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Wai Fu Holdings announces leadership changes amid missed targets

August 21, 2025 at 05:12 PM UTCBy FilingReader AI

Shanghai Wai Fu Holdings announced the resignation of its chief executive and executive vice president, with new appointments made for both roles.

The company failed to meet performance targets between 2022 and 2024, resulting in a compensation agreement. It is repurchasing 39,110 restricted A-shares due to performance-linked criteria and employment changes.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Supplementary Source Documents

Announcement from Shanghai Foreign Service Holdings on the cancellation of the board of supervisors, change of company domicile, and revision of the articles of associationAugust 21, 2025 at 08:00 AM UTC
Special audit report on the fulfillment of performance commitments by Shanghai Foreign Service Yuanao Development Co., Ltd. for 2022-2024August 21, 2025 at 08:00 AM UTC
Announcement from Shanghai Foreign Service Holdings about performance compensation and the signing of a share transfer agreement due to the expiration of the performance commitment period for Shanghai Foreign Service Yuanmao Enterprise Development Company LimitedAugust 21, 2025 at 08:00 AM UTC
Announcement by Waifu Holdings regarding the achievement of unlocking conditions for the second restricted period of the initial grant under the A-share restricted stock incentive planAugust 21, 2025 at 08:00 AM UTC
Announcement from Shanghai Foreign Service Holdings regarding the repurchase and cancellation of a portion of restricted A-shares and the adjustment of the repurchase priceAugust 21, 2025 at 08:00 AM UTC
Announcement by Waifu Holdings regarding the resignation of the company's president and executive vice president, and the appointment of a president and vice presidentAugust 21, 2025 at 08:00 AM UTC
FESCO Holdings 2025 "Quality improvement, efficiency enhancement, and strong returns" action plan semi-annual evaluation reportAugust 21, 2025 at 08:00 AM UTC
Waifu Holdings 2025 half-year reportAugust 21, 2025 at 08:00 AM UTC
Waifu Holdings 2025 semi-annual report abstractAugust 21, 2025 at 08:00 AM UTC

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