Shenzhen Stock Exchange listed company Hunan Valin Steel Co.Ltd(000932) (hereinafter referred to as " Hunan Valin Steel Co.Ltd(000932) ", 000932. SZ) announced today that the board of directors of the company recently received the written resignation of chairman and general manager Cao Zhiqiang. Due to work adjustment, Cao Zhiqiang applied to resign from his position as chairman, director, member and convener of the seventh board of directors, member of nomination and salary assessment committee and general manager of the company.
Hunan Valin Steel Co.Ltd(000932) said that according to the company law and the articles of association, Cao Zhiqiang's resignation did not cause the number of members of the board of directors of the company to be lower than the legal minimum, and his resignation application shall take effect from the date of reaching the board of directors of the company. After Cao Zhiqiang resigns, he will no longer hold any other position in the company.
Hunan Valin Steel Co.Ltd(000932) said that as of the disclosure date of the announcement, Cao Zhiqiang did not hold the company's shares. The work of Cao Zhiqiang has been handed over, and his resignation will not affect the normal progress of the company's production and operation and related work. At present, the company is promoting the follow-up work such as by election of directors, election of new chairman and appointment of general manager in accordance with legal procedures.
