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Omnivision Integrated Circuits Group, Inc. Class H ( (HK:0501) ) just unveiled an update.
OmniVision Integrated Circuits Group, Inc. announced that executive director and deputy general manager Jia Yuan has resigned for personal career reasons, though he will remain in post until a new executive director is elected and his departure is not expected to disrupt board operations or the company’s day-to-day business. Upon the effectiveness of his resignation, Jia will also step down as the company’s authorized representative under Hong Kong listing rules, with a successor to be named later.
The board has nominated current general manager Gao Wenbo, a professor-level senior engineer with a Ph.D. in microelectronics and a long track record at BOE Technology Group, as a candidate for executive director, subject to shareholder approval at a forthcoming general meeting. If appointed, Gao will enter into a service contract running until the end of the board’s seventh session, with remuneration set by reference to his responsibilities and market conditions, signaling continuity of leadership and bringing deep semiconductor display experience to the board.
More about Omnivision Integrated Circuits Group, Inc. Class H
OmniVision Integrated Circuits Group, Inc. is a People’s Republic of China-based joint stock company listed in Hong Kong and engaged in the semiconductor and integrated circuits sector. The company focuses on designing and supplying advanced chip and microelectronic technologies to support electronics and display-related applications in domestic and international markets.
Average Trading Volume: 812,841
Current Market Cap: HK$161.1B
Learn more about 0501 stock on TipRanks’ Stock Analysis page.