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Ruixin International Faces Compliance Challenge After Director Resignation

Ruixin International Faces Compliance Challenge After Director Resignation

Ruixin International Holdings Ltd. (HK:0724) has released an update.

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Ruixin International Holdings Ltd. has announced the resignation of Mr. Ho Chi Fai from his role as an independent non-executive director and other committee positions, effective November 4, 2024, to focus on other commitments. This resignation leaves the company below the minimum required number of independent non-executive directors as per Hong Kong Stock Exchange rules. The company is actively seeking a replacement to maintain compliance with listing regulations.

For further insights into HK:0724 stock, check out TipRanks’ Stock Analysis page.

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