On January 12, Yango Group Co.Ltd(000671) (000671. SZ) announced that the board of directors and the board of supervisors of the company received a written resignation report from Zhong Changhao, a director nominated by Huaxia Life Insurance Co., Ltd. (hereinafter referred to as “Huaxia life”). Zhong Changhao applied to the board of directors of the company for resignation as a director of the 10th board of directors of the company due to the work arrangement of Huaxia life. After his resignation, he will not hold any other position in the company.
Yango Group Co.Ltd(000671) said that Zhong Changhao’s resignation as a director of the company will not cause the number of the board of directors of the company to be lower than the quorum and will not affect the normal operation of the board of directors of the company. According to the relevant provisions of the company law, the guidelines for the standardized operation of companies listed on the main board of Shenzhen Stock Exchange and the articles of association, the resignation report will take effect from the date it is delivered to the board of directors of the company.
According to the Yango Group Co.Ltd(000671) 2021 interim report, Huaxia life holds 107973715 Yango Group Co.Ltd(000671) ordinary shares, accounting for 2.61% of the total share capital, ranking the third largest shareholder after Taikang. At present, Huaxia life has not reduced its holdings of Yango Group Co.Ltd(000671) shares. Whether it will continue to send directors remains to be announced by Yango Group Co.Ltd(000671) .
It is noteworthy that the previous Yango Group Co.Ltd(000671) board of directors had 8 members, including Lin Tengjiao, Zhu Rongbin, He Mei, Lin Yihui, Liao Jianfeng, Chen Yilun, Jiang Jiali and Zhong Changhao. In less than a month, Chen Yilun, Jiang Jiali, Zhu Rongbin and Zhong Changhao resigned successively, and the number of directors on the Yango Group Co.Ltd(000671) board of directors was only 4, which has been halved.
