Skillful Craftsman (EDTK) extends CEO, CFO one-year terms in 2025
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Skillful Craftsman Education Technology Limited renewed the employment agreements for its top two executives. On October 1, 2025, the company signed a one-year agreement with Chief Executive Officer Bin Fu, providing an annual salary of $60,000, payable quarterly, plus eligibility for an annual cash bonus at the board’s discretion. The same day, it entered into a parallel one-year agreement with Chief Financial Officer Dawei Chen, also with a $60,000 annual salary paid quarterly and potential annual cash bonus determined solely by the board.
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FAQ
What did Skillful Craftsman (EDTK) disclose in this Form 6-K?
The company renewed one-year employment agreements for its CEO, Bin Fu, and CFO, Dawei Chen, effective October 1, 2025, with updated compensation terms.
What is the new salary for Skillful Craftsman (EDTK) CEO Bin Fu?
CEO Bin Fu will receive an annual salary of $60,000, payable quarterly, under his one-year employment agreement starting October 1, 2025.
What compensation will Skillful Craftsman (EDTK) CFO Dawei Chen receive?
CFO Dawei Chen will also receive an annual salary of $60,000, payable quarterly, under a one-year employment agreement dated October 1, 2025.
Are bonuses included in the new executive agreements at Skillful Craftsman (EDTK)?
Yes. Both the CEO and CFO are eligible for an annual cash bonus, which will be awarded at the Board of Directors’ sole discretion.
How long do the renewed executive agreements at Skillful Craftsman (EDTK) last?
Each of the renewed employment agreements for the CEO and CFO has a one-year term beginning on October 1, 2025.
Where can investors find the full text of the executive agreements for Skillful Craftsman (EDTK)?
The complete agreements are filed as exhibits 10.1 (for Bin Fu) and 10.2 (for Dawei Chen) and are incorporated by reference.