Citychamp Watch & Jewellery Group Faces Board Compliance Challenge After Director's Passing

TipRanksMar 5 18:37

CITYCHAMP (00256.HK): Independent Non-executive Director Zhang Bin has passed away.

Gelonghui reported on March 5th that CITYCHAMP (00256.HK) announced with a heavy heart that independent non-executive director, member of the Audit Committee, member of the Nomination Committee, and member of the Remuneration Committee, Zhang Bin, passed away on March 4th, 2025.

Gelonghui FinanceMar 5 18:33

CITYCHAMP (00256.HK) executive director Xue Lixi is under investigation by the China Securities Regulatory Commission.

CITYCHAMP (00256.HK) announced that the company's Executive Director, the actual controller of Citychamp Dartong New Materials (600067.SH), and current Director Xue Lixi, has recently been informed by the China Securities Regulatory Commission due to his suspected involvement in insider information suggesting others to trade Stocks and engage in short-term trading of Citychamp Dartong New Materials.

AASTOCKSJan 10 09:09

China Orient AM to Acquire Stake in Citychamp Dartong's Unit Through Debt-to-Equity Swap, Capital Increase

MT NewswiresDec 23, 2024 17:57

Citychamp Dartong Advanced Materials to Raise Subsidiaries' Capital Through Debt Conversion

MT NewswiresNov 27, 2024 13:05

Citychamp (00256.HK) received a shareholding increase of 1.2 million ordinary shares from Long of South Korea, valued at approximately 1.0873 million Hong Kong dollars.

On November 25, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on November 25, South Korea's Long increased its shareholding in citychamp (00256.HK) by purchasing 1.2 million ordinary shares at an average price of HKD 0.9061 per share on November 20, valued at approximately HKD 1.0873 million. After the increase, Long's latest shareholding amounted to 3.041 billion shares, with the good warehouse ratio rising from 69.85% to 69.88%. Image source: Stock disclosure from the stock exchange What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more) are required to disclose their stakes in listed companies.

Futu NewsNov 25, 2024 17:04