Summary by Moomoo AI
Kaisa Group Holdings Limited announced that Mr. Sun Yunan will retire on September 12, 2024, ending over 23 years of service. Mr. Sun will resign as Vice Chairman of the Board, Executive Director, and Authorized Representative, and will serve as Senior Advisor to the Group. At the same time, the company announced that Ms. Luo Tingting, Mr. Song Wei, and Mr. Liu Lihao will assume the positions of Executive Directors on the same day. Ms. Luo will also become the Authorized Representative. In addition, the composition of the board of directors will no longer be exclusively of a single gender, in compliance with the diversity requirements of the listing rules. However, the current number of independent non-executive directors on the board is less than one-third as required. The company has committed to filling the relevant positions within three months.
