---
title: "Black Sesame Co-founder Liu Weihong Steps Down as President, Moves to Non-executive Role"
description: "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 p"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/274244522.md"
published_at: "2026-01-30T00:11:59.000Z"
---

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

> 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.

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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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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.