SHARING ECONOMY INTERNATIONAL INC. 8-K

What Happened

• On February 18, 2026 the company filed an 8-K disclosing that, effective March 1, 2023, Jefferson Chan resigned as Chief Executive Officer, Chief Financial Officer, Secretary and Director of SHARING ECONOMY INTERNATIONAL INC.
• Concurrently, the company appointed Shanna Wu (age 35) to serve as Chief Executive Officer, Chief Financial Officer, Secretary and Director. Ms. Wu has served as the company’s Business Development Manager since 2020.
• The filing states Chan’s departure was for personal reasons and not due to any disagreement with the company’s operations, policies or practices. Chan continues to hold approximately 6.92% of the company’s outstanding common stock.

Key Details

• Filing date: February 18, 2026 (Form 8-K).
• Effective date of leadership change: March 1, 2023.
• Shareholding: Jefferson Chan retains ~6.92% of outstanding common stock.
• New appointee background: Shanna Wu, 35, Business Development Manager since 2020.

Why It Matters

• One individual (Shanna Wu) now holds multiple senior roles (CEO, CFO, Secretary and Director), which is a material governance change investors should note.
• The filing explicitly states the resignation was personal and not the result of any disagreement, and the former officer remains a meaningful shareholder (~6.92%), facts that can affect investor assessment of continuity and influence.
• Investors may want to monitor subsequent disclosures (e.g., financial reports, governance updates) for further information on management responsibilities and any changes to internal controls or financial oversight.