Xiao-I Corporation (NASDAQ: AIXI) adds independent director Binbin Zhang

Rhea-AI Filing Summary

Xiao-I Corporation reported a change in its board leadership and committee membership. On December 30, 2025, Jun Xu resigned from the Board of Directors and from the Audit, Compensation, and Nominating and Corporate Governance Committees, with the company stating his departure did not result from any disagreement over operations, policies, or practices.

The Board appointed Binbin Zhang as an independent director and as a member of the same three committees, effective January 1, 2026. Under a Director Agreement, he will serve as a director from January 1, 2026 and receive annual compensation of RMB 300,000, paid in equal monthly installments. An Indemnification Agreement provides that the company will indemnify him to the fullest extent permitted by law and advance certain expenses related to proceedings arising from his service as a director. The Board determined that he is independent under Nasdaq and SEC rules.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

For the month of January 2026

Commission File Number 001-41631

Xiao-I Corporation

(Translation of registrant’s name into English)

5/F, Building 2, No. 2570

Hechuan Road, Minhang District

Shanghai, China 201101

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒      Form 40-F ☐

Departure of Director

On December 30, 2025, Mr. Jun Xu tendered his resignation as a member of the Board of Directors (the “Board”) of Xiao-I Corporation (the “Company”) and a member of the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of the Board. Mr. Jun Xu’s decision to resign was not the result of any disagreement with the Company, the Board, management, or any matter relating to the Company’s operations, policies or practices.

Appointment of Director

On December 30, 2025, the Board appointed Binbin Zhang to serve as an independent director of the Board, a member of the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of the Board. The foregoing actions became effective on January 1, 2026.

In connection with Binbin Zhang’s appointment, the Company and Mr. Zhang entered into a Director Agreement and an Indemnification Agreement. Pursuant to the Director Agreement, Mr. Zhang will serve as a director of the Company, effective as of January 1, 2026, and will continue to serve until his successor is duly elected or appointed and qualified, or until his earlier death, disqualification, resignation, or removal from office. Mr. Zhang will receive annual compensation of RMB 300,000, payable in equal monthly installments. The Director Agreement is not an employment agreement and does not create any right to continued employment with the Company.

Pursuant to the Indemnification Agreement, the Company has agreed to indemnify Mr. Zhang, to the fullest extent permitted by law, against certain liabilities and expenses incurred as a result of actions brought against him in his capacity as a director of the Company. The Company will also advance expenses in connection with such proceedings, subject to customary conditions, including a written undertaking to repay any amounts advanced if it is ultimately determined that Mr. Zhang is not entitled to indemnification. The Indemnification Agreement survives Mr. Zhang’s service as a director and includes protections in the event of a change in control.

The foregoing summary of the Director Agreement and Indemnification Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the agreements, which are filed as Exhibits 10.1 and 10.2 hereto and incorporated herein by reference.

Binbin Zhang has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K, and have no arrangement or understanding with any other person required to be disclosed pursuant to Item 401(a) of Regulation S-K. Binbin Zhang has no family relationships required to be disclosed pursuant to Item 401(d) of Regulation S-K. The Board has determined that Binbin Zhang is independent pursuant to the definition of independence under Rule 5605(a)(2) of the Nasdaq Listing Rules and Rule 10A-3(b)(1) under the Securities and Exchange Act of 1934, as amended, based on an evaluation of the relationships between the Company and each of those members.

Descriptions of Binbin Zhang’s background and experience are as follows:

Binbin Zhang, age 56, is a citizen of the People’s Republic of China. From September 1990 to September 2023, he served at the Wuhan Railway Bureau Wuchang Power Supply Section, where he held the position of Chairman of the Labor Union. In this role, Mr. Zhang was primarily responsible for overseeing employee welfare, labor relations, and internal personnel administration. Mr. Zhang received a bachelor’s degree in Railway Power Supply Management and Human Resources Management from Railway Radio and Television University in 1990.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number		Description
10.1		Director Agreement, dated January 1, 2026, by and between Xiao-I Corporation and Binbin Zhang
10.2		Indemnification Agreement, dated December 30, 2025, by and between Xiao-I Corporation and Binbin Zhang

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: January 13, 2026	Xiao-I Corporation
	By:	/s/ Hui Yuan
		Name:	Hui Yuan
		Title:	Chief Executive Officer

2

Exhibit 10.1

IN WITNESS WHEREOF, the parties hereto have executed this Director Agreement as of the Effective Date.

	XIAO-I CORPORATION
	By:	/s/ Hui Yuan
	Name:	Hui Yuan
	Title:	Chief Executive Officer
	DIRECTOR
	/s/ Binbin Zhang
	Name:	Binbin Zhang

Signature Page to Director Agreement

FAQ

What board change did Xiao-I Corporation (AIXI) report in this 6-K?

Xiao-I Corporation disclosed that Jun Xu resigned as a member of the Board of Directors and from the Audit, Compensation, and Nominating and Corporate Governance Committees, and that the Board appointed Binbin Zhang as an independent director to those same committees.

Did Jun Xu resign from Xiao-I Corporation (AIXI) due to any disagreement?

The company stated that Jun Xu’s decision to resign was not the result of any disagreement with the company, the Board, management, or any matter relating to the company’s operations, policies, or practices.

Who is the new independent director at Xiao-I Corporation (AIXI) and what are his roles?

The Board appointed Binbin Zhang as an independent director. He serves on the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of the Board.

What compensation will new director Binbin Zhang receive from Xiao-I Corporation (AIXI)?

Under the Director Agreement, Binbin Zhang will receive annual compensation of RMB 300,000, payable in equal monthly installments for his service as a director.

What protections does Xiao-I Corporation (AIXI) provide to director Binbin Zhang?

Under an Indemnification Agreement, the company agreed to indemnify Binbin Zhang to the fullest extent permitted by law against certain liabilities and expenses arising from actions brought against him in his capacity as a director, and to advance related expenses subject to customary conditions.

Is Binbin Zhang considered independent under Nasdaq rules for Xiao-I Corporation (AIXI)?

The Board determined that Binbin Zhang is independent under the definition of independence in Nasdaq Listing Rule 5605(a)(2) and Rule 10A-3(b)(1) under the Securities Exchange Act of 1934.

What is the background of Xiao-I Corporation (AIXI) director Binbin Zhang?

Binbin Zhang, age 56, is a citizen of the People’s Republic of China. From September 1990 to September 2023, he served at the Wuhan Railway Bureau Wuchang Power Supply Section as Chairman of the Labor Union, focusing on employee welfare, labor relations, and internal personnel administration, and he holds a bachelor’s degree in Railway Power Supply Management and Human Resources Management.