Company: XCH
Filing Date: 2025-09-12
Form Type: 6-K
Source: 0000950170-25-114318
Chunk: 1

Company: XCHG Ltd
Filing Date: 2025-09-12
Form: 6-K
Chunk 1
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 connection with Mr. Gallo’s appointment as Chief Financial Officer, the Company intends to enter into an employment agreement (the “Employment Agreement”), the form of which is filed as Exhibit 4.5 to the Company’s Annual Report on Form 20-F for the fiscal year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission on April 23, 2025.

Mr. Gallo will also enter into the Company’s standard indemnification agreement (the “Indemnification Agreement”), the form of which is filed as Exhibit 4.4 to the Company’s Annual Report on Form 20-F for the period ended December 31, 2024, filed with the U.S. and Exchange Commission on April 23, 2025. Pursuant to the terms of the Indemnification Agreement, the Company may be required, among other things, to indemnify Mr. Gallo for some expenses, including attorneys’ fees, judgments, fines and settlement amounts incurred by him in any action or proceeding arising out of his services as an executive officer of the Company.

Other than with respect to the matters described above pursuant to the Employment Agreement and the Indemnification Agreement, there are no arrangements or understandings between Mr. Gallo and any other persons pursuant to which Mr. Gallo was appointed as the Company’s Chief Financial Officer of the Company. There also are no family relationships between Mr. Gallo and any director or executive officer of the Company and Mr. Gallo has no direct or indirect interest in any transaction or proposed transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Departure of Mr. Yifei Hou as Interim Chief Financial Officer

Mr. Gallo will succeed Mr. Yifei Hou, who was serving as Interim Chief Financial Officer pending the completion of a succession process. As a result of Mr. Gallo’s appointment, Mr. Hou will no longer serve as the Company’s Interim Chief Financial Officer effective as of the Effective Date. Mr. Hou will remain with the Company as Chief Executive Officer and director.

Departure of Mr. Yifei Hou as a Member of the Audit Committee of the Board of Directors

On September 3, 2025, Mr. Hou notified the Company of his resignation as a member of the Audit Committee of the Board of Directors of the Company, effective immediately. Mr. Hou will continue to serve as a member of the Board of Directors.

Mr. Hou’s