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GREEN LEADER HOLDINGS GROUP LIMITED 綠領控股集團有限公司
(Incorporated in Bermuda with limited liability)
(Stock Code: 61)
(1) RESIGNATION OF DIRECTORS;
AND
(2) RE-DESIGNATION OF DIRECTORS
The Board of the Company announces that, with effect from 5 August 2019:
(1) Mr. Zou Chengjian has resigned as a non-executive Director;
(2) Mr. Zhou Chunsheng has resigned as an independent non-executive Director, the member of each of the audit committee, remuneration committee and nomination committee of the Company;
(3) Ms. Zhang Tingting, an executive Director, has been re-designated as the member of each of the remuneration committee and the nomination committee of the Company; and
(4) Mr. Lyu Guoping, an independent non-executive Director, has been re-designated as the member of the audit committee of the Company.
RESIGNATION OF DIRECTORS
The board (the "Board") of directors (the "Directors") of Green Leader Holdings Group Limited (the "Company") announces that, with effect from 5 August 2019:
Mr. Zou Chengjian ("Mr. Zou") has tendered his resignation as a non-executive Director having reached the age of 77; and
Mr. Zhou Chunsheng ("Mr. Zhou") has tendered his resignation as an independent non-executive Director, the member of each of the audit committee, remuneration committee and nomination committee of the Company for other business engagements which require more of his dedication.
Mr. Zou and Mr. Zhou both have confirmed that there is no claims whatsoever against the Company for fees, compensation for loss of office, remuneration, severance payments, pension, expenses or otherwise and there are no disagreement with the Board and they are not aware of any matters that need to be brought to the attention of the Company's shareholders or The Stock Exchange of Hong Kong Limited (the "Stock Exchange") in relation to their resignation.
The Board would like to express its sincere gratitude to Mr. Zou and Zhou for their valuable contribution to the Company during their tenure of office.
RE-DESIGNATION OF DIRECTORS
Change of the composition of audit committee, nomination committee and remuneration committee of the Company
The Board announces that, with effect from 5 August 2019, following the resignation of Mr. Zhou, Ms. Zhang Tingting ("Ms. Zhang"), an executive Director, has been appointed as the member of each of the remuneration committee and nomination committee of the Company and Mr. Lyu Guoping ("Mr. Lyu"), an independent non-executive Director, has been appointed as the member of the audit committee of the Company.
Set out below are the biographical profiles of Ms. Zhang and Mr. Lyu:
Ms. Zhang Tingting
- Executive Director (the member of each of the remuneration committee and the nomination committee of the Company)
Ms. Zhang, aged 35, holds a bachelor's degree in business administration from Chongqing University of Technology and a postgraduate diploma in project management from China University of Mining and Technology (Beijing). Ms. Zhang currently is the chairman of 山西唐納 文化傳媒有限公司 (Shanxi Tangna Culture Media Co., Ltd.*). She served as financial manager of China Everbright Bank, deputy general financial manager of 山西能源產業集團房地產開發有限 公司 (Shanxi Energy Industry Group Real Estate Development Co., Ltd.*) and the executive director of 山西澳寶投資諮詢有限公司 (Shanxi Aobao Investment Consulting Co., Ltd.*).
The term of Ms. Zhang's service as an executive Director is subject to re-election at the forthcoming Company's general meeting and retirement by rotation in accordance with the provisions of the Company's bye-laws. The director's fees of Ms. Zhang under her appointment letter are HK$50,000 per month.
Mr. Lyu Guoping
- Independent non-executive Director (the member of the audit committee of the Company)
Mr. Lyu, aged 55, holds a bachelor's degree in geology from China University of Geosciences and a doctorate in economics from Nankai University. Since 2013, Mr. Lyu has served as the chief executive officer of International Standard Resources Holdings Limited (Hong Kong listed company, Stock Code: 00091), a vice executive president of 香港江西社團（聯誼）總會 (the Hong Kong Jiangxi Society (Entertainment) Association*), a honorary president of 香港江西九江 聯會 (the Hong Kong Jiangxi Jiujiang Federation*) and an executive director of 九江企業家香港 聯合會 (Jiujiang Entrepreneur Hong Kong Federation*).
He has over 25 years of experience in administration, international business, law and policy, corporate management, geology and mineral exploration, jewelry and gems, asset acquisition, energy exploration, journalism and natural resources management. He has held leadership positions in the central national government for many years and has also served as deputy general manager of China Resources Coal Holdings Corporation Limited.
The term of Mr. Lyu's service as an independent non-executive Director is subject to re-election at the forthcoming Company's general meeting and retirement by rotation in accordance with the provisions of the Company's bye-laws. The director's fees of Mr. Lyu under his appointment letter are HK$14,000 per month.
The emoluments of Ms. Zhang and Mr. Lyu are determined by the Board based on the recommendation from the Company's remuneration committee with reference to the performance and profitability of the Company as well as their personal performance, remuneration benchmark in the industry and the prevailing market conditions and will be reviewed from time to time.
Save as disclosed above, Ms. Zhang and Mr. Lyu have not held any directorship in any other publicly listed companies, the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; and they do not have any relationship with any other Directors, senior management, substantial or controlling shareholders of the Company. Save as disclosed, Ms. Zhang and Mr. Lyu do not have, nor is deemed to have any interests or short positions in any shares, underlying shares or debentures (within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong)) of the Company as at the date of this announcement.
Save as disclosed above, there are no other matters concerning the above mentioned that need to be brought to the attention of the Company's shareholders nor is there other information that is required to be disclosed pursuant to the requirements of Rule 13.51(2) of the Rules Governing the Listing of Securities on the Stock Exchange.
Hong Kong, 5 August 2019
As at the date of this announcement, the Directors are:
Executive Directors
Mr. Zhang Sanhuo
Mr. Tse Michael Nam (Chief Executive Officer) Ms. Zhang Tingting
Independent non-executive Directors
Ms. Leung Yin Fai
Mr. Leung Po Wing, Bowen Joseph GBS, JP Mr. Lyu Guoping
* For identification purpose only
By the order of the Board of Green Leader Holdings Group Limited
Ms. Zhu Zheyu
Chairman
Non-executive Directors
Ms. Zhu Zheyu (Chairman) Mr. Chang Che-Fa