YY Group Strengthens Leadership Team with Chief Product Officer Role, Appoints Eli Yu to Lead Product Strategy

Rhea-AI Summary

YY Group (NASDAQ: XCH) announced on December 8, 2025 that it has created a Chief Product Officer role and appointed Eli Yu to lead product strategy. The new CPO will oversee end-to-end product strategy, design, development and lifecycle management to align market needs with product capabilities and accelerate digital product innovation and global growth.

YY Group highlighted Eli Yu's background in AI, software and renewable energy, noting his recent roles founding Evee, leading SpeedX AI, and prior product management for XCharge (Nasdaq: XCH). The move is presented as part of the company's focus on operational excellence, scalability and sustainable growth.

Positive

• CPO role created to centralize product strategy
• Eli Yu appointed with AI and product leadership experience
• Focus on scalability and operational excellence highlighted

Negative

• None.

News Market Reaction – YYGH

-1.08%

3 alerts

-1.08% Session close to close

$17.36M Market Cap

0.1x Rel. Volume

In the Dec 8 session, YYGH declined 1.08%, reflecting a mild negative market reaction. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

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SINGAPORE, Dec. 8, 2025 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced that it has added a Chief Product Officer (CPO) role to its executive team and appointed Mr. Eli Yu, an experienced product and technology leader, to the position. The establishment of the CPO role reflects the Company's commitment to accelerating product innovation and driving global growth and expansion.

Mr. Yu will oversee end-to-end product strategy, design, development, and lifecycle management, leading cross-functional teams to tighten alignment between market needs and product capabilities and elevate the Company's ability to deliver differentiated, high-quality digital solutions to users and partners. The appointment also underscores the Company's focus on operational excellence, scalability, and sustainable growth.

"With the rapid evolution of AI and technology, having a clear, unified product strategy is more important than ever," said Mr. Mike Fu, CEO of YY Group. "Bringing Eli on board as our chief product officer marks a major milestone for our organization, allowing us to optimize product development and strengthen the foundations needed to support our next stage of growth. We are confident that Eli's leadership and expertise will help us unlock new opportunities and deliver even greater value to our users and shareholders."

"I'm honored to join YY Group at such an exciting point in its evolution," said Mr. Yu. "There is tremendous potential to expand into new areas and create more value for those we serve. I look forward to working closely with the leadership team and our talented product organization to build the next generation of products that will shape the Company's future."

Mr. Yu brings a wealth of product leadership experience, spanning AI, software development, technology and renewable energy, with a track record of building scalable products, leading high-performing teams, and driving innovation in competitive markets. Most recently, he founded Evee, an AI-powered human resources service, and served as CEO of SpeedX AI, a global data labeling company. He was also a Product Manager for XCharge (Nasdaq: XCH), where he led its North American product strategy. Mr. Yu is an alumnus of New York University, the University of Washington and Tsinghua University, where he studied mathematics and applied physics.

About YY Group Holding Limited

YY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.

Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania and the Middle East.

Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.

For more information on the Company, please visit https://yygroupholding.com/.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) the growth of the hospitality market, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.

Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com

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SOURCE YY Group Holding Limited

FAQ

What did YY Group announce on December 8, 2025 regarding leadership?

YY Group created a Chief Product Officer role and appointed Eli Yu to lead product strategy.

How will Eli Yu's role affect YY Group's product direction (XCH)?

He will oversee end-to-end product strategy, design, development and lifecycle management to align products with market needs.

What is Eli Yu's relevant experience for the CPO role at YY Group (XCH)?

His background includes founding Evee, serving as CEO of SpeedX AI, and product management at XCharge.

When was Eli Yu appointed CPO of YY Group (XCH)?

The appointment was announced on December 8, 2025.

What strategic priorities did YY Group cite for adding a CPO (XCH)?

The company cited accelerating product innovation, tightening market-product alignment, scalability and sustainable growth.