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NFT Limited (MI) reappoints former CFO Yaobin Wang with $60,000 salary

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

Rhea-AI Filing Summary

NFT Limited reports a change in its finance leadership. On May 7, 2026, Jianguang Qian resigned as chief financial officer for personal reasons, with no disagreements over accounting, operations, policies, or practices. On May 12, 2026, the board appointed Yaobin Wang as CFO to fill the vacancy.

Under an employment agreement dated May 12, 2026, Mr. Wang will receive an annual salary of $60,000. He previously served as NFT Limited’s CFO from July 10, 2023 to August 15, 2024 and has extensive finance and audit experience at multiple companies and Ernst & Young. The company states there are no family relationships or appointment arrangements involving Mr. Wang.

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Insights

NFT Limited rotates CFOs, rehiring a familiar executive on modest terms.

NFT Limited replaces its departing CFO, Jianguang Qian, with former CFO Yaobin Wang, limiting disruption by choosing someone already familiar with the company. The filing explicitly notes Mr. Qian left for personal reasons and without disagreements on accounting or operations.

Mr. Wang’s annual salary of $60,000 is relatively low for a public-company CFO, suggesting a lean cost structure or potentially part-time/regionally benchmarked compensation. His prior CFO tenure and long finance career, including at Ernst & Young, support continuity in financial oversight despite the leadership change.

CFO annual salary $60,000 Compensation for Yaobin Wang as chief financial officer under Employment Agreement dated May 12, 2026
Effective CFO resignation date May 7, 2026 Date Jianguang Qian resigned as chief financial officer
CFO appointment date May 12, 2026 Date board appointed Yaobin Wang as chief financial officer
Prior CFO tenure start July 10, 2023 Start of Yaobin Wang’s earlier service as NFT Limited CFO
Prior CFO tenure end August 15, 2024 End of Yaobin Wang’s earlier service as NFT Limited CFO
Bachelor’s degree year 2008 Year Yaobin Wang received his bachelor’s degree from Shanghai Jiao Tong University
Employment Agreement financial
"the Company entered into an employment letter with Mr. Yaobin Wang dated May 12, 2026 (the “Employment Agreement”)"
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.
Form 20-F regulatory
"whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F."
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
chief financial officer financial
"the Board appointed Mr. Yaobin Wang as the Company’s chief financial officer"
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
certified public accountant financial
"Mr. Wang is a certified public accountant in China (CICPA) and the United States (AICPA)."
A certified public accountant (CPA) is a licensed accounting professional who has passed rigorous exams and met education and experience requirements to prepare, review, and officially certify financial statements and tax filings. For investors, a CPA's involvement is like a neutral referee confirming that a company's reported numbers are accurate and follow accounting rules, which improves trust in financial reports and lowers the risk of unexpected errors or misleading information.

 

 

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 May 2026

 

Commission File Number: 333-268865

 

NFT Limited

(Translation of registrant’s name into English)

 

Office Q 11th Floor, Kings Wing Plaza 2,

No.1 Kwan Street, Sha Tin, New Territories

Hong Kong
Tel: +86-13061634962

(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 ☐

 

 

 

 

 

 

Appointment of Certain Director and Officer

 

As previously disclosed, effective on May 7, 2026, Mr. Jianguang Qian resigned from his positions as the chief financial officer of NFT Limited (the “Company”). Mr. Qian’s resignation was for personal reasons and was not the result of any disagreement with the Company on any matter relating to the Company’s accounting, operations, policies or practices.

 

On May 12, 2026, the Board appointed Mr. Yaobin Wang as the Company’s chief financial officer (“the CFO Appointment”) to fill the vacancy created by Mr. Jianguang Qian’s resignation.

 

In connection with the CFO Appointment, the Company entered into an employment letter with Mr. Yaobin Wang dated May 12, 2026 (the “Employment Agreement”), pursuant to which Mr. Yaobin Wang will receive an annual salary of $60,000 for his services as the Company’s chief financial officer.

 

Mr. Yaobin Wang previously served as the CFO of NFT Limited from July 10, 2023, to August 15, 2024. Since February 2022, Mr. Wang has served as Finance Director of Aiduo Nursing (Zhejiang) Co., Ltd. From December 2019 to December 2021, Mr. Wang served as Vice President of Shanghai Xingrong Auto Technology Co., Ltd. From August 2018 to December 2019, Mr. Wang served as Finance Director and Operation Data Director of Lvmama.com. From June 2017 to July 2018, Mr. Wang served as Director and CFO of SunMoon Food Company Limited (SGX: AAJ) and concurrently as Investment Director of Yiguo Group. From April 2015 to June 2017, Mr. Wang served as Finance Director of Yiguo Group. From September 2014 to March 2015, Mr. Wang served as Finance Director of Ymatou.com. From August 2013 to September 2014, Mr. Wang served as Senior Finance Manager of Baidu 91 Wireless Network Technology Co., Ltd. From September 2008 to July 2013, Mr. Wang served as Senior Auditor at Ernst & Young Hua Ming LLP, Shanghai. Mr. Wang has been pursuing a Finance MBA (FMBA) at China Europe International Business School (CEIBS) since September 2019. Mr. Wang received his bachelor’s degree in International Trade & Economy from Shanghai Jiao Tong University in 2008. Mr. Wang is a certified public accountant in China (CICPA) and the United States (AICPA).

 

There are no family relationships among Mr. Yaobin Wang, and any of our other officers and directors. There are no understandings or arrangements between the incoming directors and officers and any other person pursuant to which they were appointed as officers and directors.

  

The foregoing description of the Employment Agreement is a general description only, does not purport to be complete, and is qualified in its entirety by reference to the terms of the form of employment agreement furnished hereto as Exhibit 4.1 and is incorporated herein by reference.

 

Exhibits

 

Exhibit No.   Description
4.1     Employment Agreement by and between the Company and Yaobin Wang dated May 12, 2026

 

1

 

 

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.

 

Dated: May 12, 2026

 

  NFT LIMITED
     
  By: /s/ Yanying Wang
  Name: Yanying Wang
  Title: Chief Executive Officer

 

2

 

 

 

Filing Exhibits & Attachments

1 document