Change - Announcement of Cessation::Cessation of Chief Executive Officer

Issuer & Securities

Issuer/ Manager
CHINA JINJIANG ENVIRONMENT HOLDING COMPANY LIMITED
Securities
CHINA JINJIANG ENV HLDG CO LTD - KYG2119H1092 - BWM
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Nov-2017 21:59:04
Status
New
Announcement Sub Title
Cessation of Chief Executive Officer
Announcement Reference
SG171110OTHRG60W
Submitted By (Co./ Ind. Name)
Chan Poh Kuan
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Ms Wang Yuanluo as Chief Executive Officer.

China International Capital Corporation (Singapore) Pte. Limited was the sole issue manager, global coordinator, bookrunner and underwriter (the "Sole Issue Manager, Global Coordinator, Bookrunner and Underwriter") for the initial public offering of shares in, and listing of, China Jinjiang Environment Holding Company Limited on the Mainboard of the Singapore Exchange Securities Trading Limited. The Sole Issue Manager, Global Coordinator, Bookrunner and Underwriter assumes no responsibility for the contents of this announcement.

Additional Details

Name Of Person
Wang Yuanluo
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
10/11/2017
Detailed Reason (s) for cessation
To effect leadership renewal as part of the Group's long-term succession plan and to separate the roles of Executive Chairman and Chief Executive Officer ("CEO"), Ms Wang Yuanluo relinquished her role as CEO of the Company and will remain as Executive Chairman of the Company. As Executive Chairman, she will continue to be responsible for the Group's strategic planning going forward.
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
29/06/2016
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)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and CEO of the Company. Upon her cessation as CEO, Ms Wang Yuanluo will remain as the Executive Chairman of the Company.
Role and responsibilities
Upon her cessation as CEO, Ms Wang Yuanluo will remain as the Executive Chairman of the Company and will be responsible for the Group's strategic planning going forward.
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
Ms Wang Yuanluo holds 1,040,000 ordinary shares in the Company which were allotted and issued on 5 September 2017 pursuant to the vesting of share awards granted under the Jinjiang Environment Performance Share Plan.
Past (for the last 5 years)
Zhejiang Huadong Aluminum Co., Ltd.
Beijing Jinjiang Huaxue Business Consulting Co., Ltd.
Jinjiang International Media Co., Ltd.
Jinjiang International Advertising Co., Ltd.
Zhejiang Central Desulphurisation Co., Ltd.
Inner Mongolia Liancheng Light Alloy Co., Ltd
Anji Xiannanyuan Property Development Co., Ltd. (dissolved)
Hangzhou Jinjiang Group Co., Ltd.
Zhejiang University Jinjiang Environmental Energy Development Co., Ltd.
Hangzhou Jinjiang Engineering Research Co., Ltd.
Zhejiang East China Aluminum Co., Ltd.
Zhejiang Zhuji Thermal Power Development Co., Ltd.
Sanmenxia Green Energy Environmental Protection Energy Co., Ltd.
Wuhan Jinhongde Biological Energy Co., Ltd.
Guangxi Tiandong Jinsheng Chemical Engineering Co., Ltd.
Guangxi Tiandong Jinxi Chemical Engineering Co., Ltd.
Shanxi Rongguang Energy Co., Ltd
Shanxi Heguang Energy Co., Ltd.
Kuitun Jinjiang Thermoelectricity Co., Ltd.
Kuitun Jinjiang Chemical Co., Ltd.
Inner Mongolia Jinlian Aluminum Co., Ltd.
Inner Mongolia Jinlian Coal Mining Co., Ltd.
Inner Mongolia Kaiyuan Ecological Aluminum Co., Ltd
Guizhou Huajin Aluminum Co., Ltd.
Shenyang Jieshen Environmental Energy Technology Co., Ltd.
Hangzhou Capital Star Hotel Co., Ltd.
Zhejiang Jiyang Thermal Power Co., Ltd.
Zhejiang Private Enterprise Joint Investment Co., Ltd.
Anji Jingxin Property Development Co., Ltd.
Jiande Jinjiang Comprehensive Coal Utilisation Co., Ltd.
Hangzhou Hailu Heavy Industry Co., Ltd.
Zhejiang University Jinjiang Environmental Protection Energy Development Co., Ltd.
Sanmenxia Sanlian Thermal Power Co., Ltd.
China Green Energy Limited
Present
Group Companies:
China Jinjiang Environment Holding Company Limited
Lamoon Holdings Limited
Gevin Limited
Outstanding Mode Developments Limited
Prime Gain Investments Limited
Sunrise Development Group Limited
Hangzhou Xiaoshan Jinjiang Green Energy Co., Ltd.
Hangzhou Yuhang Jinjiang Environmental Protection Energy Co., Ltd.
Lin'an Jiasheng Environmental Protection Co., Ltd.
Green Energy (Hangzhou) Enterprise Management Co., Ltd.
Zhengzhou Xingjin Green Environment Energy Co., Ltd.
Wuhu Lvzhou Environmental Protection Energy Co., Ltd.
Wuhan Green Energy Co., Ltd.
Wuhan Hankou Green Energy Co., Ltd.
Kunming Xinxingze Environment Resources Industry Co., Ltd.
Yunnan Green Energy Co., Ltd.
Zibo Environmental Energy Co., Ltd.
Zibo Green Environmental Energy Co., Ltd.
Tianjin Sunrise Environmental Protection Science and Technology Development Co., Ltd.
Shanghai Sunrise Management Co., Ltd.
Yinchuan Zhongke Environmental Electrical Co., Ltd.
Inner Mongolia Pulate Transportation Energy Co., Ltd.
Hohhot Jiasheng New Energy Co., Ltd.
Lianyungang Sunrise Environmental Protection Industry Co., Ltd.
Jilin Xinxiang Co., Ltd.
Songyuan Xinxiang New Energy Co., Ltd.
Suihua Green New Energy Co., Ltd.
Qitaihe Green New Energy Co., Ltd.
Yunnan Jinde Green Energy Co., Ltd.
Zhongwei Green New Energy Co., Ltd
Gaozhou Green New Energy Co., Ltd.
Baishan Green New Energy Co., Ltd.
Hunchun Green New Energy Co., Ltd.
Tangshan Jiasheng New Energy Co., Ltd.
Linzhou Jiasheng New Energy Co., Ltd.
Yulin Green New Energy Co., Ltd.
Zibo Green New Energy Co., Ltd.
Gaomi Lilangmingde Environmental Protection Technology Co., Ltd.
Manzhouli Green New Energy Co., Ltd.
Hangzhou Jinhuan Investment Co., Ltd.
Yucheng Jinhang New Energy Co., Ltd.
Lvliang Green New Energy Co., Ltd.
Wudi Jinhuan New Energy Co., Ltd.
Zhejiang Zhuji Bafang Thermal Power Co., Ltd.
Wenling Green New Energy Co., Ltd.

Other Companies:
China Green Energy Jiande Limited
Grand Energy Co., Ltd.