Dongwu Cement International Ltd. (HK:0695) has released an update.
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Dongwu Cement International Ltd. faces a challenge in maintaining compliance with Hong Kong Stock Exchange listing rules following the resignation of independent non-executive director Ms. Yu Xiaoying. Her departure leaves the company short of the required number of independent directors, prompting an urgent search for a suitable replacement. The company has three months to address this governance issue and restore its board composition.
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