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China Development Bank Financial Leasing Faces Compliance Challenges After Director Resignation

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The latest update is out from China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ).

China Development Bank Financial Leasing Co., Ltd. announced the resignation of Mr. LI Haijian as an independent non-executive director and various committee roles due to changes in work arrangements, effective May 7, 2025. This resignation results in non-compliance with Hong Kong Stock Exchange Listing Rules, as the company now lacks the required number of independent non-executive directors and committee chairpersons. The company plans to address these compliance issues by appointing a suitable replacement within three months.

More about China Development Bank Financial Leasing Co Ltd Class H

China Development Bank Financial Leasing Co., Ltd. operates in the financial leasing industry, focusing on providing leasing services. The company is not authorized to conduct banking or deposit-taking business in Hong Kong and is not under the supervision of the Hong Kong Monetary Authority.

Average Trading Volume: 6,482,616

Technical Sentiment Signal: Hold

Current Market Cap: HK$15.3B

See more data about 1606 stock on TipRanks’ Stock Analysis page.

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