BAIC MOTOR Proposes Appointment of Xiao Jiajin as Non-Executive Director
Stock News
Jun 23
The board of BAIC MOTOR (HKEX: 01958) has announced that Mr. Gu Tiemin will step down from his positions as a non-executive director and a member of the board remuneration committee due to a change in his work arrangements.
This change will take effect from the date the appointment of a new director is approved.
The board has put forward a proposal to appoint Mr. Xiao Jiajin as a non-executive director and further recommends his election as a member of the remuneration committee.
All terms of appointment are set to commence from the date of approval at the shareholders' meeting and will last until the conclusion of the fifth board of directors' term.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.