[Caihua Social News] des Holdings (08437.HK) announced that the board of directors has passed a resolution in accordance with Article 86 (3) of the articles of association to remove Mr. Liu Yang from the post of executive director. Mr. Liu has ceased to be an executive director and co-chairman of the board of directors with effect from January 10, 2022.
Dr. Xiao Ruihao has resigned as an executive director of the company and a member of the Remuneration Committee with effect from January 10, 2022. Mr. he Weiqing has been appointed as an executive director and a member of the Remuneration Committee with effect from 10 January 2022.