Embrace Change Acquisition Corp. 8-K

What Happened

• Embrace Change Acquisition Corp. filed an 8‑K (Item 5.02) reporting that on December 25, 2025 Jingyu Wang submitted his resignation as Chief Executive Officer; the Board approved the resignation on December 26, 2025. The filing states Mr. Wang’s decision was not due to any disagreement with the Company regarding operations, policies, or practices.
• The Board appointed Zheng Yuan, the Company’s Chief Financial Officer and a director, as Chief Executive Officer effective December 26, 2025. Ms. Yuan will serve as CEO while retaining her CFO role.

Key Details

• Resignation notice date: December 25, 2025; Board approval and appointment: December 26, 2025.
• Outgoing CEO: Jingyu Wang — director since December 2022; CEO from December 2022 to December 2025; previously an advisor on the IPO and public disclosures (Sept 2021–Dec 2022).
• Incoming CEO (also CFO): Zheng Yuan — CFO and director since March 2021; retains CFO duties in addition to CEO role.
• Filing notes no disagreements with management or the Board caused the resignation.

Why It Matters

• Leadership change at the CEO level is a material governance event investors watch closely; this 8‑K confirms a same‑day board‑approved transition with the CFO stepping into the CEO role.
• Investors should note continuity (internal promotion) and the temporary consolidation of CEO and CFO duties under Ms. Yuan, which may affect management bandwidth and corporate oversight until any further succession or organizational changes are announced.
• The filing contains no disclosure of disagreements or compensation changes; investors may look for future updates (e.g., role reassignments, search for separate CEO, or related disclosures) in subsequent filings or company communications.