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Youxin Technology (YAAS) refreshes board, names new audit and compensation chairs

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

Rhea-AI Filing Summary

Youxin Technology Ltd reported changes to its Board of Directors. Independent directors Mr. Richard Wee Yong Seow and Ms. Qing Gao resigned on February 2, 2026 due to personal reasons, and the company stated there were no disagreements with either director.

The Board appointed Mr. Chu Kam Hung and Mr. Yisu Fan as new independent directors effective February 3, 2026. Mr. Chu, an experienced investment professional in the new energy and materials sectors, was named chairman of the Compensation Committee and a member of the Nominating and Audit Committees. Mr. Fan, a finance and auditing specialist who qualifies as a financial expert under Rule 10A-3, became chairman of the Audit Committee and a member of the Compensation and Nominating Committees.

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Insights

Board refresh replaces two independent directors with experienced finance and investment professionals, keeping key committees staffed.

Youxin Technology Ltd is implementing a Board refresh, with two independent directors resigning for personal reasons and two new independent directors appointed the next day. The company explicitly notes there were no disagreements with the departing directors, which limits concern about boardroom conflict.

Mr. Chu brings nearly 15 years of investment and M&A experience in new energy and materials, aligning with strategic and capital markets needs. Mr. Fan contributes financial management and auditing skills and is designated the Audit Committee’s financial expert under Rule 10A-3, which supports compliance with U.S. listing standards.

Key Board committees remain fully staffed, with Mr. Chu chairing the Compensation Committee and Mr. Fan chairing the Audit Committee while both also serve on the Nominating Committee. Future disclosures in company filings may provide more detail on how their expertise is applied to strategy, financial oversight, and governance practices.

 

 

 

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

 

Commission File Number: 001-42442

 

YOUXIN TECHNOLOGY LTD

 

Room 1005, 1006, 1007, No. 122 Huangpu Avenue West,

Tianhe District, Guangzhou, Guangdong Province

People’s Republic of China

Tel: +86 13631357745

(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 ☐

 

 

 

 

 

 

Explanatory Note:

 

On February 2, 2026, Mr. Richard Wee Yong Seow and Ms. Qing Gao, each an independent director, submitted their resignations to the Board of Directors (the “Board”) due to personal reasons. There were no disagreements between the Company and each of Mr. Richard Wee Yong Seow and Ms. Qing Gao. The Board accepted the resignations and appointed Mr. Chu Kam Hung and Mr. Yisu Fan to fill the vacancies effective February 3, 2026.

 

Mr. Chu Kam Hung brings nearly 15 years of investment, M&A, and strategic leadership experience across the new energy and materials sectors. Mr. Chu currently serves as Senior Investment Manager at Jolywood (Suzhou) Sunwatt Co., Ltd. (SZSE: 300393). Previously, he was an Investment Manager in the Board Office of Shanghai Aiko Solar Energy Co., Ltd. (SHA: 600732). He holds a bachelor degree from the University of Toronto. The Company selected Mr. Chu for his deep expertise in cross-border investment, industry analysis, and capital market transactions, which will support the Company’s strategic growth and governance.

 

Mr. Chu Kam Hung was appointed as chairman of the Compensation Committee and as member of each of the Nominating Committee and of the Audit Committee.

 

Mr. Yisu Fan has over ten years of experience in financial management, auditing, and capital markets. Mr. Fan recently held the position of Financial Director at Jiangxi Zhonglian Equipment Manufacturing Co., Ltd., where he was responsible for establishing financial management systems and overseeing daily operations. Mr. Fan holds a bachelor degree in Economics from the University of Delaware and possesses a Board Secretary Qualification Certificate issued by the Shenzhen Stock Exchange. The Company believes his expertise in financial reporting, internal controls, IPO processes, and corporate governance makes him a valuable addition to the Board of Directors.

 

Mr. Yisu Fan was appointed as chairman of the Audit Committee and qualifies as a financial expert as defined by Rule 10A-3 of the Securities and Exchange Act of 1934. He has been appointed as member of each of the Compensation Committee and Nominating Committee.

 

There are no family relationships between each of Mr. Chu Kam Hung and Mr. Yisu Fan, and any other employees or members of the Board of the Company.

 

 

 

 

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.

 

  Youxin Technology Ltd
     
Date: February 6, 2026 By: /s/ Shaozhang Lin
  Name: Mr. Shaozhang Lin
  Title: Chief Executive Officer

 

 

 

 

FAQ

What board changes did Youxin Technology Ltd (YAAS) announce in this 6-K?

Youxin Technology Ltd reported that independent directors Richard Wee Yong Seow and Qing Gao resigned for personal reasons, with no disagreements. The Board simultaneously appointed two new independent directors, Chu Kam Hung and Yisu Fan, effective February 3, 2026, to fill the resulting vacancies and maintain committee coverage.

Why did Youxin Technology Ltd directors Richard Wee Yong Seow and Qing Gao resign?

The company stated that independent directors Richard Wee Yong Seow and Qing Gao submitted resignations to the Board on February 2, 2026 due to personal reasons. It also emphasized there were no disagreements between the company and either director, suggesting the departures were not driven by boardroom or strategic conflicts.

Who are the new independent directors at Youxin Technology Ltd (YAAS) and what are their backgrounds?

The Board appointed Mr. Chu Kam Hung and Mr. Yisu Fan as new independent directors effective February 3, 2026. Mr. Chu has nearly 15 years’ experience in investment and M&A in new energy and materials, while Mr. Fan has over ten years in financial management, auditing, capital markets, and holds a Shenzhen Stock Exchange Board Secretary Qualification.

What committee roles will Mr. Chu Kam Hung hold at Youxin Technology Ltd?

Mr. Chu Kam Hung was appointed chairman of the Compensation Committee and member of both the Nominating Committee and Audit Committee. The company highlighted his cross-border investment, industry analysis, and capital markets experience as reasons for his selection, aiming to support strategic growth and governance oversight at the board level.

What are Mr. Yisu Fan’s responsibilities on Youxin Technology Ltd’s board committees?

Mr. Yisu Fan was named chairman of the Audit Committee and will also serve on the Compensation and Nominating Committees. The company stated he qualifies as a financial expert under Rule 10A-3, and cited his experience in financial reporting, internal controls, IPO processes, and corporate governance as valuable for board oversight.

Did Youxin Technology Ltd report any family relationships involving the new directors?

The company stated there are no family relationships between each of the new independent directors, Mr. Chu Kam Hung and Mr. Yisu Fan, and any other employees or members of the Board. This disclosure supports their independence by confirming the absence of family ties that could affect board decision-making or oversight objectivity.
Youxin Technology Ltd

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