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Guangzhou Baiyunshan Pharmaceutical Announces Director Resignation

Story Highlights
  • Mr. Wu Changhai resigned from his positions at Guangzhou Baiyunshan Pharmaceutical due to work adjustments.
  • The company will conduct an election to appoint a new director without affecting board operations.
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Guangzhou Baiyunshan Pharmaceutical Announces Director Resignation

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Guangzhou Baiyunshan Pharmaceutical Holdings Company ( (HK:0874) ) has shared an announcement.

Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited announced the resignation of Mr. Wu Changhai from his roles as an executive director, a member of the Nomination and Remuneration Committee, and other positions within its subsidiaries due to work adjustments. His departure does not affect the statutory minimum number of board members or the board’s operations, and an election for a new director will be conducted following statutory procedures. The company expressed gratitude for Mr. Wu’s contributions during his tenure.

More about Guangzhou Baiyunshan Pharmaceutical Holdings Company

Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited is a joint stock company established in the People’s Republic of China, operating in the pharmaceutical industry. The company is involved in the development, production, and sale of pharmaceutical products, focusing on both traditional Chinese medicine and modern pharmaceuticals.

YTD Price Performance: -0.87%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.73B

Find detailed analytics on 0874 stock on TipRanks’ Stock Analysis page.

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