Natural Beauty Bio-Technology Faces Governance Gap After Independent Director Exit

Natural Beauty Bio-Technology ( (HK:0157) ) just unveiled an update.

Natural Beauty Bio-Technology Limited announced that independent non-executive director Mr. Chen Ruey-Long has resigned, effective 8 May 2026, stepping down as chairman of the Audit Committee and as a member of the Nomination and Remuneration Committees to focus on personal affairs. The board noted he has no disagreements with the company and expressed gratitude for his contributions.

Following his departure, the board composition no longer meets Hong Kong listing rules requiring at least three independent non-executive directors and compliant structures for the audit, remuneration and nomination committees. The company is actively seeking a new independent non-executive director to restore full compliance with governance and committee requirements and will issue further announcements once appointments are made.

More about Natural Beauty Bio-Technology

Natural Beauty Bio-Technology Limited is a Cayman Islands–incorporated company listed in Hong Kong, operating in the beauty and personal care sector. The firm is governed by a board comprising executive, non-executive and independent non-executive directors, and maintains standard board committees such as audit, remuneration and nomination to meet listing governance requirements.

YTD Price Performance: -5.10%

Average Trading Volume: 92,105

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$931M

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