Shares of Goldpac Group (03315.HK) plunged 5.94% in pre-market trading on Friday, following a series of announcements that have raised concerns among investors. The sharp decline comes as the company released its full-year financial results and, more significantly, disclosed the resignation of several key executive directors.

In a surprising turn of events, Goldpac Group announced that multiple executive directors, including Hou Ping, Wu Siqiang, Li Yijin, and Lu Runyi, will be resigning or retiring from their positions. This mass exodus of top leadership has sparked uncertainty about the company's future direction and stability, likely contributing to the significant drop in stock price.

Amid these leadership changes, Goldpac Group also reported its financial results for the fiscal year. The company announced a net income of RMB 49.5 million on revenue of RMB 1,095 million. While the company maintained a gross margin of 23.6% and declared a final dividend of HK5.5 cents per ordinary share, these positive aspects seem to have been overshadowed by the executive departures. The market's reaction suggests that investors are more concerned about the potential implications of the leadership changes than they are reassured by the company's financial performance.