---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-079140"
form_type: "8-K"
ticker: "SGLY"
cik: "0001422892"
company_name: "Singularity Future Technology Ltd."
filed_at: "2023-09-25T23:59:59+00:00"
generated_at: "2026-06-10T09:11:13.603413+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Director Heng Wang resigns; Xu Zhao appointed as independent director and committee chair

## Summary
- Heng Wang resigned as director and from all committees on Sept 21, 2023; no disagreement with company.
- Board elected Xu Zhao as Class I independent director on Sept 25, 2023 to fill vacancy.
- Zhao appointed to Audit Committee, Compensation Committee, and Chair of Nominating and Corporate Governance Committee.
- Zhao receives $50,000 annual base salary for director and committee services.
- Zhao is president of Shijiazhuang Juminhui Technology (since Mar 2023); former regional manager at Jiangsu Hengrui Pharmaceuticals (2009-2022). No family relations.

## SEC filing metadata
- accession: 0001213900-23-079140
- form_type: 8-K
- ticker: SGLY
- cik: 0001422892
- company_name: Singularity Future Technology Ltd.
- filed_at: 2023-09-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1422892/000121390023079140/0001213900-23-079140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1422892/000121390023079140/ea185745-8k_singularity.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-079140
- JSON: https://secwatch.observer/filing/0001213900-23-079140.json
- Plain text: https://secwatch.observer/filing/0001213900-23-079140.txt

## Key facts
- Executive change
  Heng Wang resigned as Director at Singularity Future Technology Ltd..
  - Action: resigned
  - Role: Director
  source text: On September 21, 2023, Mr. Heng Wang resigned as a director of Singularity Future Technology Ltd. (the “Company”) and a member of the Compensation Committee, the Audit Committee, and the Nominating and Corporate Governance Committee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1422892/000121390023079140/0001213900-23-079140-index.htm
- Executive change
  Xu Zhao was elected as Class I Independent Director at Singularity Future Technology Ltd..
  - Action: elected
  - Role: Class I Independent Director
  source text: On September 25, 2023, pursuant to its bylaws, the board of directors (the “Board”) of the Company elected Mr. Xu Zhao as a Class I independent director to serve until the annual meeting of stockholders for the fiscal year 2022, to fill the vacancy on the Board resulting from the resignation of Mr. Heng Wang.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1422892/000121390023079140/0001213900-23-079140-index.htm

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