Xiaoling Qian Appointed to Board of Directors of Opera Limited

Rhea-AI Summary

Opera Limited (Nasdaq: OPRA) announced on June 8, 2021, that Ms. Xiaoling Qian has joined its Board of Directors, replacing Tian Jin, who resigned. Qian is an executive from Kunlun, Opera's largest shareholder, and has been involved with the company since Kunlun's investment in 2016. Opera's Chairman and CEO, Yahui Zhou, expressed confidence in Qian's understanding of the business and the management team. Opera, headquartered in Oslo, is a major internet consumer brand with extensive global reach.

Positive

• Xiaoling Qian brings extensive experience and understanding of Opera's business, which could enhance board dynamics.
• Continuity in leadership with a board member who has been engaged since Kunlun's investment in 2016.

Negative

• Replacement of Tian Jin could signal changes in board dynamics or strategic direction.
• Potential concerns about continuity and strategic vision with a new board member.

OSLO, Norway, June 8, 2021 /PRNewswire/ -- Opera Limited (Nasdaq: OPRA) ("Opera"), one of the world's largest internet consumer brands with hundreds of millions of users worldwide, today announced that Ms. Xiaoling Qian has joined Opera's Board of Directors.

Xiaoling Qian is an executive of Kunlun (300418:CH), a Beijing based mobile gaming and Internet company that is Opera's largest shareholder. Ms. Qian has taken a leading role in managing Kunlun's investment in Opera and has worked with our other board members and the Opera management team since 2016. 

Ms. Qian will serve as a replacement for another Kunlun executive, Tian Jin, on the Opera board. Mr. Jin has resigned from the Opera board to focus on his other pursuits. 

"Xiaoling has supported Opera since Kunlun first invested in the company in 2016. She brings a good understanding of the business and knowledge about the Opera team to the Board, and we are excited to welcome her into this role." said Yahui Zhou, Chairman and CEO of Opera Limited.

About Opera Limited
Opera is a global web innovator. Opera's browsers, news products and fintech solutions are the trusted choice of hundreds of millions of users worldwide. Opera is headquartered in Oslo, Norway and listed on the NASDAQ stock exchange (OPRA). Download the Opera browser from www.opera.com.

 

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SOURCE Opera Limited

FAQ

Who is Xiaoling Qian and what is her role at Opera?

Xiaoling Qian has joined Opera's Board of Directors as a representative of Kunlun, Opera's largest shareholder, bringing her experience and insights since Kunlun's involvement with Opera began in 2016.

Why did Tian Jin resign from Opera's Board of Directors?

Tian Jin resigned to focus on his other pursuits, creating an opportunity for Xiaoling Qian to take his place on the board.

What impact might Xiaoling Qian's appointment have on Opera Limited?

Xiaoling Qian's experience with Kunlun and knowledge of Opera may strengthen the board's guidance, potentially benefiting the company's strategic direction.

When did Xiaoling Qian join Opera's Board of Directors?

Xiaoling Qian was appointed to the Board of Directors on June 8, 2021.