Huasheng Shares (600156): Resignation Of Chairman, Resignation Of Directors And By Election Of Directors

Huasheng (600156) announced on April 28 that the board of directors of the company recently received a written resignation report submitted by Mr. Xiao Qunfeng, chairman of the board of directors. Mr. Xiao Qunfeng applied to resign from the position of chairman and director of the eighth board of directors of the company due to work adjustment, and accordingly resigned from the position of convener of strategy committee of the board of directors. Mr. Xiao Qunfeng will no longer hold any position in the company after his resignation.

According to the relevant provisions of the company law and the articles of association, Mr. Xiao Qunfeng's resignation will not cause the number of members of the company's board of directors to be lower than the legal minimum number, and will not affect the normal operation of the company's board of directors. His resignation application will take effect from the date when it is delivered to the board of directors.

The company will complete the by election of directors and chairman as soon as possible. Before the election of the new chairman, Mr. Liu Guohua, vice chairman of the company, will perform the duties of chairman in accordance with the provisions of the articles of association.

The board of directors of the company recently received a written resignation report submitted by Mr. Yi Jianjun, a director of the company. Mr. Yi Jianjun applied to resign from the position of vice chairman, director, member of strategy committee and chief financial officer due to work adjustment.

According to the company law of the people's Republic of China, the articles of association and other relevant provisions, Mr. Yi Jianjun's resignation will not cause the number of members of the company's board of directors to be lower than the legal minimum number, and will not affect the normal operation of the company's board of directors. His resignation report will take effect from the date when it is delivered to the board of directors. According to the relevant provisions of the articles of association, the company will elect new directors as soon as possible in accordance with the legal procedures.

In order to improve the corporate governance structure and ensure the standardized operation of the board of directors of the company, according to the company law, the articles of association and other relevant provisions, after the recommendation of the company's controlling shareholder Hunan Huasheng Group Co., Ltd., and the examination of the nomination committee of the board of directors, the board of directors of the company nominated Mr. Liu Zhigang and Mr. Sun Chuang (resume attached) as candidates for non independent directors of the eighth board of directors of the company.

The company held the 11th meeting of the eighth board of directors on April 27, 2022, deliberated and passed the proposal on by election of non independent directors, and agreed to nominate Mr. Liu Zhigang and Mr. Sun Chuang as candidates for non independent directors of the eighth board of directors of the company. The term of office is from the date of deliberation and approval of the general meeting of shareholders to the expiration date of the eighth board of directors. The matter still needs to be submitted to the general meeting of shareholders of the company for deliberation.

enclosure:

Resume of director candidates

Liu Zhigang, male, born in June 1971, with a postgraduate degree and a Bachelor of law degree, senior economist and lawyer, started work in July 1993. He served as deputy general counsel of the Party committee and general manager of Hunan state owned investment Co., Ltd. He is currently a member of the Party committee, deputy general manager and general counsel of Hunan state owned Assets Management Group Co., Ltd., Secretary of the Party committee and chairman of the board of directors of Hunan Huasheng Group Co., Ltd., and Secretary of the Party committee of Hunan Huasheng Co., Ltd.

Sun Chuang, male, born in June 1973, MPAcc, senior accountant, started work in August 1995, successively served as director of legal audit department, director of asset management and reform department and chief economist of Hunan state owned assets management and Management Co., Ltd. He is currently the chief economist of Hunan state owned Assets Management Co., Ltd., deputy secretary and general manager of the Party committee of Hunan Huasheng Group Co., Ltd., and Deputy Secretary of the Party committee of Hunan Huasheng Co., Ltd.