Board change at YSX TECH (NASDAQ: YSXT) as Hua Wang becomes director
Rhea-AI Filing Summary
YSX TECH. CO., LTD reported a board change involving the resignation of one director and the appointment of another. On May 1, 2026, Mr. Haozhao Lin notified the company of his resignation as a director, citing personal reasons and confirming it was not due to any disagreement over operations, policies, or practices. His resignation became effective on May 6, 2026.
To fill the vacancy, the board appointed Ms. Hua Wang as a director, effective May 8, 2026, and determined that she qualifies as an independent director. The filing outlines her career in insurance, finance and management roles since 2004 and notes she has no family relationships or special arrangements with existing directors or officers.
Positive
- None.
Negative
- None.
Key Figures
Resignation notice date: May 1, 2026
Resignation effective date: May 6, 2026
Appointment effective date: May 8, 2026
+3 more
6 metrics
Resignation notice date
May 1, 2026
Date Mr. Haozhao Lin notified the company of his resignation
Resignation effective date
May 6, 2026
Effective date of Mr. Lin’s resignation as director
Appointment effective date
May 8, 2026
Date Ms. Hua Wang’s appointment as director became effective
Ms. Hua Wang age
43 years
Age of newly appointed director at time of filing
Current GM role start
January 2023
Start of Ms. Wang’s role as General Manager at Yangzhou Yuchen Seven Information Consulting Co., Ltd.
Associate degree date
June 2004
Date Ms. Wang received her Associate degree from Yangzhou Polytechnic University
Key Terms
foreign private issuer, independent director, board of directors, Securities Exchange Act of 1934, +1 more
5 terms
foreign private issuer regulatory
"FORM 6-K 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.
independent director financial
"The Board has determined that Ms. Wang qualifies as an independent director of the Company."
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
board of directors financial
"the board of directors (the “Board”) of the Company appointed, Ms. Hua Wang"
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.
Securities Exchange Act of 1934 regulatory
"Pursuant to the requirements of the Securities Exchange Act of 1934"
Form 20-F regulatory
"whether the registrant files or will file annual reports under cover of Form 20-F"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
FAQ
Why did Mr. Haozhao Lin resign from YSXT and when was it effective?
Mr. Haozhao Lin resigned as a director of YSX TECH. CO., LTD for personal reasons. The company states his resignation was not due to any disagreement with its operations, policies, or practices. His resignation became effective on May 6, 2026, after notification on May 1, 2026.
Who replaced Mr. Lin on the YSXT board and when did the appointment occur?
YSX TECH. CO., LTD appointed Ms. Hua Wang to replace Mr. Lin as a director. The board approved her appointment on May 8, 2026, with the role effective the same day. She fills the vacancy created by Mr. Lin’s resignation and serves as an independent director.
What is Ms. Hua Wang’s professional background before joining the YSXT board?
Ms. Hua Wang has held management roles in insurance and finance since 2004. She served as General Manager of Yangzhou Yuchen Seven Information Consulting Co., Ltd. since January 2023 and previously worked at Nuoyuan Capital, Zhongyi Life Insurance, SINATAY Life Insurance, and Taikang Life Insurance in various managerial positions.
Is Ms. Hua Wang considered an independent director at YSX TECH. CO., LTD?
Yes, the board of YSX TECH. CO., LTD determined that Ms. Hua Wang qualifies as an independent director. This means she is considered free of relationships that could impair her judgment. The filing also notes no family relationships with any director or executive officer of the company.
What education does Ms. Hua Wang have according to the YSXT filing?
Ms. Hua Wang holds an Associate degree in Tourism and Hotel Management from Yangzhou Polytechnic University. She received this degree in June 2004. Her educational background complements her long career in sales, insurance and financial services management described in the company’s disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
