Announcement • Jun 24
Dongguang Chemical Limited Announces Board and Committee Changes, Effective June 22, 2026
Dongguang Chemical Limited announced that Ms. Lin Xiuxiang had tendered her resignation as an independent non-executive Director with effect from June 22, 2026, in order to maintain the Company’s good corporate governance practices, taking into account her long years of service with the Company. With effect from the same date, Ms. Lin ceased to be chairperson of the Audit Committee, chairperson of the Remuneration Committee, member of the Nomination Committee and member of the Corporate Governance Committee of the Board. The Company announced that Ms. Zhang Xiaomin had been appointed as an independent non-executive Director with effect from June 22, 2026. Ms. Zhang Xiaomin, aged 32, is a practising lawyer in the PRC. She has worked at Hebei Tonghe Law Firm since 2023. She has accumulated extensive experience in judicial practice, criminal, civil and administrative cases, as well as corporate legal affairs and compliance management. Before joining Hebei Tonghe Law Firm, Ms. Zhang worked at local prosecutorial agencies, where she developed rigorous case analysis and compliance review capabilities. Ms. Zhang was a core member of the Cangzhou Corporate Compliance Legal Service Group from February 2024 to February 2026, and also serves as a lecturer of the “Magnolia Engagement” Hebei Women Rule of Law Dissemination Group for a term from July 2025 to July 2029, and is a member and external practical course lecturer of the Corporate and Securities Law Professional Committee of the Lawyer’s College of Renmin University of China from March 2026 to March 2028. Ms. Zhang obtained her Bachelor’s degree in Management in June 2018 from Hebei Normal University of Science & Technology, qualifying as a legal professional. She obtained her senior legal counsel qualification accredited by the Training Center of China Management Science Society in August 2023 and the Corporate Compliance Officer Personal Proficiency Testing qualification accredited by the China Certification and Accreditation Institute in February 2024. The Company announced that Mr. Leung Ting Yuk had been appointed as an independent non-executive Director with effect from June 22, 2026. Mr. Leung Ting Yuk, aged 51, has over 25 years of experience in financial management, accounting and auditing. Between September 2018 to March 2025, he served as financial consultant of Hevol Service Group Co., Limited. From March 2017 to August 2018, he was the chief financial officer of S&R Group Limited. From September 2015 to September 2016, he has also been the chief financial officer of ASD International Holdings Limited. Prior to that, Mr. Leung served successively as chief financial officer of the following companies whose shares are listed on the Stock Exchange: ZMFY Automobile Glass Services Limited from October 2012 to February 2015, China 33 Media Group Limited from May 2010 to October 2012 and China Kangda Food Company Limited from January 2008 to May 2010. Prior to that, he commenced his career in the audit department of Grant Thornton Hong Kong from November 2000 to January 2008. Mr. Leung currently serves as an independent non-executive director of the following companies whose shares are listed on the Stock Exchange: Yanchang Petroleum International Limited since December 2009; Xinyi Energy Holdings Limited since November 2018; Tai United Holdings Limited since July 2023 and Shangshan Gold International Holdings Limited since May 2025. Mr. Leung had also been an independent non-executive director of Most Kwai Chung Limited between March 2018 and May 2026. Mr. Leung obtained a Bachelor of Commerce majoring in accounting from the University of Wollongong, Australia in September 2000. He is a member of the Certified Practising Accountants, Australia and of the Hong Kong Institute of Certified Public Accountants since November 2000 and January 2008, respectively. With effect from June 22, 2026, Mr. Leung was appointed as chairman of the Audit Committee, Ms. Zhang was appointed as member of the Audit Committee, Ms. Zhang was appointed as chairperson of the Remuneration Committee, Ms. Zhang was appointed as member of the Nomination Committee, Mr. Leung was appointed as chairman of the Corporate Governance Committee, and Ms. Zhang was appointed as member of the Corporate Governance Committee. Mr. Liu Jincheng ceased to be a member of the Corporate Governance Committee.
