---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-22-007762"
form_type: "8-K"
ticker: "NXTT"
cik: "0001784970"
company_name: "Next Technology Holding Inc."
filed_at: "2022-10-18T23:59:59+00:00"
generated_at: "2026-06-23T03:02:11.268330+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# WeTrade Group appoints Hanfeng Li as VP, launches WTPay payment system, and forms alliances for global e-commerce

## Summary
- Appointed Hanfeng Li as VP and President of WTPay; 3-year employment, annual salary RMB 480k (~$66,898), effective Oct 13, 2022.
- Launched global payment system WTPay in Singapore on Oct 18, 2022; supports 8 digital wallets in over 100 countries.
- Entered strategic alliances with Second Pay Financing, Manny's Money, Supay Fintech, and Web3zero for global e-commerce and payment.
- Outlined development plans for YCloud, WTPay, and Y-Health (biotech and healthcare) business segments.

## SEC filing metadata
- accession: 0001477932-22-007762
- form_type: 8-K
- ticker: NXTT
- cik: 0001784970
- company_name: Next Technology Holding Inc.
- filed_at: 2022-10-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1784970/000147793222007762/0001477932-22-007762-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1784970/000147793222007762/wtg_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-22-007762
- JSON: https://secwatch.observer/filing/0001477932-22-007762.json
- Plain text: https://secwatch.observer/filing/0001477932-22-007762.txt

## Key facts
- Executive change
  Hanfeng Li was appointed as Vice President at Next Technology Holding Inc..
  - Action: appointed
  - Role: Vice President
  source text: On October 13, 2022, the Board of Directors, Nominating Committee and Compensation Committee approved the appointment of Mr. Hanfeng Li as the Vice President of Wetrade Group Inc. (the “Company”), effective October 13, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1784970/000147793222007762/0001477932-22-007762-index.htm

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