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Chongqing Machinery Announces Executive Resignation

Chongqing Machinery Announces Executive Resignation

Chongqing Machinery & Electric Co. Ltd. Class H (HK:2722) has released an update.

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Chongqing Machinery & Electric Co., Ltd. has announced the immediate resignation of Mr. Yang Quan, an executive director and the deputy general manager, due to reaching retirement age. The company assures that this departure will not affect the board’s operations or the minimum number of members required. They are now seeking a replacement following the Company Law of China and their Articles of Association.

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