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GL-Carlink Announces Resignation of Non-Executive Director Amid Regulatory Penalty

Story Highlights
  • GL-Carlink announced the resignation of Mr. Cui Changsheng as a non-executive director.
  • Mr. Cui faced a regulatory penalty and a five-year market ban by the China Securities Regulatory Commission.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GL-Carlink Announces Resignation of Non-Executive Director Amid Regulatory Penalty

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The latest announcement is out from GL-Carlink Technology Holding Limited ( (HK:2531) ).

GL-Carlink Technology Holding Limited announced the resignation of Mr. Cui Changsheng from his position as a non-executive director due to personal reasons, effective October 13, 2025. This resignation follows an administrative penalty imposed on Mr. Cui by the China Securities Regulatory Commission for violations of the Securities Law, resulting in a fine, forfeiture of illegal gains, and a five-year ban from the securities market. The company expressed gratitude for Mr. Cui’s contributions and confirmed no disagreements between him and the board.

The most recent analyst rating on (HK:2531) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on GL-Carlink Technology Holding Limited stock, see the HK:2531 Stock Forecast page.

More about GL-Carlink Technology Holding Limited

GL-Carlink Technology Holding Limited is a company incorporated in the Cayman Islands, operating within the technology sector. The company, along with its subsidiaries, focuses on providing technology solutions, although specific products or services are not detailed in the announcement.

Average Trading Volume: 526,893

Technical Sentiment Signal: Sell

Current Market Cap: HK$5.1B

For an in-depth examination of 2531 stock, go to TipRanks’ Overview page.

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