Management ChangeJul 28, 2026, 04:32 PM
Wellchange Holdings Independent Director Shi Zhu Resigns
AI Summary
Wellchange Holdings Company Limited announced the resignation of Mr. Shi Zhu as an independent director, effective July 27, 2026. Mr. Shi's departure was not due to any disagreements with the company. Following his resignation, the Board of Directors will consist of five members, maintaining a majority of independent directors, and all board committees continue to be composed of independent directors.
Key Highlights
- Mr. Shi Zhu resigned as an independent director of Wellchange Holdings, effective July 27, 2026.
- Mr. Shi Zhu had served as an independent director since September 4, 2025.
- His resignation was not due to any disagreement with the company's operations, policies, or practices.
- Following the resignation, the Board consists of five directors, maintaining a majority of independent directors.
- The Audit, Compensation, and Nominating and Corporate Governance Committees remain composed entirely of independent directors.
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