Board of Sanhua Intelligent Controls Proposes Shi Jianhui as Non-Executive Director Candidate

Stock News06-05

The board of Zhejiang Sanhua Intelligent Controls Co.,Ltd. (ASX: 02050) has announced upcoming changes to its directorship and committee appointments.

Mr. Shi Jianhui will conclude his tenure and step down from his roles as an independent non-executive director, chairman of the Remuneration and Appraisal Committee, and member of the Audit Committee, Nomination Committee, and Strategic Management & ESG Committee on June 7, 2026.

Following Mr. Shi's departure, the company's independent non-executive director, Mr. Ge Jun, has been appointed as the chairman of the Remuneration and Appraisal Committee and a member of both the Audit and Nomination Committees, effective from June 8, 2026.

In a separate move, the board reviewed and passed relevant proposals on June 5, 2026. It has nominated Mr. Shi Jianhui as a candidate for non-executive director of the company's eighth board of directors, and nominated Mr. Shao Shuangquan as a candidate for independent non-executive director of the same board.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment