AIFA CEO and chairman steps down; Eric Shao named CEO, Michael Li named chairman
All In FutureTech Alliance replaced its chief executive and chairman on June 17, 2026. Li Yangyang stepped down as CEO and Chairman but remains President and a Class A director, and the board named Weizhi (Eric) Shao CEO and Li Shanglong chairman. The filing says Shao's compensation is still being negotiated and will be disclosed later, so shareholders do not yet know its terms.
Key points
- Li Yangyang resigned as CEO and Chairman effective June 17, 2026, and stays on as President and a Class A director
- Weizhi (Eric) Shao, 40, appointed CEO effective June 17, 2026; his compensation terms are still being negotiated
- Li Shanglong appointed director and Chairman effective June 17, 2026; he will receive US$1 per year and is deemed independent under Nasdaq standards
- The company says Li Yangyang's departure was not the result of any disagreement on operations, policies, or practices
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.