AI Energy Engineering's CEO Resigns; Successor Named

MT Newswires Live

05/18

AI Energy Engineering (HKG:1751) said Vice Chairman and Chief Executive Officer Cheung Shek On resigned effective May 15 to focus on the group's demolition business at the subsidiary level, according to a same-day Hong Kong bourse filing.

Shares of the concrete demolition service provider fell nearly 8% in Monday's late morning trade.

The company appointed Chairman Cao Yifan as chief executive officer to succeed Cheung.

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