Gaodi Holdings (HKG:1676) Chairman Hu Hongchu resigned, effective Monday, to accommodate his other business commitments, according to a same-day filing with the Hong Kong Stock Exchange.
Chief Executive Officer Li Tingfeng will become chairman in addition to his executive function, the filing said.
The company's shares slipped almost 1% in recent Tuesday trade.
Price (HKD): $1.44, Change: $-0.01, Percent Change: -0.69%
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