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Paranovus (PAVS) boosts chairwoman Minzhu Xu’s annual cash pay to $290k

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Form Type
6-K

Rhea-AI Filing Summary

Paranovus Entertainment Technology Limited reported a major increase in compensation for its chairwoman of the board, Ms. Minzhu Xu. Effective February 15, 2026, her annual cash compensation rose from $50,000 to $290,000, reflecting the company’s expanded operations and her greater strategic responsibilities and oversight.

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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 February 2026

 

PARANOVUS ENTERTAINMENT TECHNOLOGY LIMITED

(Exact name of registrant as specified in its charter)

 

250 Park Avenue

7th Floor

New York, NY 10177

(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 ☐

 

 

 

 

Compensation Adjustment of the Chairwoman of the Board

 

On February 14, 2026, compensation committee of the board of directors (the “Board”) the Paranovus Entertainment Technology Limited (the “Company”) recommended the Board to approve, and the Board approved on the same date, an adjustment to Ms. Minzhu Xu’s compensation for her services as the chairwoman of the board of the Company, given the increased scale and complexity of the Company’s operation and Ms. Xu’s expanded responsibilities and increased involvement in the strategic direction and oversight of the Company.

 

As a result, effective on February 15, 2026, Ms. Xu’s annual compensation was increased from $50,000 in cash to $290,000 in cash, to be paid in periodic installments in accordance with the Company’s regular payroll practices.

 

 
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SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

Paranovus Entertainment Technology Limited

 

 

 

 

 

Date: February 20, 2026

By:

/s/ Xiaoyue Zhang

 

 

Name: 

Xiaoyue Zhang

 

 

Title:

Chief Executive Officer

 

 

 
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FAQ

What compensation change did Paranovus (PAVS) approve for its chairwoman?

Paranovus increased chairwoman Minzhu Xu’s annual cash compensation to $290,000 from $50,000. The change reflects the company’s increased operational scale and Ms. Xu’s expanded responsibilities and strategic oversight role, as approved by the board following a compensation committee recommendation.

When does the new $290,000 compensation for Paranovus chairwoman Xu take effect?

The new annual cash compensation of $290,000 for chairwoman Minzhu Xu became effective on February 15, 2026. Payments will be made in periodic installments consistent with Paranovus Entertainment Technology Limited’s regular payroll practices for its senior leadership.

Who approved the chairwoman’s compensation increase at Paranovus (PAVS)?

The compensation committee of the board recommended the increase, and the full board of Paranovus Entertainment Technology Limited approved it on February 14, 2026. This formal board action established the new annual cash compensation level for chairwoman Minzhu Xu.

How much did Paranovus (PAVS) raise the chairwoman’s annual cash pay?

Paranovus raised chairwoman Minzhu Xu’s annual cash compensation by $240,000, from $50,000 to $290,000. The company cited increased scale and complexity of operations and her expanded strategic responsibilities as the reasons for this significant adjustment.

How will Paranovus (PAVS) pay the revised compensation to its chairwoman?

The $290,000 annual compensation for chairwoman Minzhu Xu will be paid in cash through periodic installments. These payments will follow Paranovus Entertainment Technology Limited’s regular payroll practices, aligning her compensation schedule with the company’s standard approach.
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