News summary
Huaxin Cement's board of directors reorganizedwwwbingo, the terms of office of seven executive and non-executive directors including Li Yeqing were extended to 2024.
Newsletter text
Huaxin Cement Co., Ltd.(06655wwwbingo.HK) announced a board reorganization plan at the annual general meeting that will make major adjustments to the company's senior management team.
Mr. Li Yeqing and Mr. Liu Fengshan were re-elected and appointed as executive directors of the 11th Board of Directors. At the same time, Mr. Xu Yongmo, Mr. Martin Kriegner, Mr. Luo Zhiguang and Ms. Chen Tinghui also went through the same re-election process and became non-executive directors of the board of directors. Mr. Huang Guanqiu, Mr. Zhang Jiping and Mr. Jiang Hong were also re-elected and appointed as independent non-executive directors of the Board. These appointments will be officially effective from May 21, 2024 until the end of the term of the 11th Board of Directors. This series of personnel changes will undoubtedly have a profound impact on the future development of Huaxin Cement. The newly appointed directors will participate in the company's high-level decision-making and lead the company to new strategic heights. The company's move sends a positive signal, demonstrating management's confidence in the company's future and its ability to adapt when faced with industry challenges. By enriching the board of directors, Huaxin Cement is expected to remain competitive in the market while optimizing its internal governance structure. As an investor, paying close attention to the changes in the board of directors of Huaxin Cement is one of the important factors in evaluating the company's future development and potential investment opportunities. The details of this series of executive appointments are the focus of close attention for market analysts and decision makers. In the future, investors expect Huaxin Cement to show stronger development momentum and achieve better performance in the capital market under the leadership of the new board of directors.
