Luxin Venture Capital announced that independent director Zhang Zhiyong has resigned from his roles as independent director, chairman of the board nomination committee, and member of the remuneration and assessment committee, due to having served six consecutive years. The resignation will take effect after the shareholders' meeting elects a new independent director. The company's 12th board of directors has nominated Zhang Hong as an independent director candidate at its 13th meeting, with the term starting from the date of approval by the shareholders' meeting until the end of the 12th board's term. His qualification has been reviewed by the Shanghai Stock Exchange with no objections.
Luxin Venture Capital Group Co LtdBoard governance change; no direct business impact.
