Epsium Appoints Wong Ching Wan as CFO
Epsium Enterprise announced the appointment of Wong Ching Wan as CFO of the Company, effective May 1. The Company also announced that Ming Yin Gordon Au Yeung, the current CFO, stepped down from the position effective April 30. The Company thanks Ming Yin Au Yeung for his contributions during his tenure. His departure was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Wong brings over two decades of experience in financial reporting, internal controls, and regulatory compliance across U.S. and Hong Kong listed companies. Prior to joining Epsium, Wong served as CFO and Head of Reporting at Intelligent Living Application Group where he was responsible for SEC compliance and financial reporting. He holds a Bachelor of Business Administration in Accounting from The Chinese University of Hong Kong and a Master of Professional Business Administration from Troy University.
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- Website Launch: Epsium Enterprise Limited has announced the launch of its new investor relations website, aimed at providing shareholders and analysts with streamlined access to financial reports, press releases, and management information, thereby enhancing transparency and communication efficiency.
- Market Positioning: Through its Macau subsidiary, Epsium focuses on the import and wholesale distribution of premium alcoholic beverages, establishing itself as a top wholesaler of Chinese liquor in the Macau market, further solidifying its market position.
- Product Portfolio: The company's offerings include Chinese liquor, French cognac, Scotch whisky, and more, showcasing its diversity and competitiveness in the high-end beverage market to meet varying consumer demands.
- Future Outlook: Epsium emphasizes its commitment to monitoring market changes and consumer preferences to drive business growth and channel expansion, ensuring it maintains a leading position in a competitive landscape.
- Website Launch: Epsium Enterprise Limited announced the launch of its new investor relations website on June 18, 2026, aimed at providing shareholders and analysts with streamlined access to financial reports and company information, reflecting the company's commitment to transparent communication.
- Product Portfolio: Through its Macau subsidiary, Epsium is primarily engaged in the import and wholesale distribution of alcoholic beverages, including Chinese liquor, French cognac, and Scotch whisky, establishing itself as a top wholesaler of high-end Chinese liquor in the Macau market, thereby reinforcing its market position.
- Market Positioning: Epsium's core product category is Chinese liquor, and with its premium product offerings and market expertise, the company holds a significant share in the Macau market, which is expected to continue benefiting from local consumer demand for high-end beverages.
- Forward-Looking Statements: The company highlighted in its press release that future business strategies and financial performance will be influenced by various factors such as market conditions and consumer demand, emphasizing the importance of risk management.
- Executive Change: Epsium Enterprise has appointed Ching Wan Wong as the new CFO effective immediately, succeeding Ming Yin Gordon Au Yeung who stepped down on April 30, indicating stability and continuity in the company's leadership.
- Departure Clarification: The company clarified that Au Yeung's departure was not due to any disagreements related to operations, policies, or practices, reflecting the company's commitment to transparency in governance and enhancing investor confidence.
- New CFO Background: Wong brings over 20 years of experience in financial reporting, internal controls, and regulatory compliance, having most recently served as CFO at Intelligent Living Application Group where he oversaw SEC compliance and financial disclosures, showcasing his extensive expertise in financial management.
- Compliance and Regulatory Expertise: Wong's background also includes advisory roles on Hong Kong Stock Exchange and U.S. Securities and Exchange Commission listing requirements, which will enhance Epsium's compliance capabilities and support the company in navigating complex market environments.
- Investigation Launched: The Schall Law Firm has announced an investigation into Epsium Enterprise Limited (NASDAQ:EPSM), focusing on whether the company issued false or misleading statements or failed to disclose information pertinent to investors, potentially leading to investor losses.
- Investor Rights Protection: The firm encourages all shareholders who have suffered losses to participate in the investigation and offers free legal consultations, aiming to uphold investors' rights and enhance market transparency.
- Litigation Expertise: Schall Law Firm specializes in securities class action lawsuits and shareholder rights litigation, representing investors globally, which demonstrates its professional capability and market influence in protecting investor interests.
- Advertising Disclosure: This press release may be considered Attorney Advertising in some jurisdictions, emphasizing compliance and transparency in legal services, ensuring investors' right to be informed when selecting legal representation.
- Executive Change: Epsium Enterprise Limited announced the appointment of Wong Ching Wan as Chief Financial Officer effective May 1, 2026, aimed at strengthening the company's financial reporting and internal control framework.
- Predecessor's Contributions: Former CFO Ming Yin Gordon Au Yeung stepped down on April 30, 2026, with the company emphasizing that his departure was not due to any disagreements, reflecting the company's appreciation for his contributions.
- Extensive Experience: Mr. Wong brings over 20 years of experience in financial reporting, internal controls, and compliance, having served as CFO at Intelligent Living Application Group, where he was responsible for SEC compliance.
- Strategic Importance: The appointment of the new CFO is seen as a crucial step for Epsium's ongoing development as a Nasdaq-listed company, expected to enhance financial discipline and cross-border compliance capabilities to support future business expansion.
- Executive Change: Epsium Enterprise Limited announced the appointment of Wong Ching Wan as Chief Financial Officer effective May 1, 2026, aiming to enhance the company's financial reporting and internal control framework to support its ongoing development as a Nasdaq-listed entity.
- Predecessor's Contributions: Current CFO Ming Yin Gordon Au Yeung stepped down on April 30, 2026, with the company emphasizing that his departure was not due to any disagreements regarding operations or policies, reflecting the company's appreciation for his contributions.
- Extensive Experience: Mr. Wong brings over two decades of experience in financial reporting, internal controls, and compliance, particularly in SEC reporting, which will provide significant support to Epsium's operations and regulatory adherence.
- Market Positioning: Epsium, through its Macau subsidiary Luz, focuses on the import and wholesale distribution of premium alcoholic beverages, establishing itself as a top wholesaler of high-end Chinese liquor in the Macau market, and will leverage the new CFO's expertise to drive future growth.









