SenseTime: no executive director resigns as of today

SenseTime (0020) said it has not yet received any resignation letter from any executive director following reports that its co-founder Xu Bing will resign no later than Wednesday.
Mainland media reported on March 21 that Xu Bing plans to voluntarily resign as board secretary and executive director, and will no longer hold a role in senior management.
Xu joined the board in December 2015 and was promoted to executive director in August 2021.
The company is set to release its 2024 financial results on Wednesday, March 26.

STAFF REPORTER