Wuhan YZY Biopharma Co., Ltd. Class H (HK:2496) has released an update.
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Wuhan YZY Biopharma Co., Ltd. has announced the proposed removal of Dr. Guo Hongwei as a non-executive director following an investigation into his alleged serious violations of rules and laws, and the nomination of Mr. Wen Zhicheng as his replacement, pending shareholder approval. Mr. Wen brings a wealth of experience in investment management and has held various leadership roles in other companies. The changes are not expected to impact the company’s operations or management.
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