JIANGSU, CHINA – Ventec International has elected Jason Chung as CEO, effective immediately.

Chung, a Ventec founding member, succeeds Tony Lau, who continues as chairman of the board.

For now, Chung will also continue to lead the group's Asia operations as COO for the region, alongside Mark Goodwin, who is COO for Europe and the Americas.

"Jason is an accomplished executive with a deep understanding of our business, vision, operations and the strategies we are implementing worldwide," said Lau. "Ventec is amid a transformative phase of its impressive history, having been successfully listed and trading on the Emerging Stock Market of the Taipei Stock Exchange since 16 January 2018 and currently completing the process for a TPEx Mainboard listing for early 2019. We are confident that under Jason's leadership, Ventec is well-positioned to realize the benefits of this transformation and to build on the company's strengths, driving long-term growth and increasing shareholder value."

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