Sharing Economy International issues super-voting preferred to CEO, boosting his voting power to 83.1%

SHARING ECONOMY INTERNATIONAL INC.

Issued one share of Series B Preferred Stock to Chairman/CEO Ximing Huang; voting power equals 51% of all outstanding common shares.
Huang's total voting power rises to 83.1% (65.6% common + 51% preferred), entrenching control over all stockholder matters.
Preferred is convertible into one common share; no dividends unless declared by board; forfeited if 3-year term not completed.
Certificate of Designation filed July 11, 2026; transaction consummated Aug 11, 2026; agreement dated Aug 10, 2026.
Concentrated control may deter takeovers, exclude stock from indices, and draw negative governance commentary.

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