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YSX TECH (YSXT) reshapes board, appoints Jing Li as Co-CEO and Mei Wang as independent director

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

Rhea-AI Filing Summary

YSX TECH. CO., LTD reports board and management changes. On May 26, 2026, directors Weiqiang Zheng and Xuanjun Yang resigned for personal reasons, with no disagreements related to the company’s operations or policies. Their resignations were effective the same day.

On June 8, 2026, the board appointed Jing Li and Mei Wang as directors, and named Mr. Li as Co-CEO. The board determined that Ms. Wang is an independent director and an audit committee financial expert, and placed her and existing independent director Hua Wang on the audit, compensation, and nominations committees.

Positive

  • None.

Negative

  • None.

Insights

Board refresh with immediate replacements looks administratively neutral.

YSX TECH. CO., LTD discloses two director resignations effective May 26, 2026, citing personal reasons and explicitly noting no disagreements on operations or policies. This helps reduce concern that the departures reflect internal disputes or strategic conflicts.

The board simultaneously refreshes its composition by appointing Jing Li and Mei Wang as directors and elevating Mr. Li to Co-CEO. Ms. Wang’s designation as an independent director and audit committee financial expert strengthens committee coverage and supports compliance with Nasdaq and SEC governance requirements.

Because the filing does not describe strategic shifts or performance issues tied to these changes, the development appears mainly administrative. Future company filings may provide more context on how the new Co-CEO structure and committee membership influence decision-making and oversight.

Director resignations effective date May 26, 2026 Resignations of Weiqiang Zheng and Xuanjun Yang
New director appointments date June 8, 2026 Appointment of Jing Li and Mei Wang as directors
Co-CEO appointment date June 8, 2026 Board appoints Jing Li as Co-CEO
Age of Mei Wang 48 years Independent director and audit committee financial expert
Age of Jing Li 37 years New director and Co-CEO
Form type Form 6-K Report of foreign private issuer for June 2026
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.
audit committee financial expert financial
"The Board has also determined that Ms. Wang qualifies as an audit committee financial expert within the meaning of the SEC rules"
A person on a company’s board who has deep knowledge of accounting, financial reporting and auditing, able to understand and question the books, controls and audit work like a trained mechanic inspecting an engine. Investors care because that expertise helps spot errors, weaknesses or misleading statements early, improving the likelihood that financial reports are accurate and reducing the risk of surprises that can hurt a company’s value.
Nasdaq corporate governance rules regulatory
"or possesses financial sophistication within the meaning of the Nasdaq corporate governance rules."
Form 20-F regulatory
"whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F Form 20-F x"
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.
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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: 001-42444

 

YSX TECH. CO., LTD

 

Room 102, Building 1, No. 22, Huazhou Road

Haizhu District, Guangzhou, Guangdong

People’s Republic of China

(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 x Form 40-F ¨

 

 

 

 

 

Resignation of Directors

 

On May 26, 2026, each of Weiqiang Zheng (“Mr. Zheng”) and Xuanjun Yang (“Mr. Yang”) notified YSX TECH. CO., LTD (the “Company”) of his resignation as a director of the Company. Each of Mr. Zheng and Mr. Yang has advised that his resignation was due to personal reasons and not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company. Mr. Zheng’s and Mr. Yang’s resignations became effective on May 26, 2026.

 

Appointment of Directors

 

To fill the vacancies created by the resignations of Mr. Zheng and Mr. Yang, on June 8, 2026, the board of directors (the “Board”) of the Company appointed each of Jing Li (“Mr. Li”) and Mei Wang (“Ms. Wang”) to serve as a director of the Company, effective June 8, 2026. The Board also appointed Mr. Li to serve as Co-CEO of the Company on the same day.

 

The Board has determined that Ms. Wang qualifies as an independent director of the Company. Each of Ms. Wang and Hua Wang, an existing independent director of the Company, has been appointed to the audit committee, the compensation committee, and the nominations committee of the Board. The Board has also determined that Ms. Wang qualifies as an audit committee financial expert within the meaning of the SEC rules or possesses financial sophistication within the meaning of the Nasdaq corporate governance rules.

 

Ms. Wang, age 48, has served as Accounting Director at Shenzhen Junbo Consulting Co., Ltd., a consulting company, since November 2024, where she is responsible for the overall accounting operations of the company. From November 2021 to October 2024, Ms. Wang served as Accounting Manager at Shenzhen Rishang Tuochan Technology Co., Ltd., a technology company, where she was responsible for the overall accounting operations of the company. From June 2021 to August 2021, Ms. Wang served as Accounting Manager at Shenzhen Dennitt Enterprise Service Co., Ltd., an enterprise services company, where she was responsible for handling accounting for Hong Kong companies on an agency basis. From August 2011 to May 2021, Ms. Wang served as Accounting Specialist at Shenzhen Dinglixin Real Estate Development Co., Ltd., a real estate development company, where she was responsible for managing the company’s seals, contracts, and fund flows. Ms. Wang received her Associate degree in Accounting from Shenzhen University in February 2009.

 

Mr. Li, age 37, has served as Director at MobiTech Holdings Inc., a technology company, since November 2024, where he is responsible for corporate management and strategic planning and execution. From January 2019 to October 2024, Mr. Li served as Manager at Goko Intelligent Technology Co. Ltd., a company engaged in intelligent technology solutions, where he was responsible for information system research and development. From October 2015 to December 2018, Mr. Li served as Analysis Manager at Shenzhen Qianhai Grand Horizon Asset Management Co. Ltd., an asset management company, where he was responsible for research and analysis. Mr. Li received his Master’s degree in Electrical Engineering from the University of Wisconsin-Madison in May 2015. Mr. Li received his Bachelor’s degree in Electrical Engineering from Michigan Technological University in August 2012. Mr. Li received his Bachelor’s degree in Telecommunication Engineering from Wuhan University of Technology in June 2011.

 

There are no family relationships between either Ms. Wang or Mr. Li and any director or executive officer of the Company. To the best knowledge of the Company, there is no understanding or arrangement between either Ms. Wang or Mr. Li and any other person pursuant to which she or he was appointed as a director.

 

 

 

 

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.

 

  YSX TECH. CO., LTD
Date: June 8, 2026    
  By: /s/ Jie Xiao
  Name: Jie Xiao
  Title: Chief Executive Officer

 

 

 

FAQ

What board changes did YSX TECH. CO., LTD (YSXT) disclose in the June 2026 Form 6-K?

YSX TECH. CO., LTD reported that directors Weiqiang Zheng and Xuanjun Yang resigned effective May 26, 2026, for personal reasons. The board then appointed Jing Li and Mei Wang as directors on June 8, 2026, with Jing Li also becoming Co-CEO of the company.

Why did YSX TECH. CO., LTD (YSXT) directors Weiqiang Zheng and Xuanjun Yang resign?

The filing states that both Weiqiang Zheng and Xuanjun Yang resigned on May 26, 2026, due to personal reasons. It specifically notes their resignations were not the result of any disagreement with the company regarding operations, policies, or practices, which limits concern about internal conflicts.

Who are the new directors appointed to the YSX TECH. CO., LTD (YSXT) board?

On June 8, 2026, the board appointed Jing Li and Mei Wang as directors. Jing Li was also named Co-CEO, bringing technology and asset management experience, while Mei Wang contributes a long accounting background from multiple Shenzhen-based companies and formal training in accounting.

Is Mei Wang considered an independent director at YSX TECH. CO., LTD (YSXT)?

Yes. The board determined that Mei Wang qualifies as an independent director. She also meets the criteria for an audit committee financial expert under SEC rules or possesses financial sophistication under Nasdaq corporate governance rules, reinforcing her role in financial oversight and governance committees.

What committee roles will Mei Wang have at YSX TECH. CO., LTD (YSXT)?

Mei Wang, along with existing independent director Hua Wang, has been appointed to the audit, compensation, and nominations committees. Her designation as an audit committee financial expert supports the company’s financial reporting oversight and helps satisfy stock exchange and regulatory governance expectations.

What new executive role did Jing Li assume at YSX TECH. CO., LTD (YSXT)?

In addition to joining the board, Jing Li was appointed Co-CEO on June 8, 2026. He brings experience from roles at MobiTech Holdings Inc., Goko Intelligent Technology Co. Ltd., and an asset management firm, alongside advanced degrees in electrical engineering from U.S. universities.