As has been discussed recently one of Pangbo Groups other companies that is traded on the Hong Kong Exchange had some eye opening changes to the Chairman position of their other "darling company" China Shanghai Group Ltd. Here is what was announced on April 28th 2023. Since the announcement their stock price has been steadily going up! See any names that are also with EGOC? Changes they be a coming and it all looks great to me!!
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China Shenghai Group Limited Announces Executive Changes
04/28/2023 | 06:03am EDT
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The Board China Shenghai Group Limited announced that Mr. Liu Chuanyi will be appointed as Non-Executive Director of the Company (the "Non-Executive Director"
and serve as joint-chairman of the Board (the "Joint-Chairman" with effect from 28 April 2023. Mr. Liu Chuanyi ("Mr. Liu Chuanyi", aged 41. Mr. Liu found his catering business since 2020 and has established an internet company and a technology company in 2016 and 2018 respectively, which are engaged in internet solutions and creative technology service platform.
Since 2021, Mr. Liu Chuanyi served as the general secretary of Circular Economy and Ecological Restoration Working Committee of China Desertification Control Foundation. Since 2022, Mr. Liu Chuanyi also served as an officer of Management Committee of Western China Talent Development Foundation. The Board announced that Mr. Hu Hongchu will be redesginated as an executive director of the Company (the "Executive Director" and appointed as an authorised representative of the Company (the "Authorised Representative" and serve as joint-chairman of the Board (the "Joint-Chairman" effective from 28 April 2023.
Mr. Hu Hongchu ("Mr. Hu", aged 47. Mr. Hu graduated from Dalian University of Technology, major in construction engineering. Mr. Hu has extensive experience in commercial services, he founded a commercial service company in 2008 which provides one-stop commercial services to enterprises.
Mr. Hu has been appointed as a non-executive director of the Company since October 2022. The Board announced that Mr. Liu Junting ("Mr. Liu Junting" has resigned as an Executive Director and Authorised Representative with effect from 28 April 2023 as he would like to devote more time to develop his personal endeavors. Following the appointment of Mr. Liu Chuanyi, the redesignation of Mr. Hu and the resignation of Mr. Liu Junting, Mr. Liu Rongru will cease to be the Joint-Chairman of the Board while he remain as Executive Director and Chief Executive Officer of the Company with effect on 28 April 2023.
© S&P Capital IQ 2023
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China Shenghai Group Limited Announces Executive Changes
04/28/2023 | 06:03am EDT
share with twitter
share with LinkedIn
share with facebook
The Board China Shenghai Group Limited announced that Mr. Liu Chuanyi will be appointed as Non-Executive Director of the Company (the "Non-Executive Director"
and serve as joint-chairman of the Board (the "Joint-Chairman" with effect from 28 April 2023. Mr. Liu Chuanyi ("Mr. Liu Chuanyi", aged 41. Mr. Liu found his catering business since 2020 and has established an internet company and a technology company in 2016 and 2018 respectively, which are engaged in internet solutions and creative technology service platform. Since 2021, Mr. Liu Chuanyi served as the general secretary of Circular Economy and Ecological Restoration Working Committee of China Desertification Control Foundation. Since 2022, Mr. Liu Chuanyi also served as an officer of Management Committee of Western China Talent Development Foundation. The Board announced that Mr. Hu Hongchu will be redesginated as an executive director of the Company (the "Executive Director"
and appointed as an authorised representative of the Company (the "Authorised Representative" and serve as joint-chairman of the Board (the "Joint-Chairman" effective from 28 April 2023. Mr. Hu Hongchu ("Mr. Hu"
, aged 47. Mr. Hu graduated from Dalian University of Technology, major in construction engineering. Mr. Hu has extensive experience in commercial services, he founded a commercial service company in 2008 which provides one-stop commercial services to enterprises. Mr. Hu has been appointed as a non-executive director of the Company since October 2022. The Board announced that Mr. Liu Junting ("Mr. Liu Junting"
has resigned as an Executive Director and Authorised Representative with effect from 28 April 2023 as he would like to devote more time to develop his personal endeavors. Following the appointment of Mr. Liu Chuanyi, the redesignation of Mr. Hu and the resignation of Mr. Liu Junting, Mr. Liu Rongru will cease to be the Joint-Chairman of the Board while he remain as Executive Director and Chief Executive Officer of the Company with effect on 28 April 2023. © S&P Capital IQ 2023
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