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China Huarong Energy Faces Board Compliance Challenges Following Director Retirement

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China Huarong Energy Faces Board Compliance Challenges Following Director Retirement

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China Huarong Energy Company Limited ( (HK:1101) ) has issued an announcement.

China Huarong Energy Company Limited announced the retirement of Mr. Wang Jin Lian as an independent non-executive director and changes in the composition of its board committees. This change has led to non-compliance with several Hong Kong Stock Exchange listing rules, including the requirement for a minimum number of independent non-executive directors and the composition of various board committees.

More about China Huarong Energy Company Limited

YTD Price Performance: -37.50%

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$235.5M

Find detailed analytics on 1101 stock on TipRanks’ Stock Analysis page.

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