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ShiFang Holding Faces Board Compliance Challenge

ShiFang Holding Faces Board Compliance Challenge

ShiFang Holding Limited (HK:1831) has released an update.

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ShiFang Holding Limited has announced the retirement of Mr. Mao Xiangyun as an independent non-executive director, which has led to non-compliance with Hong Kong Stock Exchange listing rules requiring a minimum number of independent directors. The company is actively seeking a suitable replacement to address this issue and comply with regulations.

For further insights into HK:1831 stock, check out TipRanks’ Stock Analysis page.

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