Peking University Resources (00618) announced that with effect from 1 April 2020, Li Fazhong and Wang Linjieyi resigned as independent non-executive directors due to their intention to focus on their respective business development; As a result of their resignation as Directors, Li Fazhong is no longer a member and chairman of the Audit Committee and the Remuneration Committee of the Board, and Wang Lin jieyi is no longer a member of the Audit Committee, the Remuneration Committee and the Nomination Committee of the Board;
Lau Ka Wing and Lai Ya Ming have been appointed as Independent Non-executive Directors; Chan Chung-ji was appointed to replace Lee Fa-chung as Chairman of the Audit Committee of the Board;
Liu Jia was appointed to replace Li Fazhong as a member of the Audit Committee and the Chairman of the Remuneration Committee of the Board; and Lai Yaming was appointed to replace Wang Lin Jieyi as a member of the Audit Committee, Remuneration Committee and Nomination Committee of the Board.
![Liu Jiarong: Huang Feihong's great-grandson, who is not valued by his brother Liu Jialiang, and is more like a brother to Hong Jinbao[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)