Management Change/Compensation (Form 8-K)

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 10, 2025, Mr. Lichen Dong tendered his resignation as a member of the Board of Directors, Chairman of the Board of Directors, and Chairman of the Nominating Committee of Next Technology Holding Inc. (the "Company"), effective December 10, 2025 (the "Resignation Date"). Mr. Dong's resignation was not the result of any disagreement with the Company's operations, policies or procedures.

In connection with Mr. Dong's departure, on December 10, 2025, the Company and Mr. Dong entered into a Resignation and Release Agreement. Pursuant to the terms of the Resignation and Release Agreement, the Company will make a one-time cash payment in the amount of US$120,000 to Mr. Dong within 90 business days from the Resignation Date as a full and final settlement of all outstanding obligations between the Company and Mr. Dong. The Resignation and Release Agreement also includes mutual release of claim and non-disparagement covenants, and Mr. Dong remains subject to customary confidentiality obligations.

The foregoing summary of the Resignation and Release Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Resignation and Release Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.