Times Electric (03898) announced that, according to the China Securities Regulatory Commission's "Provisions on the Appointment of Independent Directors of Listed Companies", independent non-executive directors are not allowed to serve continuously for more than six years in the same listed company. Gao Feng has served as an independent non-executive director for nearly six years, and considering other work matters, Gao Feng has resigned as an independent non-executive director with effect from July 31, 2024.
Zhongtong Finance APP News, Times Electric (03898) announced that, according to the China Securities Regulatory Commission's "Provisions on the Appointment of Independent Directors of Listed Companies", independent non-executive directors are not allowed to serve continuously for more than six years in the same listed company. Gao Feng has served as an independent non-executive director for nearly six years, and considering other work matters, Gao Feng has resigned as an independent non-executive director, effective from July 31, 2024.
After Gao Feng resigned as an independent non-executive director on July 31, 2024, he is no longer a member or chairman of the Audit Committee, Nomination Committee, Technology Innovation Committee or Remuneration Committee of the Board of Directors.
