Former Directors of China Health Technology Group Face Disciplinary Action by Hong Kong Stock Exchange

Reuters
05-28
Former Directors of China Health Technology Group Face Disciplinary Action by Hong Kong Stock Exchange

The Stock Exchange of Hong Kong Limited has taken disciplinary action against two former directors of China Health Technology Group Holding Company Limited, previously known as China Bozza Development Holdings Limited (Stock Code: 1069). The Exchange issued a Director Unsuitability Statement and censured Mr. Wang Yue, a former executive director, and Ms. Tian Guangmei, a former independent non-executive director, deeming them unsuitable for any director or senior management roles within the company or its subsidiaries. This action follows their involvement in the approval and extension of loans totaling HK$138.3 million between 2015 and 2019, alongside their failure to cooperate with the Exchange's investigation. The disciplinary measures are solely applicable to the two individuals and not to the company or its other directors. The announcement was made on May 28, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Health Technology Group Holding Co. Ltd. published the original content used to generate this news brief on May 28, 2025, and is solely responsible for the information contained therein.

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