China Dongxiang (Group) Co (HK:3818) has released an update.
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China Dongxiang (Group) Co., Ltd. has announced the resignation of Dr. Chen Guogang, an independent non-executive Director, effective from 8 October 2024. Dr. Chen’s departure has resulted in the company’s non-compliance with certain Hong Kong Stock Exchange listing rules regarding the minimum number of independent directors and committee members. The company is actively seeking a replacement to rectify the situation and ensure compliance within three months.
For further insights into HK:3818 stock, check out TipRanks’ Stock Analysis page.