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China Huarong Energy Faces Board Compliance Challenge After Director Resignation

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China Huarong Energy Faces Board Compliance Challenge After Director Resignation

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China Huarong Energy Company Limited ( (HK:1101) ) has shared an update.

China Huarong Energy Company Limited has announced the resignation of Mr. Lam Cheung Mau as an independent non-executive director, effective April 19, 2025, due to personal reasons. This resignation results in non-compliance with Hong Kong Stock Exchange listing rules, as the company now lacks the required number of independent directors and audit committee members. The company is actively seeking a replacement to restore compliance within three months.

More about China Huarong Energy Company Limited

China Huarong Energy Company Limited is a company incorporated in the Cayman Islands, focusing on energy-related ventures. The company operates with its subsidiaries, offering various services and products in the energy sector.

Technical Sentiment Signal: Buy

Current Market Cap: €26.7M

See more data about 1101 stock on TipRanks’ Stock Analysis page.

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