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Albina Iljasov joins XCharge (Nasdaq: XCH) as new Co-CEO

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

Rhea-AI Filing Summary

XCHG Limited, which operates as XCharge, has appointed Albina Iljasov as Co-Chief Executive Officer effective June 1, 2026. She will serve alongside existing Co-CEO Yifei Hou.

Iljasov will primarily oversee European operations and related strategic initiatives, and lead the company’s information security and cybersecurity efforts. The Board views the Co-CEO structure as a way to support XCharge’s global expansion and strengthen operational execution, particularly in Europe where Iljasov has led growth since 2021.

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Form type Form 6-K Report of foreign private issuer
Effective date of Co-CEO appointment June 1, 2026 Albina Iljasov named Co-Chief Executive Officer
Co-Chief Executive Officer financial
"XCharge Appoints Albina Iljasov as Co-Chief Executive Officer"
foreign private issuer regulatory
"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO 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.
information security and cybersecurity technical
"primary responsibility for the Company’s ongoing efforts in information security and cybersecurity initiatives"
safe harbor regulatory
"This press release contains forward-looking statements. Such statements are made pursuant to the “safe harbor” provisions"
Safe harbor is a rule that protects companies or individuals from legal trouble if they follow certain guidelines or procedures. It’s like having a safety net that allows them to act without fear of punishment, as long as they stick to the rules. This helps encourage honest behavior and clear standards in financial and legal activities.
forward-looking statements regulatory
"This press release contains forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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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 June 2026

Commission file number: 001-42208

XCHG Limited

(Exact Name of Registrant as Specified in Its Charter)

XCharge Europe GmbH, Heselstücken 18,

22453 Hamburg, Germany

XCharge Energy USA Inc, 19121 Marketplace Avenue,

Building 2-Suite 2-145, Kyle, TX 78640, United States

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F Form 40-F

 


 

 

The information contained in this Report on Form 6-K, including Exhibit 99.1 hereto, is hereby incorporated by reference into the Company’s registration statement on Form F-3 (File No. 333-292266).

 

 

 

 

 

EXHIBIT INDEX

Exhibit No. Description

 

99.1 Press Release

 

 


 

SIGNATURE

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.

XCHG Limited

Date: June 1, 2026

By:

/s/ Yifei Hou

Name: Yifei Hou

Title: Co-Chief Executive Officer

 

 


Exhibit 99.1

 

XCharge Appoints Albina Iljasov as Co-Chief Executive Officer
 

HAMBURG, Germany & AUSTIN, Texas, June 1, 2026 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”) (Nasdaq: XCH), an integrated EV charging and energy solutions company, today announced the appointment of Ms. Albina Iljasov as Co-Chief Executive Officer of the Company, effective June 1, 2026.

 

Ms. Iljasov will serve alongside Mr. Yifei Hou, who continues in his role as Co-Chief Executive Officer. In her new role, Ms. Iljasov will primarily oversee the Company’s European operations and related strategic initiatives, while also having primary responsibility for the Company’s ongoing efforts in information security and cybersecurity initiatives.

 

The appointment reflects the Company’s continued global expansion and the Board of Directors’ belief that a Co-Chief Executive Officer structure will further strengthen the Company’s operational execution and international growth.

 

Ms. Iljasov has served as Head of Europe since September 2021, where she has been responsible for the Company’s business operations and growth across the European market. Prior to that, she served as Head of Sales and Business Development for Europe. Before joining XCharge, Ms. Iljasov held positions at EVBox and E.ON Drive, focusing on business development and regional sales initiatives in Europe.

 

“Albina has been instrumental in building and scaling our European footprint,” said Mr. Yifei Hou, Co-Chief Executive Officer of XCharge. “As we further bolster our information security and cybersecurity frameworks, Albina’s proven leadership acumen, deep industry expertise, and nuanced understanding of the European market position her uniquely to advance these critical priorities, while accelerating our broader international expansion and long-term growth agenda.”

 

“I am honored to take on this expanded role and look forward to elevating the Company’s information security and cybersecurity capabilities, while continuing to advance XCharge’s global expansion and long-term growth,” said Ms. Iljasov.

 

 

 

About XCharge

XCharge (Nasdaq: XCH) is a global supplier of high-performance electric vehicle charging solutions and energy storage solutions. The Company has headquarters in Hamburg and Austin, working with a globally networked team to drive innovation in the field of energy and help its customers achieve long-term success.

 

 

Safe Harbor Statement

This press release contains forward-looking statements. Such statements are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about XCHG Limited's beliefs and expectations,


are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “objective,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in XCHG Limited’s filings with the United States Securities and Exchange Commission.

 

All information provided in this press release is as of the date of this press release, and XCHG Limited does not undertake any duty to update such information, except as required under applicable law.

 

For investor and media inquiries, please contact:

 

XCharge

IR Department

Email: ir@xcharge.com

 


FAQ

What executive change did XCHG Limited (XCH) announce in this Form 6-K?

XCHG Limited appointed Albina Iljasov as Co-Chief Executive Officer, effective June 1, 2026. She will share leadership with existing Co-CEO Yifei Hou, reflecting the company’s focus on strengthening management as it expands its global EV charging and energy solutions business.

What will Albina Iljasov oversee as Co-CEO of XCHG Limited (XCH)?

Albina Iljasov will primarily oversee XCharge’s European operations and related strategic initiatives. She will also have primary responsibility for the company’s information security and cybersecurity efforts, supporting both regional growth and the protection of XCharge’s technology and customer infrastructure.

What experience does Albina Iljasov bring to XCHG Limited (XCH)?

Albina Iljasov has served as XCharge’s Head of Europe since September 2021, leading operations and growth in the region. Previously, she was Head of Sales and Business Development for Europe and held roles at EVBox and E.ON Drive focused on business development and regional sales.

Why did XCHG Limited (XCH) adopt a Co-Chief Executive Officer structure?

The Board believes a Co-Chief Executive Officer structure will further strengthen XCharge’s operational execution and international growth. By pairing Albina Iljasov’s European and cybersecurity focus with Yifei Hou’s ongoing leadership, the company aims to support its continued global expansion in EV charging and energy solutions.

What does XCHG Limited (XCH) do in the EV charging market?

XCHG Limited, operating as XCharge, is a global supplier of high-performance electric vehicle charging and energy storage solutions. With headquarters in Hamburg and Austin, it works through a globally networked team to drive innovation in energy and support customers’ long-term success.

What forward-looking statement caution did XCHG Limited (XCH) include?

XCHG Limited noted that its press release contains forward-looking statements subject to risks and uncertainties. It referenced risk factors described in its SEC filings and stated that information is provided as of the press release date, without obligation to update except as required by applicable law.

Filing Exhibits & Attachments

1 document