NEXCHIP Proposes Appointment of Yang Guoqing as Non-Executive Director

Stock News08-24 20:16

NEXCHIP (02249) has announced that Ms. Chen Xiaobei intends to resign from her positions as a non-executive director and a member of the nomination committee of the company's second board of directors due to work adjustments. To ensure the board continues to meet gender diversity requirements, Ms. Chen's resignation will take effect on the date when a new female director is elected at the company's shareholders' meeting.

Mr. An Guangshi, who is approaching six years of consecutive service as an independent non-executive director, intends to resign from his roles as independent non-executive director, chairman of the audit committee, and member of the nomination committee in accordance with applicable laws and regulations. His resignation will become effective on the date a new independent non-executive director is elected at the shareholders' meeting.

Following qualification reviews by the nomination committee, the board has proposed (i) the appointment of Ms. Yang Guoqing as a non-executive director and member of the nomination committee, and (ii) the appointment of Mr. Sheng Mingquan as an independent non-executive director, chairman of the audit committee, and member of the nomination committee. Their terms will commence upon approval at the shareholders' meeting and will extend until the conclusion of the second board's term.

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