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Ming Yuan Cloud Reshapes Company Secretariat Under HKEX Waiver

Story Highlights
  • Ming Yuan Cloud replaced its joint company secretaries, appointing insider Zou You and governance expert Li Chiao Ling.
  • HKEX granted a three-year waiver so Zou can serve while gaining experience under Li’s guidance, ensuring compliance continuity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ming Yuan Cloud Reshapes Company Secretariat Under HKEX Waiver

Meet Samuel – Your Personal Investing Prophet

The latest announcement is out from Ming Yuan Cloud Group Holdings Limited ( (HK:0909) ).

Ming Yuan Cloud Group Holdings Limited announced that joint company secretaries Ms. Xiao Zhimiao and Ms. Leung Shui Bing have resigned effective 18 March 2026, with no disagreements with the board reported. The company has appointed Mr. Zou You as joint company secretary and authorised representative, and Ms. Li Chiao Ling as joint company secretary, bringing in internal investor-relations expertise and external corporate-governance experience.

As Mr. Zou does not yet meet Hong Kong Listing Rules 3.28 and 8.17 qualifications, the Stock Exchange has granted the company a three-year waiver on condition that he is assisted by Ms. Li and that the waiver may be revoked in case of material rule breaches. The arrangement is intended to ensure continued compliance with listing requirements while Mr. Zou gains the requisite experience, signalling a managed transition in the company’s compliance and governance functions rather than a disruption for shareholders or regulators.

The most recent analyst rating on (HK:0909) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Ming Yuan Cloud Group Holdings Limited stock, see the HK:0909 Stock Forecast page.

More about Ming Yuan Cloud Group Holdings Limited

Ming Yuan Cloud Group Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating through subsidiaries and consolidated affiliated entities in the PRC. The group focuses on information disclosure, capital market management and related corporate governance functions to support its listed status and engagement with investors.

Average Trading Volume: 8,464,843

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$4.56B

For detailed information about 0909 stock, go to TipRanks’ Stock Analysis page.

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