Londian Wason appoints Hongtao Zhang as director

After the appointments and resignation, the 11-member board will include two independent directors, and the Audit Committee will be entirely independent.

Available on EDGAR 11/10/2026 - 06:22 AM EST Accepted by SEC EDGAR 11/10/2026 - 06:22 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Londian Wason New Energy Tech Inc. (FOIL) announced changes to its board and Audit Committee. Young Hyun Kong, a director, tendered his resignation on October 14, 2026, effective immediately, for personal reasons. The company said his resignation was not the result of a disagreement with the company about its operations, policies or practices.

The Board appointed Hongtao Zhang as an independent director and Audit Committee member, effective November 4, 2026. The Board determined that he meets the independence requirements applicable to Audit Committee members under Rule 10A-3 and Section 303A of the NYSE Listed Company Manual. After the changes, the Board will have 11 members, including two independent directors, and the Audit Committee will consist solely of independent directors.

Key Figures

Board members after changes: 11 members Independent directors: 2 directors Director resignation effective date: October 14, 2026 +1 more

4 metrics

Board members after changes 11 members Board composition after the changes

Independent directors 2 directors Board composition after the changes

Director resignation effective date October 14, 2026 Young Hyun Kong’s resignation

Director appointment effective date November 4, 2026 Hongtao Zhang’s appointment to the Board and Audit Committee

Key Terms

independent director, Audit Committee, Rule 10A-3, NYSE Listed Company Manual

4 terms

independent director regulatory

"appointed Mr. Hongtao Zhang as a new independent director"

An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.

Audit Committee regulatory

"a member of the Board’s Audit Committee"

A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.

Rule 10A-3 regulatory

"independence requirements applicable to Audit Committee members under Rule 10A-3"

NYSE Listed Company Manual regulatory

"as incorporated by Section 303A of the NYSE Listed Company Manual"

A NYSE Listed Company Manual is the rulebook that sets the standards and obligations companies must meet to trade on the New York Stock Exchange, covering eligibility, ongoing disclosure, corporate governance and trading procedures. For investors it matters because the manual enforces transparency and minimum safeguards—like a building code for markets—so shareholders can trust that listed companies provide timely information and meet basic financial and governance standards.

FAQ

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

How many independent directors will FOIL have after the board changes?

After the changes, FOIL’s Board will consist of 11 members, including two independent directors. The Audit Committee will consist solely of independent directors.

Who joined FOIL’s board and Audit Committee?

Hongtao Zhang was appointed as an independent director and an Audit Committee member, effective November 4, 2026. The Board determined that he satisfies the independence requirements applicable to Audit Committee members under Rule 10A-3 and Section 303A of the NYSE Listed Company Manual.

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

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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
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of November 2026

Commission File Number: 001-43429

LONDIAN WASON NEW ENERGY TECH INC.
(Exact Name of Registrant as Specified in Its Charter)

T1-7A, 1 Shenzhen Bay Plaza
No. 2233 South Keyuan Road
Nanshan District, Shenzhen
People’s Republic of China, 518054
(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 ☐

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release

SIGNATURE

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.

	LONDIAN WASON NEW ENERGY TECH INC.
Date: November 10, 2026	By:	/s/ Guanran Wang
		Name:	Mr. Guanran Wang
		Title:	Director, Chairman and Co-Chief Executive Officer

Exhibit 99.1

Londian Wason New Energy Tech Inc. Announces Changes of Board of Directors and Audit Committee Composition

SHENZHEN, November 10, 2026 – Londian Wason New Energy Tech Inc. (“Londian” or the “Company”) (NYSE: FOIL), a leading global innovation-driven researcher, developer, and manufacturer of electrolytic copper foil, today announced certain changes to the composition of the board of directors (the “Board”) and the Board’s Audit Committee, as detailed below. After the changes, the Board will consist of 11 members, two of whom are independent directors, and the Audit Committee will consist solely of independent directors.

Departure of Director 

On October 14, 2026, Mr. Young Hyun Kong, a director of the Board, tendered his resignation to the Board due to personal reasons, to take effect immediately. The resignation of Mr. Kong was not as a result of any disagreement with the Company on any matter relating to its operations, policies or practices.

Appointment of Independent Director and Member of Audit Committee

The Board appointed Mr. Hongtao Zhang as a new independent director of the Board and a member of the Board’s Audit Committee, effective November 4, 2026. The Board has determined that Mr. Zhang satisfies the independence requirements applicable to Audit Committee members under Rule 10A-3 under the U.S. Securities Exchange Act of 1934, as amended, as incorporated by Section 303A of the NYSE Listed Company Manual.

Mr. Zhang has served as the secretary-general of the Yabuli China Entrepreneurs Forum since 2004, with full-time responsibility for its day-to-day operations. Mr. Zhang has also served as an independent director of Fujian SBS Zipper Science & Technology Co., Ltd. since 2025, as a council member of the Taikang Culture and Art Foundation since 2024, and as a vice president and secretary-general of the Longshang Federation since 2022. Prior to joining the Yabuli China Entrepreneurs Forum, Mr. Zhang worked at Taikang Insurance Group from July 1998 to March 2004, including as an assistant to the chairman from 2001 to March 2004. Mr. Zhang received his bachelor’s degree from the School of Insurance at the University of International Business and Economics in 1998, and his master’s degree from the Economics and Management School of Wuhan University in 2004.

For investor and media inquiries, please contact ir@londianwason.com

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT 99.1 5.5 KB