Zhitong Finance App News, Xinhua Joint Investment (08159) issued an announcement. According to company rules, Mr. He Wen, an independent non-executive director, will retire after the recent Annual General Meeting of Shareholders. Mr. He Wen has informed the board that since he wants to invest more time in other business development, he will not be re-elected at the Annual General Meeting of Shareholders.

After his retirement comes into effect at the end of the Annual General Meeting of Shareholders, Mr. He Wen will also cease to be a member of the Audit Committee, Nomination Committee, Remuneration Committee and Executive Committee of the Company.

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