AXT, Inc. (AXTI) expanded its board of directors and appointed technology executive Jia-Bin Duh as a new independent director, effective July 16, 2026. The board increased its size from five to six directors and elected Duh as a Class III director, with a term scheduled to expire at the company’s 2028 annual meeting of stockholders. Duh will serve on all three of AXT’s standing board committees: the audit committee, the compensation committee, and the nominating and corporate governance committee. His appointment was reported under Item 5.02(d) of Form 8-K, covering the election of directors, and AXT also said it issued a press release on July 22, 2026 announcing the board addition under Item 7.01, Regulation FD Disclosure. Duh brings more than 30 years of senior executive leadership and investment experience in the technology and consumer sectors in Greater China. He has served as a director of Primax Electronics Ltd. since 2021 and was its chairman and chief executive officer from 2023 to 2024. His prior roles include chairman of Mobinnova Corp. from 2006 to 2009, president of Cisco Systems China from 1998 to 2005, corporate vice president of Cisco Systems Inc., and president of Microsoft China from 1993 to 1998. He also previously served as an independent director at Wangfujing International Group Ltd., IDT International Limited and Huizhou Tymphany Acoustics Technology Ltd. As part of AXT’s existing non-employee director compensation program, Duh will receive cash and equity compensation. His equity awards include an initial grant of 2,500 shares of restricted stock and a prorated annual equity grant of 667 shares of restricted stock. Both restricted stock awards are scheduled to vest on May 14, 2027, provided Duh remains in continuous service through that date. AXT also said Duh will enter into the company’s standard indemnification agreement in connection with his appointment. The company disclosed that there were no arrangements or understandings with any other person that led to his election, no family relationships between Duh and any AXT director or executive officer, and no disclosable related-party transaction interest beyond what was described in the filing.