Zhitong Finance App News, Zhongwei Finance (00245) issued an announcement. On January 28, 2024, the company received a letter of complaint from a shareholder of the company containing (including) allegations of misconduct against Lin Le, the current executive director of the company and chairman of the company's board of directors. The Board of Directors has approved and resolved to establish an investigation committee to investigate matters relating to the complaint letter.
As of the date of this announcement, although the results of the investigation are still pending, in order to allay any possible concerns of the company's shareholders and members of the public, most members of the board of directors have decided to suspend all positions and powers of Lin Le as chairman of the board of directors, effective from February 22, 2024 until the investigation is completed.
Most members of the board of directors further resolved to appoint Dulina, the company's executive director, as acting chairman of the board of directors, effective from February 22, 2024 until the investigation is completed. Dulina served as acting chairman to fill the vacancy caused by the suspension of Lin Le's position and powers as Chairman of the Board.
Due to the suspension of Lin Le's duties and powers as the chairman of the board of directors and the appointment of Dulina as acting chairman, most members of the board of directors made further decisions. Dolina has been appointed as the chairman of the board nomination committee, and Lin Le is no longer the chairman of the nomination committee, effective from February 22, 2024.
Most members of the board of directors further resolved that Lin Le will no longer act as the company's authorized representative for the purposes of section 3.05 of the listing rules, effective February 22, 2024, while Dolina (as acting chairman and executive director of the company) has been appointed as the company's authorized representative for the purposes of section 3.05 of the listing rules, effective from February 22, 2024.