HWH International Inc. Sees Leadership Transition with New Executives at Helm
BETHESDA, MD, Sept. 01, 2026 /CourierPR/ -- HWH International Inc., a leading company in the lifestyle industry, is set to undergo a significant leadership transition as it prepares for the future. Effective September 1, 2026, Chan Heng Fai, the 81-year-old founder and long-time leader of the company, will step down from his roles as Chairman of the Board and Chief Executive Officer. He will continue to serve as a director, allowing him to contribute to the company's strategic direction in his later years.
The leadership transition will see Mr. Liu Ming Hui, currently the founder, President, and Chairman of China Gas Holdings Limited, take on the role of Executive Chairman. Dr. Liu Ming Xing, the Chief Economist at China Gas Holdings, will assume the position of Chief Executive Officer at HWH International Inc.
In a statement, Mr. Liu Ming Hui expressed his gratitude to Mr. Chan, saying, "It is an honor to take on the role of Executive Chairman at this important juncture for HWH. Mr. Chan has built a remarkable track record over his career, and I am grateful for his trust and his continued partnership. Together with Dr. Liu Ming Xing and the rest of the board and management team, we are committed to building on HWH's foundation and creating long-term value for stockholders."
Mr. Chan, who has been instrumental in the company's growth and success, cited his age and other personal commitments as the reason for his step down. Over his 50-year business career, he has been involved in building, rescuing, or transforming more than 35 companies across various sectors, including American Pacific Bank and Global Medical REIT.
Dr. Liu Ming Xing brings extensive expertise in economics, finance, and public policy to his new role. He has served as the Chief Economist at China Gas Holdings and has provided policy consulting to organizations such as the World Bank, the Organisation for Economic Co-operation and Development (OECD), UNESCO, and the United Kingdom's Department for International Development.
HWH International Inc., known for its mission to help people achieve Health, Wealth, and Happiness, continues to explore opportunities for growth and investment. The company's management team is committed to pursuing selective and prudent opportunities that align with the long-term interests of its stockholders.
The transition reflects HWH International Inc.'s strategic direction and its focus on sustainable growth and value creation. As the company moves forward, it aims to leverage the leadership and expertise of its new executives to drive continued success and innovation.