China Cinda Nominates Directors for New Terms

China Cinda Asset Management Co (HK:1359) has released an update.

China Cinda Asset Management Co. has announced the nomination of Mr. CHEN Xiaowu for re-election and Ms. ZHANG Zhongmin as new non-executive directors, with terms set for three years. Both candidates come with extensive backgrounds in finance and economics, and their appointments are pending approval at the company’s general meeting and from the National Financial Regulatory Administration. The company emphasizes that the nominees have no conflicting interests and have not been subject to any recent regulatory penalties.

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