---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-24-008108"
form_type: "8-K"
ticker: "NFSN"
cik: "0001284454"
company_name: "Nongfu Shop Digital New Retail Co., Ltd"
filed_at: "2024-12-16T23:59:59+00:00"
generated_at: "2026-05-29T02:48:57.753375+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# CEO Baobin He resigns; Daohong Yuan named CEO/CFO; company corrects prior misleading 8-K on business change

## Summary
- CEO Baobin He resigned effective Sep 25, 2024; Daohong Yuan appointed CEO and CFO, Ye Yuan as Director.
- Daohong Yuan and Ye Yuan are brothers; no compensation arrangements with either.
- Company corrects prior 8-K: no current operating business and no name change was authorized.
- Daohong Yuan (age 37) has served as Chairman of China Private Economic Investment Group since 2024.
- Ye Yuan (age 35) is President of Technical Operation Dept at Nongfu Shop since July 2023.

## SEC filing metadata
- accession: 0001477932-24-008108
- form_type: 8-K
- ticker: NFSN
- cik: 0001284454
- company_name: Nongfu Shop Digital New Retail Co., Ltd
- filed_at: 2024-12-16T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1284454/000147793224008108/0001477932-24-008108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1284454/000147793224008108/ybcn_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-24-008108
- JSON: https://secwatch.observer/filing/0001477932-24-008108.json
- Plain text: https://secwatch.observer/filing/0001477932-24-008108.txt

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