Securities code: 000526 securities abbreviation: Xueda (Xiamen) Education Technology Group Co.Ltd(000526) Announcement No.: 2022-008 XueDa (Xiamen) Education Technology Group Co., Ltd
Announcement on the resignation of independent directors
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
The board of directors of XueDa (Xiamen) Education Technology Group Co., Ltd. (hereinafter referred to as “the company”) recently received a written resignation report submitted by Mr. Li Yuanxu, an independent director. According to the rules for independent directors of listed companies, the company’s working system for independent directors and other relevant provisions, the term of re-election of independent directors in a listed company shall not exceed six years. Mr. Li Yuanxu has served as an independent director of the company for six consecutive years, so he applies to resign as an independent director of the company and the corresponding positions of the strategy committee, audit committee and remuneration and assessment committee of the board of directors. After his resignation, Mr. Li Yuanxu no longer held any position in the company and its holding subsidiaries. Mr. Li Yuanxu confirmed that during his tenure, he did not express different opinions on the contents of the resolutions of the board of directors of the company, nor did he need to notify the shareholders of the company of any other matters. As of the date of this announcement, Mr. Li Yuanxu did not hold any shares of the company, nor did he have any commitments that should be fulfilled but not fulfilled.
Due to the resignation of Mr. Li Yuanxu, the number of members of the board of directors is lower than the minimum number specified in the articles of association. According to the relevant provisions of the company’s independent director working system, Mr. Li Yuanxu’s resignation report will take effect after the new independent director is elected by the company’s general meeting. Before that, Mr. Li Yuanxu will continue to perform his duties. The board of directors of the company will complete the by election of new independent directors as soon as possible in accordance with legal procedures.
The board of directors of the company expressed heartfelt thanks to Mr. Li Yuanxu for his contribution to the standardized operation and healthy development of the company during his tenure.
It is hereby announced.
Board of directors of XueDa (Xiamen) Education Technology Group Co., Ltd
February 19, 2022
