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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.
Sharing Economy International Inc. reported a change in its independent auditor. On January 29, 2026, the board accepted the resignation of Olayinka Oyebola & Co. as the company’s independent registered public accountant, effective immediately, and engaged Lao Professionals to audit the consolidated financial statements for the fiscal years ending December 31, 2022, 2023, 2024 and 2025, as well as quarterly reviews for March, June and September in 2023, 2024 and 2025. The company stated that, during the fiscal years ended December 31, 2021 and through the decision date, it did not consult Lao Professionals on accounting principles, potential audit opinions, or any matters involving disagreements or reportable events with the prior auditor.
Sharing Economy International Inc. reported major board changes. On January 7, 2026, four directors resigned from the board, and the company stated the resignations were not due to any disagreement over operations, policies, or practices.
On the same day, the board appointed Ximing Huang as president and director, and later he signed this report as chief executive officer. The board also added Johnny Chen and Tin Chi Chan as directors, and Dr. Kevin Yikang Zhang and Dr. Hao Zheng as independent directors. Committee assignments for the new board members have not yet been determined, and no related-party transactions requiring disclosure were reported.
Sharing Economy International Inc. announced a leadership change, with Chan Pak Hei Jefferson resigning as Chief Executive Officer, Chief Financial Officer, Secretary and Director effective March 1, 2023. The company states his departure is for personal reasons and not due to any disagreement over operations, policies or practices.
On the same date, Shanna Wu, age 35, was appointed Chief Executive Officer, Chief Financial Officer, Secretary and Director. Wu has served as the company’s Business Development Manager since 2020 and is described as bringing deep experience in business development and administration. Jefferson Chan continues to hold approximately 6.92% of the company’s outstanding common shares.