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DL Holdings Group Limited ( (HK:1709) ) has issued an announcement.
DL Holdings Group Limited, a company incorporated in the Cayman Islands, announced the resignation of Mr. Li Xiaoxiao as an independent non-executive director and member of its nomination and remuneration committees. This change, effective from July 23, 2025, is due to Mr. Li’s need to focus on other business commitments. The company expressed gratitude for his contributions and appointed Mr. Liu Chun to the nomination committee. However, this resignation has led to non-compliance with Rule 3.10A of the Hong Kong Stock Exchange listing rules, which requires that independent non-executive directors make up at least one-third of the board. DL Holdings plans to address this by appointing a new independent director within three months.
More about DL Holdings Group Limited
Average Trading Volume: 43,437,721
Technical Sentiment Signal: Hold
Current Market Cap: HK$5.26B
Find detailed analytics on 1709 stock on TipRanks’ Stock Analysis page.