BAIYU CEO Renmei Ouyang resigns for medical reasons; COO Ge Ouyang appointed CEO

BAIYU Holdings, Inc.

Renmei Ouyang resigned as CEO, President, and Chairwoman effective Feb 28, 2025, due to medical condition requiring long-term treatment.
Ge Ouyang appointed CEO, President, and Board member effective March 4, 2025; will continue as COO.
Annual base salary of $42,000 under amended employment agreement; eligible for bonus, equity, and benefits.
Ge Ouyang previously served as COO since Sep 2023 and co-founded Tongdao Group in 2011.

item 5.02 item 9.01

Executive movements

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Departed

Renmei Ouyang

Chief Executive Officer, President and Chairwoman

BAIYU Holdings, Inc.

Effective: 2025-02-28
Successor: Ge Ouyang
Filed: March 5, 2025, 6:59 PM ET

On February 28, 2025, Renmei Ouyang, the Chief Executive Officer, President and Chairwoman of the board of directors (the “ Board ”) of BAIYU Holdings, Inc. (the “ Company ”), notified the Company of her decision to resign as the Chief Executive Officer, President, and a director of the Board of the Company.

Appointed

Ge Ouyang

Chief Executive Officer, President

BAIYU Holdings, Inc.

Effective: 2025-03-04
Filed: March 5, 2025, 6:59 PM ET

On March 4, 2025, the Board appointed Ms. Ge Ouyang as the Chief Executive Officer and President of the Company and a member of the Board to serve until her successor has been duly appointed, or until her earlier death, resignation, or removal to fill the vacancies created by the resignation of Ms. Renmei Ouyang, effective March 4, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Renmei Ouyang resigned as Chief Executive Officer, President and Chairwoman at BAIYU Holdings, Inc..

Action: resigned
Role: Chief Executive Officer, President and Chairwoman

Exact text from the filing

On February 28, 2025, Renmei Ouyang, the Chief Executive Officer, President and Chairwoman of the board of directors (the “ Board ”) of BAIYU Holdings, Inc. (the “ Company ”), notified the Company of her decision to resign as the Chief Executive Officer, President, and a director of the Board of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ge Ouyang was appointed as Chief Executive Officer, President at BAIYU Holdings, Inc..

Action: appointed
Role: Chief Executive Officer, President

Exact text from the filing

On March 4, 2025, the Board appointed Ms. Ge Ouyang as the Chief Executive Officer and President of the Company and a member of the Board to serve until her successor has been duly appointed, or until her earlier death, resignation, or removal to fill the vacancies created by the resignation of Ms. Renmei Ouyang, effective March 4, 2025.

View on SEC.gov

Source: SEC EDGAR

accession 0001213900-25-020416

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