Leadership & Pay ·
On August 15, 2026, Raytech Holding Limited announced the immediate resignation of Director Shihua Li and Chief…
RAYRaytech Holding Ltd
On August 15, 2026, Raytech Holding Limited announced the immediate resignation of Director Shihua Li and Chief Financial Officer Yee Hing Wan. Both confirmed their departures were not due to disagreements with management. The Board appointed Dr. Gen Zhao as an independent director, Audit Committee Chairperson, and member of the Compensation and Nominating committees to fill Mr. Li's vacancy. Dr. Zhao receives $14,400 in annual cash compensation. Additionally, Mr. Songbin Yang was appointed as the new Chief Financial Officer with a base salary of $72,000 annually and eligibility for discretionary bonuses. The company operates in the technology sector.