Grande Group (GRAN) names Sha Xia director with HK$180,000 annual pay
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Grande Group Limited reported a board change. After the earlier resignation of executive director Mr. Ying Wo Sammy Ho for personal reasons, the board appointed Ms. Sha Xia, age 30, as a director effective July 1, 2026 to fill the vacancy.
The company entered into an Employment Agreement with Ms. Xia, under which she will receive an annual salary of HK$180,000 (approximately US$23,077) for her service as director. The filing notes there is no disagreement with the company tied to Mr. Ho’s resignation and no family relationships between Ms. Xia and existing officers or directors.
Positive
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Negative
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Key Figures
Director age: 30 years
Director annual salary: HK$180,000
Director salary (USD equivalent): US$23,077
+2 more
5 metrics
Director age
30 years
Age of new director Sha Xia
Director annual salary
HK$180,000
Annual salary under Employment Agreement for director role
Director salary (USD equivalent)
US$23,077
Approximate annual salary equivalent for director role
Director appointment date
July 1, 2026
Effective date of Sha Xia’s appointment to the board
Resignation reference date
April 15, 2026
Previously disclosed resignation date of executive director Ying Wo Sammy Ho
Key Terms
Form 6-K, foreign private issuer, Employment Agreement, executive director, +1 more
5 terms
Form 6-K regulatory
"Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT RULE 13a-16"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
foreign private issuer regulatory
"Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
Employment Agreement financial
"the Company entered into an employment agreement with Ms. Sha, XIA dated July 1, 2026 (the “Employment Agreement”)"
executive director financial
"resigned from his positions as the executive director of Grande Group Limited"
An executive director is a senior leader who both sits on a company’s board and runs day-to-day operations or a major business unit, acting like the bridge between oversight and execution. Investors watch this role because the person sets strategy, makes key resource and hiring decisions, and is accountable for performance—similar to a ship’s captain who also helps steer the fleet.
Board financial
"On July 1, 2026, the Board appointed Ms. Sha, XIA as the Company’s Director"
A board is a group of elected people who oversee a company’s direction and management, like a steering committee that hires and evaluates the CEO, approves major deals, and sets broad policies. Investors care because the board’s decisions and oversight shape strategy, risk, dividend and takeover decisions, and legal protections for shareholders—so a strong, independent board can increase the chances of steady returns and protect against mismanagement.
FAQ
What board change did Grande Group Limited (GRAN) report in this Form 6-K?
Grande Group Limited reported appointing Ms. Sha Xia as a director, effective July 1, 2026, to fill the vacancy created by the earlier resignation of executive director Mr. Ying Wo Sammy Ho for personal reasons.
Why did Mr. Ying Wo Sammy Ho resign from Grande Group Limited (GRAN)?
Mr. Ying Wo Sammy Ho resigned from his executive director role for personal reasons. The company states his resignation was not due to any disagreement with Grande Group Limited or its board, indicating no reported governance dispute linked to his departure.
What compensation will new director Sha Xia receive at Grande Group Limited (GRAN)?
Under her Employment Agreement, director Sha Xia will receive an annual salary of HK$180,000, approximately US$23,077. This payment is for her services as a director of Grande Group Limited, reflecting compensation for board responsibilities and oversight duties.
What is the professional background of Grande Group Limited’s (GRAN) new director Sha Xia?
Sha Xia has experience in executive education and finance. She managed curriculum and investment research at Shenzhen 4Reasons Corporate Education & Training and co-founded Beijing Gushan Yiju Culture Media, overseeing finance, strategy, budgeting, and business development in media and entertainment.
Does director Sha Xia have family relationships with other Grande Group Limited (GRAN) leaders?
The company states there are no family relationships between director Sha Xia and any of Grande Group Limited’s other officers or directors. This indicates her appointment is independent of family ties within the existing leadership team.
What education does Grande Group Limited (GRAN) director Sha Xia have?
Sha Xia is a Master of Science candidate in Wealth Management at The Hong Kong Polytechnic University. She also holds a Bachelor of Science (Honours) in Software Engineering from Asia Pacific University of Technology & Innovation and Staffordshire University, combining finance and technology training.