Wuliangye Appoints Deng Min as Party Committee Secretary for Group and Listed Company

Deep News06-08 19:50

Deng Min has been appointed as the Party Committee Secretary for both Wuliangye Yibin Co.,Ltd. (ASX: 000858) Group and its listed company entity.

The recommendation has also been made for him to assume the roles of Chairman for both organizations, with the appointments set to take effect following approval through the requisite legal and corporate governance procedures.

In a related development, the board of the listed company convened and agreed to nominate Deng Min as a candidate for non-independent director.

Should he be elected as a director by a shareholder vote, the board intends to hold a subsequent meeting to formally appoint him as the company's Chairman.

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