Summary by Moomoo AI
Broadcast Data Limited (the “Company”) announced on 18 March 2024 that Dr. Liu Hui has resigned as a Non-Executive Director and Vice Chairman of the Company without any disagreement with the Company's views or other matters of interest to shareholders. On the same day, Mr. Wang Shuang, Mr. Fan Kai-ye and Mr. Han Xuhu were appointed as Executive Directors, and Ms. Ho Wing Xin was appointed as a Non-Executive Director. The new directors signed a service contract with the company for a period of three years, and Ms. Ho's contract was for one year. The Board of Directors is grateful for Dr. Liu's contribution to his tenure and welcomes the addition of a new Director. However, this personnel change has caused the company to temporarily fail to comply with section 3.10 of the Listing Rules, i.e. the Board requires a sufficient number of independent non-executive directors to identify suitable candidates as soon as possible to comply.