Zhitong Finance App News, Dexiang Xinyun Computing Power (00199) issued an announcement. The following resignations of independent non-executive directors will take effect from November 6, 2026: Mr. Pang Ming-tung has proposed to resign as an independent non-executive director because he wants to invest more time in his current work at the Hong Kong Travel Industry Council; and Mr. Chen Zhenhong has proposed to resign as an independent non-executive director because he believes he has no expertise related to the new business line developed by the Group within the past 12 months, and this business line requires a new skill set and deep technical knowledge.
The Board further announced that after Mr. Yu and Mr. Chen resigned as independent non-executive directors, from November 6, 2026: Mr. Pang will no longer serve as Chairman of the Company Audit Committee, Chairman of the Company Remuneration Committee, member of the Company Nomination Committee and member of the Company's Environmental, Social and Governance Committee; Mr. Chen will no longer be a member of the Environmental, Social and Governance Committee; Ms. Wang Siyan has been reappointed as Chairman of the Remuneration Committee to replace Mr. Peng; and Ms. Kong Shanna has been appointed as the respective members of the Audit Committee and Nomination Committee.
The board of directors also announced that Dr. Chen Guoqiang, the company's executive director, has been reassigned from Co-Vice Chairman of the Board to Vice Chairman, effective November 6, 2026. Dr. Chen will continue to serve as Executive Director.