Wellchange Holdings Company Limited appointed Mr. Jun Liu and Ms. Yiyun Wang as independent directors effective February 25, 2026, each receiving US$20,000 annual compensation, and accepted resignations of independent directors Mr. Lau Yun Chau and Mr. Chu Chi Hong effective February 26, 2026. These changes were made pursuant to Item 404(a) of Regulation S-K and Nasdaq independence standards.
Key takeaways
Board appointed Mr. Jun Liu as independent director on February 25, 2026
Board appointed Ms. Yiyun Wang as independent director, compensation committee chairman, and member of nominating and audit committees on February 25, 2026
Mr. Liu and Ms. Wang each receive US$20,000 annual compensation
Mr. Lau Yun Chau resigned as independent director effective February 26, 2026
Mr. Chu Chi Hong resigned as independent director effective February 26, 2026
Director offer letters filed as Exhibits 10.1 and 10.2