Company: FLYE
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001213900-25-064293
Chunk: 2770

Company: Fly-E Group, Inc.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 8
Chunk 2770
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 Information Technology Co., Ltd., an internet startup providing community-based online-to-offline
(O2O) life services and a fresh produce B2C (business-to-consumer) platform, where he oversaw financing activities. Prior to that, he
co-founded and served as Chief Operating Officer of Beijing Panteng Technology Co., Ltd., a smart hardware startup, from September 2013
to August 2014, where he secured early-stage funding and led its market expansion. Earlier in his career, Mr. Zhang held senior
financial roles at Ruijing Hengtong (Beijing) Investment Consulting Co., Ltd. from July 2008 to August 2013, and at Peugeot
China Co., Ltd. from June 2003 to July 2008. Mr. Zhang holds a Master’s degree in Business Management from Paris
1 Panthéon-Sorbonne University and a Bachelor’s degree in Accounting from East China Jiaotong University. Mr. Zhang
was selected to serve on the Board due to his extensive expertise in finance and investment management.

Information about the Board of
Directors

Our board of directors oversees
our business and affairs and monitors the performance of management. In accordance with corporate governance principles, the board does
not involve itself in day-to-day operations. The directors keep themselves informed through discussions with our CEO and other key
executives, by reading the reports and other materials that we send them, and by participating in board and committee meetings. Directors
hold office until their successors have been elected and qualified or until he or she resigns or have been removed or disqualified.

Our board of directors are
divided into three classes of directors, with the classes as nearly equal in number as possible, and with the directors serving three-year
terms. The term of office of the Class I director, consisting of Lun Feng, will expire at our 2025 annual meeting of stockholders. The
term of office of the Class II directors, consisting of Zanfeng Zhang and Bin Wang, will expire at our 2026 annual meeting of stockholders.
The term of office of the Class III directors, consisting of Zhou Ou and Shiwen Feng, will expire at our 2027 annual meeting of stockholders.
As a result, approximately one-third of our board of directors will be elected each year. The classification of directors will have the
effect of making it more difficult for stockholders to change the composition of our board