Black Sesame Co-founder Liu Weihong Steps Down as President, Moves to Non-executive Role

Black Sesame International Holding Limited ( (HK:2533) ) has shared an update.

Black Sesame International Holding Limited has announced that co-founder and current executive director Liu Weihong has been re-designated as a non-executive director and has stepped down as president of the company, effective 29 January 2026, citing insufficient time for day-to-day management due to personal commitments. Liu, who will remain closely involved as a consultant advising on business operations and retains significant shareholdings and share options in the group, will not receive director’s fees in his new role; the move marks a shift in the company’s senior management structure while preserving continuity in strategic guidance at board level for shareholders and other stakeholders.

The most recent analyst rating on (HK:2533) stock is a Sell with a HK$20.50 price target. To see the full list of analyst forecasts on Black Sesame International Holding Limited stock, see the HK:2533 Stock Forecast page.

More about Black Sesame International Holding Limited

Black Sesame International Holding Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through a group structure and is co-founded by automotive industry veteran Liu Weihong and chairman and CEO Shan Jizhang. The Group focuses on automotive-related technologies and solutions, leveraging its founders’ deep experience in strategy, operations, business development, and mergers and acquisitions across global automotive markets.

Average Trading Volume: 9,563,167

Technical Sentiment Signal: Sell

Current Market Cap: HK$13.35B

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