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