Does SEII state any disagreements related to the executive resignations?

The company states there were no disagreements behind the resignations. SEII reports that the departing directors, CEO and CFO did not resign in connection with any disagreement with the company, without providing additional detail on reasons or future strategic plans.

Sharing Economy International (SEII) installs new CEO, CFO and directors

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Sharing Economy International Inc. reported a major leadership reshuffle effective May 12, 2026. Four directors – Wu Shanna, Shao Yuan Guo, Cheng Wai Yin and Bautista Michael Bibat – resigned, while Wu also stepped down as Chief Executive Officer and Lam Ka Man resigned as Chief Financial Officer. The company states these departures were not due to any disagreement. At the same time, automotive and electric-vehicle veteran Ximing Huang was appointed Chairman, Chief Executive Officer and President, with Johnny Chen named Chief Financial Officer, Director, Secretary and Treasurer. New directors Hao Zeng and Keving Yikang Zhang, both with extensive EV and automotive engineering experience, also joined the board. The filing notes that none of the new appointees currently has a compensation agreement with the company or beneficially owns its securities.

Positive

None.

Negative

Simultaneous CEO, CFO and board turnover: The same effective date saw the resignation of the CEO, CFO and four directors, replaced by a new leadership team, signaling a significant governance shift whose operational and strategic impact is not yet detailed.

Insights

SEII undergoes a full leadership overhaul, adding EV-focused executives.

Sharing Economy International Inc. is replacing its Chief Executive Officer, Chief Financial Officer and four directors simultaneously, while stating that none resigned over disagreements. Such a sweeping change is structurally important and often signals a strategic redirection.

The incoming leaders – including Ximing Huang and Johnny Chen – bring backgrounds in electric vehicles and automotive engineering, suggesting potential focus in this area. However, the filing does not describe any new strategy, transaction, or capital plan, so the practical impact remains unclear based on this information alone.

Investors may pay close attention to how this new team defines the company’s direction in subsequent communications and filings, particularly any concrete business plans or financing arrangements that align with the automotive and EV expertise highlighted here.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

Effective date of leadership changes: May 12, 2026 Number of resigning directors: 4 directors Number of new directors appointed: 3 directors +4 more

7 metrics

Effective date of leadership changes May 12, 2026 Date CEO, CFO and directors resigned and new officers were appointed

Number of resigning directors 4 directors Wu Shanna, Shao Yuan Guo, Cheng Wai Yin, Bautista Michael Bibat

Number of new directors appointed 3 directors Ximing Huang, Johnny Chen, Hao Zeng, plus one additional director Keving Yikang Zhang

Age of new CEO 62 years Age of Ximing Huang at appointment as Chairman, CEO and President

Age of new CFO 61 years Age of Johnny Chen at appointment as CFO and Director

Age of new director Hao Zeng 62 years Age of Hao Zeng at appointment as Director

Age of new director Keving Zhang 67 years Age of Keving Yikang Zhang at appointment as Director

Key Terms

Emerging growth company, Chief Executive Officer, Chief Financial Officer, Chairman of the Board of Directors, +1 more

5 terms

Emerging growth company financial

"Securities registered pursuant to Section 12(b) of the Act ... Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Chief Executive Officer financial

"Wu Shanna resigned as Chief Executive Officer, and Lam Ka Man resigned as Chief Financial Officer."

A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.

Chief Financial Officer financial

"Johnny Chen was appointed a Director, Chief Financial Officer, Secretary, and Treasurer;"

A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.

Chairman of the Board of Directors financial

"Ximing Huang was appointed Chairman of the Board of Directors, Chief Executive Officer and President;"

beneficially hold any securities financial

"Mr. Huang has no compensation agreement ... and does not beneficially hold any securities of the Company."

Understanding 8-K Material Events →

05/13/2026 - 10:52 AM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 12, 2026

Sharing Economy International Inc.

(Exact name of registrant as specified in its charter)

Nevada

(State or other jurisdiction of incorporation)

001-34591

(Commission File Number)

90-0648920

(IRS Employer Identification No.)

9205 Country Club Drive, Farmington Hills, Michigan 48221

(Address of principal executive offices) (Zip Code)

(248) 971-9325

Registrant’s telephone number, including area code

Far East Consortium Building, 113-125A Des Voeux Road, Central, Hong Kong

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered

Indicate by check mark whether the registrant is an emerging growth company as defined in in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective May 12, 2026, Wu Shanna, Shao Yuan Guo, Cheng Wai Yin and Bautista Michael Bibat resigned as directors of Sharing Economy International Inc. (the “Company”), and Wu Shanna resigned as Chief Executive Officer, and Lam Ka Man resigned as Chief Financial Officer. None of the aforementioned resignations was in connection with any disagreement with the Company. Concurrently with such resignations, Ximing Huang was appointed Chairman of the Board of Directors, Chief Executive Officer and President; Johnny Chen was appointed a Director, Chief Financial Officer, Secretary, and Treasurer; Hao Zeng was appointed a Director, and Keving Yikang Zhang was appointed a director.

Ximing Huang

Chairman of the Board of Directors, Chief Executive Officer and President

Effective May 12, 2026, Ximing Huang, age 62, was appointed Chairman of the Board of Directors, Chief Executive Officer and President of the Company. Since July 2022, Mr. Huang has served as Chief Executive Officer of Light Across, Inc., an electric vehicle brand and start-up company, co-founded by Mr. Huang. From December 2016 to July 2022, Mr. Huang served as Chief Executive Officer of Nanjing Bordrin New Energy Vehicle Co. Ltd., an electric vehicle brand company he founded. From 2008 to 2022, Mr. Huang served as President of Shanghai Cotech Automotive Engineering Corp. Ltd, an automotive engineering company he founded. Mr. Huang also worked at Ford and General Motors from 1995 to 2007. In 1994, Mr. Huang obtained his PhD in Aerospace Engineering from Virginia Polytechnic Institute and State University. In 1988, Mr. Huang obtained his Master of Science from Dalian Institute of Science and Technology. In 1985, Mr. Huang obtained Bachelor of Engineering from Huazhong Institute of Science and Technology.

Mr. Huang has no compensation agreement, arrangement or understanding with the Company, and does not beneficially hold any securities of the Company.

Johnny Chen

Chief Financial Officer and Director

Effective May 12, 2026, Johnny Chen, age 61, was appointed Chief Financial Officer and a Director of the Company. Since July 2022, Mr. Chen has served as Chief Financial Officer of Light Across, Inc. From June 2018 to May 2021, Mr. Chen served as Chief Financial Officer of Allride Inc., a fleet management software company he co-founded. Mr. Chen obtained his Master of Science from Indiana State University in May 1990, and his Bachelor of Science from East China Normal University in July 1985.

Mr. Chen has no compensation agreement, arrangement or understanding with the Company, and does not beneficially hold any securities of the Company.

Hao Zeng

Director

Effective May 12, 2026, Hao Zeng, age 62, was appointed a Director of the Company. Since October 2025, Mr. Zeng has served as Chief Technical Officer of ZO Motors, an electric vehicle company. From October 2020 to September 2025, Mr. Zeng served as Chief Technical Officer of Morning Star EV, an electric vehicle company which merged into Kaixin Auto Holdings in August 2023. In 1994, Mr. Zeng obtained his PhD in Mechanical Engineering from The Johns Hopkins University. In 1987, Mr. Zeng obtained his M.S./B.S. in Mechanical Engineering from the University of Science and Technology of China.

Mr. Zeng has no compensation agreement, arrangement or understanding with the Company, and does not beneficially hold any securities of the Company.

Keving Yikang Zhang

Director

Effective May 12, 2026, Keving Yikang Zhang, age 67, was appointed a Director of the Company. Since 2024, Mr. Zhang has served as General Manager of Vehtech LLC, a self-employed LLC providing consulting services. From March 2020 to September 2023, Mr. Zhang served as Chief Technical Officer/Senior Vice President of Karma Automotive, an electric vehicle design and manufacturing company. From April 1993 to February 2020, Mr. Zhang worked for Ford Motor Company as a Chief Engineer, Technology Management Director, and Engineering Manager. In 1990, Mr. Zhang obtained his PhD in Mechanical Engineering and Engineering Mechanics from Michigan Technological University and received a CTO program certificate in 2023 from Wharton School, University of Pennsylvania.

Mr. Zhang has no compensation agreement, arrangement or understanding with the Company, and does not beneficially hold any securities of the Company.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	SHARING ECONOMY INTERNATIONAL INC.

Date: May 13, 2026	By:	/s/ Ximing Huang
		Name:	Ximing Huang
		Title:	Chief Executive Officer

Source: View Original Filing on SEC EDGAR

FAQ

What leadership changes did SEII announce in this 8-K filing?

Sharing Economy International Inc. reported broad leadership changes. The CEO, CFO and four directors resigned effective May 12, 2026, reportedly not due to disagreements. The company simultaneously appointed a new Chairman/CEO/President, a new CFO/Director and two additional directors to replace them.

Who is the new CEO of SEII and what is his background?

Ximing Huang became SEII’s Chairman, CEO and President on May 12, 2026. He previously led Light Across, Inc. and Nanjing Bordrin New Energy Vehicle Co. Ltd., founded an automotive engineering company, and earlier worked at Ford and General Motors, with a PhD in Aerospace Engineering.

Who is SEII’s new Chief Financial Officer and director?

Johnny Chen was appointed Chief Financial Officer and Director effective May 12, 2026. He previously served as CFO of Light Across, Inc. and Allride Inc., and holds a Master of Science from Indiana State University and a Bachelor of Science from East China Normal University.

What are the qualifications of new SEII director Hao Zeng?

Hao Zeng joined SEII’s board as a director on May 12, 2026. He serves as Chief Technical Officer of ZO Motors and previously held the same role at Morning Star EV. He holds a PhD in Mechanical Engineering from Johns Hopkins University and earlier engineering degrees from China.

Do SEII’s newly appointed executives and directors own company stock or have compensation agreements?

The filing states the new leaders neither own SEII securities nor have compensation agreements. It notes that Ximing Huang, Johnny Chen, Hao Zeng and Keving Yikang Zhang do not beneficially hold the company’s securities and currently have no compensation arrangements or understandings with SEII.

Filing Exhibits & Attachments

4 documents