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China Qinfa Group Faces Compliance Challenge After Director Resignation

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China Qinfa Group Faces Compliance Challenge After Director Resignation

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China Qinfa Group Ltd. ( (HK:0866) ) has issued an update.

China Qinfa Group Limited announced the resignation of Mr. Jing Dacheng from his role as an independent non-executive director and member of several board committees due to health reasons, effective June 26, 2025. This resignation results in non-compliance with Hong Kong Stock Exchange listing rules, as the company now lacks the required number of independent non-executive directors and audit committee members. The company plans to appoint a suitable replacement within three months to address this issue.

More about China Qinfa Group Ltd.

Average Trading Volume: 5,366,318

Technical Sentiment Signal: Buy

Current Market Cap: HK$4.01B

Learn more about 0866 stock on TipRanks’ Stock Analysis page.

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