UTime Ltd 6-K, filed Aug 27, 2026
UTime Ltd (FXHO)
About this 6-K
UTime Ltd filed this 6-K on August 27, 2026.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the Month of August 2026
Commission file number 001-40306
UTIME LIMITED
7th Floor Building 5A
Shenzhen Software Industry Base
Nanshan, Shenzhen
People’s Republic of China
(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 ☐
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Resignation of Director
Effective August 25, 2026, UTime Limited, a Cayman Islands exempted company with limited liability (the “Company”), received the resignation of Mr. Hailin Xie from his positions as an independent director of the Board of Directors (the “Board”), the chair of the compensation committee (the “Compensation Committee”), and member of the audit committee (the “Audit Committee”) and nominating and corporate governance committee (the “Governance Committee”). Mr. Xie indicated that his resignation was due to personal reasons and was not the result of any disagreement with management of the Company or the Board.
Appointment of Director
On August 25, 2026, the Board approved the appointment of Mr. Zhenhong Li as an independent director of the Board, the chair of the Compensation Committee, and member of the Audit Committee and the Governance Committee, to fill in the vacancies resulting from Mr. Xie’s resignation.
Mr. Li, 33, is a UK-educated professional with cross-sector experience in compute infrastructure and Web3 ecosystems, advising on project incubation, business development, and fundraising. Since January 2025, Mr. Li has served as an Overseas Business Lead at AIOZ Network, an AI-infrastructure firm, where he has both built out a decentralized GPU compute network for AI training, inference, and Web3 node hosting, and led overseas business development and institutional partnerships across Singapore, Hong Kong, Middle East/North Africa and Southeast Asia. From January 2020 to October 2024, Mr. Li worked in Ecosystem Growth for Hangzhou Lunsha Technology Co., Ltd. He earned a bachelor’s degree in information management and systems from Sun Yat-sen University in 2016, and a master’s degree in finance, technology and policy from the University of Edinburgh in 2017.
Mr. Li does not have a family relationship with any director or executive officer of the Company. Pursuant to a director offer letter dated August 25, 2026 (the “Director Offer Letter”), which governs the terms of his service, Mr. Li will receive $36,000 annually for his service on the Board, with such compensation to be paid in equal monthly installments of either cash or stock. The form of director offer letter is qualified in its entirety by reference to the complete text of the Director Offer Letter, which is furnished hereto as Exhibit 99.1 to this Form 6-K and such document is incorporated herein by reference.
Exhibit Index
| Exhibit No. | Description | |
| 99.1 | Director Offer Letter, dated August 25, 2026, between UTime Limited and Zhenghong Li |
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.
| UTIME LIMITED | ||
| Dated: August 27, 2026 | By: | /s/ Hengcong Qiu |
| Name: | Hengcong Qiu | |
| Title: | Chief Executive Officer | |
| (Principal Executive Officer) | ||
Exhibit 99.1
UTime Limited
Director Offer Letter
August 25, 2026
Mr. Zhenhong Li:
UTime Limited (the “Company”) is pleased to inform you that, upon the recommendation of the Nominating and Corporate Governance Committee and approval by the Board of Directors of the Company on August 25, 2026, you are hereby appointed as an independent director of the Company, effective August 25, 2026.
Your appointment is to fill the vacancies resulting from the resignation of Mr. Hailin Xie. Your positions shall include the following:
1. Member of the Board of Directors;
2. Chair of the Compensation Committee;
3. Member of the Audit Committee; and
4. Member of the Nominating and Corporate Governance Committee.
The Board has determined that you satisfy the independence requirements set forth in Nasdaq Rule 5605.
During your term of service, you shall comply with all applicable laws and regulations, stock exchange rules, the Company’s amended and restated memorandum and articles of association, corporate governance policies, and any other policies and procedures adopted by the Board from time to time. You are expected to perform your duties as a director diligently, prudently, and in the best interests of the Company and its shareholders.
As approved by the Board, your compensation for serving in the above positions shall be USD $3,000 per month, payable in cash or its equivalent value in the Company’s stock, subject to the Company’s applicable compensation policies, internal procedures, and applicable legal and regulatory requirements.
Please confirm your acceptance of the appointment by signing below.
Sincerely,
UTime Limited
| By: | /s/ Hengcong Qiu | |
| Name: | Hengcong Qiu | |
| Title: | Chief Executive Officer | |
| Date: | August 25, 2026 |
Acknowledged and Accepted:
I, Zhenhong Li, hereby accept the appointment as an independent director of UTime Limited, Chair of the Compensation Committee, member of the Audit Committee, and member of the Nominating and Corporate Governance Committee, effective August 25, 2026.
| Signature: | /s/ Zhenhong Li | |
| Name: | Zhenhong Li | |
| Date: | August 25, 2026 |