JIADE Ltd Director Resigns, New Co-CEO Appointed

TL;DR

JIADE Ltd director out, new co-CEO in. Watch for strategy shifts.

AI Summary

JIADE LIMITED announced the resignation of Mr. Kunqi Bai as a director, effective January 20, 2025, due to personal reasons. Concurrently, the company appointed Ms. Xiaoyan Li as a new director and co-Chief Executive Officer, effective January 22, 2025.

Why It Matters

Changes in directorship and executive leadership can signal shifts in company strategy or internal dynamics, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in key leadership roles can introduce uncertainty regarding future strategy and operational stability.

Key Players & Entities

• JIADE LIMITED (company) — The reporting company.
• Mr. Kunqi Bai (person) — Resigning director.
• January 20, 2025 (date) — Effective date of Mr. Bai's resignation.
• Ms. Xiaoyan Li (person) — Appointed director and co-Chief Executive Officer.
• January 22, 2025 (date) — Effective date of Ms. Li's appointment.

FAQ

Filing Documents

• tm254113d1_6k.htm (6-K) — 17KB
• tm254113d1_ex16-1.htm (EX-16.1) — 3KB
• tm254113d1_ex16-1img001.jpg (GRAPHIC) — 24KB
• 0001104659-25-005240.txt ( ) — 54KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of January 2025 Commission File Number: 001-42098 JIADE LIMITED Unit 2-02, Puningdun Business Plaza, No. 1702 and 1706 Minjiang Road Jinjiang District, Chengdu City, Sichuan Province The People’s Republic of China, 610000 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F Form 40-F Resignation and Appointment of Director and Co-Chief Executive Officer Mr. Kunqi Bai, a director of JIADE LIMITED, a company incorporated under the laws of the Cayman Islands (the “Company”) notified the Company of his resignation as a director for personal reasons, effective January 20, 2025 (the “Resignation”). Mr. Kunqi Bai’s resignation from the board of directors (the “Board”) was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company. On January 20, 2025, the Board appointed Mr. Xiaohui Li as a director of the Company. The foregoing appointment is intended to fill the vacancy created by Mr. Kunqi Bai’s departure. The Board also appointed Mr. Xiaohui Li as a Co-Chief Executive Officer of the Company. The biographical information of Mr. Xiaohui Li is set forth below. Mr. Xiaohui Li, age 37, is an experienced executive in the securities and capital management sectors. Since October 2024, Mr. Xiaohui Li has served as the Co-Chief Executive Officer of Zhiyi Eastern Securities Co., Ltd., where he contributes to corporate strategic planning, supports partners in daily securities operations, and oversees the investment and post-investment management for major projects. Since April 2014, Mr. Xiaohui Li has served as the Chief Executive Officer of Shenzhen Hongyin g Capital Management Co., Ltd., where he was responsible for establishing corporate governance frameworks, managing fund operations and risks, and assisting partners with project investment and post-investment activities. Mr. Xiaohui Li received his bachelor’s degree in Marketing Management from Quanzhou Vocational and Technical University in 2009 and completed an executive development program in capital management at Peking University in 2016. Mr. Xiaohui Li does not have a family relationship with any other director or executive officer of the Company and nor has he been involved in any transaction with the Company during the past two years that would require disclosure under Item 404(a) of Regulation S-K. Changes in Registrant’s Certifying Accountant On January 20, 2025, the audit committee of the Board recommended, and the Board approved, the change of the Company’s independent auditor to Enrome LLP (“Enrome”), in place of ZH CPA, LLC (“ZH CPA”). The termination of the engagement with ZH CPA became effective from January 20, 2025, and the engagement of Enrome as the independent auditor of the Company became effective from January 20, 2025. ZH CPA ’s report on the Company’s financial statements for the years ended December 31, 2022 and 2023 did not contain an adverse opinion or disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope, or accounting principles. Furthermore, during the Company’s two most recent fiscal years and through January 20, 2025, there were no disagreements with ZH CPA on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to ZH CPA’s satisfaction, would have caused ZH CPA to make reference to the subject matter of the disagreement in connection with its reports on the Company’s financial statements for such periods. During the Company’s two most recent fiscal years and through January 20, 2025, there were no “reportable events” as that term is described in Item 16F(a)(1)(v) of Form 20-F, other than the material weaknesses identified by management under the Company’s registration statement on Form F-1 (File No. 333- 276283), which was initially filed with the U.S. Securities and Exchange Commission (the “Commission”) on December 27, 2023 and declared effective by the Commission on May 14, 2024. The Company has provided ZH CPA with a copy of the above disclosure and requested that ZH CPA furnish a letter addressed to the Commission stating whether or not it agrees with the above statements. A copy of ZH CPA’s letter is filed herewith as Exhibit 16.1. During the two most recent fiscal years and any subsequent interim periods prior to the engagement of Enrome, neither the Company, nor anyone on behalf of the Company, has consulted Enr

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