Change - Announcement of Cessation::RETIREMENT OF EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER
Issuer & Securities
ZHENENG JINJIANG ENVIRONMENT HOLDING COMPANY LIMITED
ZHENENG JINJIANG ENV HLDG CO - KYG9898S1075 - BWM
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
RETIREMENT OF EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER
Submitted By (Co./ Ind. Name)
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Zhang Chao as Executive Director and Chief Executive Officer.
Name Of Person
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr. Zhang Chao will be retiring as an Executive Director and the Chief Executive Officer of Zheneng Jinjiang Environment Holding Company Limited (the "Company") upon the expiry of his service contract with the Company on 10 November 2020.
Mr. Zhang Chao will remain as an Executive Director and the Chief Executive Officer of the Company until his retirement takes effect and he will work closely with the Board of Directors and the management of the Company to achieve a smooth transition.
The Company will provide updates to its shareholders if there are any material developments and/or when the new Chief Executive Officer of the Company is appointed.
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?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Executive Officer
Role and responsibilities
Responsible for overseeing the day-to-day operations of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Direct: 1,050,000 ordinary shares
Deemed: 600,000 ordinary shares
Past (for the last 5 years)
Suzhou Chinese Consortium Holding Co., Ltd.
Yulin Green New Energy Co., Ltd.
Hangzhou Jinhuan Investment Co., Ltd.
Lin'an Jiasheng Environment Co., Ltd.
Shanghai Sunrise Management Co., Ltd.
Green Energy (Hangzhou) Enterprise Management Co., Ltd.
Hangzhou Xiaoshan Jinjiang Green Energy Co., Ltd.
Kunming Xinxingze Environment Resources Industry Co., Ltd.
Yunnan Green Energy Co., Ltd.
Jilin Xinxiang Co., Ltd.
Songyuan Xinxiang New Energy Co., Ltd.
Ecogreen Energy Private Limited
Ecogreen Energy Gurgaon Faridabad Private Limited
Ecogreen Energy Lucknow Private Limited
Ecogreen Energy Gwalior Private Limited