Su Hua stepping down as CEO is not necessarily a bad thing!
We have seen that Su Hua is no longer serving as the CEO of Kuaishou, which is actually a very normal occurrence.
Firstly, for most internet companies, once their leaders reach a certain stage, they inevitably distance themselves from day-to-day minutiae in order to focus on broader market considerations and future strategic planning. This was true for both Bill Gates and Jack Ma, so it is quite common for leaders to step down as CEOs in tech companies.
Secondly, given Kuaishou's current state of development, it is necessary for its leadership to undergo significant reform by entrusting others with responsibilities, which holds substantial positive significance for cultivating a tiered succession system.
Thirdly, Su Hua’s departure from the CEO role will not significantly impact Kuaishou. The company only needs a short period of adjustment. For a company of Kuaishou's scale, its development trajectory is no longer determined solely by any one individual. Thus, Su Hua relinquishing some of his roles may not have a major effect on Kuaishou, and could even be beneficial! $KUAISHOU-W (01024.HK)$