6-K
Elong Power Holding Ltd. (ELPW)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
Washington,D.C. 20549
FORM6-K
REPORTOF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDERTHE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2025
Commission File Number: 001-42416
ElongPower Holding Limited
(Translationof registrant’s name into English)
GushanStandard Factory Building Project
GanzhouNew Energy Vehicle Technology City
WestGushan Road and North Xingguang Road
GanzhouCity, Jiangxi Province, 341000, PRC
(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 ☐
Departureof Directors or Certain Officers; Appointment of Directors
On June 20, 2025, Jingdong Qu resigned from his position as Executive Director of Elong Power Holding Limited (the “Company”). Mr. Qu’s resignation was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
On June 23, 2025, the Company’s board of directors appointed Zhaohui Yang as Executive Director, to fill the vacancy left by Mr. Qu’s resignation. The Company has not yet entered into a compensation arrangement with Mr. Yang with respect to his services as Executive Director. The Company will enter into its standard form of indemnification agreement with Mr. Yang.
Mr. Yang has served as the chairman of Beijing Minsheng New Hui Investment Management Co., Ltd. (“New Hui Investment”), an equity investment firm, since September 2014. Mr. Yang’s experience prior to New Hui Investment includes service as President of a private venture investment fund, as Director of Beijing Business Headquarters of Century Securities, as Deputy General Manager of Shandong Hui Zhong Asset Management Co., Ltd., and as a clerk at the Finance Bureau of Zaozhuang City, Shandong Province. Mr. Yang received a master’s degree in political economy from Shandong University and received an EMBA degree from Yangtze Business School. Mr. Yang has more than 30 years of experience in entrepreneurship, management and investment, and is an influential investor in China.
Mr. Yang has not engaged in any transactions with the Company that are required to be reported pursuant to Item 7.B of Form 20-F.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| ELONG POWER HOLDING LIMITED | ||
|---|---|---|
| Date: June 23, 2025 | By: | /s/ Xiaodan Liu |
| Xiaodan Liu | ||
| Chairperson and Chief Executive Officer |