Epsium Enterprise Names Chun Kit Wong Independent Director with $20K Salary
Epsium Enterprise Limited’s board member Kewei Joshua Cui resigned from all board and committee roles effective March 31 for personal reasons unrelated to operations. On April 1, 39-year-old Chun Kit Wong was appointed independent director, joining three committees and earning annual compensation of USD 20,000.
1. Director Resignation
Effective March 31, Kewei Joshua Cui resigned from Epsium’s Board and its Audit, Compensation and Nominating Committees for personal reasons unrelated to company operations, also stepping down as Compensation Committee Chairperson.
2. Appointment and Background
On April 1, the Board appointed Chun Kit Wong, age 39, as an independent director. He has served since January 2025 as CFO of One and One Green Technologies, led corporate finance at a real estate enterprise from June 2023, and was Vice President at Guosen Securities from March 2021 to June 2023.
3. Committee Roles
Mr. Wong joins the Audit, Compensation and Nominating Committees and assumes the role of Compensation Committee Chair, satisfying Nasdaq independence requirements under Rule 5605(a)(2).
4. Compensation and Indemnification
Under an Independent Director Agreement dated April 1, 2026, Mr. Wong will receive USD 20,000 annually in equal monthly installments and holds an indemnification agreement with the company.