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mF International Limited (MFI) appointed Dawei Yuan as chief executive officer and chairman of the board, effective immediately, following the resignation of Haoyu Wang on November 24, 2025.
Wang resigned from his positions as CEO, director, and chief compliance officer due to personal reasons, according to the company’s statement. The company said Wang’s departure was not the result of any disagreement with company operations, policies, or practices.
Yuan brings experience in blockchain infrastructure development and digital asset security to the role. He founded Red Dot Technology Limited in April 2023, the fintech company behind RedotPay, and has served as a director at Hong Kong-based asset management firm Trend Up Investment since November 2023. Yuan co-founded Huobi and served as its operations director from 2013 to 2015, when it became the largest cryptocurrency exchange in China.
The leadership change coincides with mF International’s digital asset treasury strategy announced on November 21, 2025. The strategy includes investments in Bitcoin Cash and other digital assets as a hedge against inflation and potential source of shareholder value.
Yang Liu, the company’s executive director and chief financial officer, will assume Wang’s former role as chief compliance officer.
mF International operates as a British Virgin Islands holding company with three subsidiaries in Hong Kong. Its principal operating subsidiary, m-FINANCE, provides financial trading solutions and has approximately 20 years of experience serving brokers and institutional clients across mainland China, Hong Kong, and Southeast Asia.