Change - Announcement of Cessation::RESIGNATION OF EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER

Issuer & Securities

Issuer/ Manager
CHINA SHENSHAN ORCHARD HOLDINGS CO. LTD.
Securities
CHINA SHENSHAN ORCHARD HLDGS - BMG2860H2096 - BKV
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
06-Jul-2023 21:48:29
Status
New
Announcement Sub Title
RESIGNATION OF EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER
Announcement Reference
SG230706OTHRAIUF
Submitted By (Co./ Ind. Name)
Ho Teck Cheong
Designation
Non-Executive Chairman and Independent Director
Description (Please provide a detailed description of the event in the box below)
Announcement of resignation of Mr. Hu Chao as Executive Director and Chief Executive Officer of China Shenshan Orchard Holdings Co. Ltd. (the "Company").

Additional Details

Name Of Person
Hu Chao
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
07/07/2023
Detailed Reason (s) for cessation
Mr. Hu Chao has resigned due to health reasons.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
03/07/2021
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and CEO of the Company and Legal Representative of Xingnong Agriculture
Role and responsibilities
Executive. Mr. Hu Chao is responsible for the overall business direction and strategy of the Company and its subsidiaries. Mr. Hu Chao was also the Legal Representative of Chibi Shenshan Xingnong Agriculture Technology Co., Ltd. ("Xingnong Agriculture"), a principal subsidiary (as defined in the Listing Manual of the Singapore Exchange Securities Trading Limited) of the Company in the People's Republic of China.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr. Hu Chao is deemed to have an interest in 5,265,060 shares of the Company (representing approximately 6.60% of the issued share capital of the Company) held though Easy Direct International Limited via a nominee account with UOB Kay Hian Private Limited by virtue of Section 4 of the Securities and Futures Act 2001.
Other Directorships
Past (for the last 5 years)
Xingnong Agriculture
Present
Nil