Maanshan Iron & Steel Co., Ltd. (00323) issued an announcement. The company received the resignation of Chairman Ding Yi. Due to his work, Mr. Ding Yi had another job...
Zhitong Finance App News, Maanshan Iron & Steel Co., Ltd. (00323) issued an announcement. The company received the resignation of Chairman Ding Yi. Due to other work arrangements, Mr. Ding Yi decided to resign as a director, chairman of the board's strategy and sustainable development committee, and a member of the board nomination committee after electing a new director by the company's shareholders' meeting, and confirmed that he had no disagreement with the company's board of directors and the company, nor any other matters to be notified to the company's shareholders and creditors.
Ma Gang (Group) Holdings Co., Ltd. (Ma Steel Group), the controlling shareholder of the company, recently recommended Mr. Jiang Yuxiang as a new director. The company held the 21st meeting of the 10th board of directors on April 16, 2024 to review and pass a bill to replace non-independent directors and nominated Mr. Jiang Yuxiang as a candidate for the company's non-independent director. The nomination of Mr. Jiang Yuxiang as a candidate for non-independent director was reviewed and approved by the Board Nomination Committee, and the independent directors agreed to the nomination.
According to relevant regulations, the company submitted Mr. Jiang Yuxiang as a director candidate to the 2024 First Extraordinary General Meeting of Shareholders, which the company plans to hold on May 29, 2024 for review. If approved, his term of office as a director will end on the date of approval of the 10th board of directors of the company (that is, December 1, 2025). Since the end of this shareholders' meeting, Mr. Ding Yi will no longer serve as a director, chairman of the board's strategy and sustainable development committee, and a member of the board nomination committee.