---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-061931"
form_type: "8-K"
ticker: null
cik: "0001556266"
company_name: "BAIYU Holdings, Inc."
filed_at: "2024-07-17T23:59:59+00:00"
generated_at: "2026-05-31T20:12:48.433168+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-24-061931
- form_type: 8-K
- cik: 0001556266
- company_name: BAIYU Holdings, Inc.
- filed_at: 2024-07-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1556266/000121390024061931/0001213900-24-061931-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1556266/000121390024061931/ea0209434-8k_baiyu.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-061931
- JSON: https://secwatch.observer/filing/0001213900-24-061931.json
- Plain text: https://secwatch.observer/filing/0001213900-24-061931.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1556266/000121390024061931/0001213900-24-061931-index.htm
- Executive change
  Xiangjun Wang resigned as independent director at BAIYU Holdings, Inc..
  - Action: resigned
  - Role: independent director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1556266/000121390024061931/0001213900-24-061931-index.htm
- Executive change
  Rongrong (Rita) Jiang was appointed as director at BAIYU Holdings, Inc..
  - Action: appointed
  - Role: director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1556266/000121390024061931/0001213900-24-061931-index.htm

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