Mingfa Group nears completion of PRC subsidiary board restructuring; only two approvals outstanding

Bulletin Express

Jun 30

Mingfa Group (International) Company Limited announced on 30 June 2026 that its multi-year effort to reorganise the boards of directors across its mainland Chinese subsidiaries is approaching completion. According to the filing, applications for director changes at two remaining PRC subsidiaries have already been lodged with the relevant local regulatory bureaus and are now pending approval. The restructuring will conclude once these approvals are issued.

The company has issued monthly progress updates since February 2021 and will continue to do so until the process is fully finalised. No additional operational or financial details were disclosed in the latest statement.

The current Hong Kong–listed board of Mingfa Group comprises: • Executive Directors: Ng Man Fung Walter, Shang Xuan and Huang Zhibin • Non-executive Directors: Lam Lee G. (Chairman) and Chen Bihua • Independent Non-executive Directors: Lau Kin Hon, Chu Kin Wang Peleus and Chan Sing Lai

Company Secretary Poon Wing Chuen signed the announcement on behalf of the Board. The company remains committed to providing further monthly updates on the restructuring progress until all regulatory clearances are secured.

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