Summary by Futu AI
CHINA GRAIN PACKAGING HOLDINGS LIMITED ANNOUNCES THAT DUE TO RETIREMENT, MR. ZHANG XIN WILL RESIGN HIS DUTIES AS CHAIRMAN OF THE BOARD, EXECUTIVE DIRECTOR, CHAIRMAN OF THE NOMINATING COMMITTEE AND AUTHORIZED REPRESENTATIVE ON MAY 10, 2024. Mr. Zhang Xin confirms that there is no disagreement with the Board of Directors and that no special notice is required to be given to shareholders. Mr. Zhang will be replaced by Mr. Zhang, who will step down as Managing Director and member of the Risk Management Committee, and Mr. Qu Hung Liang will take over as Managing Director and a member of the Risk Management Committee. In addition, the company mentioned the new service contracts with Mr. Zhang Yue and Mr. Qu Hongliang, including annual salary and other benefits. The Board of Directors is grateful for Mr. Zhang Xin's contribution and welcomes Mr. Qu Hongliang to join.