[May 04, 2021]

Chayora Expands Senior Executive Team With Appointment of New CFO

Chayora Holdings Limited, an international infrastructure investor, developer and operator of hyperscale data centre campuses in China, is delighted to announce the appointment of Teresa Shi as Chief Financial Officer, based in Shanghai.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210504006161/en/

Teresa Shi, Chief Financial Officer, Chayora (Photo: Business Wire)

Teresa has an impressive background with over 17 years of experience in providing excellent financial management and strategy to both world-class corporations and fast-growing start-ups around the globe. Prior to joining Chayora and between 2016-2020 Teresa was the Head of Finance for Byton, an EV start-up, where she established effective financial operations, processes, systems and teams. She led the team in delivering a diversified debt financing structure and played a key role in four rounds of equity financing, which in combination totals up to 1.2B USD. Prior to that, she worked as a senior finance executive in a Silicon Valley new energy start-up as well as a US based tier one automotive supplier.

Teresa holds MBA from Schulich School of Business in Canada and she's also a certified management accountant (CMA) and a chartered public accountant (CPA). Teresa focuses on managing and optimizing the financial performance of Chayora, offers effective fund-raising activities and provides financial clarification to valuate decisions and strategies.

"We are delighted that Teresa has joined Chayora's Senior Executive Team in this key role which is fundamental to our future growth strategy," said Oliver Jones, Co-Founder and CEO, Chayora. "Her financial rigour and insight will strongly support our expansion plans and bring insight and best practice to the company."

"Chayora is an exciting business and I look forward to supporting its projected growth plans," said Teresa. "The datacentre industry is exploding and in a post COVID world all sectors are aware of their dependence on the internet and data related services. Growth in digital infrastructure and the recent regulatory changes that have created a demand for expansion by businesses wishing to trade in China's financial services will inevitably fuel Chayora's growth."

About Chayora

Chayora Holdings Limited, a Cayman Islands-based company is the holding company of Chayora Limited, headquartered in Hong Kong. Chayora develops hyperscale, world-class designed and operated, scalable data centres and data centre campuses in China. Chayora serves global Fortune 500 companies and premium Chinese data centre operators offering cloud services, ICT services, financial services or other services offerings dependent on intensive, high quality data centre infrastructure in China.

For more information about Chayora, visit www.chayora.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210504006161/en/

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