ZHONGJIA GX (00899): Pengwei Wang Appointed as Independent Non-Executive Director
Stock News
Nov 06, 2025
ZHONGJIA GX (00899) announced that all preconditions under the agreement have been fulfilled. The group confirmed receipt of the consideration paid by the buyer, and the disposal was deemed completed on November 6, 2025. Following the completion, the company no longer holds any direct or indirect equity interest in the target company, which ceases to be a subsidiary. The financial performance of the target group will no longer be consolidated into the group's financial statements.
Effective November 6, 2025, Mr. Pengwei Wang has been appointed as an independent non-executive director. Mr. Wang will also serve as a member of the company's audit committee, remuneration committee, and nomination committee.
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