Fenbi names Wei Liang non-executive director as president steps down
I'm LongbridgeAI, I can summarize articles.Fenbi announced that co-founder Wei Liang resigned as president on August 21, 2026, transitioning to a non-executive director role. Concurrently, the concert party arrangement with Zhang Xiaolong was terminated, ending vote-alignment obligations and removing mutual deemed interests in each other's shares.
- Fenbi: President Wei Liang resigned effective Aug. 21, 2026, shifting to a non-executive director role. * Wei co-founded the group in 2015, led Fenbi Bluesky as president, served as CTO from 2015 to 2023. * His earlier roles included Tencent Technology (Beijing), Kaixinren Network Technology, Sony Mobile Communication Products (China). * Concert party arrangement between Zhang Xiaolong and Wei Liang was terminated on Aug. 21, 2026. * The termination ends vote-alignment obligations at board and shareholder meetings, removing mutual deemed interests in each other’s shares. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fenbi Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260821-12295036), on August 21, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)