Executives from 84 public companies resign including Jinduicheng Molybdenum

As a key measure of public companies performance sustainability, steadiness of leadership concerns their prospect. But there have been 84 listed companies had reported executive resignation with different reasons in nearly a month during the period of first half performance.

July 1-27, 84 companies announced reported their executives resignation, which means three executives resigned on average during this period.

Five ex chairmen and ex chairman secretaries of nine companies resigned in July.

The five ex chairmen were from Jinduicheng Molybdenum (SSE 601958), Hangzhou Beingmate Group (SZSE 002570), Huolinhe Opencut Coal Industry (SZSE 002128), Tianjin Good Hand Holding (SZSE 000594) and Panda Fireworks (SSE 600599). And ex chairman secretaries of nine companies including Baoding Tianwei Baobian Electric (SSE 600550), Dongguan Fangda Renewable Resources Industry (SSE 600656), Jiangsu Jixin Wind Energy Technology (SSE 601218), Xuanhua Construction Machinery (SZSE 000923), Zhejiang Qianjiang Motorcycle (SZSE 000913), Shanghai SK Petroleum and Chemical Equipment (SZSE 002278), Lijiang Yulong Tourism (SZSE 002033), Baosheng Science and Technology Innovation (SSE 600973) and Nanjing Xinlian Electronics (SZSE 002546) quitted office.

Besides work, privacy and age, some executives also resign to pave a way for the holding reduction in near future.

 

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