XMax Inc. (XMAX) · Oct 13, 2026 · Exec change
COO renewed — One-year term at $159,000 annual salary
XMax renewed its COO’s one-year employment agreement at $159,000, preserving management continuity but offering no new operating or AI milestone.
XMax is trying to build an AI business alongside its legacy furniture operations, having incorporated XMax AI in April 2026 while retaining the existing furniture platform.
This is continuity, not a new strategic signal. XMAX renewed COO Yizhou (Steven) Zhao for another one-year term, with the agreement effective October 7, 2026. 〔0〕 The filing does not announce a change in leadership, a new initiative, or progress in the company’s AI buildout.
The role remains unusually broad, but the economics are ordinary disclosure rather than a business catalyst. Zhao will continue as COO and corporate secretary while also serving as a data analysis statistician at wholly owned Diamond Bar Outdoors. 〔1〕 His annual salary is $159,000, with any cash bonus left to the board’s discretion.
Bottom line: The filing removes near-term uncertainty around a key executive but does not change XMax’s operating story. It is a routine management-continuity update, not evidence that the AI transition or core business has advanced.
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