{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-22-062235","form_type":"8-K","ticker":"GDC","cik":"0001641398","company_name":"GD Culture Group Ltd","filed_at":"2022-10-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.534853+00:00","generated_at":"2026-06-23T05:22:50.543627+00:00","sec_items":["1.01","2.01","3.02","5.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Code Chain completes VIE acquisition of Highlight Media; appoints new CEO and VP","bullets":["Acquired Shanghai Highlight Media via VIE on Sept 29; issued 9M shares at $1.00 each.","CEO Wei Xu and VP Bibo Lin resigned Oct 4; Hongxiang Yu appointed CEO/Chairman, Shuang Zhang VP.","New CEO Yu co-founded Highlight Media; salary $50k/yr; VP Zhang salary $30k/yr.","VIE agreements include exclusive technical services, equity pledge, option, and voting proxy for 20 years."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-22-062235","json":"https://secwatch.observer/filing/0001213900-22-062235.json","markdown":"https://secwatch.observer/filing/0001213900-22-062235.md","text":"https://secwatch.observer/filing/0001213900-22-062235.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1641398/000121390022062235/0001213900-22-062235-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1641398/000121390022062235/ea166761-8k_codechain.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T05:22:50.543627+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"10d90352b8","claim":"Bibo Lin resigned as Vice President and Director at GD Culture Group Ltd.","evidence_excerpt":"On October 4, 2022, Mr. Bibo Lin tendered his resignation as the Vice President and a director of the Company, effective October 4, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1641398/000121390022062235/0001213900-22-062235-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Vice President and Director"}],"fact_type":"executive_change"},{"claim_id":"121b555f73","claim":"Hongxiang Yu was appointed as Chief Executive Officer, President, Chairman of the Board and Director at GD Culture Group Ltd.","evidence_excerpt":"Mr. Hongxiang Yu was appointed as the Chief Executive Officer, President, Chairman of the Board and a director of the Company, effective October 4, 2022","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1641398/000121390022062235/0001213900-22-062235-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer, President, Chairman of the Board and Director"}],"fact_type":"executive_change"},{"claim_id":"2d10cb7d1d","claim":"Wei Xu resigned as Chief Executive Officer, President, Chairman of the Board and Director at GD Culture Group Ltd.","evidence_excerpt":"On October 4, 2022, Mr. Wei Xu tendered his resignation as the Chief Executive Officer, President, Chairman of the Board and a director of Code Chain New Continent Limited (the “Company”), effective October 4, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1641398/000121390022062235/0001213900-22-062235-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer, President, Chairman of the Board and Director"}],"fact_type":"executive_change"},{"claim_id":"9d67feacf5","claim":"Shuang Zhang was appointed as Vice President and Director at GD Culture Group Ltd.","evidence_excerpt":"Ms. Shuang Zhang was appointed as the Vice President and a director of the Company, effective October 4, 2022","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1641398/000121390022062235/0001213900-22-062235-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Vice President and Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}