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Bin Zhou joins Maxeon Solar (MAXN) board as TZE-appointed director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Maxeon Solar Technologies reported a change in its Board of Directors. On September 30, 2025, the Board appointed Bin Zhou as a non-executive director, replacing Wang Yanjun, whose resignation became effective the same day. Mr. Zhou is a designee of Zhonghuan Singapore Investment and Development Pte. Ltd. (TZE), Maxeon’s controlling shareholder, under a shareholders agreement first signed in August 2020 and amended in June 2024.

Following this change, Mr. Zhou has also joined Maxeon’s Compensation Committee and Strategy & Transformation Committee. He brings more than 17 years of experience in strategy, investments, and capital markets, including senior roles at TZE, Tencent, UnionPay International, Fosun International, and J.P. Morgan, and holds business degrees from universities in Shanghai and Singapore. The report is also incorporated by reference into several of Maxeon’s existing F-3 and S-8 registration statements.

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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

of the Securities Exchange Act of 1934

 

Date of Report: September 2025

 

Commission File Number: 001-39368

 

 

MAXEON SOLAR TECHNOLOGIES, LTD.

(Exact Name of registrant as specified in its charter)

 

 

38 Beach Road #23-11

South Beach Tower

Singapore 189767

(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 ☐

 

 

 


 

Introductory Note

 

 

Appointment and Resignation of Directors

 

On September 30, 2025, the Board of Directors (the “Board”) of Maxeon Solar Technologies, Ltd (the “Company”) appointed Mr. Bin Zhou to serve as a non-executive director of the Company. Mr. Zhou is a designee of Zhonghuan Singapore Investment and Development Pte. Ltd. (“TZE”), the Company’s controlling shareholder, pursuant to the Shareholders Agreement dated August 26, 2020, as amended and supplemented on June 20, 2024. Mr. Zhou replaces Mr. Wang Yanjun, whose resignation as a director was effective September 30, 2025. Following the resignation of Mr. Wang Yanjun, Mr. Zhou has also been appointed as a member of the Company’s Compensation Committee and Strategy & Transformation Committee.

 

Mr. Zhou is a seasoned financial and management executive with over 17 years of experience leading strategic growth initiatives for multinational corporations. Since June 2023, he has served as Head of Strategy and Investment at TZE, with responsibility for TZE’s overall corporate development, mergers & acquisitions, and market intelligence. Prior to joining TZE, he played a key role in driving expansion into ASEAN countries for leading payment companies such as Tencent, where from October 2021 to May 2023, he was Regional Director, Strategy & Development based in Singapore, and UnionPay International, where between May 2019 and October 2021, he was Regional Business Development Manager based in Singapore.

 

Earlier in his career, Mr. Zhou built a strong track record in capital markets on both the buy-side and sell-side, closing significant transactions as senior investment director for Fosun International (HK listed conglomerates) and J.P. Morgan (Global Investment Bank). His expertise spans financial analysis, strategic planning, M&A execution, and investment strategy.

 

Mr. Zhou holds a Bachelor of Business Administration from the Shanghai University of International Business and Economics and an Executive MBA from the National University of Singapore.

 

 

Incorporation by Reference

 

The information contained in this report is hereby incorporated by reference into the Company’s registration statements on Form F-3 (File No. 333-248564), Form F-3 (File No. 333-265253), Form F-3 (File No. 333-268309), Form S-8 (File No. 333-277501), Form S-8 (File No. 333-241709) and Form S-8 (File No. 333-283187), each filed with the Securities and Exchange Commission.

 

 

 


 

 

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MAXEON SOLAR TECHNOLOGIES, LTD.
(Registrant)

 

 

 

 

September 30, 2025

 

 

 

By:

 

/s/ Dmitri Hu

 

 

 

 

 

 

Dmitri Hu

 

 

 

 

 

 

Chief Financial Officer

 


FAQ

What board change did Maxeon Solar Technologies (MAXN) disclose in this 6-K?

Maxeon Solar Technologies disclosed that Bin Zhou was appointed as a non-executive director on September 30, 2025, replacing Wang Yanjun, whose resignation as a director became effective the same day.

Who is Bin Zhou, the new non-executive director at Maxeon Solar Technologies (MAXN)?

Bin Zhou is a seasoned financial and management executive with over 17 years of experience in strategy, investments, and capital markets. He is Head of Strategy and Investment at TZE and has held senior roles at Tencent, UnionPay International, Fosun International, and J.P. Morgan. He holds a Bachelor of Business Administration from the Shanghai University of International Business and Economics and an Executive MBA from the National University of Singapore.

How is Zhonghuan Singapore Investment and Development Pte. Ltd. (TZE) involved in this board appointment at MAXN?

Bin Zhou was appointed as a director as a designee of TZE, Maxeon’s controlling shareholder. His appointment is made pursuant to a Shareholders Agreement dated August 26, 2020, which was amended and supplemented on June 20, 2024.

What board committees will Bin Zhou serve on at Maxeon Solar Technologies (MAXN)?

Following the resignation of Wang Yanjun, Bin Zhou has been appointed as a member of Maxeon’s Compensation Committee and its Strategy & Transformation Committee.

Does this 6-K for Maxeon Solar Technologies (MAXN) affect any of its existing registration statements?

Yes. The information in this report is incorporated by reference into Maxeon’s registration statements on Form F-3 (File Nos. 333-248564, 333-265253, 333-268309) and Form S-8 (File Nos. 333-277501, 333-241709, 333-283187) filed with the SEC.

What type of filing is this and what does it generally signify for MAXN investors?

This is a Form 6-K submitted by a foreign private issuer to provide an update on a corporate governance change, specifically a board appointment and resignation. It offers transparency about who is serving on the Board and key committees but does not itself disclose new financial results.

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