XIAO-I

Founder‑CEO Hui Yuan and the CFO resigned on January 16, 2026. On January 19, 2026, the board appointed a new CEO, Mingqu Lin, and a new CFO, Yiyang Shen, while naming Yunlin Yu as chairman.

The disclosed backgrounds suggest limited experience running a complex, distressed AI enterprise facing creditor litigation, Nasdaq compliance hurdles and a VIE bankruptcy. Governance and operational execution risk are therefore elevated.