SHARING ECONOMY INTERNATIONAL INC. 8-K

What Happened

• On May 12, 2026, SHARING ECONOMY INTERNATIONAL INC. filed an 8-K reporting that directors Wu Shanna, Shao Yuan Guo, Cheng Wai Yin and Bautista Michael Bibat resigned; Wu Shanna also resigned as Chief Executive Officer, and Lam Ka Man resigned as Chief Financial Officer. The filing states none of these resignations was due to a disagreement with the company.
• Concurrently, the company appointed Ximing Huang (age 62) as Chairman of the Board, Chief Executive Officer and President; Johnny Chen (age 61) as Director, Chief Financial Officer, Secretary and Treasurer; Hao Zeng (age 62) as Director; and Keving Yikang Zhang (age 67) as Director. The filing summarizes each appointee’s background — all have extensive experience in the automotive/electric vehicle sector (e.g., Huang and Chen are affiliated with Light Across, Inc.; others have senior EV/automotive engineering backgrounds).

Key Details

• Effective date: May 12, 2026 (all resignations and appointments).
• Resignations: Directors Wu Shanna, Shao Yuan Guo, Cheng Wai Yin, Bautista Michael Bibat; CEO Wu Shanna; CFO Lam Ka Man — no disagreements with the company reported.
• Appointments: Ximing Huang (Chairman, CEO, President); Johnny Chen (CFO, Director, Secretary, Treasurer); Hao Zeng (Director); Keving Yikang Zhang (Director).
• Per the filing, none of the new appointees currently has a compensation agreement with the company and none beneficially holds company securities.

Why It Matters

• Leadership change at the top (new CEO/Chairman and new CFO) is a material governance event investors should note because it can affect company strategy, operations, and financial oversight. The new executives bring automotive and electric-vehicle industry experience, which may indicate management direction but the filing provides no confirmed strategic changes.
• Investors should watch future filings for any employment or compensation agreements, disclosures of related-party transactions, or material operational updates that follow this leadership transition.