DCS Promotes CEO and CFO to Further Align with Corporate Strategy

Executive Summary

• William Espley promoted from Interim CEO to permanent CEO, effective November 26, 2025.
• Ying Xu promoted from Interim CFO to permanent CFO, also effective November 26, 2025.
• Company leadership asserts the promotions will accelerate DCS’s corporate strategy and growth in the IoT market.

Key Details

• Promotions:
• William Espley – Interim CEO → CEO (effective 26‑Nov‑2025).
• Ying Xu – Interim CFO → CFO (effective 26‑Nov‑2025).
• Leadership Quote: “We are delighted to have both Mr. Espley and Ms. Xu to step up and take on these two very important roles… I am confident that these promotions will accelerate our corporate strategy…” – Mike Zhou, Director, DCS.
• Company Overview (retained for context only): DCS provides IoT‑focused technology solutions, including software applications and scalable cloud services; listed on CSE (DCSI) and Frankfurt Stock Exchange (7QU).

Notable Quotes

• “We are delighted to have both Mr. Espley and Ms. Xu to step up and take on these two very important roles,” – Mike Zhou, Director, DCS.
• “I am confident that these promotions will accelerate our corporate strategy to take the company further in the near future.” – Mike Zhou, Director, DCS.