China Water Industry Group Limited (HK:1129) has released an update.
At the recent Annual General Meeting (AGM) of China Water Industry Group Limited, all proposed resolutions were passed by poll, but the re-election of Mr. Hu and Ms. Qiu as directors failed, leading to their retirement and consequent changes in board committee composition. Following these departures, the company now faces non-compliance with the Hong Kong Stock Exchange’s listing rules regarding the minimum number of independent non-executive directors and audit committee members.
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