Peking University Pharmaceuticals announced that the company's board of directors recently received written resignation reports from Chairman and CEO Xu Xiren, and non-independent directors Chen Yuezhong, Bao Tiemin, and Huang Lianjun. Xu Xiren resigned as chairman, non-independent director, president, and relevant special committee positions on the board of directors due to personal reasons; Chen Yuezhong resigned as a non-independent director and member of the Strategy Committee and remained in the company after leaving office; Bao Tiemin and Huang Lianjun resigned as non-independent directors and no longer held any positions in the company after leaving office. The resignation of the above personnel will not cause the number of board members of the company to fall below the minimum required number of members, and will not affect the normal production and operation of the company. The resignation report takes effect from the date it is delivered to the board of directors, and the company will complete the by-election of non-independent directors as soon as possible. As of the date of disclosure of the announcement, none of the above personnel directly or indirectly held the company's shares.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.