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

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2026.01.30 00:11
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Black Sesame International Holding Limited announced that co-founder Liu Weihong has stepped down as president and will transition to a non-executive director role effective January 29, 2026, due to personal commitments. He will continue to advise on business operations and retains significant shareholdings. This change aims to maintain strategic guidance while altering the senior management structure. The latest analyst rating for the stock (HK:2533) is a Sell with a price target of HK$20.50.