GDC Announces Leadership Transition With New Board Chairman Appointed

Stock News
Aug 29

GDC (08271) has announced a series of leadership changes, with Mr. Zhao Jinkui stepping in as the new Board Chairman, effective September 1, 2026.

The company revealed that Mr. Feng Xianhuai has resigned as Executive Director, Board Chairman, Chairman and member of the Executive Committee and Nomination Committee, Vice Chairman and member of the Remuneration Committee, and Authorized Representative under Rule 5.24 of the GEM Listing Rules, as well as the Authorized Representative for receiving legal process documents in Hong Kong, citing other career commitments. Meanwhile, Ms. Wu Chunhua has also tendered her resignation as Independent Non-Executive Director, Chairman and member of the Remuneration Committee, and member of the Nomination Committee and Audit Committee, to dedicate more time to personal and other affairs. Both resignations take effect on September 1, 2026.

Effective from the same date, Mr. Zhao Jinkui, currently Executive Director and General Manager, has been appointed as Board Chairman, Chairman and member of the Executive Committee and Nomination Committee, and Vice Chairman and member of the Remuneration Committee. Additionally, Independent Non-Executive Director Mr. Zheng Xiaodong has been appointed as Chairman of the Remuneration Committee, while Independent Non-Executive Director Ms. Yang Siwei has been appointed as a member of the Remuneration Committee, Nomination Committee, and Audit Committee.

Following Mr. Feng's resignation, Mr. Zhao has also been designated as the company's Authorized Representative and Legal Process Agent, with the appointment taking effect on September 1, 2026.

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