{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-031688","form_type":"8-K","ticker":"GDC","cik":"0001641398","company_name":"GD Culture Group Ltd","filed_at":"2023-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.791064+00:00","generated_at":"2026-06-16T21:23:33.424845+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"GD Culture Group appoints new CEO and CFO after resignations effective April 21, 2023","bullets":["CEO/President/Chairman Hongxiang Yu and CFO Yi Li resigned effective April 21, 2023, with no disagreement disclosed.","Xiao Jian Wang appointed CEO, President, Chairman, and director; annual salary $50,000.","Zihao Zhao appointed CFO; annual salary $30,000.","Wang previously VP at Foregrowth Inc.; Zhao was senior audit assistant at PwC Shanghai."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-031688","json":"https://secwatch.observer/filing/0001213900-23-031688.json","markdown":"https://secwatch.observer/filing/0001213900-23-031688.md","text":"https://secwatch.observer/filing/0001213900-23-031688.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1641398/000121390023031688/0001213900-23-031688-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1641398/000121390023031688/ea177292-8k_gdculture.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T21:23:33.424845+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":"13d218f096","claim":"Yi Li resigned as Chief Financial Officer at GD Culture Group Ltd.","evidence_excerpt":"On April 21, 2023, Ms. Yi Li tendered her resignation as the Chief Financial Officer of the Company, effective April 21, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1641398/000121390023031688/0001213900-23-031688-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"6580fcc769","claim":"Xiao Jian Wang was appointed as Chief Executive Officer, President, Chairman of the Board and a director at GD Culture Group Ltd.","evidence_excerpt":"Mr. Xiao Jian Wang was appointed as the Chief Executive Officer, President, Chairman of the Board and a director of the Company, effective April 21, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1641398/000121390023031688/0001213900-23-031688-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer, President, Chairman of the Board and a director"}],"fact_type":"executive_change"},{"claim_id":"8151d65731","claim":"Hongxiang Yu resigned as Chief Executive Officer, President, Chairman of the Board and a director at GD Culture Group Ltd.","evidence_excerpt":"On April 21, 2023, Mr. Hongxiang Yu tendered his resignation as the Chief Executive Officer, President, Chairman of the Board and a director of GD Culture Group Limited (the “Company”), effective April 21, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1641398/000121390023031688/0001213900-23-031688-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer, President, Chairman of the Board and a director"}],"fact_type":"executive_change"},{"claim_id":"8f7f60471c","claim":"Zihao Zhao was appointed as Chief Financial Officer at GD Culture Group Ltd.","evidence_excerpt":"Mr. Zihao Zhao was appointed as the Chief Financial officer of the Company, effective April 21, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1641398/000121390023031688/0001213900-23-031688-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}