Atlantic China Welding Consumables' Chairman Acts as CFO; Shares Drop 3%

MT Newswires Live2024-10-21

Atlantic China Welding Consumables' (SHA:600558) chairman, Zhang Xiaobai, will act as chief financial officer, according to a Shanghai Stock Exchange filing on Saturday.

The board of directors agreed to have Zhang as temporary CFO until a new CFO is elected, the Chinese welding consumables manufacturer said.

Shares of the company dropped more than 3% in recent trade.

Price (RMB): ¥3.96, Change: ¥-0.14, Percent Change: -3.41%

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