After the arrest of the major shareholder, Tan Huizhu, an independent director of Legend Legend, resigned: due to his advanced age (21:30) – 20220211 – Instant Financial News

Tan Huizhu, 76, is the vice chairman of the Hong Kong Basic Law Committee of the National People’s Congress and a former deputy to the National People’s Congress of Hong Kong.According to Legend’s IPO documents when it went public in 2013, Tan Huizhu was appointed as an independent non-executive director of the company in June of the same year; the documents at that time showed that Tan Huizhu served as an independent non-executive director of a number of listed companies, including Yongan International (0289), Sinopec Corp. Guande(0934)Beijing Tongrentang Technology(1666)and Nine Dragons Paper(2689)Wait.

After Chen Ronglian, a major shareholder of Legend, was arrested on suspicion of money laundering at the end of last month, Tan Huizhu “jumped the boat”. At that time, the company issued an announcement stating that the arrest of the major shareholder was a personal matter and had nothing to do with Legend. Later, Chen Ronglian, who was originally the company’s co-chairman and chief executive officer, resigned from the above position in order to avoid distracting the company’s attention and for the overall interests of shareholders.

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