On October 2, 2026, Beijing Yuxin Technology’s actual controller and chairman, Hong Weidong, passed away at the age of 60 on September 29, 2026. In October 2025, Hong Weidong was listed in the “2025 Hurun Rich List” with a wealth of 5.4 billion yuan.
On September 30, 2026, Beijing Yuxin Technology Group Co., Ltd. (Yuxin Technology) announced that their actual controller, chairman, and general manager Hong Weidong had passed away on September 29, 2026.
On the same day, the board of directors of the company approved the election of the company’s co-founder, director, and vice general manager, Hong Weidong’s spouse Wu Hong, as the new chairman and general manager of the company.
The announcement indicated that Hong Weidong was the founder of Yuxin Technology, born in September 1966, with a bachelor’s degree from Tsinghua University and an EMBA degree, and over 30 years of experience in the financial technology industry. The announcement did not mention the cause of Hong Weidong’s death.
In October 2025, the Hurun Rich List released the “2025 Hurun Rich List,” placing Hong Weidong at 1336th with a wealth of 5.4 billion yuan.
Yuxin Technology focuses on providing IT solutions for banks, offering services such as software development, system integration, and technology operations to banks and non-banking financial institutions. It is a leading company in the domestic financial technology sector and went public on the Growth Enterprise Market in 2018. On September 30, 2026, Yuxin Technology’s stock dropped by 5.88%, with a trading volume of 558 million yuan, a turnover rate of 5.17%, and a total market value of 10.589 billion yuan.
On the same day Hong Weidong passed away, September 29, 2026, Tianye Notary Accounting Firm issued an obituary announcing the passing of their senior manager Fu Minmin, who passed away at the age of 40 on that day due to ineffective medical treatment.
According to the obituary, Fu Minmin, a female born in February 1986 in Yanzhou, Shandong, graduated with a master’s degree in June 2011 and started working at Tianye Notary Accounting Firm, where she held positions as an auditor, project manager, and senior manager.
In a previous report by Dajiyuan, within nine days from August 15 to 23, at least four young and middle-aged company executives in mainland China had passed away. Ma Jinxuan, chairman of Guangxi Maheng Supply Chain Management Co., Ltd., passed away at the age of 43; the other three individuals include Wang Haibin, CEO of Borui Bio, Lu Xingyu, deputy general manager of Guangxi Agriculture Investment Sugar Industry Group, and Wang Junlin, secretary of the board and CFO of Anhui Tongguan Copper Foil Group, all aged 56.