Jihai Gold (02489): Dr. Malaihollo appointed as Chairman of the Board

Zhitongcaijing · 1d ago

According to Zhitong Finance App, Jihai Gold (02489) issued an announcement. Dr. Shao Xuxin has proposed to resign as chairman of the board of directors due to personal health reasons. Accordingly, the Company has made the following arrangements:

(1) Dr. Shao has stepped down as Chairman with effect from July 27, 2026, but will continue to serve as the Company's Executive Director and Chief Executive Officer, as well as a member of the Company's Nomination Committee and Remuneration Committee. (2) Executive Director Dr. Malaihollo Jeffrey Francis A (Dr. Malaihollo) has been appointed as Chairman with effect from July 27, 2026. Dr. Malaihollo will lead the Board of Directors, oversee the Group's overall strategic direction, and ensure the effectiveness of corporate governance and board performance. Dr. Malaihollo has also been appointed as the Chairman of the Nomination Committee with effect from July 27, 2026.

In response to the transfer of Dr. Shao as described above, he will resign as Chairman of the Nomination Committee, but will remain a member of the Nomination Committee. Dr. Malaihollo will be appointed as the Chairman of the Nomination Committee with effect from July 27, 2026.