Sanhua Intelligent Controls' CFO Resigns, Names New CFO; Shares Down 3%

MT Newswires Live10-23

Zhejiang Sanhua Intelligent Controls' (SHE:002050, HKG:2050) chief financial officer, Yu Yingkui, resigned due to work arrangements, according to a Shenzhen bourse filing on Friday.

The board of directors appointed Wang Xuemin as the new CFO.

The air conditioning and appliance control components manufacturer's Hong Kong shares fell 3%, while Shenzhen shares slipped 1% during the morning trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment