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Sharing Economy International (SEII) reverses previously reported board and CEO changes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Sharing Economy International Inc. filed an update explaining that a prior report of board and leadership changes was made in error. The company states it did not receive valid director resignations or consents, and no valid new appointments were made by the board or stockholders.

As a result, Shanna Wu, Michael Bibat Bautista, Shao Yuan Guo and Wai Yin Cheng remain the only directors. The filing also clarifies that Ximing Huang is not the President or Chief Executive Officer. Wu Shaunna continues to serve as the company’s Chief Executive Officer and President.

Positive

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Insights

SEII corrects an erroneous report of board and CEO changes.

Sharing Economy International Inc. clarifies that previously disclosed director resignations and new appointments were not valid because proper resignations, consents, and approvals were never obtained. This means the reported board transition and leadership change did not legally occur.

The company confirms that four named individuals remain its only directors and that Wu Shaunna continues as Chief Executive Officer and President, while Ximing Huang holds neither role. This is a governance clarification rather than a new change, so it mainly resolves uncertainty about who controls board and executive decisions.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
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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): February 27, 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.)

 

Far East Consortium Building

113-125A Des Voeux Road Central

Central, Hong Kong

(Address of principal executive offices)(Zip Code)

 

+852 35832186

Registrant’s telephone number, including area code

  

(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 8.01 Other Events.

 

On January 7, 2026, Sharing Economy International Inc. (the “Company) filed a Current Report on Form 8-K, disclosing the resignation of Shanna Wu, Michael Bibat Bautista, Shao Yuan Guo and Wai Yin Cheng as directors of the Company, and the appointment of Ximing Huang, Johnny Chen, Tin Chi Chan, Kevin Yikang Zhang and Hao Zheng as directors of the Company, as well as the appointment of Ximing Huang as President of the Company. Mr. Huang’s title was also identified as “Chief Executive Officer” on the signature block to the Form 8-K. Such disclosure was inadvertently and incorrectly made. The Company had not obtained any resignations or consents to appointment, or any valid appointments by the board of directors or stockholders of the Company.

 

Shanna Wu, Michael Bibat Bautista, Shao Yuan Guo and Wai Yin Cheng currently serve as the only directors of the Company, and Ximing Huang is not the President or Chief Executive Officer of the Company. Wu Shaunna currently serves as the Company’s Chief Executive Officer and President.

 

1

 

 

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:  March 12, 2026 By: /s/ Wu Shaunna
    Name: Wu Shauna
    Title: Chief Executive Officer

 

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FAQ

What did Sharing Economy International Inc. (SEII) correct in this 8-K filing?

The company corrected an earlier report that several directors had resigned and new directors, including a new President and CEO, had been appointed. It now states those resignations and appointments were not valid and that the earlier disclosure was inadvertently and incorrectly made.

Who are the current directors of Sharing Economy International Inc. (SEII)?

The filing states that Shanna Wu, Michael Bibat Bautista, Shao Yuan Guo and Wai Yin Cheng currently serve as the only directors. The previously reported appointments of Ximing Huang, Johnny Chen, Tin Chi Chan, Kevin Yikang Zhang and Hao Zheng did not take effect because no valid approvals occurred.

Who is the current Chief Executive Officer and President of SEII?

According to the filing, Wu Shaunna currently serves as Sharing Economy International Inc.’s Chief Executive Officer and President. The company clarifies that earlier references to Ximing Huang as President and Chief Executive Officer were incorrect and that he does not hold either position.

Why were the previously reported board and officer changes at SEII invalid?

The company explains it had not obtained any director resignations, consents to appointment, or valid appointments by the board of directors or stockholders. Because these corporate actions never properly occurred, the earlier disclosure describing board and leadership changes was inadvertently and incorrectly made.

Does Ximing Huang hold any executive role at Sharing Economy International Inc.?

The filing specifically states that Ximing Huang is not the President or Chief Executive Officer of Sharing Economy International Inc. His title had previously been identified as Chief Executive Officer in a signature block, but the company now clarifies that this was erroneous.

What form type did SEII use to disclose this governance clarification?

Sharing Economy International Inc. used a Form 8-K under Item 8.01, Other Events, to clarify that earlier disclosures about director resignations, director appointments, and the designation of a new President and Chief Executive Officer were incorrect and that the prior changes did not validly occur.

Filing Exhibits & Attachments

3 documents