Bestar Holdings (01168) issued an announcement that Xiang Yabo will take turns to retire as executive director and will no longer serve as the company's chairman or business...
Zhitong Finance App News, Baishida Holdings (01168) issued an announcement. Xiang Yabo will retire as executive director on a rotational basis and will no longer serve as the company chairman, CEO, member of the company's remuneration committee and nomination committee, authorized representative and legal procedure agent, effective from the end of the annual shareholders' meeting; Chen Wei will retire as an executive director on a rotational basis; Ou Yaping will retire from the position of non-executive director to executive director at the end of the current annual shareholders' meeting; Deng Ruimin has been transferred from the position of non-executive director to executive director., and was appointed as Chairman, Chief Executive Officer, A member of the Company's Remuneration Committee and Nomination Committee, authorized representative and agent for legal process documents, took effect after Xiang Yabo's retirement at the end of the annual general meeting of shareholders; and the board of directors recommended the appointment of Ou Jinyao as a non-executive director to enhance and strengthen the composition of the board of directors and the development of the company. Ou Jinyao's appointment must be approved by shareholders in the form of an ordinary resolution at the recent annual general meeting of shareholders. If approved, it will take effect from the end of the annual general meeting of shareholders.