China Aoyuan Confirms Completion of Mandatory Director Training

Stock News03-25

China Aoyuan (03883) has announced with reference to a disciplinary action statement issued by The Stock Exchange of Hong Kong Limited on January 13, 2026. The statement detailed disciplinary actions taken by the Exchange against the company's former and current directors. As outlined in the statement, the Exchange directed Mr. Guo Ziwen, Mr. Zhang Guoqiang, and Mr. Li Jingbo to complete 17 hours of training on regulatory and legal issues, as well as compliance matters under the Listing Rules, within 90 days from the date of the statement's publication. This training included 2 hours on Rule 2.13 of the Listing Rules and 3 hours each on (i) directors' duties and (ii) the Corporate Governance Code.

Other former directors of the company, namely Mr. Zhang Jun, Mr. Ma Jun, Mr. Chen Jiayang, and Mr. Hu Jiang, were also instructed to undergo 17 hours of director training. This training is a prerequisite for any future appointment as a director of any listed company or a company seeking a listing on the Exchange.

The company hereby confirms that Mr. Guo, Mr. Zhang, Mr. Li, Mr. Zhang Jun, Mr. Ma, Mr. Chen, and Mr. Hu have each completed the required 17 hours of director training within the specified period. The training was provided by an institution approved by the Exchange. Furthermore, the company has submitted comprehensive written proof of full compliance, issued by the training institution, to the Exchange.

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