Economic Information Daily, special report on the 2nd: Yinjian International (00171) announced that it received a letter from the HKEX on Tuesday (29th), containing guidance regarding the suspension of trading of its shares.
In addition, the group stated that, effective yesterday, Zhang Lu resigned as independent non-executive director, chairman of the Remuneration Committee, and member of both the Audit Committee and the Nomination Committee, due to the need to devote more time to other matters; and independent non-executive director Zeng Wenyin will be appointed as chairman of the Remuneration Committee. Zhang Lu confirmed that there are no disagreements with the Board, and no matters relating to his resignation that need to be brought to the attention of shareholders. The group stated that following his resignation, it will not comply with 5 provisions of the Listing Rules, and will seek to fill the vacancy within 3 months.
The HKEX, acting on instructions from the SFC, has suspended trading of the group's shares on the HKEX since last Friday (25th), and trading will remain suspended until further notice. (wh)
In addition, the group stated that, effective yesterday, Zhang Lu resigned as independent non-executive director, chairman of the Remuneration Committee, and member of both the Audit Committee and the Nomination Committee, due to the need to devote more time to other matters; and independent non-executive director Zeng Wenyin will be appointed as chairman of the Remuneration Committee. Zhang Lu confirmed that there are no disagreements with the Board, and no matters relating to his resignation that need to be brought to the attention of shareholders. The group stated that following his resignation, it will not comply with 5 provisions of the Listing Rules, and will seek to fill the vacancy within 3 months.
The HKEX, acting on instructions from the SFC, has suspended trading of the group's shares on the HKEX since last Friday (25th), and trading will remain suspended until further notice. (wh)
