---
schema_version: "secwatch.filing_event.v1"
accession: "0001640334-23-000249"
form_type: "8-K"
ticker: "XITO"
cik: "0001651932"
company_name: "Xenous Holdings, Inc."
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T02:47:59.151772+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "medium"
source: SEC EDGAR
---

# Xenous Holdings appoints Yao Gang as CTO; updates on potential acquisitions

## Summary
- Yao Gang appointed CTO effective Feb 20, 2023; previously assistant manager at Lie You Network Beijing Technology.
- Company received valuation of ~$20M for Dadvance Agarwood Alpha, expected to rise to ~$76M in 3-4 years.
- Company expresses interest in acquiring a US-based renewable energy company with a solar farm project backed by US government.
- Both acquisitions to be financed via share issuance to investor or target company.

## SEC filing metadata
- accession: 0001640334-23-000249
- form_type: 8-K
- ticker: XITO
- cik: 0001651932
- company_name: Xenous Holdings, Inc.
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: medium
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1651932/000164033423000249/0001640334-23-000249-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1651932/000164033423000249/xito_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-23-000249
- JSON: https://secwatch.observer/filing/0001640334-23-000249.json
- Plain text: https://secwatch.observer/filing/0001640334-23-000249.txt

## Key facts
- Executive change
  Yao Gang was appointed as Chief Technology Officer at Xenous Holdings, Inc..
  - Action: appointed
  - Role: Chief Technology Officer
  source text: On February 20, 2023, Mr. Yao Gang was appointed as the Company’s new Chief Technology Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1651932/000164033423000249/0001640334-23-000249-index.htm

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