Corporate GovernanceJul 1, 2026, 11:16 AM
Graphex Group Appoints New INED Ms. Li Yu; Board Committee Changes & AGM Results
AI Summary
Graphex Group Limited announced the appointment of Ms. Li Yu as an Independent Non-Executive Director (INED) and changes to its Board Committee composition, effective June 30, 2026. Ms. Li will join the Audit, Nomination, and Remuneration Committees, which helps the company re-comply with Listing Rules. Additionally, the company reported the poll results from its Annual General Meeting (AGM) held on June 29, 2026, where all proposed resolutions, including director re-elections and share mandates, were duly passed.
Key Highlights
- Ms. Li Yu appointed as Independent Non-Executive Director (INED) effective June 30, 2026.
- Ms. Li will serve as a member of the Audit, Nomination, and Remuneration Committees.
- Mr. Ren Chunyu ceased membership in the Nomination and Remuneration Committees.
- The appointment of Ms. Li aids Graphex Group in re-complying with Listing Rules.
- All proposed resolutions at the Annual General Meeting (AGM) on June 29, 2026, were passed.
- Resolutions included re-election of executive and independent non-executive directors.
- Board authorized to fix director and auditor remuneration for the year ending December 31, 2026.
- General mandates granted for share repurchase (up to 10%) and share allotment (up to 20%).
Price Impact
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