Company”) notified the Company of her intention to resign from her position for personal reasons. Ms. Cheng’s resignation will become effective on May 12, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/934796/000121465924008795/0001214659-24-008795-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.