YXT.com announces CFO Pun Leung Liu's resignation, appoints Shen Cao as new CFO and Yazhou Wu as Director.
Quiver AI Summary
YXT.com Group Holding Limited announced the resignation of Mr. Pun Leung Liu as Director and Chief Financial Officer, effective June 30, 2025, for personal reasons, with no disputes reported. Following his departure, Mr. Yazhou Wu, previously Chief Operating Officer and Chief Technology Officer, has been appointed as a new Director, while Mr. Shen Cao, recently Vice President of Investment Relations, will take over as CFO. Mr. Cao has experience as Deputy Chairman of the Board at Topsperity Securities Asset Management and holds degrees from Tsinghua University. YXT.com focuses on AI-enabled enterprise productivity solutions and has gained recognition from multiple Fortune 500 companies. The company is also expanding internationally with new headquarters planned in Singapore.
Potential Positives
- Mr. Pun Leung Liu's resignation was not due to any disagreements or disputes, indicating a stable corporate environment.
- Appointment of Mr. Yazhou Wu, who has dual roles as COO and CTO, suggests a strong internal talent pipeline and continuity in leadership.
- Mr. Shen Cao’s appointment as CFO brings fresh expertise in investment relations, potentially benefiting the company’s financial strategy.
- The establishment of an overseas headquarters in Singapore positions YXT.com for future international market opportunities.
Potential Negatives
- Mr. Pun Leung Liu, the CFO and a Director, has resigned, which may create instability in the company's leadership and raise concerns among investors about future financial oversight.
- The new CFO, Mr. Shen Cao, has only been with the company since May 2025, which could lead to uncertainties regarding his experience and understanding of the company’s operations.
- The press release does not address any specific strategies or plans for the future following the leadership change, leaving stakeholders without a clear direction for the company's trajectory.
FAQ
What caused the resignation of Mr. Pun Leung Liu?
Mr. Liu resigned due to personal reasons and not because of any disagreement with the Company or its Board.
Who is the new CFO of YXT.com?
Mr. Shen Cao has been appointed as the new CFO following Mr. Liu's resignation.
What is YXT.com’s primary business focus?
YXT.com specializes in AI-enabled enterprise productivity solutions to enhance organizational development and efficiency.
When will the changes in leadership take effect?
The leadership changes are effective immediately as of June 30, 2025.
Where does YXT.com operate its business?
YXT.com manages its operations primarily in China and has established a headquarters in Singapore for international business.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
SUZHOU, China, June 30, 2025 (GLOBE NEWSWIRE) -- YXT.com Group Holding Limited (NASDAQ: YXT) (“YXT.com” or the “Company”), a provider of AI-enabled enterprise productivity solutions, today announced that Mr. Pun Leung Liu has notified the board of directors of the Company (the “Board”) of his decision to resign from his position as a Director and Chief Financial Officer (“CFO”) of the Company, effective June 30, 2025, due to personal reasons.
Mr. Liu’s resignation did not result from any disagreement or dispute with the Company, the Board, or the Company’s management regarding any matter relating to the Company’s operations, policies, or practices.
Following Mr. Liu’s resignation, the Board has appointed Mr. Yazhou Wu, the Company’s Chief Operating Officer and Chief Technology Officer, as the new Director. The Board has also appointed Mr. Shen Cao, the current Vice President of Investment Relations, as the new CFO.
Mr. Shen Cao joined the Company in May 2025 as Vice President of Investment Relations. Prior to joining YXT.com, Mr. Cao served as the Deputy Chairman of the Board in Topsperity Securities Asset Management Co., Ltd. from June 2023 to April 2025. Mr. Cao holds a Bachelor's and Master's degree in Civil Engineering from Tsinghua University.
About YXT.com
YXT.com (NASDAQ: YXT) is a technology company focusing on enterprise productivity solutions. With a mission to "Empower people and organization development through technology," The Company strives to become the supreme provider in building and boosting enterprise productivity by combining over a decade of experience in tech-enabled talent learning and development and with AI-augmented task copilots and unleashing the power of knowledge and synergy. Since its inception, YXT.com has supported and received recognition from numerous Global and China Fortune 500 companies.
YXT.com operates its business in China through "Jiangsu Radnova Intelligence Technology Co., Ltd.," formerly known as "Jiangsu Yunxuetang Network Technology Co., Ltd.". YXT.com has established an entity in Singapore to serve as a headquarter for its overseas business to be conducted in the future, with the "Radnova" trademark to serve international markets.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to”, or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.
Contact
Robin Yang
ICR, LLC
[email protected]
+1 (646) 405-4883
