AirNet Appoints Professor Yu Xiong as Chief Research & Innovation Advisor to Accelerate Web3 and Cryptocurrency Transformation

BEIJING, Aug. 12, 2025 /PRNewswire/ -- AirNet Technology Inc. (Nasdaq: ANTE) ("AirNet" or the "Company") today announced the appointment of Professor Yu Xiong as Chief Research and Innovation Advisor. In this advisory role, Prof. Xiong will provide strategic counsel to the Company's board of directors and senior leadership as AirNet advances its transformation toward Web3 and cryptocurrency initiatives. Prof. Xiong will guide the Company in shaping AirNet's long-term direction within the evolving Web3 and digital asset landscape, overseeing the innovation pipeline and product roadmap development for new blockchain-based technologies, and identifying strategic partnerships to advance the Company's objectives.

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