BAIYU board adds Rongrong Jiang as director; Xiangjun Wang resigns effective July 15

BAIYU Holdings, Inc.

Xiangjun Wang resigned as independent director and committee member on July 15 for personal reasons, no disagreement.
Rongrong (Rita) Jiang appointed to board and Audit, Compensation, Nominating committees effective July 15.
Jiang will receive 100,000 shares annually as compensation for board service.
Donghong Xiong appointed Chairman of Nominating and Governance Committee.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Donghong Xiong

Chairman of the Nominating and Governance Committee

BAIYU Holdings, Inc.

Effective: 2024-07-15
Filed: July 17, 2024, 7:59 PM ET

Effective as of July 15, 2024 and upon the recommendation of the Nominating and Governance Committee, Donghong Xiong, a current director and member of the Nominating and Governance Committee, will assume responsibilities as the Chairman of the Nominating and Governance Committee.

Departed

Xiangjun Wang

independent director

BAIYU Holdings, Inc.

Effective: 2024-07-15
Successor: Rongrong (Rita) Jiang
Filed: July 17, 2024, 7:59 PM ET

On July 15, 2024, Xiangjun Wang, an independent director of the board of directors (the “ Board ”) of BAIYU Holdings, Inc. (the “ Company ”), notified the Company of his decision to resign as a director of the Board of the Company, including as to his membership on the Audit Committee of the Board (the “ Audit Committee ”), the Compensation Committee of the Board (the “ Compensation Committee ”), as well as his membership on, and his office as the Chairman of, the Nominating and Governance Committee of the Board (the “ Nominating and Governance Committee ”), effective July 15, 2024.

Appointed

Rongrong (Rita) Jiang

director

BAIYU Holdings, Inc.

Effective: 2024-07-15
Filed: July 17, 2024, 7:59 PM ET

On July 15, 2024, the Board of the Company, acting unanimously and upon the recommendation of the Nominating and Governance Committee, appointed Ms. Rongrong (Rita) Jiang, to serve as a director of the Board, and a member of the Audit Committee, the Compensation Committee, and the Nominating and Governance Committee, respectively, filling the vacancies occurring as a result of the above-noted resignation, effective July 15, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

Donghong Xiong was appointed as Chairman of the Nominating and Governance Committee at BAIYU Holdings, Inc..

Action: appointed
Role: Chairman of the Nominating and Governance Committee

Exact text from the filing

Effective as of July 15, 2024 and upon the recommendation of the Nominating and Governance Committee, Donghong Xiong, a current director and member of the Nominating and Governance Committee, will assume responsibilities as the Chairman of the Nominating and Governance Committee.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Xiangjun Wang resigned as independent director at BAIYU Holdings, Inc..

Action: resigned
Role: independent director

Exact text from the filing

On July 15, 2024, Xiangjun Wang, an independent director of the board of directors (the “ Board ”) of BAIYU Holdings, Inc. (the “ Company ”), notified the Company of his decision to resign as a director of the Board of the Company, including as to his membership on the Audit Committee of the Board (the “ Audit Committee ”), the Compensation Committee of the Board (the “ Compensation Committee ”), as well as his membership on, and his office as the Chairman of, the Nominating and Governance Committee of the Board (the “ Nominating and Governance Committee ”), effective July 15, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Rongrong (Rita) Jiang was appointed as director at BAIYU Holdings, Inc..

Action: appointed
Role: director

Exact text from the filing

On July 15, 2024, the Board of the Company, acting unanimously and upon the recommendation of the Nominating and Governance Committee, appointed Ms. Rongrong (Rita) Jiang, to serve as a director of the Board, and a member of the Audit Committee, the Compensation Committee, and the Nominating and Governance Committee, respectively, filling the vacancies occurring as a result of the above-noted resignation, effective July 15, 2024.

View on SEC.gov

Source: SEC EDGAR

accession 0001213900-24-061931

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.