Zhitong Finance App News, Capital Venture Capital (02324) issued an announcement. After Li Mingzheng retired, the company had only two independent non-executive directors and members of the company's audit committee. As a result, the number of independent non-executive directors was lower than the minimum number required under section 3.10 (1) of the Stock Exchange Listing Rules and the number of members of the Audit Committee was also lower than the minimum number required under section 3.21 of the Listing Rules. The company is looking for suitable candidates to fill the vacancy of independent non-executive directors resulting from Li Mingzheng's retirement as soon as practicable.

Independent non-executive director Zhang Weijian has been appointed as the chairman of the Company's Remuneration Committee and Nomination Committee with effect from the date of this announcement.