Fly-E Group appointed Qiang Chen as CEO at annual compensation of $60,000 and named Jingxia Song an independent director at $26,400. Chen brings accounting and public-company management experience, while Song joins the Audit, Nominating and Corporate Governance, and Compensation committees, changing both executive Leadership and board oversight.

Key Highlights

  • Lisa Fan resigned as Fly-E Group’s CEO and director effective immediately on September 11, 2026.
  • Qiang Chen has led Zhongbao Financial Consulting since January 2016 and previously served as CFO of General Steel Holdings.
  • Jingxia Song joined Fly-E Group’s board as an independent director and became a member of three board committees.

Fly-E Group, Inc. (NASDAQ: FLYE) appointed Qiang Chen as chief executive officer and set his annual compensation at $60,000. Lisa Fan resigned as CEO and director effective immediately on September 11, 2026, while Jingxia Song joined the board as an independent director.

Leadership Change Takes Effect

Fan’s resignation was not connected to a disagreement with Fly-E Group, its board or any board committee. Chen’s employment agreement, dated September 9, identifies his employment position as chief financial officer, while the board appointment names him CEO. The agreement provides for an initial base salary of $60,000 per year, subject to review and adjustment by the board.

Independent Director Joins Board Committees

Her offer letter sets annual compensation at $26,400. Song served as deputy general manager of administration at Beijing Zeying Investment from June 2018 to February 2026.