Summary by Moomoo AI
China Postal Savings Bank Co., Ltd. (“Postal Reserve Bank”) held a Board meeting on 29 April 2024 to approve a motion to nominate Mr. Yu Minghung as a candidate for non-executive director. Mr. YU Ming-Hung's nomination will be submitted to the General Meeting for consideration and his qualifications are subject to approval by the State Administration of Financial Supervision. Mr. Yu Ming Hung, if elected, will replace Mr. Liu Yue for a term of three years. Mr. Yu Ming Hung has extensive financial and audit experience and has worked for China Shipbuilding Heavy Industry Group Co., Ltd., and its related enterprises. According to the announcement, Mr. Yu Minghung has not served as a director of any other listed company for the past three years. He is not related to the directors, supervisors, senior managers, major shareholders or controlling shareholders of Postal Bank and does not hold any interest in the shares of the Bank or its associated corporations. Mr. YU Ming-Hung will not receive remuneration from the Post Bank.