According to Zhitong Finance App, Baofa Holdings (08532.HK) issued an announcement. The board of directors announced that resolution 2 (ii) was not passed at the annual shareholders' meeting. As a result, Mr. Zheng Lei (Mr. Zheng) retired as an independent non-executive director of the Company, Chairman of the Remuneration Committee, a member of the Audit Committee and a member of the Nomination Committee at the end of the Annual General Meeting of Shareholders.

According to Zhitong Finance App, Baofa Holdings (08532.HK) issued an announcement. The board of directors announced that resolution 2 (ii) was not passed at the annual shareholders' meeting. As a result, Mr. Zheng Lei (Mr. Zheng) retired as an independent non-executive director of the Company, Chairman of the Remuneration Committee, a member of the Audit Committee and a member of the Nomination Committee at the end of the Annual General Meeting of Shareholders.