Baiya International (BIYA) Announces CFO Change and Board Reshuffle

Baiya International Group (NYSE: BIYA) announced significant leadership changes effective June 25, 2025.

(Neutral)

Form Type

6-K

Rhea-AI Filing Summary

Baiya International Group (NYSE: BIYA) announced significant leadership changes effective June 25, 2025. Mr. Dian Zhang resigned as Chief Financial Officer, and Ms. Xiaoyue Zhang stepped down from the board of directors. Both resignations were amicable with no disagreements regarding company operations or policies.

The company appointed two new leaders: Ms. Dan Bin as CFO and Ms. Linxi Xie as director. Ms. Bin brings over 12 years of financial management experience in manufacturing and technology sectors, most recently serving as Finance Director at Chengdu Jinkeyulu Technology. She holds degrees in Accounting Information Systems and Software Engineering.

Ms. Linxi Xie joins the board with over 10 years of experience in overseas IPOs and cross-border capital markets. As a Partner at Antelope Holdings since 2020, she has led multiple IPO projects. She is a Certified Financial Planner with expertise in listing strategy and M&A planning.

Positive

New CFO Ms. Dan Bin brings 12 years of relevant financial management experience in manufacturing and technology sectors, with strong credentials including strategic planning and risk management expertise
New board director Ms. Linxi Xie adds valuable expertise in overseas IPOs and cross-border capital markets, along with professional certifications (CFP) and partnership experience at Antelope Holdings

Negative

Simultaneous departure of both CFO and board director, even though stated as not due to disagreements, represents significant leadership turnover

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is the new CFO of BIYA appointed on June 25, 2025?

Ms. Dan Bin was appointed as the new Chief Financial Officer (CFO) of BIYA on June 25, 2025. She is a seasoned finance professional with over 12 years of experience in corporate financial management. Prior to joining BIYA, she served as Finance Director at Chengdu Jinkeyulu Technology Co., Ltd. since March 2023.

Why did BIYA's CFO Dian Zhang resign in June 2025?

According to the 6-K filing, Mr. Dian Zhang resigned as CFO effective June 25, 2025. The filing explicitly states that his resignation was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company.

What changes occurred in BIYA's board of directors in June 2025?

On June 25, 2025, Ms. Xiaoyue Zhang resigned as a director of the board, and Ms. Linxi Xie was elected as a new director to fill the vacancy. Ms. Xie brings over ten years of experience in the financial industry, specializing in overseas IPOs and cross-border capital markets.

What is the professional background of BIYA's new CFO Dan Bin?

Ms. Dan Bin has over 12 years of experience in corporate financial management. Her previous roles include: Finance Director at Chengdu Jinkeyulu Technology Co., Ltd. (March 2023-present), Finance Manager at Chongqing Jinzhima Machinery Manufacturing Co., Ltd. (2019-2022), and leadership roles at Chongqing Tianxin Consulting Services Co., Ltd. She holds a bachelor's degree in Accounting Information Systems and a master's in Software Engineering.

What are the qualifications of BIYA's new board director Linxi Xie?

Ms. Linxi Xie has over 10 years of experience in the financial industry. She currently serves as a Partner at Antelope Holdings (Chengdu) Co., Ltd. since May 2020, specializing in overseas IPOs and cross-border capital markets. She holds a Business Administration degree, a Fund Practitioner Qualification Certificate, and is a Certified Financial Planner (CFP).

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →

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Accepted by SEC EDGAR 06/26/2025 - 05:12 PM

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 June 2025

Commission File Number: 001-42553

BAIYA INTERNATIONAL GROUP INC.

(Translation of registrant’s name into English)

5Q, No. 5 Golf Avenue

Guangpei Community, Guanlan Street

Longhua District, Shenzhen, China

(Address of Principal Executive Office) 

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 ☐ 

Change of Directors

Effective June 25, 2025, Mr. Dian Zhang (“Mr. Zhang”) resigned as the Chief Financial Officer (“CFO”) of the Company. The resignation of Mr. Zhang was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company.

Effective June 25, 2025, Ms. Xiaoyue Zhang (“Ms. Zhang”) resigned as a director of the board of directors (the “Board”) of Baiya International Group Inc. (the “Company”). The resignation of Ms. Zhang was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company.

Effective June 25, 2025, Ms. Dan Bin (“Ms. Bin”), was elected as the Chief Financial Officer (CFO) by the remaining members of the Board to fill the vacancy resulting from the resignation of Mr. Zhang.

Effective June 25, 2025, Ms. Linxi Xie (“Ms. Xie”), was elected as a director by the remaining members of the Board to fill the vacancy resulting from the resignation of Ms. Zhang.

Ms. Dan Bin (“Ms. Bin”) is a seasoned finance professional with over 12 years of experience in corporate financial management across the manufacturing and technology sectors. Since March 2023, she has been serving as the Finance Director of Chengdu Jinkeyulu Technology Co., Ltd. In this position, she leads strategic planning, internal controls, budgeting, and financial risk management. From September 2019 to December 2022, Ms. Bin served as the Finance Manager at Chongqing Jinzhima Machinery Manufacturing Co., Ltd., where she developed a five-year finance strategy, optimized cost structures, and supported business expansion. From October 2014 to August 2019, she held financial leadership roles at Chongqing Tianxin Consulting Services Co., Ltd., and from March 2013 to January 2014, she worked at Chengdu Mingqing Machinery Co., Ltd. as a Finance Supervisor. Ms. Bin holds a bachelor’s degree in Accounting Information Systems from Sichuan Normal University and a master’s degree in Software Engineering from the University of Electronic Science and Technology of China.

Ms. Linxi Xie (“Ms. Xie”) has over ten years of experience in the financial industry, focusing on overseas IPOs and cross-border capital markets. Since May 2020, she has been serving as a Partner at Antelope Holdings (Chengdu) Co., Ltd., where she has led multiple overseas IPO projects and advised on listing strategy, M&A planning, and financing. From March 2013 to September 2016, Ms. Xie worked as Head of the Asset Management Department at Sichuan Xinglian'an Asset Management Co., Ltd., where she supported the company’s setup and later managed capital operations and business oversight. Ms. Xie holds a degree in Business Administration (Online Education Program) from the University of Electronic Science and Technology of China. She holds a Fund Practitioner Qualification Certificate and is a Certified Financial Planner (CFP).

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: June 26, 2025	BAIYA INTERNATIONAL GROUP INC.

	By:	/s/ Siyu Yang
		Siyu Yang
		Chief Executive Officer

Source: View Original Filing on SEC EDGAR