HKPD overhauls leadership, names new CEO and CFO

Hong Kong Pharma Digital Technology Holdings Limited reported major leadership changes.

Rhea-AI Filing Summary

Hong Kong Pharma Digital Technology Holdings Limited reported major leadership changes. On October 6, 2025, the board accepted the immediate resignations of its Chief Executive Officer, Executive Director, and Chief Financial Officer, all citing personal reasons and no disagreements with the company or board. Earlier, on April 30, 2025, the Chief Operating Officer also resigned for personal reasons.

The board simultaneously rebuilt the senior team by appointing Chenyu Liang as Director and Chief Executive Officer, Shu Liu as Chief Financial Officer, and Zifeng Wang as Chief Strategy Officer, each with prior management and industry experience. They entered employment agreements providing annual base salaries of HKD100,000 for Mr. Liang and Ms. Liu and HKD70,000 for Mr. Wang.

Positive

• None.

Negative

• Concentrated leadership turnover: The immediate resignations of the Chief Executive Officer, Executive Director, Chief Financial Officer, and earlier the Chief Operating Officer indicate a complete reset of the senior management team within a short period.

Insights

Corporate governance and leadership transition analyst

HKPD undergoes rapid C‑suite turnover but installs a new leadership bench the same day.

The company reports the immediate resignations of its Chief Executive Officer, Executive Director, Chief Financial Officer, and earlier the Chief Operating Officer, all described as for personal reasons and not due to disagreements over operations, policies, or practices. This represents a broad reshaping of top management.

On the same date, the board appointed Chenyu Liang as Director and CEO, Shu Liu as CFO, and Zifeng Wang as Chief Strategy Officer, each with prior executive and industry experience, and formalized their roles via employment agreements with specified base salaries in Hong Kong dollars. The filing emphasizes continuity by detailing their backgrounds, while the overall impact will depend on how the new team executes the company’s strategic and financial objectives.

FAQ

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What leadership changes did Hong Kong Pharma Digital Technology Holdings (HKPD) disclose in this 6-K?

The company reported the immediate resignations of its Chief Executive Officer, Executive Director, Chief Financial Officer, and earlier its Chief Operating Officer. It simultaneously appointed Chenyu Liang as CEO and director, Shu Liu as CFO, and Zifeng Wang as Chief Strategy Officer, establishing a new senior leadership team.

Why did HKPD’s Chief Executive Officer and other executives resign, according to the filing?

The filing states that the CEO, Executive Director, CFO, and earlier the COO resigned for personal reasons. It specifically notes their departures were not due to any disagreement with the company or its board regarding operations, policies, or practices, framing the changes as personal rather than conflict-driven.

Who is the new CEO of Hong Kong Pharma Digital Technology Holdings (HKPD) and what is his background?

HKPD appointed Chenyu Liang as Director and Chief Executive Officer. From September 2023 to September 2025, he served as CEO of Jiangsu Miaodong Trading Group, overseeing multinational operations, supply chain management, and strategic planning. He holds a Bachelor of Laws degree from Dongbei University of Finance and Economics, obtained in 2023.

Who is the new CFO of HKPD and what experience does she bring?

The company named Shu Liu as Chief Financial Officer. She has experience in financial management, compliance, accounting, budgeting, internal controls, and financial systems, including roles as CEO of Shenzhen Yingdatongli Investment Group and Investment Advisor at Guosen Securities. She holds a master’s degree from Sun Yat-sen University and is an Intermediate Economist.

What role will Zifeng Wang play at HKPD and what is his prior experience?

HKPD appointed Zifeng Wang as Chief Strategy Officer. He has over 25 years of experience in enterprise management, investment operations, and property management, including biotechnology. He has held leadership positions such as Chairman and General Manager at Zhejiang Shengyan Biotechnology and Chairman at Hangzhou Jinqi Automobile, bringing cross-industry strategic experience.

What compensation did HKPD agree to pay its newly appointed executives?

Under employment agreements, HKPD will pay annual base salaries of HKD100,000 to CEO Chenyu Liang and CFO Shu Liu, and HKD70,000 to Chief Strategy Officer Zifeng Wang. These agreements also govern other terms of their service, with full texts filed as exhibits 99.1, 99.2, and 99.3.

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Accepted by SEC EDGAR 10/06/2025 - 06:47 PM Learn about SEC filing dates

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 October 2025

Commission File Number 001-42468

Hong Kong Pharma Digital Technology Holdings Limited

(Registrant’s Name)

Room B1, 5/F., Well Town Industrial Building,
13 Ko Fai Road, Yau Tong, Kowloon

Hong Kong

(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 ☐

INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

Resignation of Chief Executive Officer, Director, Chief Financial Officer and Chief Operating Officer

On October 6, 2025, the Board of Directors (the “Board”) of Hong Kong Pharma Digital Technology Holdings Limited (the “Company”) received and accepted the resignation of Mr. Wong Lap Sun (“Mr. Wong”) from his position as Chief Executive Officer, the resignation of Mr. Zhifang Zhang (“Mr. Zhang”) from his position as Executive Director, and the resignation of Mr. Kwok Man Bun (“Mr. Kwok”) from his position as Chief Financial Officer effective immediately. Each of Mr. Wong, Mr. Zhang and Mr. Kwok resigned for personal reasons and not due to any disagreement with the Company or the Board on any matter relating to the Company’s operations, policies, or practices.

Previously on April 30, 2025, the Board received and accepted the resignation of Ms. Yingying Li (“Ms. Li”) from her position as Chief Operating Officer, effective immediately. Ms. Li resigned for personal reasons and not due to any disagreement with the Company or the Board on any matter relating to the Company’s operations, policies, or practices.

Appointment of Chief Executive Officer, Chief Financial Officer and Chief Strategy Officer

Effective on October 6, 2025, the Board appointed Mr. Chenyu Liang (“Mr. Liang”) as Director and Chief Executive Officer, Ms. Shu Liu (“Ms. Liu”) as Chief Financial Officer and Mr. Zifeng Wang (“Mr. Wang”) as Chief Strategy Officer of the Company.

Mr. Liang’s experience spans several industries and includes both managing day-to-day business activities and directing long-term initiatives, including experience serving as a CEO. From September 2023 to September 2025, he held the position of Chief Executive Officer at Jiangsu Miaodong Trading Group, where he was responsible for multinational corporate operations, supply chain management, strategic planning, and organizational oversight. Mr. Liang received a Bachelor of Laws degree from Dongbei University of Finance and Economics in 2023. Mr. Liang will contribute to the Company’s overall management and support the execution of its strategic objectives.

Ms. Liu has rich experience in financial management and compliance, including key roles such as Chief Executive Officer, investment advisors and finance manager with responsibilities encompassing accounting, budgeting, internal controls, and the implementation of financial systems. From August 2024, she serves as Chief Executive Officer of Shenzhen Yingdatongli Investment Group Co., Ltd., where she was responsible for the company’s acquisition work. From August 2023 to August 2024, she held an Investment Advisor position at Guosen Securities Co., Ltd., where she was responsible for providing advice to investors. Ms. Liu received a Master’s degree from Sun Yat-sen University in 2019 and qualified as an Intermediate Economist. Ms. Liu will contribute to the Company’s financial operations and ongoing compliance initiatives.

Mr. Zifeng Wang has over 25 years of experience of enterprise management, investment operation and property management, including those in biotechnology sectors. He currently serves as the Chairman of the Board of Zhejiang Shengyan Biotechnology Co., Ltd from November 2024, where he previously served as the General Manager from November 2020 to October 2024. From January 2015 to October 2020, Mr. Wang served as Chairman of the Board of Hangzhou Jinqi Automobile Co., Ltd. He received a Master’s degree in management from Huazhong University of Science and Technology in 2009. With his core leadership roles in multiple companies, Mr. Wang will contribute to the Company’s overall business operation, strategic planning, and cross-industry resource integration.

The Company entered into employment agreements with Mr. Liang, Ms. Liu and Mr. Wang, respectively, which establish other terms and conditions governing their respective service to the Company. Mr. Liang, Ms. Liu and Mr. Wang will receive an annual base salary of HKD100,000, HKD100,000 and HKD70,000, respectively, for their services as the Chief Executive Officer, Chief Financial Officer, and Chief Strategy Officer.

Each of the employment agreements with Mr. Liang, Ms. Liu and Mr. Wang is qualified in its entirety by reference to the complete text of such employment agreement, which is filed hereto as Exhibit 99.1, 99.2 and 99.3, respectively.

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EXHIBIT INDEX

Exhibits Number		Description
99.1		Employment Agreement, dated October 6, 2025 by and between the Company and Chenyu Liang
99.2		Employment Agreement, dated October 6, 2025 by and between the Company and Shu Liu
99.3		Employment Agreement, dated October 6, 2025 by and between the Company and Zifeng Wang

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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: October 6, 2025

	Hong Kong Pharma Digital Technology Holdings Limited
	/s/ Liang Chenyu
	Name:	Liang Chenyu
	Title:	Director and Chief Executive Officer

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