QILU EXPRESSWAY (01576) Proposes Appointment of Li Tianzhang as Executive Director

Stock News04-30 21:20

QILU EXPRESSWAY (01576) has announced that Mr. Wei Yong has resigned from his positions as Chairman of the company, Executive Director, Chairman of the Board Nomination Committee, and Chairman of the Board Strategy Committee due to work adjustments. He will also no longer serve as the legal representative of the company or as the authorized representative under Rule 3.05 of the Hong Kong Stock Exchange's Listing Rules. His resignation will take effect on April 30, 2026. Following a nomination by the Nomination Committee and deliberation by the Board of Directors, the Board has proposed the appointment of Mr. Li Tianzhang as an Executive Director. His term will commence from the date the appointment is approved by the company's shareholders' meeting and will last until the expiration of the current Board's term. Mr. Wang Lingfang has been appointed as Chairman of the Nomination Committee, with his term effective from April 30, 2026, until the end of the current Board's term. Executive Director Mr. Duan Peng has been appointed as the authorized representative, effective from April 30, 2026.

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