Heng Wan Technology (01523): Yu Jiantian will resign as independent non-executive director

Zhitongcaijing · 2d ago

According to Zhitong Finance App News, Hengwan Technology (01523) issued an announcement. The following is effective from October 1, 2026: Dr. Yu Jiantian (Dr. Yu) and Mr. Wen Sicong (Mr. Wen) have served on the board of directors for 10 years, and in view of the introduction of a nine-year term limit for independent non-executive directors in the “Corporate Governance Code”, they have resigned as independent non-executive directors of the Company and members of the Audit Committee, Remuneration Committee and Nomination Committee of the Company's board of directors. (2) Mr. Ho Chi Lam (Mr. Ho) has served on the board of directors for 10 years and has also resigned as an independent non-executive director of the Company and a member of the Audit Committee of the Board of Directors of the Company in view of the introduction of a nine-year term limit for independent non-executive directors in the Corporate Governance Code.