MMG Limited (1208) has disclosed that its Non-Executive Director and Chairman, Mr. Xu Jiqing, will step down from both roles at the conclusion of the board meeting scheduled on 2 December 2025. His decision aims to allow him to focus on other responsibilities as Vice President of China Minmetals Corporation.

Mr. Xu confirmed there is no disagreement with the board and no matter that requires further attention from shareholders or regulators. MMG Limited plans to appoint a new Chairman at a future board meeting and expressed gratitude for Mr. Xu’s contributions to the company.