COMEC (00317) has announced a significant leadership transition following a board meeting held on August 25, 2026. At the 22nd session of the company's 11th Board of Directors, it was formally resolved that Mr. Weng Hongbing be elected as the Chairman of the 11th Board.
Mr. Weng will also assume the role of Chairman of the Strategic Committee within the same board term, with his tenure commencing from the date of election and extending until the conclusion of the current board's mandate. In accordance with the company's articles of association, which designate the Chairman as the director responsible for executing corporate affairs and serving as the legal representative, Mr. Weng Hongbing has now assumed the position of legal representative for COMEC.
Owing to this change in responsibilities, Mr. Weng submitted his written resignation from the role of General Manager on the same day, August 25, 2026, which was accepted by the board. The company has not yet announced a successor for the General Manager position.
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