Business Context and Reporting Period
This Form 6-K filing by Wellchange Holdings Co Ltd covers the month of March 2026, with the report dated March 6, 2026. The filing primarily addresses corporate governance changes, specifically the appointment of new independent directors and the resignation of existing ones.
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 personnel changes and does not contain financial performance data.
Material Changes
The material changes disclosed in this filing relate to the composition of the Board of Directors:
- Appointments: On February 25, 2026, the Board appointed Mr. Jun Liu and Ms. Yiyun Wang as independent directors.
- Resignations: On February 26, 2026, Mr. Lau Yun Chau and Mr. Chu Chi Hong resigned as independent directors, effective immediately.
Management Commentary and Compensation
Management commentary is limited to the qualifications of the new directors and the terms of their engagement:
- Mr. Jun Liu: Appointed as an independent director and member of the audit, compensation, and nomination committees. He brings over 20 years of experience in finance and asset management. His annual compensation is set at US$20,000.
- Ms. Yiyun Wang: Appointed as an independent director, chairman of the compensation committee, and member of the nominating and audit committees. She has a background in law and financial risk management. Her annual compensation is set at US$20,000.
- Independence: The Board determined both new directors are independent under Nasdaq Listing Rules Rule 5605(a)(2).
No guidance, outlook, risks, or contingencies regarding business operations were disclosed in this filing.
Key Facts for Investor Verification
- Verify the effective dates of the resignations of Mr. Lau Yun Chau and Mr. Chu Chi Hong (February 26, 2026).
- Confirm the committee assignments for the new directors, Mr. Liu and Ms. Wang.
- Note the annual compensation of US$20,000 for each new independent director.
- Review the attached Exhibit 10.1 and 10.2 for the full text of the director offer letters.