China Electronics Huada Technology (HKG:0085) Chairman Xu Haidong resigned due to work arrangements, according to a Tuesday filing with the Hong Kong bourse.
Sun Jie will succeed Xu as the new board chairman. Both changes are effective Tuesday.
The integrated circuit chip designer's stock was down by about 2% in recent trading.
Price (HKD): $1.03, Change: $-0.020, Percent Change: -1.90%
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