{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-075725","form_type":"8-K","ticker":null,"cik":"0001556266","company_name":"BAIYU Holdings, Inc.","filed_at":"2023-09-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.285841+00:00","generated_at":"2026-06-10T21:41:11.383638+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"TD Holdings appoints new CFO and COO after CFO resignation","bullets":["CFO Tianshi (Stanley) Yang resigned effective Sept 11, 2023; not due to any disagreement with company.","Board appointed Wenhao Cui as CFO and director, effective Sept 11; annual salary $30,000.","Board appointed Ge Ouyang as COO, effective Sept 11; annual salary $42,000.","New CFO previously finance director at Tongdao Group; new COO co-founded Tongdao Group.","Employment agreements include two-year initial term, confidentiality, and non-compete clauses."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-075725","json":"https://secwatch.observer/filing/0001213900-23-075725.json","markdown":"https://secwatch.observer/filing/0001213900-23-075725.md","text":"https://secwatch.observer/filing/0001213900-23-075725.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1556266/000121390023075725/0001213900-23-075725-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1556266/000121390023075725/ea184982-8k_tdholding.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T21:41:11.383638+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":"0194283ec6","claim":"Tianshi (Stanley) Yang resigned as Director at BAIYU Holdings, Inc..","evidence_excerpt":"On September 8, 2023, TD Holdings, Inc. (the “ Company ”) was informed by Tianshi (Stanley) Yang that he will resign from his position as the Chief Financial Officer and as a director of the board of directors (the “ Board ”) of the Company, effective September 11, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1556266/000121390023075725/0001213900-23-075725-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"55a06e55f6","claim":"Wenhao Cui was appointed as Director at BAIYU Holdings, Inc..","evidence_excerpt":"On September 11, 2023, the Board appointed Mr. Wenhao Cui as the Chief Financial Officer of the Company and a member of the Board to fill the vacancies created by the resignation of Mr. Yang, effective September 11, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1556266/000121390023075725/0001213900-23-075725-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"5a7913c3e3","claim":"Tianshi (Stanley) Yang resigned as Chief Financial Officer at BAIYU Holdings, Inc..","evidence_excerpt":"On September 8, 2023, TD Holdings, Inc. (the “ Company ”) was informed by Tianshi (Stanley) Yang that he will resign from his position as the Chief Financial Officer and as a director of the board of directors (the “ Board ”) of the Company, effective September 11, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1556266/000121390023075725/0001213900-23-075725-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":"c72965a732","claim":"Wenhao Cui was appointed as Chief Financial Officer at BAIYU Holdings, Inc..","evidence_excerpt":"On September 11, 2023, the Board appointed Mr. Wenhao Cui as the Chief Financial Officer of the Company and a member of the Board to fill the vacancies created by the resignation of Mr. Yang, effective September 11, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1556266/000121390023075725/0001213900-23-075725-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"ebbbdbd14d","claim":"Ge Ouyang was appointed as Chief Operating Officer at BAIYU Holdings, Inc..","evidence_excerpt":"On September 11, 2023, the Board appointed Ms. Ge Ouyang as the Chief Operating Officer (“ COO ”), effective September 11, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1556266/000121390023075725/0001213900-23-075725-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}