Embrace Change Acquisition Corp. announced on December 2, 2022, Yoann Delwarde, chief executive officer of the company, resigned as chief executive officer of the company. The company's board of directors appointed Mr. Jingyu Wang to serve as the company's chief executive officer, effective December 2, 2022.

Jingyu Wang, 33, served as an advisor to the Company in connection with its initial public offering and public disclosures from September 2021 until his appointment as Chief Executive Officer. From June 2015 to September 2021, Mr. Wang served as the secretary of the board for 36Kr Holdings Inc. for which he coordinated the company's public disclosures. Mr. Wang received his bachelor's degree in laws from China University of Political Science and Law in 2012.