Paranovus Entertainment Technology Ltd. announced significant management changes on April 29, 2024, with Ms. Xiaoyue Zhang appointed as CEO and Ms. Ling Guo as CFO following the resignations of Mr. Xuezhu Wang and Ms. Sophie Ye Tao. Ms. Zhang will receive $150,000 cash and $150,000 in shares yearly, while Ms. Guo will get $27,000 cash and $27,000 in shares annually.