Business Context and Reporting Period
This Form 6-K filing by Phoenix Asia Holdings Limited covers the month of October 2025. The report primarily addresses corporate governance changes, specifically the expansion of the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on director appointments and does not contain financial statements or operational metrics.
Material Changes
The Board of Directors increased its size by two members effective October 31, 2025:
- Ms. Yafei Xie (age 37) appointed as a non-independent director.
- Ms. Yaqiao Xie (age 36) appointed as an independent director.
Ms. Yaqiao Xie will also serve on the audit, compensation, and nominating and corporate governance committees. The Board confirmed no family relationships exist between the new directors or between them and existing officers.
Guidance, Outlook, and Compensation
The filing contains no guidance, outlook, or management commentary regarding future business performance. However, it discloses the following compensation arrangements for the new directors:
- Ms. Yafei Xie: Monthly compensation of US$3,850.
- Ms. Yaqiao Xie: Monthly compensation of US$1,280.
Both directors entered into director agreements and indemnification agreements, which are filed as exhibits.
Key Facts for Investor Verification
- Verify the independence status of Ms. Yaqiao Xie under Nasdaq rules as stated in the filing.
- Confirm the total number of directors on the Board following the addition of two new members.
- Review the full text of the Director Agreements (Exhibits 10.1 and 10.2) for specific duties and confidentiality obligations.
- Note that this filing contains no financial data; investors should refer to the most recent Form 20-F for financial performance.