Elong Power Holding Limited (ELPW) filed a Form 6-K announcing a board-level change.
Executive Director Jingdong Qu resigned effective 20 June 2025; the company states the departure involved no disagreement regarding operations, policies or practices.
On 23 June 2025, the board appointed Zhaohui Yang as the new Executive Director. Mr Yang has led Beijing Minsheng New Hui Investment Management since 2014 and previously held senior positions at a private venture fund, Century Securities and Shandong Hui Zhong Asset Management. He holds a master’s degree in political economy and an EMBA, bringing more than 30 years of entrepreneurship, management and investment experience.
The company has not yet set Mr Yang’s compensation but will execute its standard indemnification agreement. The filing confirms that Mr Yang has no related-party transactions reportable under Item 7.B of Form 20-F.
No financial statements, earnings figures, major transactions or strategic updates accompany this disclosure; investors should view the document solely as a leadership transition notice.