Yang Yu becomes CEO as Wah Fu Education Group (NASDAQ: WAFU) reshapes board

Rhea-AI Filing Summary

Wah Fu Education Group Ltd. reported leadership changes approved by its board of directors. On May 19, 2026, the board accepted the resignation of Xinghui Yang as Chief Executive Officer and as a director, effective immediately. On the same date, the board appointed Yang Yu, the current Chairman and Executive Director, as the new Chief Executive Officer, also effective immediately. The board additionally appointed Xiaoming Tang as a new director. Mr. Tang, age 51, has executive experience in investment management and media companies and holds a B.S. in National Economic Planning from Renmin University of China and an M.B.A. from the University of Chicago.

Insights

Corporate governance analyst

Wah Fu announces an immediate CEO transition while keeping board leadership continuity.

The company’s board accepted the resignation of former CEO and director Xinghui Yang and elevated existing Chairman and Executive Director Yang Yu to Chief Executive Officer, all effective on May 19, 2026. This maintains leadership continuity at the board level while changing the top management role.

The appointment of Xiaoming Tang as a director adds a profile with prior CEO and executive director experience in investment management and media. The filing does not state reasons for the leadership change or any related strategic shift, so the development is best viewed as a structural governance update based on the available information.

Key Figures

Effective date of leadership changes: May 19, 2026 Age of new director: 51 years Tang current role start date: March 2016 +2 more

5 metrics

Effective date of leadership changes May 19, 2026 Date board accepted resignation and made new appointments

Age of new director 51 years Age of director Xiaoming Tang as disclosed

Tang current role start date March 2016 Executive Director at Hubei Weizi Investment Management Co., Ltd.

Tang prior role period August 2011 to February 2016 Executive Director at China Cultural Industry Investment Fund Management Co., Ltd.

Tang CEO tenure period August 2009 to July 2011 Chief Executive Officer of China Vision Golden Bridge International Media Group Co., Ltd.

Key Terms

Report of Foreign Private Issuer, Chief Executive Officer, board of directors, Executive Director, +1 more

5 terms

Report of Foreign Private Issuer regulatory

"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"

A report of a foreign private issuer is a formal filing that a non‑U.S. company makes to U.S. regulators to share important business, financial, or governance information with American investors. Think of it as a regular update or press packet that keeps investors informed about events that could change a company’s value—like earnings, management changes, contracts, or regulatory developments—so investors can make timely, informed decisions.

Chief Executive Officer financial

"accepted the resignation of Mr. Xinghui Yang as Chief Executive Officer"

A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.

board of directors financial

"On May 19, 2026, the board of directors (the “Board”) of Wah Fu Education Group Ltd."

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

Executive Director financial

"the current Chairman of the Board and Executive Director of the Company"

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.

director financial

"appointed Mr. Xiaoming Tang as a director of the Company, effective immediately"

Form 6-K: How Foreign Companies Report to the SEC →

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 001-38619

Wah Fu Education Group Ltd.

(Translation of registrant’s name into English)

L207b, Hesheng Fortune Plaza, No.13 Deshengmenwai Street

Xicheng District

Beijing, China 100088

(Address of principal executive offices)

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 ☐

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 

On May 19, 2026, the board of directors (the “Board”) of Wah Fu Education Group Ltd. (the “Company”) accepted the resignation of Mr. Xinghui Yang as Chief Executive Officer and as a director of the Company, effective immediately.

On the same date, the Board appointed Mr. Yang Yu, the current Chairman of the Board and Executive Director of the Company, as Chief Executive Officer of the Company, effective immediately.

Also on the same date, the Board appointed Mr. Xiaoming Tang as a director of the Company, effective immediately.

Mr. Tang’s biography is as follows:

Mr. Tang, age 51, has been serving as Executive Director of Hubei Weizi Investment Management Co., Ltd. since March 2016. From August 2011 to February 2016, Mr. Tang served as Executive Director of China Cultural Industry Investment Fund Management Co., Ltd. From August 2009 to July 2011, he served as Chief Executive Officer of China Vision Golden Bridge International Media Group Co., Ltd. Mr. Tang received a B.S. in National Economic Planning from Renmin University of China and an M.B.A. from the University of Chicago.

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.

Date: May 21, 2026	Wah Fu Education Group Ltd.
	By:	/s/ Yang Yu
		Yang Yu
		Chief Executive Officer, Chairman of the Board

2

FAQ

What leadership changes did Wah Fu Education Group (WAFU) announce in this 6-K?

Wah Fu Education Group’s board accepted the resignation of CEO and director Xinghui Yang on May 19, 2026, and appointed Chairman Yang Yu as the new Chief Executive Officer. The board also added Xiaoming Tang as a director, with all changes effective immediately.

Who is the new CEO of Wah Fu Education Group (WAFU)?

Yang Yu has been appointed Chief Executive Officer of Wah Fu Education Group, effective May 19, 2026. He already serves as Chairman of the Board and Executive Director, so he now holds both the top management role and the chair position concurrently.

Which executive resigned from Wah Fu Education Group (WAFU) and from what roles?

Xinghui Yang resigned as Chief Executive Officer and as a director of Wah Fu Education Group, effective immediately on May 19, 2026. The board of directors formally accepted his resignation on that date according to the company’s reported disclosure.

Who is the new director appointed to Wah Fu Education Group’s board?

The board appointed Xiaoming Tang as a director of Wah Fu Education Group, effective May 19, 2026. Tang, age 51, has held executive roles in investment management and media companies and holds degrees from Renmin University of China and the University of Chicago.

What is the professional background of Wah Fu Education Group director Xiaoming Tang?

Xiaoming Tang has served as Executive Director of Hubei Weizi Investment Management Co., Ltd. since March 2016 and previously held senior roles at China Cultural Industry Investment Fund Management and China Vision Golden Bridge International Media Group. He holds an M.B.A. from the University of Chicago.