Xinhuo Technology (1611.HK) Appoints Weng Xiaoqi as Executive Director and CEO

Published: 2025-08-26 14:19:55 |

Xinhuo Technology Holdings (1611.HK) announced on August 26, 2025, that Weng Xiaoqi has been appointed as an Executive Director, Chief Executive Officer and Authorized Representative, effective immediately. At the same time, Du Jun has transitioned from Executive Director to Non-Executive Director and resigned as CEO and Authorized Representative. This corporate governance change aims to streamline leadership and strengthen the company’s strategic direction. Key details: - Company: Xinhuo Technology Holdings Limited (1611.HK) - Effective date: August 26, 2025 - New appointee: Weng Xiaoqi, Executive Director, CEO, Authorized Representative - Role change: Du Jun moves to Non-Executive Director, steps down as CEO and Authorized Representative

Neutral

This announcement concerns an internal leadership reshuffle at a Hong Kong–listed company and does not involve any cryptocurrency projects or digital assets. Corporate governance changes of this nature typically have no direct impact on crypto markets or trading activity. Therefore, the expected market impact is neutral.