Zhongchang International Holdings Group Limited (stock code: 00859) has disclosed a board reshuffle effective 17 March 2026. Non-executive director Huang Qiang stepped down due to other career commitments, confirming no disagreements with the board and no issues requiring shareholder attention.
Effective the same date, Wu Jun, aged 43, has been appointed non-executive director. Wu joined China Cinda (HK) Holdings Company Limited in May 2021 and currently serves as Head of the Special Opportunities Investment Department and Managing Director. He previously held senior investment roles at Ping An Securities (2010-2014) and China Huarong International Holdings (2014-2021). Wu holds a Master of Finance from Nankai University (2010).
Both Cinda Hong Kong and its parent China Cinda Asset Management Co., Ltd. are substantial shareholders of Zhongchang International whose shareholdings are reportable under Hong Kong’s Securities and Futures Ordinance.
Appointment terms: • Tenure: 17 March 2026–16 March 2028, subject to retirement and re-election at AGM • Remuneration: no fixed pay upon appointment; director’s fee to be set by the board based on the remuneration committee’s recommendation • Notice period: minimum one month by either party for early termination
Following the change, the board comprises: – Executive Directors: Chen Zhiwei (Chairman), Ku Ka Lee, Wu Hao – Non-Executive Directors: Wu Jun, Wong Chi Keung, Kenjie, Yu Dan – Independent Non-Executive Directors: Liew Fui Kiang, Liu Xin, Yip Tai Him
The board expressed gratitude to the outgoing director and welcomed Wu Jun’s appointment.
Comments