Anhui Expressway announced that independent director Zhang Jianping has applied to resign from his positions as independent non-executive director of the company's tenth board of directors and from several board committees, as his consecutive term is about to reach six years. Zhang Jianping has served as an independent director since August 17, 2020, and his term will expire on August 16, 2026. After his resignation takes effect, he will no longer hold any position at the company. The announcement shows that his resignation will cause the proportion of independent directors on the board to fall below one third. Until a new independent director is elected by the shareholders' meeting, Zhang Jianping will continue to perform his relevant duties.
Anhui Expressway Co LtdIndependent director resignation due to term expiry, board composition temporarily below requirement.
