CRE Announces Executive Director's Departure Amid Ongoing Trading Halt
Reuters
Jul 22
CRE Announces Executive Director's Departure Amid Ongoing Trading Halt
China Rare Earth Holdings Limited has announced changes in its management. The office of executive director Mr. Jiang Quanlong has been vacated following a report revealing his significant outstanding debts exceeding RMB200 million. The company's board has initiated an independent investigation after receiving a complaint from an employee. Trading of the company's shares remains halted on the Stock Exchange since June 18, 2025, until further notice. The current board includes executive director Ms. Guo Jinying and independent non-executive directors Mr. Man Kong Yui, Mr. Kang Shuaijie, and Mr. Yip Tze Wai Albert.
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