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Red Star Macalline Announces Resignation of Non-Executive Director

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Red Star Macalline Group Corporation Ltd Class H ( (HK:1528) ) has provided an announcement.

Red Star Macalline Group Corporation Ltd announced the resignation of Mr. ZHENG Yongda as a non-executive director and member of several committees due to work adjustments, effective May 16, 2025. The company assured stakeholders that this resignation will not affect its operations or compliance with statutory requirements, although it will need to appoint a new member to the Remuneration and Evaluation Committee to meet its composition requirements. The company expressed gratitude for Mr. ZHENG’s contributions and plans to make further announcements regarding the committee’s composition.

More about Red Star Macalline Group Corporation Ltd Class H

Red Star Macalline Group Corporation Ltd is a sino-foreign joint stock company incorporated in the People’s Republic of China. It operates within the industry of home furnishing and improvement, focusing on providing a wide range of home decoration and furniture products.

Average Trading Volume: 5,346,412

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$12.4B

Find detailed analytics on 1528 stock on TipRanks’ Stock Analysis page.

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