Tianxiangyao 11 (01010) announced that the company has suspended all positions and powers of the company's CEO, Lin Fute ("Mr. Lin"). ...
Tianxiangyao 11 (01010) announced that the company has suspended all positions and powers of the company's CEO, Lin Fute ("Mr. Lin"). As of the date of this announcement, the company has not received any response from Mr. Lin regarding inquiries or communication concerning his absence from the company since May 14, 2024.
Therefore, the company announces that Mr. Lin's position as CEO of the company has been terminated with effect from May 14, 2024 (the "Termination Matter").
The board of directors believes that the Termination Matter will not have an adverse impact on the operation of the group, and the group will continue to carry out its daily business operations. The board of directors is actively seeking suitable candidates with rich knowledge, skills and experience to fill the vacancy after the Termination Matter.