Liu Jiguo has resigned as First Tractor's (SHA:601038, HKG:0038) chairman and a director among other roles due to his age, a July 5 filing on the Hong Kong bourse said.
Director Wei Tao has been selected to perform the duties of chairman until a new chairman is named, according to the manufacturer of harvesting machines.
Hong Kong- and China-listed shares of the company closed nearly 6% and 3% lower on Monday.
Price (HKD): $6.81, Change: $-0.35, Percent Change: -4.89%
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