Maoye International Holdings Ltd (00848) has announced that Ms. Lu Xiaojuan has tendered her resignation as an executive director of the company, effective from today.

The decision was made to allow Ms. Lu to dedicate more time to her personal commitments. Despite stepping down from the board, Ms. Lu will continue to serve as the company's Chief Financial Officer, ensuring financial leadership remains intact.

This change in the boardroom comes as part of the company's ongoing corporate governance adjustments, with Ms. Lu retaining a key operational role within the organisation.