---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-003102"
form_type: "8-K"
ticker: "GDC"
cik: "0001641398"
company_name: "GD Culture Group Ltd"
filed_at: "2022-01-21T23:59:59+00:00"
generated_at: "2026-06-27T16:31:58.199343+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Code Chain New Continent removes CEO Tingjun Yang; President Wei Xu becomes CEO

## Summary
- Board removed Tingjun Yang as CEO and director effective January 21, 2022.
- Removal not due to any disagreement with management on operations, policies, or practices.
- Wei Xu, already President and Chairman, appointed as CEO on the same day.

## SEC filing metadata
- accession: 0001213900-22-003102
- form_type: 8-K
- ticker: GDC
- cik: 0001641398
- company_name: GD Culture Group Ltd
- filed_at: 2022-01-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641398/000121390022003102/0001213900-22-003102-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641398/000121390022003102/ea154372-8k_codechain.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-003102
- JSON: https://secwatch.observer/filing/0001213900-22-003102.json
- Plain text: https://secwatch.observer/filing/0001213900-22-003102.txt

## Key facts
- Executive change
  Tingjun Yang was removed as Chief Executive Officer at GD Culture Group Ltd.
  - Action: removed
  - Role: Chief Executive Officer
  source text: determined to remove Tingjun Yang from his positions of the Chief Executive Officer and a director of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1641398/000121390022003102/0001213900-22-003102-index.htm
- Executive change
  Wei Xu was appointed as Chief Executive Officer at GD Culture Group Ltd.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: the appointment of Wei Xu, the President and Chairman of the Board of the Company, to be the Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1641398/000121390022003102/0001213900-22-003102-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.