Flat Glass Group Co., Ltd. Announces Retirement of Ng Ki Hung as Independent Non-Executive Director
February 04, 2021 at 04:30 am EST
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Flat Glass Group Co., Ltd. announced that Mr. Ng Ki Hung, an independent non-executive Director and a member of the audit committee and the
nomination committee of the Company, has been an independent non-executive Director of the Company since 20 January 2015, and has continuously served as an independent non-executive Director for six years until 19 January 2021. According to the relevant provisions of the Companies Law of the People's Republic of China (the "PRC"), the Guidance for Listed Companies on Establishment of Independent Directors System and other relevant PRC laws and regulations, as well as the articles of association of the Company (the "Articles of Association"), independent non-executive directors shall not serve continuously for more than six years. Hence, the term of office of Mr. Ng Ki Hung was expired on 19 January 2021, and he shall retire and cease to act as an independent non-executive Director of the Company. Mr. Ng Ki Hung confirmed that he has no disagreement with the Board and the board of supervisors and there are no matters in relation to his retirement that need to be brought to the attention of the shareholders of the Company.
Flat Glass Group CO., LTD. is a China-based company principally involved in the research, development, manufacturing and sales of glass products. The Company's main products include photovoltaic glass, float glass, engineering glass and home glass. In addition, the Company is also engaged in the mining and sales of glass quartz mine and engineering procurement construction (EPC) photovoltaic power plant construction businesses. The Company distributes its products within domestic market and to foreign markets.