YXT.com announces CFO resignation and new executive appointments

Published 30/06/2025, 13:54
YXT.com announces CFO resignation and new executive appointments

SUZHOU, China - YXT.com Group Holding Limited (NASDAQ:YXT), a technology company currently valued at $58.39 million, announced Monday that Chief Financial Officer Pun Leung Liu has resigned from his position and board seat effective June 30, 2025, citing personal reasons. According to InvestingPro data, this management change comes as the company faces significant cash burn challenges while maintaining impressive gross profit margins of 61.8%.

The AI-enabled enterprise productivity solutions provider has appointed Yazhou Wu, the company’s Chief Operating Officer and Chief Technology Officer, to fill Liu’s vacant board position. Additionally, Shen Cao, who joined the company in May 2025 as Vice President of Investment Relations, has been promoted to CFO. The leadership transition occurs as YXT trades near $0.97 per share, with analysis suggesting the stock may be undervalued.

In its statement, YXT.com clarified that Liu’s departure did not stem from any disagreement with the company’s board, management, operations, policies, or practices.

Prior to joining YXT.com, Cao served as Deputy Chairman of the Board at Topsperity Securities Asset Management Co., Ltd. from June 2023 to April 2025. He holds both Bachelor’s and Master’s degrees in Civil Engineering from Tsinghua University.

YXT.com, which trades on the NASDAQ under the ticker symbol YXT, focuses on enterprise productivity solutions and operates in China through Jiangsu Radnova Intelligence Technology Co., Ltd. The company has also established an entity in Singapore to serve as headquarters for its future overseas business operations. Despite facing significant market challenges with a 90.3% decline in share price over the past year, InvestingPro analysis indicates the company maintains a FAIR financial health rating, with 12 additional key insights available to subscribers.

The information was disclosed in a company press release statement.

In other recent news, YXT.com Group Holding Limited reported a substantial reduction in its net loss for the full year of 2024, attributing this improvement to its focus on artificial intelligence technologies. The company announced a net loss decrease of 59.9%, amounting to RMB92.1 million ($12.6 million), compared to RMB229.8 million ($32.37 million) the previous year. Despite a revenue decline of 21.9% year-on-year to RMB331.2 million ($45.4 million), YXT.com emphasized that if certain business deconsolidations were accounted for, there would have been a slight increase in pro forma revenues. The gross margin improved to 61.8% from 54.1% the previous year. The firm’s strategic shift towards large enterprise accounts resulted in the net addition of 139 subscription customers and a net revenue retention rate of 100.9%. YXT.com also highlighted the launch of three new AI-driven business lines currently in the customer validation phase. Additionally, the company announced a share repurchase program of up to $10 million over two years, which it plans to fund with existing cash. These developments reflect YXT.com’s confidence in its global expansion strategy and its position in the AI-driven corporate learning market.

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